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Arena Pharma (ARNA +4.1%) adds to sharp gains from yesterday as LifeSci Advisors publishes an...
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Wednesday, August 15, 2012, 9:33 AM ETArena Pharma (ARNA +4.1%) adds to sharp gains from yesterday as LifeSci Advisors publishes an upbeat note about the stock. LifeSci's main points include Arena possibly receiving a $1.2B one-time purchase price adjustment from its partner Eisai based on net sales of diet drug Belviq.
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The proposal, if true, makes no sense at all.
The games will be over soon, and the price will soar to new highs. I retire early and live happily ever after. Hint: use options for leverage.