Replies to post #4444 on Arena Pharmaceuticals, Inc. (ARNA)

[5cap]

nonsense, they are trying to raise money so they aren't going to sell shares at $3 if they could get more. When the smoke clears you'll see a placement at something like $7 or $8.

[BIDWACKIE]

Sounds like IF they need to and not that they did. I could be wrong though.

<SAN DIEGO, May 15, 2012 /PRNewswire/ -- Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering>

[gixxer11]

Your numbers and knowledge mean absolute squat to me !!

GLTY