Here is my view.....can you trust a bunch of Coke Heads in a study? I hope they are under lock, and key for the duration of the study, blood test, urine test, lie detector test on a weekly basis.
That was a sound argument Spencer made, reasonable thinking speculating why ARNA might have been side stepped.....food for thought, did Jack turn down a fair offer? Perhaps, maybe, who knows? The timing was about the time the CFO decided to leave when announced. He would have been one knowing any and all details of any interested party's and might have been in favor of a pending offer. Just sounding off and speculating on chain of events. You have to ask StockVader for the real truth.....after all he has to be right just once sometime.
Sharon's been around along time, betting on the future science that has yet to produce a sustainable profit for Arena. Sadly, like many long's, she bet on the obesity market to become a big success. We believed Jack"O's" hype and predictions. He has failed to produce, has not met timelines, expanded to markets in a timely fashion, and diluted the living daylights to keep afloat. He has failed in my view. She and others can't seem to see the reality of his failure, and just how he is going to sustain the company in the near term future.
In the end it's her money, give her the courtesy to lose her #$%$ without the name calling. She is probably a nice lady, and perhaps someone's Grandma.
Any guess when Arena will be trading on the OTC Bulletin Boards. I am selling "GUESS THE LOTTERY" date squares for some month and date in mid 2016....any players? Bashers, pumpers, shorts and longs welcome.
I will wait for StockVader to opine on your advance info......we all know he has inside info that is right 100% of the time? They can't sell the whole company for 7.5 billion at this time is my viewpoint. I'll believe it when I see it......until then it's a wish, and a prayer. My advice, start praying for a miracle.
Phoop on that! should we give Easai some more time also? They overstated the market in SK, the same way they overstated the USA market. Now we know the real "RAT" in Arena's history......it's Jack"O".
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.
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