InvestorsHub Logo
Post# of 252499
Next 10
Followers 36
Posts 2600
Boards Moderated 0
Alias Born 03/23/2010

Re: DewDiligence post# 134254

Tuesday, 01/03/2012 8:00:04 PM

Tuesday, January 03, 2012 8:00:04 PM

Post# of 252499

Whether this makes ARNA a compelling buy at an enterprise value of roughly $300M is unclear. My cursory answer is no, but I’d be somewhat more inclined to take a flier after today’s news than I would have been previously, even after accounting for the double-digit price gain in the AH session.



I think ARNA is a great trading vehicle, but as long as Jack Lief is running the ship I will never again invest another dollar of my money in this one. I hope the FDA tells them to shut up and actually run the 12 month rat study like they asked for.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.