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Replies to post #11640 on Arena Pharmaceuticals, Inc. (ARNA)

Replies to #11640 on Arena Pharmaceuticals, Inc. (ARNA)

KnowProphet

07/18/12 7:42 AM

#11641 RE: BIDWACKIE #11640

Buyout news is the only thing that will move it in the short term- EU approval in the longer term....

Just doesn't make sense.

clawmann

07/18/12 7:46 AM

#11643 RE: BIDWACKIE #11640

Because the institutional short interest is way too high. The MM"s have an incentive to defuse a short squeeze. ARNA will only be allowed to creep up over time, not shoot up (unless there is a buyout offer, and then all bets are off).