Re: arna soars on jpm analysis. eom
".17 cents wouldn't be soarin"
Link cut arna a break already! Fact is the jpm pr was released at 7:25 am fri per my inbox at the time arna pps was $43.97.
By 8:15 on 982 share on a 5 min chart ARNA's pps was at $45, then Arna opened fri $45.59 on light vol of under 11k shares
Which is where I can only assume you derived that the pr by jpm only generated arna .17c
Just keeping you honest buddy and that's without taking into consideration the mkts got slammed fri
Bio down -1.5% vs arna being up 3.9%
Arna could have easily been down 4%+ and lost its support with a mkt like yesterday.