Thread: ARNA - Anyone Making Money, or Any Shorts Getting Ripped

It will be a world of chaos when it gets approved, better be on top of your game this week gentlemen. I don't know if I will have the balls to keep it till then, I might dump out 3/4 on Monday. I've had it since 6.50 so I'm already making a decent buck, don't want to risk it all.

Originally Posted by kunal00@bullsonws

this was a 2 dollar stock just a few months ago. fda approval is most likewly priced in. what is your upside after it has moved 500% for the fda approval.

be careful! its always easier to trade leading up to the news then the actual news

True, I'm really hoping for a rebound to 11.xx. If it hits there before the 27th I'm out. This week is going to look cloudy sure as hell.

I pulled some stupid moves on Harvest Natural. Didn't hold out long enough and lost out on quiet the gain. I thought it was simply too good to be true.

I'm paying fees to keep my shorts overnihgt, I don't want to wake up and not be able to short, and they raid it one more time and we go to the 4's.

I'm holding onto my shares until at least the fall. That's when the European equivalent of the FDA will either approve or disapprove of their medicine.

Originally Posted by Abrown07g

I'm holding onto my shares until at least the fall. That's when the European equivalent of the FDA will either approve or disapprove of their medicine.

Why not just play two separate trades? Lock in profit on this deal, short the digestion and then go long again for the European model.

Wednesday is coming up, apparently that's the decision day from FDA.

Originally Posted by 123456

Wednesday is coming up, apparently that's the decision day from FDA.

It is.

Approved!

Whew is the OP still in on this one? That is one hell of a one day gain... It seems like it will give some back in the short term, but do you think it will be headed back into stock oblivion? Just curious what others thoughts are.

Ryan

I'm long on this share now. Belviq is a revolutionary drug, and I believe a buy out is very possible. Also this stock is rising and will be going for a few days. There were 45 million shorts that now need to be covered.