Keep up the good work......even though it makes no difference. You give some people faith again in their investment, while others have seen the lights go out.
I think the CEO is for sale, at least for some inside timing influence. PUT THIS COMPANY ON THE MARKET TO THE HIGHEST BIDDER......FOR SALE BY STOCK OWNERS. The only way out of this investment with your shirt still on your back, (or blouse). Sometimes I honestly think they are shaking down retail investors.
I am with you......that's the message I got from the conference call. No funding, no guidance and Wall Street heard that message also......stock dives, there was NO solid foundation laid for future earnings.
It's far worse than that.........wake up. Long 6 years now this week. Sold half at the last pump and dump at $6.22, now I wish I would have sold it all.....fooled too many times by Arena mgt. the last straw for me.
All longs can average down their position when it gets there. I was buying below $3.50 five years ago, and here we are again........Thanks Jack'O, you be a swell guy.
This article is sooooooooooo gooooooooooood, I can't believe we are down 6% or more after it was published.
U Bozo, Wall Street knows only one thing.....SHOW ME THE MONEY! Jack is spending it faster than he can print more shares. This ship needs to make a big U TURN with someone else at the helm. The CC left all hope dangling for a decent share price increase two years out.
I would rather he did not hold the CC......maybe we would only be down 3% instead of 6%.
This is a long climb back to $5....... half a year or more with good results from Korea is our only chance. Lost all confidence in Jack Lief, and I no longer trust him as a CEO.
However, the market does not see it like your blind eyes. Dropping share holder value as we speak prior to the open. Earning per share going nowhere, wall street responds.
So I ask again, who is WE? "WE liked the CC"
No firm revenue guidance for 2015, is this where you want your money? They are driving down the road, they know where they want to go, they know which roads to take, but we really don't know when they are going to get there. I don't see a profit for at least three more years and probably another stock offering being handed to us for more share holder value. Blah...Blah...Blah from a lot of smart Exec type people who are obsessed with the discovery of new drug indications and the pathway of progress. They don't care about making money for the investor, there will always be another avenue to take on their road trip, and each mile cost 100's of millions to drive down. What I heard......HOLD TIGHT, we might see the fruits of our labor add some real PPS value in a couple of years from now as they danced around Brazil, and Mexico time line.
We need a buyout to obtain real shareholder investment return on invested dollars. Not one mention on cost reduction. They better have a very rich deal somewhere in the closet or this ship is sinking from the inside out.
Normal volume.....often that is trade between various fund owners who move ARNA in and around the funds they own. One has to sell or buy to meet the prospectus investment outlines. Small cap biotec funds, vs, small cap biotec growth funds. When the growth stops they move some out.lk
This thing churns on daily trading contracts, tic, by tic, hour by hour. Maybe they let the bull-dog's out to run for a few days. I am even on my position today, and up a cent.
Yea, I know the answer to that quiz? They got scammed also.....sheet happens.
Expect to hear bad news about the timeline of the pipeline progress. Some are going on the shelf for a later time and place when financials can support the spending. The attending audience questions will be brutal, direct, and specific for details. Jack will be dancing the two step shuffle. Thank me later for this bit of wisdom.
Inflation.....is the key word. I could buy a loaf of bread long ago for .15 cents, and I remember gas .18 cents a gallon. Oil cost to produce, transport, and refine have all gone up to support world demand, and that's why it will remain higher.....these prices are to low for the market long term. Income to continue discovery, world income for several nations depend on it and must meet debt obligations from oil money income. Oil is a major driver of jobs world wide.