Actually, they just initiated Phase I clinical trials for APD334.
So much for the 1-trick pony argument...
From the Federal Register (12/19/2012 filing), the DEA POC is:
John W. Partridge, Executive Assistant, Office of Diversion Control, Drug Enforcement Administration; Mailing Address: 8701 Morrissette Drive, Springfield, Virginia 22152. Telephone: (202) 307-7165.
Be polite, be respectful, and be persistent.
Yet another failing of our government who promised to create jobs.
Another missed deadline by the DEA? Wile I hope you are correct in your prediction, I see nothing special that would make the DEA actually do something, instead of missing yet another deadline. I'm getting too cynical about our government - they are too big and too ineffective.
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.
I don't agree at all. Scripture even describes the parable Jesus told in the book of Matthew, where a master gave his servants gold coins (Talents). The two that invested, he was pleased wi, but the other who buried them so he wouldn't lose his principal, he berated.
The Parable of the Bags of Gold
14 “Again, it will be like a man going on a journey, who called his servants and entrusted his wealth to them. 15 To one he gave five bags of gold, to another two bags, and to another one bag,[a] each according to his ability. Then he went on his journey. 16 The man who had received five bags of gold went at once and put his money to work and gained five bags more. 17 So also, the one with two bags of gold gained two more. 18 But the man who had received one bag went off, dug a hole in the ground and hid his master’s money.
19 “After a long time the master of those servants returned and settled accounts with them. 20 The man who had received five bags of gold brought the other five. ‘Master,’ he said, ‘you entrusted me with five bags of gold. See, I have gained five more.’
21 “His master replied, ‘Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master’s happiness!’
22 “The man with two bags of gold also came. ‘Master,’ he said, ‘you entrusted me with two bags of gold; see, I have gained two more.’
23 “His master replied, ‘Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master’s happiness!’
24 “Then the man who had received one bag of gold came. ‘Master,’ he said, ‘I knew that you are a hard man, harvesting where you have not sown and gathering where you have not scattered seed. 25 So I was afraid and went out and hid your gold in the ground. See, here is what belongs to you.’
26 “His master replied, ‘You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? 27 Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest.
28 “‘So take the bag of gold from him and give it to the one who has ten bags. 29 For whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them. 30 And throw that worthless servant outside, into the darkness, where there will be weeping and gnashing of teeth.’
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.
I hope you are right. It does concern me though that so many are short. That is a LOT of money short. Hopefully will be the mother of all short squeezes. The big short position on VVUS worked for them. I don't see ARNA as pumped up & overbought the way that VVUS was though. So there isn't the same downside potential that VVUS had when it was up at $30/share.
If ARNA pops to $15-$30 range, then clearly they are fools, but until the pop, I can't knock them.
There is no Riceen. That is just a bad joke. Like Seeking Alpha trying to pretend to be a "news source". Grow up. Nobody is buying it.
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.
Actually, your statement is only true for us retail investors. Hedge funds get credit for the cash right then. Yes, they do also have an IOU (for lack of a better term; it really is a debit note) but they get the cash. Sucks how the entire market is wired against us retail investors.
Watch for the DEA confirmation at the same time as the FDA relaxes the restriction on VVUS/Qsymia.
Just to prove how corrupt Obama's government is, in case there was any doubt.
But I have to. It is like watching a car wreck.
It's gruesome, but I still have to see it.
Typically because there was a URL (web address) in it, or something that Yahoo's automatic filters thought was a URL.
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.
Ignore them. Two or three shorts with multiple IDs to make it look like more than it is.
You got a thumbs up from me.
Yes. It means that date is guaranteed. I read about it on the Internet. I believe everyone I read on the Internet.