Arena Pharmaceuticals, Inc. (ARNA)

[JJM760]

Huge short interest. Essentially no value to Loc. Ending the year with 150 mil in cash. Outcome of FDA meeting to be announced sometime very soon. My guess is a whale decided it was a good day to book profits and cover and that caused a feeding frenzy. I have been sitting on this since 1.80 wondering when this day would come. This will be a walk in the park should they get a favorable response from the FDA meeting. This could get really interesting.