Replies to post #9522 on Arena Pharmaceuticals, Inc. (ARNA)

[Jimmy777]

Thanks!

I didn't know shorts had a time frame to cover nor did I realize the EOM timing may have others jumping in on July 2nd (a Monday) for the new quarter.

[Crazyjake27]

I hope you are right; I agree. I think we will do very well. I don't think we hit $20.00 on friday. I think we might hit between 11.00 and 12.50 a share. But of course this is my opinion. We were upgraded to $20.00 a share from $9.

STOCK COMMENTS / EPS CHANGES

Arena Pharmaceuticals (ARNA_) numbers increased at BMO. ARNA estimates were raised through 2013, BMO Capital said. Company received better labeling in its FDA approval. Market Perform rating and new $12 price target.
Arena Pharmaceuticals target raised at Jefferies. Shares of ARNA now seen reaching $20, Jefferies said. FDA approves Lorcaserin. Buy rating.

http://www.thestreet.com/story/11600368/1/analysts-actions-brcm-f-qcom-rvbd-mhp.html?cm_ven=GOOGLEN