ArQule, Inc. (ARQL) Message Board

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Biotech / Medical : ArQule, Inc. (ARQL)

ARQL 20.00

0.0%

Jan 16 4:00 PM EST

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To: Arthur Radley who wrote (530)	4/11/2012 10:08:58 AM
From: tuck	Read Replies (1) of 545

Priced at $7.30. How much is timing, announcing this during one of the bigger one day selloffs of the year? Whatever, 'tis bouncing this morning to $7.80. I expect further market weakness and an undercut of the offering price, back to the low $7s. But this remains a long term investment for my Mom's account, not a trader, so holding on the expectation that the cMet program is at least competitive and approvable, if not a market leading blockbuster. Cheers, Tuck

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