Tuesday, August 24, 2010

Sell ARNA

After reading the linked article below, I am concerned that ARNA's drug might not be recommended for approval.

http://blogs.forbes.com/matthewherper/2010/08/20/the-fdas-new-power/?partner=yahootix

I have sold my ARNA position (at $6.81, 8/24/2010).  I currently hold VVUS and am awaiting any new information from the full FDA regarding their Qnexa drug.

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