Take it to $6 and many longs will sell a bunch of shares.
Don't wet your pants over the good news if it comes along. It's a very long way to commercialization before Arena see's a dimes worth of income. Let's be realistic about things from an investment point of view.
But it's not approved, and going to take a great deal of time before you see a dime of income.
Tie bitcoin value to the price of gold as a standard, and then see what happens........both will go up is my view, and remain fairly stable as a solid trade currency across the globe. I have a hard time trusting bitcoin's value at this stage.
I will never forget the conversation when talking with him before FDA approval of Belviq. His comments: I don't write scripts for new drugs until at least two or three years when it's had time to work in the population mass to expose all the side effects. He said several doctors practice the same way with caution first. And here we are trying to gain substantial market share.
You scare me......another evil way to get screwed by JL. It's pretty clear to me that big pharma can wait out ARNA to buy out at realistic price if they have a mind to do so. I don't think Arena has the upper hand that Jack thinks he has when making a deal.
Does the same marketing genius Easai have rights to distribution? We are screwed before approval, I expect the same hurdles to overcome for market share that will make any significant difference to the bottom line in a couple of years. Next question......what will it cost? More, less or the same. Putting the cart before the horse is easy to pump when all the real hard nose facts are still unknown. The road is long, and bumpy.
FF.....does that stand for a warm FUZZY FEELING? Hard to get a warm fuzzy feeling when the head honchos continue to sell their options and not hold the bag like us. Who do you trust with your money when it comes to a small cap biotech? ENUF....fire Jack"O".
Waiting now for 6 years, what about you'all? Only hope is a buyout offer, but Jack has to go first so someone with some sense will do an offer for the shareholders to finally win one big payday.
Squeeze my #$%$.......folks on this board have been calling out a massive short squeeze for years, when only a few minor ones came about. Who's your DADDY......Mr. Short, and they are most of the major holders giving you the screws. They don't need shares to cover, they already own them if needed to cover.
AA does not treat the immediate critical withdrawal symptoms to get past the body cravings, it is a life changing alcohol support system. People need some medical help during those first four to six weeks of drying out, and then on to changing their lifestyle from drinking.
I have a standing sell limit order in place......longs are selling at the right price.