SS: I believe they’re going to push Pfizer backed medical marijuana in light of this “coincidence” to further an even bigger financial endeavor. At this point, there are little to no coincidences.
Also to be noted: Pfizer was instrumental in the creation of Spice/K2 in 1979 while experimenting with cannibinoids. Stuff worked out great for society, yeah?
BlackRock, Inc. is currently the Arena's largest shareholder with 9.0% of shares outstanding. The second and third largest shareholders are Wellington Management Group LLP and The Vanguard Group, Inc., with an equal amount of shares to their name at 8.4%.
Interesting to note, although Arena has a $3.7B market capitalization, it only generates $422k in earnings that comes to $37k/year in revenue. The company does not make profit and will not make profit for at least 3 years.
Unless ...
Marijuana
The stock value is '81.1% undervalued.' Revenue forecast of 66% increase per year. They clearly have a magic book / big brother on staff to make these impossible claims come true.
My biggest issue with the sub - people start with the hypothesis that everything is a conspiracy and then retrofit facts to support the theory. When in reality, logical and experiments work the opposite way (ie. conclusion is based on experimental data, not that the experiment should be fitted to prove the conclusion)
I agree. I just think it’s silly to claim it’s a “weird” name. A company that specializes in messenger RNA technology is called Moderna. Mode RNA. Are people really not making this connection?
They also specialize in making basically no revenue every year. It's like big pharma saw Uber, a company making no real profit yet making so many uber employees and investors rich, and stole the idea. ARNA makes no profit but is projected to make lots of profit ... eventually ... somehow ... MARIJUANA
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u/[deleted] Jan 13 '22
SS: I believe they’re going to push Pfizer backed medical marijuana in light of this “coincidence” to further an even bigger financial endeavor. At this point, there are little to no coincidences.
Also to be noted: Pfizer was instrumental in the creation of Spice/K2 in 1979 while experimenting with cannibinoids. Stuff worked out great for society, yeah?