Seems another dilution will be happening within 3 mos. LifeSci Capital LLC who was paid by arna to give a "coverage report" dated Aug 1 states that they "expect to receive or intendsto seek compensation for investment banking services from the subject company in the next three months"
HAWWWW Phase 2 PAH from small trial with 32.5% drop-out rate was too weak so on Tues Aug 29 in Spain they are paying to present 5 minutes of pre-clinical rat data that's over a decade old BWAHHHHHHHH
Interesting Pumpers provide no info on London Meeting and ignore Fact that ARNA wasn't at Wells Fargo 1 on 1 in San Fran Aug 3, Bio International in San Diego June
Very interesting that arna approved and paid for a Aug 1st Report from LifeSci Capital and has a investment banking relationship with them since LifeSci Capital expects to get compensated for investment banking services within 3 months. More Interesting is that they specialize in " public stock offerings, convertible securities offerings, PIPEs and registered direct offerings, and private placements of equity and debt securities." Which will it be? Arna did say they're authorized to have 80M shares..Hmmm
Friends, On Monday 8/21/2017 Deerfield Settled Major SEC charges. Very disconcerting that they're back. 64% of trades on Monday shorted arna.
Sell off due to zero interest in this equity or it's ancient delayed pipe or it's only approved drug- the failed diet aid bel.
LifeSciCapital: We structure, market, and execute a range of financial transactions in the public and private markets, including public stock offerings, convertible securities offerings, PIPEs and registered direct offerings, and private placements of equity and debt securities. BWAHAHAHAHA
Selling going on. All indicators say it makes no sense to go long with this 20 year old heavily diluted POS. It's barely being propped up by a gang of five banksters. When they drop their support and change their algos look out below. Outside of upsidedown arna cultist's who seem married to this til it's inevitable end it makes no sense why anyone would go long based on a tiny, delayed, underfunded, pipe that's years and years away from FDA submission and thats for supersaturated markets.
Dead Cat Bounce. Don't Let Pumpers Who've Been Lying and Misleading for Over 5 Years Cost You Money. Don't Buy Junk. This is Junk.
PPS Falling Means No Sellers...LOL to Longtard Arnatards
Don't buy this trash.
In the crazy mixed up world of desperate underwater longtards and criminal pumpers down is up, red is green and pps falling means no sellers..LMAO
Looks Like Low Volume PPS Manipulation To Trick You To Buy. The 5 Bookrunners playing share ping pong. Wall street sees 77% revenue decline 3Q YoY. Arna has just 1 drug, poor selling diet pill getting obliterated by competition.No reason to buy. Anything you buy can and will be used against you. Trapped diluted underwater longs can't regain losses. Dyodd
Short volume percent for $ARNA was 64% on 08-21-17 versus 71.6% on 08-18-17
OMG! now what?
Super low volume ahead of lunch time. The 5 bank Underwriters playing share ping pong to fool you out of your money!. Don't fall for bankster tricks! No reason to buy. Anything you buy can and will be used against you. Desperate Trapped Diluted Underwater longs will never get their money back. Dyodd!
Low volume, 30% of avg, shows pps all about strong ETF's and nothing to do with arna.
Here come the pumpers...LoL
While Pumpers pull numbers out of thin air and pretend they know more than the experts NASDAQ reports Current institutional ownership at 46.53%. Lower now than when only drug approved. Bad News Indeed.
Smart Money Bailing from long held positions. State Board Of Administration Of Florida Retirement System Sells Out Final Shares in Position Held Since 2005, Susquehanna International Group, LLP Ends Position Held Since 2008 by dumping final shares 2Q17, RBC Sells Out last shares of Position Held Since 2009 2Q17, Principal Financial Group, UBS Asset Management Americas Inc and Nuveen Sell Out last shares in Positions They've Had Since 2012. Invesco dumps final shares in position held since 2013