This news put shorty is a very exposed position, there are a number of catalysts that will move Arena up in a big way ready to pop in the near future. By the end of 2013 Arena will be at $25+ and this becomes more apparent with every passing day.
Just think Arena got a 25% hair cut when the EU just asked some questions. VVUS got an all out rejection and there stock went down a hole 3% . Gee who is in charge I would not think it is retail
Sentiment: Strong Buy