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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (3037)7/19/2010 11:07:39 AM
From: Jibacoa  Respond to of 3722
 
ARNA opened with a small UG and was up 12.93% at its H at 938am.<g>
It is still up 7.51% at present.
Volume is already above its ADV

bigcharts.marketwatch.com

The stock needs to close above its July 15 H of $5.72

bigcharts.marketwatch.com

ARNA is still benefiting from the fact that an FDA panel refused to recommend the approve of VVUS' Qnexa because of safety concerns.<g>

ARNA's lorcaserin which is also up for FDA approval, supposedly has a more favorable safety profile than Qnexa

The ACTAY is $5.86
ARNA has been trimming its losses in the last 4Qs.
I will keep a TT at $10 pending further developments <g>

bigcharts.marketwatch.com

Bernard