Seeking Alpha

Shares of Arena Pharmaceuticals (ARNA -1.4%) are halted pending news that U.S. regulators have...

Shares of Arena Pharmaceuticals (ARNA -1.4%) are halted pending news that U.S. regulators have approved its weight-loss drug Belviq - formerly known as lorcaserin. The announcement is expected but notable nonetheless, due to the fact that it will be the first new prescription diet pill to be cleared for sale in the U.S. in over 13 years.
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Comments (12)
  • jknow132
    , contributor
    Comments (7) | Send Message
    Arena has been approved
    27 Jun 2012, 01:18 PM Reply Like
  • frankie03
    , contributor
    Comments (4) | Send Message
    27 Jun 2012, 01:21 PM Reply Like
  • kingsmill
    , contributor
    Comments (156) | Send Message
    and has not yet opened for trading---yet
    27 Jun 2012, 01:26 PM Reply Like
  • gostockyourself
    , contributor
    Comments (101) | Send Message
    lost my ass on that bear raid. maybe i can make it back :-p
    27 Jun 2012, 01:43 PM Reply Like
  • bmpatel2541
    , contributor
    Comment (1) | Send Message
    definately u will ... should hit 12 today
    27 Jun 2012, 01:57 PM Reply Like
  • Ryancb88
    , contributor
    Comment (1) | Send Message
    Thank you JESUS!!!!!!!!!!!!!!!!!!!!
    27 Jun 2012, 01:52 PM Reply Like
  • london1
    , contributor
    Comments (5) | Send Message
    When does trading resume....I want to sell and go over to vivus!!
    27 Jun 2012, 01:53 PM Reply Like
  • 77074
    , contributor
    Comment (1) | Send Message
    What light would past examples give as to a "best guess" on how long trading will be stopped?
    27 Jun 2012, 01:54 PM Reply Like
  • gabe20770
    , contributor
    Comment (1) | Send Message
    NASDAQ says it will reopen at 1:45 and quotes should start again at 1:40
    27 Jun 2012, 01:55 PM Reply Like
  • amuhsin
    , contributor
    Comments (48) | Send Message
    I had this on my watch list and was looking for an entry point and then I got distracted, missed the boat :( Congrats to anyone who has been holding this one since it was in the 2s in only February! Yeesh!
    27 Jun 2012, 05:12 PM Reply Like
  • deercreekvols
    , contributor
    Comments (6939) | Send Message
    All of the authors who listed the reasons lorcaserin would not be approved should be required to write apology articles.


    This company took a beating down the stretch, and clearly it was not deserved.


    Bear raids, triggering of stop losses, "experts" on the inside who knew things, transcripts being released yesterday on the advisory panel meeting from last month, institutional buying millions of shares- just to name a few issues....


    How many reasons does the SEC need to investigate what the he'll was going on with Arena?
    27 Jun 2012, 09:23 PM Reply Like
  • tickertaper
    , contributor
    Comments (2) | Send Message
    You are SO right Deercreek!!! Too many people fell for their traps & panic-sold, leaving their shares to be vacuumed up by the very same vultures who forced the price down. Fortunately I smelled the stink ahead of time & held out. Congrats to all who believed, listened to common sense & stood by their convictions.


    To all the greedy stock bashing manipulators out there, this time you were wrong, very very wrong.. Not sll of us were naive enough to buy up your lies. Enjoy that dinner, eating your own words:-)
    28 Jun 2012, 02:27 AM Reply Like
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