Belviq will move up 2,000 RX maximum, stall again for the 4th time and Eiasi will roll off the 200 contract salesman end of year and consider dumping the product before spending 250M more on studies required by the FDA. The cost to promote higher sales is more than the revenue generated for those incremental sales gains. 3Xl original salesforce and print ads and TV did not yield 3x more RX's. More Dr's writing RX and no more sales means some Dr's are quitting writing Rx's. Those are what the big numbers over time tell us.
The cost of labor as the percentage of total output has dropped to the lowest since the end of WWII. The problem is us not practicing trickle up economics at this time when the % of all wealth is still continuing to go to the 1%. States which raised the minimum wage have seen larger job growth. It is trickle up economics that works at this point in the economic cycle
It has an effect on when thy need to raise more cash. They don't want to be below one year before they pull the trigger on more cash. They are at least 18 months away from partnering a R@D item, IF , it looks promising and in a competitive spot. They will be out of cash by then
Many billionaires with egos and or substance abuse problems go broke. Look at Donald trump for example. Ace Greenberg lost billions too. Happens daily around the world. Winners become reckless losers. Bet this guy never thought Amazon would be a big deal and his crapolla stores become irrelevant. I went to 2 stores today to buy an item. Neither had it. One said they can try to order it and may arrive Weds. I said I will order it on amazon and it will arrive Tuesday with no effort on my part.
The RE is overvalued about 17% from time of K mart merger write-up. The goodwill for brand names is near worthless and store improvements are near worthless. This is a $20 valued stock being generous.
Posters here are basically self serving SOB's with little bearing on the morality of this country overall. I don't think America's ethics are worse than most countries by any stretch of the imagination. Some countries much worse, some better.
give back of 20M, Canada is finish and no likelihood of overseas sales, forced dialogue on how short a period customers use the product and its implications, discussions on when will they raise money. It will be a very tough call. Analysts need to not appear to be missing the cash-flow implications of disappointing sales and the companies prospects going forward
The reality will be in writing in about 2+ weeks now. Fun times
Actually the amount of longs pumper lies is today the worst ever.
RSH has weeks to go. No way a reverse split can be accomplished. Need a vote of shareholders to do so. Do you realize every day you wake up could be the day the Co went under while you sleeping? It is that reality here now
See only a idiot would say the tax rate is high but doesn't realize Corporate tax collections as a percentage of total tax revenues is down about 80% since the 1950's.. The effective rate of corporate taxes put s the US at about #23 in the world, not number 1. Yes 30,000 lobbyists get exemption,s credits deductions that end up with little corporate taxes paid compared to individual taxes. We need a VAT like Europe and cut this crazy system of favoritism to the paying lobbyists.
What the longs refuse to acknowledge is the pittance of revenue ARNA is receiving means the stock will get diluted and your shares will probably be worth 30% less ,if they wait too long to do it. In 8 weeks we will see poor sales increases coupled with larger losses for Eiasi and rumblings of Eiasi ending the relationship. Just watch. I have been correct here for about 2/12 years
very true indeed. Admitting you are a failure takes courage ARNA longs don't have. They would rather lose 50% more from here and claim others
So up 50 Rx's in 6 weeks is script growth? It is a going out of business sale promotion as costs are killing the partner financially. The last push before pulling the plug. Remember the last 200 salesmen are only on board for 6 months
This year no foreign approvals ,spending money like a drunken sailor, have to give 20M back to Eiasi. PS management sells lots of shares to bag holders. LOL