Ultimate price? He made money off the Dream Team pump. I find it unlikely that Ahn is the only person involved in the scam, but he is the sacrificial lamb to appease the trading gods. Ahn w likely leave with a fully fluffed out golden parachute. boohooo. You feel sorry for him if you want. I don't.
There is a story on the front page of "The Oregonian" that says Ahn's gone. It doesn't have the details of under what circumstances he's leaving, but says a press release will be made tomorrow.
I was considering that possibility also. It all depends on whether or not he was viewed as the problem. I mean look at what happened to MSFT's stock price when they finally unloaded Ballmer as CEO. It went up 25-30%. It will probably go up another 10-15% now that he's not on the board of directors.
I came to the same conclusion, but bought a few shares in the $2.30's just in case it didn't make it all the way to the $1.90-2.00 support level. Saving some dry powder for that level. Nothing wrong with the drugs, just bad public relations management.
It's always darkest before the dawn. Seen 2 different imposters of myself today.
- I can only figure the loonies have sunken to this level in order to at least pretend they are talking to real posters. I guess in their minds, it helps them deny they are CRAZY. Maybe one day Yahoo will end this multiple ID nonsense, but I'm not holding my breath. Nice to see you still stop by occasionally.
2 imposters on the same day. Wow. A little desperate, Red?
- I will agree this is entering the buy zone.
Your initial point about the difficulties in getting treatment to those that are infected is fairly well made. The disease spreads fast and there isn't enough vaccine.
- Now about your price change comments. The stock price was down because the trial was halted. The price went up because of the Ebola scare. Saying the price change was caused by posters on a Yahoo message board is just stupid.
They can't simply cut Eisai. Eisai bought and paid for the marketing rights for Belviq. If they fail to honor that deal, if they even can without coming to an agreement with Eisai, and it would be quite expensive.
That knife cuts both ways. It also means there is less synergy to be gained by buying the company. There simply is no sales or marketing staff to cut to reduce Arena's operating expenses. There is only the board and some management.
Exactly what I was thinking. And you can time that sell article coming out at the same time the price dropped from $20.50 to close in the mid $19's. I'm not accusing them of anything, people can draw their own conclusions.