If that was the end of Loq as you claim, why is it down .03? There sure is enough bad press out after the data was released. I don't see the vulv issue as being a big problem. I have to disagree with you on this one. But then again, I have been wrong on Arena before. Let's see how this plays out.
VVUS just filled the $9 upgap. ARNA's first upgap is at about $3.20.
To this day, I remain clueless as to what the shorts are thinking? There's still a reasonable chance of approval here and if so, ARNA would pop above $10 just like OREX is doing now. Shorting volatile plays like this trading at near cash? You gotta love em