Maybe you should read the press release on Nov 30. Could you be wrong again? YES
Now shorts are competing with those that sold at $5 or $6 and are back to accumulating again
Sentiment: Strong Buy
Arena will not go bankrupt!
at this level but with Belviq XR FDA approval any day now and increasing probability of partnerships as phase II completions near I bet there is lots of anxiety with this low vol. and the difficulty in covering millions of shares