Meaning, I find that to be an OK outcome given the debacle that was that CC. I'm just happy to still be above $7/share. And by "I'll take" I don't mean to imply I'm selling, I'm not, I just find $7.63/share a pretty decent situation all things considered.
Don't let it be sacrilegious, but a little good natured fun:
Our Father who art in heaven, hallowed be thy weight-loss drug,
Thy DEA classification come, the weight loss will be done,
On earth they will look like heaven!
Give us this day, our daily dose,
And give us our profits,
As we forgive those who shorted against us,
And lead us not into the temptation to sell,
But deliver us from Hedge Funds.
$15 could happen, but $12-$13 is more reasonable. You can never underestimate the power of the short squeeze though.
Now that VVUS got REMS relaxed, watch the DEA final classification come through. VVUS only paid them off to delay Belviq until they got REMS relaxed, so now watch Belviq proceed forward.
Watch for the corruption of Obama's government to become blatantly obvious as the DEA final classification, allowing Belviq to go on sale, will be strangely coincidental wih the FDA relaxing some of the restrictions on Vivus' Qsymia.
See the corruption of Obama's government exposed.
Watch it. Understand it. Learn from it.
Corruption is as corruption does.
Yet we have no products on the market, and can't get past the DEA. I still smell a rat there, but nothing we can do about it. As soon as Belviq is launched, it will be an unbelievable short squeeze. If sales take off quickly, it will be a complete blood-letting for shorts.
Three possibilities come to mind:
1) We have received final DEA classification, sales start tomorrow;
2) We have received a favorable EMA CHMP ruling;
3) we have been offered a tender buyout.
God help shorts if all 3 come to pass ...
The EU debacle is a concrete proof point at ARNA management's inability to navigate the regulatory process and new management is needed. This is part and parcel with being a CEO. When the company takes a dive and has a major misstep, the CEO needs to go.
Are you an average person with average intelligence and average looks?
Few people think of themselves as average, and therefore won't be falling into the average category.
If you were serious about weight loss, I mean really serious, then you would uncover the hidden truth that Belviq works better than Qsymia WHEN the patient also has a good diet and regular exercise. Not a crazy diet mind you, just a healthy one that includes a serving of fruit and vegetables with each meal. Not a crazy workout either. Just 30 minutes of exercise in the target heart range daily. When patients do that, the weight loss of Belviq eclipses that of Qsymia and you get it without the substantial side effects and risks of Qsymia.
I will concede that for patients who are unwilling to do anything else but take a pill, Qsymia works better. But for patients who are looking to supplement their diet & exercise with the med, Belviq wins. Dig into the clinical trials data and you will find the data for yourself, but you have to go beyond the headline numbers.
What is REALLY important is that Obama's government uses all leverage at their means to get their way. They will use sequestration as the excuse to slow down FDA Approvals, slow down ATC, stop White House Tours (that are run by volunteers & don't use any government money) and use anything else they can to pretend it is a crisis, in order to get their way on the budget.
Their scorched earth policies have worked so far as they have increased the government to a size never seen before in the history of the world. The Democrats have a death grip on the USA and are routinely abusing that power to silence anybody who doesn't think like they do through IRS audits, press investigations, and anything else they can to get their way.
Muslim extremists, Communists, Socialists, and Nazis around the world are watching in admiration of Obama's no-holds-barred approach to the elimination of democracy and freedom.
All Americans must UNITE or we will fall.
It wasn't Democrats or Republicans that were attacked on 9/11, it was AMERICANS.
It wasn't Republicans who went to war in Afghanistan and Iraq, it was AMERICANS.
Yes we need to hold our government accountable, but we must do so in a united manner. I don't want corrupt officials in my government - regardless of what party they are affiliated with.
Lastly, I don't like Obama or his policies, but he IS our fairly elected official, so I owe him my allegiance and support until such time we can get someone better in office. He is MY President, for better or worse.
We have to stop the bitter party bickering.Bush wasn't a President for Republicans, he was for ALL Americans (both parties fully supported the war in Afghanistan and Iraq and the Congressional record votes reflect it). Obama isn't a President for Democrats, he is for ALL Americans.
We must UNITE or we will fall.
Another day/week/month slips by the DEA and no final classification yet.
So while you can buy drugs almost anywhere in the country, even in our schools, those that are trying to work within the system and do things by the book, are blocked.
Obama's obese, fat, bloated government at its finest.
Delays with no action, no update, no accountability. Not even a flimsy excuse from the DEA. The sheer arrogance of not even pretending to try is appalling.
Obama's obese, fat, bloated, overweight government at its finest.
Based on the news release today, VVUS scripts shipped in March rise to 24K .
Let's do the math. Based on 78M obese populationin the USA, 1% of that would be 780K, and 1/10th of 1% is 78K, and the shipped 24K is 1/3 of that.
So, based on the total available market, this makes it about 0.03% marketshare.
At $130 per month per script, (and dropping), 24K scripts that equals $37M/year. That means VVUS is still bleeding red and losing money. ARNA will get DOUBLE that the day the DEA gets off their corrupt, fat, obese rear ends and complete final classification of Belviq. And this is for a drug that is arguably less effective but safer.
My point is, that while 24K scripts is a nice increase over February numbers, it is still only $37M/year and that is far from anything that will help the company get out of the red. VVUS shareholders should be demanding more. A whole lot more.
It would be fitting if the EU got their disorganized act together before ARNA could get through the US corruption known as e FDA/DEA.