Seeking Alpha

Seeking Truth1956's  Instablog

Seeking Truth1956
Send Message
Bio Investor
  • My Tribute To Whores - THE TRUTH 8 comments
    Aug 11, 2012 2:13 PM | about stocks: ARNA

    I got to thinking this week what makes short traders, hedge funds, media reporters and analysts different from whores.

    According to the dictionary a whore is:

    A person considered as having compromised principles for personal gain.

    Huh? I think I figured it out. Each of those I called out by definition is a whore!

    Now some of you make take this as an attack on freedom of speech and all is good in the world of capitalism. Well I think these people are a bunch of whores.

    Let me be more direct with examples. How do you explain the Strret.com posting a week end article claiming Arena Pharmaceuticals was the "lead laggard" on the Nasdaq for 5 weeks running? It wouldn't be so bad but they incriminate themselves by identifying 4 or five stocks that had lost 10 times or more what Arena has. Could they be that stupid or perhaps they are just a bunch of whores.

    During the recent Arena Earnings call results indicated a clear path to the future of their new drug, Belviq. Financial institutions were represented by "substitute analysts" which were more indicative of college interns that had no idea about Arena or it's recently approved drug. Jack Lief did a stellar job in not answering ridiculous questions aimed at giving corporate secrets away. As he turned one aside the next analyst asked the same thing. That is except for the one returning analyst from Jefferies, Thomas Wie. Tom is my favorite because it is hard for me to believe he actually remembers the number to call for the conference. His shtick is always the same. "I'm confused..., could you repeat that, I don't understand". Tom if you are the biotech analyst for Jefferies can you please try to understand something about biotech? These whores are sent for one purpose only and that is to distract from the truth.

    Have a look at your friendly message boards. Filled with the aliases of names that are right in line with whores. I won't list them separately but just go to the Arena message board on Yahoo to see what I mean.

    Hedge funds work directly with market makers to sell shares in 100 share lots and save them up for the institutions to buy at prices that are insanely low. In effect to steal the shares of scared longs. By definition they are a bunch of whores.

    So I think you can see why I love my dictionary. It brings clarity to me on cloudy days.

    Disclosure: I am long ARNA.

    Stocks: ARNA
Back To Seeking Truth1956's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (8)
Track new comments
  • topperg
    , contributor
    Comments (218) | Send Message
     
    thanks ARNA is a huge buyout/merger target,Longs that have done their DD,are just relaxing until the deal is done. $50--$60? higher? lower? Doesnt matter,its coming and the 40 million SHORTS are screwed..so take it down to $1....we dont care....we wait,,and get rich sooner or later.
    11 Aug 2012, 02:57 PM Reply Like
  • Novel 1
    , contributor
    Comments (35) | Send Message
     
    100% right, my 40k shares of Arena are on vacation and waiting for

     

    EU approval
    DEA sheduling
    Sales!!

     

    All coming soon to you and will drive this stock up!

     

    Novel 1
    11 Aug 2012, 03:46 PM Reply Like
  • FDA_Insider
    , contributor
    Comments (23) | Send Message
     
    you are absolutely correct. the thing that trouble me the most is that these hedge funds are the people who manage our 401K and we put money in there for them to manage.....and they are doing this sort of things....with SEC fully aware but does nothing....

     

    what does the SEC do anyway?
    11 Aug 2012, 03:03 PM Reply Like
  • Foreverlong07
    , contributor
    Comments (77) | Send Message
     
    Not much!
    11 Aug 2012, 06:44 PM Reply Like
  • reality trader
    , contributor
    Comments (203) | Send Message
     
    How can you ignore the fact that Belviq is useless without a meal plan and excersise. How does a doctor prescribe that? How many obese people do you think are going to follow that, and even then the estimates are weak and Belviq is useless without the two.
    There will be no buyout unless Jenny Craig steps up.

     

    The EU state run, penny pinching, non political healthcare systems will laugh at Belviq and it's requirements.

     

    Also, expect typical class 4 DEA restrictions to be put in place.

     

    This drug has nothing but problems in the future and the the people who run ARNA are illequipt to change things.

     

    There is a reason why ARNA is down around 50% since approval and short sellers, bashers atc. are not the reason, Belviq is.
    11 Aug 2012, 04:00 PM Reply Like
  • Seeking Truth1956
    , contributor
    Comments (49) | Send Message
     
    Author’s reply » And who called the first name IDIOT. Now go do your axercise.
    12 Aug 2012, 02:45 PM Reply Like
  • reality trader
    , contributor
    Comments (203) | Send Message
     
    I think that the stock price history since approval says everything. The only people who believe the bs pumps you guys write are you.
    The truth about this worthless drug and company plays out every day in a decrease in pps and will continue to.
    I have been shorting this pos since $11.87.

     

    WHO HERE IS REALLY THE IDIOT?
    12 Aug 2012, 03:51 PM Reply Like
  • Seeking Truth1956
    , contributor
    Comments (49) | Send Message
     
    Author’s reply » Hey Reality you cover yet?
    22 Aug 2012, 10:33 PM Reply Like
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.