Ariad Pharmaceuticals Inc fka ARIA

[flexinvester]

Vid, here is another minor theory about the shorts...see what you think?

Until late July after earnings, the shorts would allow the pps to go up and then take it back down almost at will. We had seen this over and over again and again for the past couple of years. During this time, the long institutions and hedges took the position of allowing this behavior except thought that the day would come when the pps would rise and THEN they would draw a line in the sand and make it even worse for the shorts.

NOW is that time and with the huge volume right after earnings the shorts could only do so much in not allowing the pps to explode (albeit rising) THINKING that at the end of the run (rise of the pps) they could AGAIN take it down.

NOW after even adding more short positions (during the later half of July), they are stuck and in even a worse position. And with some institutional accumulation (as we have seen with reports) they are or should be getting desperate with a squeeze coming. I hate to beat a dead horse with this subject but I know we are all looking at this with almost amazement and piqued interest.