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[MiamiGent]

ARIA (Pharma) Shorted today.
http://stockcharts.com/h-sc/ui?s=ARIA
Technical reason is Descending Continuation Triangle Chart Pattern
Primary fundamental reason was to preclude me from putting any more in QIHU.
Other fundamentals include: product safety problems w/ FDA involvement, insufficient money for completion of necessary trials, poor prospects to raise further $$ from Wall St, qtr after qtr of losses, lawsuits, downgrades to Sell (Ned Davis 5/19, Eva Dimensions 5/11), Insider selling and 'tutes fleeing- 33.4M shares outflow last qtr.
Closed LOD today @ 6.30
I'm hardly early here and shorting low price bios is dangerous. Nonetheless, targeting 2.50 by end of 2nd qtr.
Book is .99 and burning.
Reading the ARIA board is like an Irish wake without the whiskey- depressing.

Well, that's a wrap. Hope all have a relaxing, enjoyable weekend.
MG