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Arena Pharmaceuticals, Inc. (ARNA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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25.11+0.18 (+0.72%)
At close: 4:00PM EDT

25.11 -0.00 (-0.01%)
After hours: 4:11PM EDT

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  • k
    kingcat
    kingcat
    From their recent 10-Q Company filing regarding Lawsuits:-
    A panel of the Ninth Circuit heard oral argument on the appeal on May 4, 2016. On October 26, 2016, the Ninth Circuit panel reversed the District Court’s dismissal of the second consolidated amended complaint and remanded the case back to the District Court for further proceedings. On January 25, 2017, the District Court permitted us to submit a renewed motion to dismiss the second consolidated amended complaint. On February 2, 2017, we filed the renewed motion to dismiss. On February 23, 2017, the lead plaintiff filed his opposition, and on March 2, 2017, we filed our reply. On April 28, 2017, the District Court denied our renewed motion to dismiss. Due to the stage of these proceedings, we are not able to predict or reasonably estimate the ultimate outcome or POSSIBLE LOSES relating to these claims.
  • R
    Reza
    Reza
    Friends, pps propped up thru accounting smoke and mirrors and the 6 IB's that were paid for their services. On Monday Sept 18 55.4% of trades shorted arna. On Tuesday Sept 19 45% of trades went short. This house of cards will come crashing down.
  • D
    Dan
    Dan
    Follow the Big Money
    Research and development expenses totaled $17.9 million. General and administrative expenses totaled $7.2 million. Net loss was $23.6 million or $0.77 per share.
    Not A $24 per share company lMO
    And a wopping lost 83% of instituional investment
  • D
    Dan
    Dan
    ARNA just stole 22% of anyone holding the stock by diluting. Just posted a $23.6 million loss and had a 83% drop in financial investment leave.... Are there any clues here? Hummm
  • L
    Lee
    Lee
    If you are looking for novel therapies meeting untreated patient populations you are looking in the WRONG place. This company is 100% about using old technology to apply it to broad market populations.
  • D
    Dan
    Dan
    A diet drug? Rat Cancer? Yes please buy all you can before they sell out on the shelves.
  • D
    Dan
    Dan
    More manipulation to keep investors believing but anyone holding this stock for 2 years has it at $20.60 or lower. So this is the best get out point they have No investor will risk this gain sending it lower
  • A
    Avi Goldmann
    Avi Goldmann
    Record low volume. No excitement about this pos. PPS not tied to weak company or it's old science behind eight ball delayed pipe.
  • k
    kingcat
    kingcat
    People forget the Class Action Lawsuit is not yet over. The 9th Circuit court decision is due anyday now. The settlement will be in the $$ Millions + Legal costs. Now it makes sense as to why they raised all that cash and also why this is trading higher for funds to get out before the news and PPS crash!
  • F
    FoilHatGuy
    FoilHatGuy
    I have been shorting this for over a week, Once I recieved the report that they lost 83% of instituional investment. Should fall in a few weeks for sure. at $22 I will be up $26,000 I am patient and will keep shorting
  • k
    kingcat
    kingcat
    It's almost funny to watch how these guys are so desperately trying to keep this in the 24's by playing with the bid/ask to offload more shares to naive mom & pops. The day for reckoning is soon to come when the facts take this to it's appropriate valuation (which is definitely not the $1B currently!)
  • J
    Jack
    Jack
    ARNA just needs to add 42.7 million more shares to reach their 6/16/17 authorized share number. Will happen sooner not later.
  • T
    Trader
    Trader
    Inst Ownership Down Huge over past 3 years. Insiders own just 0.26%....No belief in co or it's products
  • k
    kingcat
    kingcat
    Not sure about Dan - but we will be shorting this to the teens first thing tomorrow morning. Just can't pass this chance up when everyone knows what a scam this company and it's management are.
  • Q
    Q
    Q
    Just one small August 2017 filing of ARNA Defense Lawyers in Class Action Lawsuit cost arna shareholders $37,403.50..LOL 3752 words 1 Partner 2 associates 1 paralegal.
  • T
    Thomas
    Thomas
    Fake pps. Nothing here worth it.
  • D
    Dan
    Dan
    How many more Rats will have to die?
  • D
    Dan
    Dan
    Just think about the small investor getting placed into this by his broker. The broker gets paid. What a terrible thing to do to someone. If they could see the manipulation and had all the facts the broker might grow a conscience
  • Q
    Q
    Q
    No earnings, no profits in 20 years, only losses, dilutions as money source and this high of a pps? Something is rotten here.
  • P
    Peter
    Peter
    In Memoriam
    To the poor lost souls who fell for the scam at $130, $100, $90, $80, $70, $60, $50, $40, $30, $29, $28, $27, $27.
    Then duped again with repeated dilutions.