TigerSoft
News Service 10/24/2014 www.tigersoft.com
Investors Just Cannot Trust
Biotech CEOs
Arrowhead Research in 2014
Is An All Too Typical Case.
TigerSoft Is Your Best
Protection against
"Pumping
and Dumping."
by William Schmidt, Ph.D. (Columbia University) ...
Inventor of TigerSoft Insider Trading Detection Saoftware.
Tiger Software Helping Investors since 1981 Make Your Retirement Grow Suggestions: Peerless Stock Market Timing: 1928-1966 7 Paths To Making 25+%/Yr. Using TigerSoft Index Options FOREX trading Investing Longer-Term Mutual Funds Speculative Stocks Swing Trading Day Trading Stock Options Commodity Trading |
At our August 3rd 2013 Tiger User Group
meeting in San Diego,
we
noted the sudden emergence of ARWR as a bullish Explosive Super Stock.
It
also regularly appeared on the elite Bullish MAXCP page of our nightly Hotline.
The
wall of high very high Accumulation, Closing Power and Relative Strength
new
highs were hard to miss using Tiger's Power Ranker. At the time, all we knew
was
that this was a small biotech with a promising potential treatment for the
world-wide
scourge of hapatitis..
ARWR
2013 - $2 to $13.
While
it's true that bullish investors will probably strain
to hear whatever they want to hear in a biotech's pronouncements,
clearly a biotech company should not raise expectations about a
new drug's likely efficacy to unrealistic and false levels. That
appears to be what Arrowhead Research did.
ARWR
2014 - $13 to $26 to $6.
At TigerSoft, we had no special knowledge about the stock
when we bought into it under $15, just when the unrealistic expectations
about the company's anti-Hepatitis-C drug were being circulated
on Wall Street. When the stock rose above $25, our TigerSoft
Closing Power broke its uptrend and we happily took profits.
From time to time, I looked at AARW's chart, but never found that
it showed any new signs of Insider Buying (very high levels from
Tiger's Accumulation Index) and so we never bought it.
What I did see was a stock that could not recover back above
$18. And a stock that very feeble Accumulation readings in
September when it traded back up to $16. There was no reason,
whatsoever, to buy the stock. Tiger users of the swings and trends
of Closing Power would have been short the stock when it suddenly
plunged 50% in one day when the company's real results from drug
trials were released.
As one would expect, there was an outcry against the company
and its CEOs. It also so not take long before lawsuits were initiated
claiming corporate fraud and insider trading.
Insider Sales before The Bad News Came Out
http://www.secform4.com/insider-trading/879407.htm
2014-10-01 Sale |
2014-10-01 7:38 pm |
ARROWHEAD RESEARCH CORP | ARWR | McKenney Charles (Director) |
2,500 | $14.7 | $36,748 | 17,220 (Direct) |
View |
2014-09-30 Sale |
2014-09-30 5:59 pm |
ARROWHEAD RESEARCH CORP | ARWR | Lewis David L. (Chief Scientific Officer) |
15,000 | $15.02 | $225,350 | 0 (Direct) |
View |
2014-09-26 Sale |
2014-09-30 5:58 pm |
ARROWHEAD RESEARCH CORP | ARWR | GIVEN DOUGLAS B (Director) |
2,000 | $15.24 | $30,480 | 20,000 (Direct) |
View |
2014-08-15 Sale |
2014-08-19 5:15 pm |
ARROWHEAD RESEARCH CORP | ARWR | Myszkowski Kenneth Allen (CFO) |
40,000 | $14.02 | $560,860 | 71,500 (Direct) |
View |
2014-08-15 Sale |
2014-08-19 5:15 pm |
ARROWHEAD RESEARCH CORP | ARWR | GIVEN
DOUGLAS B (Director) |
5,000 | $13.9 | $69,500 | 20,000 (Direct) |
View |
2014-06-09 Sale |
2014-06-10 9:28 pm |
ARROWHEAD RESEARCH CORP | ARWR | McKenney
Charles (Director) |
22,000 | $14.32 | $315,005 | 17,220 (Direct) |
View |
2014-02-12 Sale |
2014-02-12 7:15 pm |
ARROWHEAD RESEARCH CORP | ARWR | Myszkowski
Kenneth Allen (CFO) |
16,000 | $18.77 | $300,290 | 71,500 (Direct) |
View |
2014-02-07 Sale |
2014-02-10 7:45 pm |
ARROWHEAD RESEARCH CORP | ARWR | FRYKMAN EDWARD W (Director) |
3,148 | $15.98 | $50,296 | 23,852 (Direct) |
View |
2014-01-02 Sale |
2014-01-06 5:37 pm |
ARROWHEAD RESEARCH CORP | ARWR | Lewis
David L. (Chief Scientific Officer) |
15,000 | $10.29 | $154,292 | 0 (Direct) |
Vie |
DigitalJournal.com
-Oct 20, 2014A lawsuit was filed on behalf of investors in Arrowhead Research Corp ... in connection with certain allegedly false and misleading statements ...
CNNMoney
-Oct 15, 2014Specifically, the action alleges that during the Class Period, Arrowhead made false and/or misleading statements regarding the effectiveness of ...
Special News: Arrowhead Research Corp (NASDAQ:ARWR ...
Explore in depth
(13 more articles)
MarketWatch
-Oct 8, 2014... have issued materially misleading business information to the investing public. ... Yet, Arrowhead executives led investors to believe that ARC-520 was ... On this news, shares of Arrowhead Research fell $5.48 per share, ...
Morning Watch List-Talisman Energy Inc. (USA) (NYSE:TLM ...
Explore in depth
(59 more articles)MarketWatch
-Oct 16, 2014... Central District of California, alleging that Arrowhead Research Corporation ("ARWR") issued false and misleading statements between August ... 0.2-log and 0.3-log reductions in hepatitis B viral load while investors were ...
GlobeNewswire (press release)
-Oct 13, 2014Yet, Arrowhead executives led investors to believe that ARC-520 was ... During this call, Defendants made materially false and misleading ...
MarketWatch
-Oct 14, 2014... investors of Arrowhead Research Corporation (Arrowhead or the ... that defendants made false and/or misleading statements and failed to ...
GlobeNewswire (press release)
-Sep 19, 2014... as a result, 21Vianet's financial statements were materially false and misleading. ... The firm represents individual and institutional investors in shareholder ... of value for themselves and the companies in which they have invested. ... Robbins Arroyo LLP: Arrowhead Research Corporation (ARWR) Misled ...
GlobeNewswire (press release)
-Sep 24, 2014... directors made false and misleading statements concerning one of its lead ... The Rosen Law Firm represents investors throughout the globe, ...
GlobeNewswire (press release)
-Sep 18, 2014... Law Firm Reminds Shareholders With Losses on Their Investment in ... Specifically, Defendants made false and/or misleading statements ...
in price
the case with