Ariad Pharmaceuticals Inc fka ARIA

[flexinvester]

Glass.......duly noted about the buyout NEWS. I have very little faith in news as it relates to cause and effect. Over and over and over we have seen good news and the pps falls. Or getting good news and the next day having a brokerage firm come out with a "SELL" rating. Right now it's a traders game pure and simple and with that any reaction of the pps to any news is precarious at best. I don't really care why the pps went up over $10 in September but rather that the shorts were already in place then to jerk it around at will. And then back way, way below the base level before the BO news. And they still are doing it at will.

I would like to hear theories why people think there are over 30M shorts at this point in time. Even if we agree that the bottom is $4.30, then why have they not covered? My opinion is that it is a mechanism for others to accumulate at low prices and to put into play a lot of uncertainty for those not in the know. IMHO