"I said many times that after they took out 50 the PPS recovery would begin."
I sure hope you are right but not convinced yet. The biotech indices are up three days in a row and ARNA may be just tracking. What I do see that is better is a modest pick up in ARNA volume. And I'm not seeing those constant sells at the bid price. We'll see how it continues to go. At least we're not seeing ARNA at $49 and dropping today!