Replies to post #18385 on Arena Pharmaceuticals, Inc. (ARNA)

[Crazyjake27]

I DON'T SEE THAT. Good luck on that. If bye chance investors are idiots and sells that low I will buy more. Any thing is possible. I hope I see $15 before $6. I hope the shorts get freaking hammered.


Long

[centurycom]

The bottom seems to be about....

7.90 to 8. After all of this time and all that has happened in the past and also considering the hurdles we have overcome I don't think we will see seven again unless initial sales figures match those of Vivus.(which I don't think will happen)But, you are right there are forces that would like to bring the price down whether they be new institutional investors, or shorts covering. I don't see how Jack could keep current institutional investors happy if he made any backroom deals to bring the price to the 7 level at this upcoming Investment Banker Conf. I guess we shall see.