Arena Pharmaceuticals, Inc. (ARNA)

[ferretmoney]

I have watched many a slam down on biotech plays and quite familiar with the averages when it comes to binary events. And I have a habit of playing multiple option positions over many months or longer, on a single company, pulling out my cost basis or more before binary events. BUT, while there is no sure thing in biotechland I haven't see as strong a play as ARNA is a long time. The only way they will get a negative vote imo is if a majority of the panel members are selected from or paid off by competing interests.