there lies the problem. if ariad is putting together something (big) around asco, the price will reflect that announcement and start moving up prior to asco. Do people forget that if its being discussed, or written down, then the "putting something together" will be known by insiders, thus influencing the share price. don't people know from previous asco and conference calls, that the price stays repressed after such events, if it heads into the event flatlined or down? don't people remember the stock prior to the october crash as erratic and trending in the middle teens leading up to the crash after hitting a high of $25?…someone knew. the reason is, when money is involved, someone always knows.
