Arena Pharmaceuticals, Inc. (ARNA)

[JJM760]

I bought a ton @ 1.86. At this price, a CRL is basically baked in the cake. I think a CRL could prove to be a positive in that it might give some guidance on how to proceed forward. At this point with the short interest being as high as it is, anything that is a perceived positive will have to move this stock price. Obviously a risky bet, but those are the biggest paydays (and biggest losers). Remember, all of us who invest in biotech are gamblers. We are all looking to be that guy (or girl) who bought the next DNDN or HGSI at the bargain basement price. Intelligent responses are always welcomed.