written by reader Obesity pills

by rippstudio | July 23, 2012 11:32 am

I need help understanding just what happened here. Last month Arena got approval from the FDA[1] 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?

Endnotes:
  1. FDA: https://www.stockgumshoe.com/tag/fda/

Source URL: https://www.stockgumshoe.com/2012/07/microblog-obesity-pills/


5 responses to “written by reader Obesity pills”

  1. Howard says:

    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 and Big Pharma? It’s pretty obvious when you think about it. If you are lean, fit, healthy, and taking no prescription meds, you aren’t worth a damned thing. But if you are chronically ill and slowly dying from all your prescription med side-effects (which, of course, require more prescription meds), you are a GOLD MINE!

    I am thoroughly uninterested in buying Big Pharma stock, whether Vivus or any other company in that business. It is highly unlikely that Big Pharma is going to produce anything that actually promotes good health, because if they did, it would hurt their bottom line.

  2. RMcLaugh says:

    So how did you lose 120 lbs?

  3. loudaws says:

    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.

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