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The Street's Adam Feuerstein makes 13 biotech stock predictions for 2013, with his number one...

The Street's Adam Feuerstein makes 13 biotech stock predictions for 2013, with his number one being that the U.S. launch of Arena Pharmaceuticals' (ARNA) and Eisai's weight-loss pill Belviq "will be a major disappointment." Feuerstein also reckons that Belviq will fail to receive European approval.
Comments (17)
  • Joseph Dedvukaj
    , contributor
    Comments (447) | Send Message
     
    How was your prediction about FDA approval last year? Ya, right. You are the contrarian for this stock. Government agencies and investors do just the opposite. Your forward looking opinion on this stock is a placebo. We will find out about EU approval by next week in the CHMP 180 day assessment report and ultimate EU approval by the end of January, 2013. What is Arena's stock price when the EU approves Belviq? What is Arena's stock price when scripts are better than expected? Belviq US launch is in February, 2013. I would not want to be out of ARNA in 2013. Strong Buy!
    2 Jan 2013, 09:50 AM Reply Like
  • Ariel Aharonovich
    , contributor
    Comments (433) | Send Message
     
    Exactly!

     

    Here's a reminder to Adam Feuerstein's Biotech Stock Predictions for 2012:
    http://bit.ly/Umi97C

     

    And here's what he wrote in his prediction for ARNA (and VVUS for that matter): "FDA rejects obesity drugs from Arena Pharmaceuticals (ARNA_) and Vivus (VVUS_) for a second time. "

     

    He got it wrong then and he gets it wrong now.

     

    Follow your brain and heart, follow your own analysis.
    Don't follow peope who think that they understand biotech better than you simply because they received a pen and a paper to write about a sunject they don't know much about...
    2 Jan 2013, 10:00 AM Reply Like
  • eddlopez
    , contributor
    Comments (4) | Send Message
     
    Adam ,is churning the stop down , must be holding a boat load of shorts !
    2 Jan 2013, 09:58 AM Reply Like
  • Qnexerin
    , contributor
    Comments (67) | Send Message
     
    Is that the same guy that said the Philidelphia Eagles would win the Superbowl this year?
    2 Jan 2013, 10:05 AM Reply Like
  • Qnexerin
    , contributor
    Comments (67) | Send Message
     
    Who's Adam Feuerstein?
    2 Jan 2013, 10:11 AM Reply Like
  • Don509
    , contributor
    Comments (4) | Send Message
     
    He's no one of consequence
    2 Jan 2013, 11:13 AM Reply Like
  • busterpanda
    , contributor
    Comments (48) | Send Message
     
    Jim Cramer's b----.
    3 Jan 2013, 04:52 AM Reply Like
  • New Superhuman
    , contributor
    Comments (1182) | Send Message
     
    Hilarious. He wasn't humbled by his wrongful bashing before.

     

    What is his momentous declaration based on now? What research or data? Anything?
    2 Jan 2013, 10:26 AM Reply Like
  • gazoo99
    , contributor
    Comments (449) | Send Message
     
    One Word........

     

    "Adumb"

     

    Pretty much sums it up......
    2 Jan 2013, 10:55 AM Reply Like
  • layne816
    , contributor
    Comment (1) | Send Message
     
    I could not disagree more with Mr. F. and his continual negativity on Arena.... His opinion is an old story!! He was wrong in the beginning and he will be proven wrong again!!
    2 Jan 2013, 11:12 AM Reply Like
  • Ray Henson
    , contributor
    Comments (3) | Send Message
     
    Predictions made from 2012.

     

    http://bit.ly/Umi97C

     

    We will find out soon.
    2 Jan 2013, 01:00 PM Reply Like
  • Rochelle Lynn
    , contributor
    Comments (19) | Send Message
     
    It's unfortunate that anyone can say anything about a company without any facts to back it up. This guy has been negative regarding ARNA from the start and mostly wrong. My 2013 prediction regarding AF is he will lose his job due to stock manipulation and taking bribes and ARNA will get bought out by Johnson and Johnson. Hey, just a prediction.
    2 Jan 2013, 01:29 PM Reply Like
  • busterpanda
    , contributor
    Comments (48) | Send Message
     
    His SEC investigation will come as soon as they finish the one on the manipulation of DNDN bear raid, the conflict of interest of the FDA on their prior decisions on VVUS and ARNA, and naked short selling of same. In others words, never! They don't investigate or do anything about a flash crash of the stock market, No one went to prison for the almost collapse of the worlds financial system.
    3 Jan 2013, 05:40 AM Reply Like
  • Day Trader001
    , contributor
    Comments (675) | Send Message
     
    Feuerstein is a jerk-off! Who is he related to to keep his job???
    2 Jan 2013, 02:55 PM Reply Like
  • JAGARDE
    , contributor
    Comments (42) | Send Message
     
    Does SEEKING ALPHA pay this GENTLEMAN for such insights????
    2 Jan 2013, 05:23 PM Reply Like
  • KillinMe
    , contributor
    Comments (37) | Send Message
     
    AF has no background whatsoever in biotech. He was a Poly-Sci major with a bachelor's degree from some piss ant school. No corporate experience, no scientific or medical background of any kind. A with delusions of grandeur and not even an actual trained writer. He's a completely no name hack who has gotten it wrong countless times...see http://bit.ly/zcz1QE for his record. I can't wait until he gets shut down by the SEC. How the hell does Seeking Alpha continue to keep their standards so low as to let this idiot "write" baseless articles for their website? Pathetic... Losing more and more credibility by the day.
    3 Jan 2013, 08:06 AM Reply Like
  • arbo99
    , contributor
    Comments (16) | Send Message
     
    I was not permitted to print my original comment so I will re-try here a second time. The author of this article has constantly written negative articles against Arena Pharm for reasons only we can guess. I personally don't appreciate this as I find it totally misleading for others.
    Let's hope Seeking Alpha allows this comment as my feelings do have merit.
    3 Jan 2013, 05:40 PM Reply Like
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