Replies to post #7156 on Arena Pharmaceuticals, Inc. (ARNA)

[The_Bull]

Everyone dreams dont you !

If you check out the Michael Murphy video, he is a professional walking you thru the way a share price is determined. he uses his reasoning as to what the PPS would be IF, Lorcaserine is approved. He also uses a conservative price model.....check it out.

And to the question about volume did you see the volume Friday, on Aproval if we have enough time, it will surpass 100M

[Bigfoot13]

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

[Crazyjake27]

YOu never know. WE will just half to see. I have been watching stocks like this There has been companies go from 2.33 to $59.00 on the potential alone. I have found out that is how the street works> if you wait until they are making money you will be to late.

I predict we can go to $25 on approval then a pull back to $20 Then we move to $52 by year end . THere is a couple major events coming up. July 17 is one of them. . In my opinion if this drug is approved it has the chance in a couple years to reach the $50 to $100 dollar mark. But that is my opinion and do not invest a single dollar until you do your own research.

Obesity is a serious problem all over the world. You can think all of the fast food chains for this and people being lazy and not wanting to work out or there is some people that can't help it so this drug can really help out. Of course we will find out if it is a Go or No GO this week hopefully. But i feel if it is approved there is no top for this. This is a Global problem(Obesity) People will want this and need this. this can even probably save some peoples lives.. Plus There will be alot of money wanting in this so you never know what the price will be.


Obesity is the Number one killer in the world. What do you thinks going to happen in the future more people and more obese people.


This is only my opinion and not a opinion to buy or sell. Please do your own DD before you invest..