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To: Jibacoa who wrote (2591)6/23/2010 12:42:33 PM
From: Jibacoa1 Recommendation  Read Replies (1) | Respond to of 3722
 
ARNA is bouncing up from the support at the $3 level in spite of the general market doldrums.<g>

bigcharts.marketwatch.com

The stock is up 12.05% with volume of > 5.5M which is >3.2x its ADV

No "news" that I am aware to account for the activity.<g>

ARNA has been trimming its losses.
The EL for 2010 & 2011 are around $1.10 & $0.60 vs. $1.75 in 2009

As mentioned, the ACTAY is $6.02
That would be almost a double from present levels.<g>

bigcharts.marketwatch.com

Bernard