Just curious Calluch...Would you be happy if Ariad was up by 2.5% today and would you think that it was on it's way to a sustained upside move if it did so?
As I have stated before, IMHO nothing significant is going to happen with this stock until the shorts get cleared out. There is a plan with a timeline that we don't know about and it includes news (both management and bio related), shorts covering, the pps rising with a major move and perhaps a BO in the works. Until that time it is utter futility to expect anything different and the day to day fluctuations and manipulation by the traders will continue in trying to out wait the retailers.
This situation is not market driven nor aligned with any other related influence (BioTech) or indicator (Dow, Nasdaq, S&P) and will respond to internal stimulus only. There is no way that major players are holding positions that big, for so long who don't see a lot of potential and major, major upside returns. In the meantime they (the smart money and insiders) are very happy to make life miserable for those in the dark....namely us.
