Cover by all means legal, and borderline illegal.......where the hell is the SEC? These unsavory trade practices have gone on for several years controlling ARNA's pps.
All things considered, the company is much further along, has a better financial position, is on the path to increasing scripts week over week, expanding coverage, expanding approval applications for other world markets. We were not in this position 1 year ago today, and the stock was trading at $9.02 on this date a year ago. My view it's worth that today, and we will see that price in the very near future again. Never have I owned a stock with such manipulation around options, and upside down positions, FUD attacks openly pound it around with misleading info, deceiving analyst (CS) reports and downgrades. Rest assured, the future is bright for ARNA, but these attacks will continue.
The management has a lot of their own skin in the game. Monthly divvie is a good yield, commercial real estate backed investment with predictable cash flow every month from the strong tenant base. Management knows what they are doing IMO. Invest on your own conclusion, I just gave you mine.
I expect they will try for $5.50 the next couple of days until they get no volume.
Market Edge present more of a short term investor horizon. I get Market Edge, Thompson-Reuters, & IQ S&P Capital, Morningstar through Scottrade. Market Edge has usually been a bit harsh on ARNA this year.
Wait until Wednesday to get your best low price.....$5.50 is the number at the bottom of this slide maneuver. No shares are moving at this price, volume is way off.
Patients usually see their doctors every three months. Many will squeeze in one more visit before year end, especially those who have already met their deductible. January numbers should be a rocket ride.
What they take it down based on a weeks worth of scripts....that really does not change the overall value of the company. It's a tiny holiday event of doctors not being in the office for several days. It's shorty up to the same ole sheet, and why the charts are bogus for short term analysis. Sorry this is not a chart stock for the time being.....way to much volatility to figure out a chart. IMO, the chart always says "volatile - proceed with risk."
GE, who builds locomotives for the rail industry also owns CSX. Now building LNG engines to run the trains. Look for it soon in 2014. Much cheaper, and they can go further without refueling. the same switch to LNG is taking place on large ships, to smaller harbor craft. Ships using LNG will triple and continue on a steady growth. Industry is reaching far forward for large customers to handle the gas glut. Compliments of this winter storm, nat gas supply will go quick.
Royal Dutch Shell (NYSE: RDS-A), General Electric (NYSE: GE), and Clean Energy Fuels (NASDAQ: CLNE) all have plans to make natural gas and shipping synonymous, as Bloomberg reports.
We could see whole fleets of merchant ships switch to natural gas in the very near future. Shell has announced its plan for LNG plants in the Great Lakes and the Gulf Coast areas. GE says it is looking at various locations to build plants for ships, trains, mining, and trucks. And Clean Energy will construct the country’s first fuel station for cargo ships running on natural gas in Jacksonville, Florida beginning next year.
This same article outlined the long term plans to outfit ships to run on converted engines running LNG. A plant is being considered for Jacksonville, Florida sea port. Sea going vessels will double from current levels running on LNG.
Glad I live in Florida, but traveling to Kansas City Mo. for Christmas with family. Lot's of gas going to burn this winter, and it's already started.
For those who don't know much about CSX, and why it may very well be a great investment. Controlling the South East rail sector and into the upper East coast, they most likely will be the first to switch trains running on LNG gas engines created by GE. Another interesting hidden piece of info....due to a federal block of money to rebuild many specific railroad bridge overpasses throughout the southeast where CSX runs their trains, the goal is to raise the height of the selected bridges to allow a double stack of cargo containers to pass under the rebuilt higher bridges. this process is underway now. CSX benefits by hauling twice the load on the same carrier car with a huge cost reduction, moving more loads per mile gaining significant revenue for many years. CSX Investment decision? LNG gas locomotives, higher bridges allowing double tier containers, enhanced revenue, cheaper operating cost per freight mile. The NatGas industry is doing all they can to build new large customers as major consumers to handle the expanding glut of gas produced for the future.
GE is one company vying for a piece of Caterpillar’s market share with a gas engine of its own; both contend that their new engines could also run on gas produced at local wells. The two companies are used to going head to head, already competing in the locomotive engine market.
While those two battle it out on various fronts, CSX Corp (NYSE: CSX), a division of GE, announced last month that it will explore technology that would have locomotives running on liquefied natural gas (LNG).
In the coming months, diesel-powered locomotives will be outfitted with a kit that also is capable of powering the locomotive on LNG.
This is something we haven’t yet heard from Caterpillar. If it works, natural gas-powered trains could travel greater distances, make fewer stops, and be more economical and beneficial to the environment.
This train would revolutionize the industry.
Three steps forward and up, one 1/2 step backwards......it's how ARNA trades. Progress is up overall, and will continue heading north.
They stole your shares right out of the box this morning. Congrats for losing your precious shares, you can buy them back higher. If you want to protect your shares, do not set a stop loss. They can hunt on the downside for shares, hunt the margin accounts, and they can raise the price to the ask to get the orders filled...your choice.