They eat the little guy for lunch, probably the service you will be using next. Their business model is very capital intensive, delivery trucks, storage tanks, transportation, safety mandates, labor, unstable prices, operating margins. APU has the backing to maintain, and service the customer. Now if you are a commercial customer and depend on propane to run your business needs, that's very important, along with a contract at a set price. Good company's have a good business model that makes money, and takes great care of their customer. You get what you pay for!
It's now August 31st, 2015.....Vadar you really sucked on that message from July 20th. In fact I can't recall any of your predictions ever bearing an inch of truth over the years.
Bingo, In other words, they need to start running like a company instead of a research scramble for cash each year.
Don't mean sheet until they can commercialize a product making money, find joint partners, manage cost.
Nope, me either. Most likely they already know their fate, and are leaving with a little face saving departure. A good thing in my view, change the players who played along. Still goes back to rebuilding the trust factor.
I sold all ARCP shares way back when before the big stink, but exchanged (bought) half back in preferred stock. Thinking about jumping back in, this may be a bargain 18 months from now.
Weak are folding? Smart ones are getting out. There are many very good investments to park your money, this is not one of them any longer. CFO left for a reason, the handwriting was on the wall and he was the king insider for financial knowledge.
Risk VS Reward? 85% Risk and 15% Reward maybe 5 years from now. I don't hear any plan Jack"O" has to put this company on an upward course.
It's like exactly what I have been carping about.....the 3 medical clinics in The Villages where I live DO NOT Script Belviq from any of the 24 or more doctors. Why? As a group, and directed by their medical director it does not meet their primary standard of care protocol for obesity treatment. And that's a big problem to overcome. They gave Belviq a trial period for qualified patients, and currently do not use it after evaluating the overall results, including cost.
Funny, Calling for his head after four years of marginal performance, several dilutions, and some very misleading guidance, or lack of guidance. He has failed the stock holders, and those who have invested in ARNA. I do not see him making, or presenting a plan in a public form for a stockholder to have confidence going forward. Sell the company, clear the debt, clear the overhead, operate under a much larger pharma player who can fund the pipeline. Arena cannot support what they have to accomplish with out further stock dilution, and they have already gone to the well to many times.
Institutions win some and lose some. The are never 100% winners and often take a loss on a position. ARNA may be one of them soon, most of those shares owned were bought at a higher price. Be ready to sell when they bail out......they will do their best to bring up the price selling out shares over a 10 day period. ARNA fundamentals are poor and they know it for the near term future. A spin mill is in the wings, wait for it to happen and pick your exit point.
Least you forget, earnings loss, scripts down weekly, most of the pipeline stalled, no confidence in managements direction, no answers to bail the company out of this mess. You, and the rest of us have a real loser.......wake up
What do you have to say about that Henry..........speechless I hope. You have a big loss like most longs. Pipeline may never get funded.
Pifff.......$5 was support at one time, and then $4.50, and then $4.00.......optimistic fool! $2.50 is the only real support after the next share dilution.
Well, Ms. Sharon, I now live in The Villages, a retired lifestyle community and have changed doctors since then. Three treatment clinics in the community, all under the United Health Care umbrella, and each center has 8 to 10 doctors, and the same number of nurse practioners on staff, all paid a salary. They are a full service diagnostic facility, lab, x-ray, hearing, etc. A medical director is over all the clinics with huge input from the medical staff on standard treatment procedure......none script Belviq to their patients was what I was told directly by my doctor. They did give it a trail period, and were not impressed with results, and do not use the drug for obesity as a standard for weight loss treatment.
Just reporting what's going on in my world, and that concerns me as a stock holder. Easai is struggling to build the script count week over week, and we are far behind expected script projections from the start. Something is not going well.
Honestly, I would like to see ARNA succeed, but have lost all faith in Jack's ability. It's well past my investment timeline for this company to stand on it's on feet with revenue income.
I don't see a sound financial picture being presented with any hope of share price recovery.
Yes I still hold shares, although far, far less than one year ago. Hate to sell at a loss, first in , first out I made good money.........last in last out if I sell now it will be a loss. You know the drill
What you won't hear........I solid financial plan to get this company back on it's feet. A plan for immediate turn around, a cut in operating expenses, or any interest in selling. Someone please ask him to step down from his position during the conference call, or when he plans to retire?