About Me

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Interested in saving and investing for financial freedom. Mid to late career IT worker with 20+ years in the state retirement system seeking alternate income through dividend growth investments. Final goal is to pass it down to my children and that they do the same for their children-a continuing generational wealth transfer.

Wednesday, October 17, 2012

Arena Pharmaceuticals

ARNA is my most speculative holding and what a roller coaster its been. They have a new obesity drug recently approved by the FDA. Up 6.71% today, I hope it dips so I can buy more. Its about to break through to higher levels and I have a covered call on it for $11. Its going to get called away, but why get off now? Lets see how high it can go.

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