does not matter. Arena will continue to be shorted because you do not have the DEA coming any time soon. Eu approval is less likely than most arena investors believe. While some call arena a defensive stock what do you think is going to happen when markets start shaving some of the recent gains. Shorts will not start covering until this gets into the mid 7s again. Look at this realistically for a change. Mark this, this will go into the 7s again.