Replies to post #1254 on 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.

[WALL STREET KID]

there will definatly be some covering tommorow here at ARNA as far as the other stuff it could be any or all of them to some degree or another. A run this close to year end is always nice as people are starting to tax-loss sell stocks right about now

[conix]

The OREX decision by the FDA Review Panel is where all the "possibilities" inmeeting with the FDA again is stemming from.