ARNA - Anyone Making Money, or Any Shorts Getting Ripped - Page 3

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

          
   
  1. #21
    Arthur is offline Banned
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    Sold 12.87 today. A little under 100% for me, was in at 6.51 exactly.

  2. #22
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    congrats guys!! looks like some of you guys took some decent gains. crazy spike to the 13s happened so quick!
    Kunal Desai
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  3. #23
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    Was up 200 dollars pre-halt, then -800 after halt. Today back to being down -200, which I'll take. I'm riding it down, pretty much every green candle, short, and cover into day's lows.

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  5. #24
    Arthur is offline Banned
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    Anyone with a broker that has shorts available? Mine doesn't have any. Also, it would seem that all the people who do have shorts have them under 11 so I'd be curious to see how the price action will go once people start covering.

  6. #25
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    My Broker SureTrader has had shorts every single day. InteractiveBroker, SpeedTrader also have shorts.

  7. #26
    Arthur is offline Banned
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    I'm still trading ARNA almost daily now. If you pay attention to VVUS, HZNP and AMRN (other pharmaceutical companies on the approval list for July) you'll find that they are highly correlated so ultimately you can actively trade more than one if they line up right. VVUS approval is next week I believe and AMRN/HZNP is later but also in July.
    [email protected] likes this.

  8. #27
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    I pretty much short it on any big move, and it's been working nice. I trade it it on Friday, it was pretty lovely. Nailed the top, and took a nice 40cent, could had gotten a dollar, but oh well.


  9. #28
    Arthur is offline Banned
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    I would be more than content with the 40 cent play! Problem with these pharmaceutical stocks is that they are traded like 95% based on emotion and 5% analysis so I messed up quite a bit when I first started trading these using only technical analysis.

  10. #29
    Arthur is offline Banned
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    Holy hell what a day with pharmaceuticals today! $ARNA in the morning, recovery of $AMRN in the afternoon, loving this!

  11. #30
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    Seems like an easy trade, I got summer classes, so not trades for me for another 3 weeks.

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