Well, I can't agree with you. First, I think that people will preffer the physical package of a game and it's manual when they pay 20-50$ per game. Secondly, It'll take at least few hours to download a 8.5GB game, Not to mention HD space, While you can get he game by a visit to the shop near your home. Secondly, I guess GME CFO who bought about 1.2 million $ worth of stocks for the past week in an average price of 25$ per stock. I won't get into more issues like the wider availability of more games and products in shops, And new games that will get out in the coming holidays who moght not be released online, But I think I made my point clear....
Arena Pharma Could Be on the Verge of Collapse [View article]
If so then how you explain latest insider buying ? :
2009-05-14 2009-05-14 20:20:39 ARENA PHARMACEUTICALS INC ARNA White Christine Anna director 2,200 $2.73 $6,006.00 20,000 view P 2009-05-14 2009-05-14 20:20:39 ARENA PHARMACEUTICALS INC ARNA White Christine Anna director 7,800 $2.73 $21,286.20 17,800 view P 2009-05-14 2009-05-14 20:20:39 ARENA PHARMACEUTICALS INC ARNA White Christine Anna director 10,000 $2.62 $26,200.00 10,000 view P 2009-05-14 2009-05-14 20:19:23 ARENA PHARMACEUTICALS INC ARNA HIXSON HARRY F JR director 60,000 $2.67 $160,440.00 90,000 view P 2009-05-14 2009-05-14 20:18:34 ARENA PHARMACEUTICALS INC ARNA WOODS RANDALL E director 1,000 $2.75 $2,750.00 1,000 view P 2009-05-14 2009-05-14 20:15:07 ARENA PHARMACEUTICALS INC ARNA BICE SCOTT H director 3,800 $2.67 $10,146.00 4,900 view P 2009-05-14 2009-05-14 20:14:08 ARENA PHARMACEUTICALS INC ARNA BELCHER DONALD D director 35,000 $2.62 $91,700.00 50,000 view P 2009-05-14 2009-05-14 20:08:41 ARENA PHARMACEUTICALS INC ARNA LAFORCE JAMES director 200 $2.74 $548.00 13,500 view P 2009-05-14 2009-05-14 20:08:41 ARENA PHARMACEUTICALS INC ARNA LAFORCE JAMES director 3,300 $2.74 $9,040.35 13,300 view
Well...Cheap is a relative thing. I'm no economic specialist, But some things as the economy around the world markets needs to be taken into account when considering stock value. Even if you have a worthy product which it's price is low, If there isn't demand/buyers for it, you might fins yourself in deep do-do. Although I bought some X at 21.5 and 18, I think that patience is the key.....
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Secondly, I guess GME CFO who bought about 1.2 million $ worth of stocks for the past week in an average price of 25$ per stock.
I won't get into more issues like the wider availability of more games and products in shops, And new games that will get out in the coming holidays who moght not be released online, But I think I made my point clear....
Arena Pharma Could Be on the Verge of Collapse [View article]
2009-05-14 2009-05-14 20:20:39 ARENA PHARMACEUTICALS INC ARNA White Christine Anna director 2,200 $2.73 $6,006.00 20,000 view
P 2009-05-14 2009-05-14 20:20:39 ARENA PHARMACEUTICALS INC ARNA White Christine Anna director 7,800 $2.73 $21,286.20 17,800 view
P 2009-05-14 2009-05-14 20:20:39 ARENA PHARMACEUTICALS INC ARNA White Christine Anna director 10,000 $2.62 $26,200.00 10,000 view
P 2009-05-14 2009-05-14 20:19:23 ARENA PHARMACEUTICALS INC ARNA HIXSON HARRY F JR director 60,000 $2.67 $160,440.00 90,000 view
P 2009-05-14 2009-05-14 20:18:34 ARENA PHARMACEUTICALS INC ARNA WOODS RANDALL E director 1,000 $2.75 $2,750.00 1,000 view
P 2009-05-14 2009-05-14 20:15:07 ARENA PHARMACEUTICALS INC ARNA BICE SCOTT H director 3,800 $2.67 $10,146.00 4,900 view
P 2009-05-14 2009-05-14 20:14:08 ARENA PHARMACEUTICALS INC ARNA BELCHER DONALD D director 35,000 $2.62 $91,700.00 50,000 view
P 2009-05-14 2009-05-14 20:08:41 ARENA PHARMACEUTICALS INC ARNA LAFORCE JAMES director 200 $2.74 $548.00 13,500 view
P 2009-05-14 2009-05-14 20:08:41 ARENA PHARMACEUTICALS INC ARNA LAFORCE JAMES director 3,300 $2.74 $9,040.35 13,300 view
Major Metals are Looking Cheap [View article]