Obesity pills

By rippstudio, July 23, 2012

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

I need help understanding just what happened here. Last month Arena got approval from the FDA on their Obesity pill Biquig I bought in at ten thinking this was great news and the stock would increase in value. Well since then it has hovered between 9.50 and 11.50.
Then last week Vivus got approval on their pill which is supposed to be alot better than Arena’s. I bought in at 30 and it has been doing nothing but dropping since the announcement, 22.50 at this writing.
I’m very new to this and just don’t understand how ggod news for these markets can result in lost of staock value.
Can soMeone explain any of this?

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5 Comments on " Obesity pills"

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Howard
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July 23, 2012 12:43 pm
The problem with Big Pharma is that the money incentives are all wrong, and the general public is (slowly) becoming aware of that problem. I would have no interest in Biquiq because I have personally succeeded in losing over 120 lbs without surgery, prescriptions, calorie counting, or going hungry. The only difficult step in the whole process was coming to the realization that the nutritional advice I was getting from my doctor and the government was ass-backwards. Especially the parts about “healthy whole grains” (a totally fictitious substance) and the ridiculously unhealthy “low-fat” fad. What’s wrong with the money incentives… Read more »
RMcLaugh
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RMcLaugh
July 24, 2012 10:34 am

So how did you lose 120 lbs?

Howard
Guest
0
July 24, 2012 10:56 am

I cover that in some detail in my blog (and I do my best to answer specific questions there). And I give away that information at no charge.

loudaws
Irregular
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loudaws
July 24, 2012 6:17 pm

Howard, don’t be so cynical. Back in the early ’90’s I read about a new drug for
depression aprroved by thr FDA and manufactured buy Forest Lab. Paid $34.00 per
share for it. It split 4 times to $544.00 per share. If you want to lose some weight take some pills . If they work , By some stock in the maker. There are far more fat people than there are depressed ones. You might get rich, and learn to love people who make drugs.

Howard
Guest
0
July 25, 2012 7:59 pm
It doesn’t really matter how cynical I get, I just can’t keep up. Jerry Naughton covers a situation similar to this “obesity pill” in his blog at http://www.jerrynaughton.com/?p=462 Statins are yet another example of perverse incentives. REALLY perverse. Muscle toxins used to treat a fictitious disease called “high cholesterol.” $27 Billion-with-a-B perverse, with no credible evidence that statins actually improve health in any way. Or that high cholesterol causes heart disease. The only thing that interests Big Pharma is making money, and the only real challenge they face is how to best prolong your misery without actually killing you (an… Read more »
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