Why are you frustrated? There are a lot of trapped shorts and these shorts are not small retail that bet wrong. They are big institutions that went long VVUS and shorted ARNA. So because Tutes missed this boat they have been manipulating it and trying to hold it down in order to acquire a position at the lowest price and those shorting are trying to milk premiums out of the weekly options.
You have been waiting a very long time for this stock to move up to fair value and few more weeks won't kill you. More then likely this will not go straight up we will get slow numbers at first and that will be spun by media and short hedge funds to have a few bear raids. Over time they will get on the right side and the stock will be let go.
What needs to happen is you need to educate you politicians and hold their feet to the fire. When the uptick rule was in place this kind of manipulation was curbed in a big way. Today with no uptick rule and Reg SHO rules allowing naked shorting for insiders you get this un fair system for the retails and an ATM for the crooks.