I think most biotech is doing the same as JL. They need more institutional than retails so this process transfers wealth/shares from retails to tutes and HF and I think ARNA may have something or at least knows what's going on but decided to silent.
Last week Jack was the man. His job is to run the company not hold your hand over every little tidbit of news thrown out there. EU asked some questions so go freak out. This is going up. Maybe not tomorrow but very soon.