Ariad Pharmaceuticals Inc fka ARIA

[flexinvester]

Vid, what I don't understand is why they (the shorts) haven't gotten out earlier when they had a chance at a much lower pps?

Also, I wonder really who the shorts are at this point? If the hedge funds are hedging (being both long and short) for sure they would have gotten out earlier. If the shorts are separate entities or the MM's it is plain stupidity to let it go higher and higher knowing that they day of reckoning is coming albeit at higher highs and higher lows. Like watching money burn.

It perplexes me and just doesn't seem logical along with being very expensive. Nothing is a sure thing in this world YET the probabilities of Ariad at least going higher (no predictions) is very high at this point.

Any ideas, theories or thoughts?