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Re: girlfriend post# 7156

Sunday, 06/24/2012 8:59:29 AM

Sunday, June 24, 2012 8:59:29 AM

Post# of 22684
Girlfriend....I personally think you are right on the money. I have friends that are pharmaceutical reps working for some major drug companies. Their stock prices range from the 30's and upwards. They rep major meds (pain killers, BP meds, viagra and cialis and others). All these products have name recognition with doctors who prescribe them. It takes time and money to get this recognition. I would also guess that if approval comes, the street will probably take this to maybe 16-22 dollars. However the income statement and balance sheet will probably reflect loses which will probably take this back down to maybe 12-15 per share. Now in six months (2 quarters) with sales being almost guaranteed with some good reps in the field, we will see 30-maybe 50 by the end of the year. This is just a guess on my part and I am long ARNA so I hope this happens but I think 50-100 is a long way off. It would be nice but I dont think so. GLTYA
bigfoot