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Fundave Dpbkmb

N. Huntingdon, PA

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Stock Pick by Fundave Dpbkmb

ARNA: Lets make a deal

Start trading ARNA with real money!

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1 ratings
Posted 3220 days ago on 10/02/08

ARNA will go UP
$1.50 on 1/02/09
$23.37 (4,669.39% from time of market call)

I think that Merck recently giving up on its diet drug because of adverse effects is good news for Arena. Merck has collaborated with Arena before and I'm sure that they have been watching the development of Arena's diet drug. With a blockbuster potential market and good interium saftey results in extensive Phase 3 testing, the Arena drug should be too tempting for Merck to resist. I added to my ARNA position today. Also, if this Merck Arena deal materializes watch out for the pin action in ATHX.

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