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Thursday, June 28, 2012 6:56:27 PM
scroll to bottom of article to read reader comments ARNA
http://seekingalpha.com/article/690771-which-weight-loss-drug-manufacturer-should-you-buy?source=yahoo
STOCKMANS ******ARNA UPDATE********
BUY....BUY....BUY....B...
The shorts and the options on ARNA will run out tomorrow and unfortunately the only way the shorts can survive tomorrows calls is to go from short to long and hope to recover some of their losses when ARNA spiked up after receiving FDA approval. This means that approximately 25% of the ARNA stock that is currently held in hedge funds and previously shorted will now be bought up for the long position. Hey thats what capitalism is about....making profits!!
We may see ARNA jump up as high as $20 per share by tomorrows closing bell. ARNA is a fantastic buy at under $10 per share. Now that the smoke has cleared and ARNA wins the blue ribbon for the first obesity drug FDA approval in a decade. 28 Jun, 03:54 PM
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