Arena Pharmaceuticals, Inc. (ARNA)

[gophilipgo]

That statement was across ALL biotechs; not just ARNA. Have you checked his predictions for every biotech he made a prediction about in the past year? If not, it's not very fair to say that "he's wrong more than he's right".

I'm well aware of his history here. But he was right the first time ARNA got shot down by the FDA a few years ago. So this isn't the only time he's been right on ARNA. And it remains to be seen if he's wrong on Belviq sales.

He's right plenty, and it isn't because of luck. He was correct on SRPT, VRTX, and KERX having positive trials. He was also correct on AVEO, CLSN, and DCTH having bad news. Those are off the top of my head, but there are plenty more.