InvestorsHub Logo
Followers 16
Posts 2238
Boards Moderated 0
Alias Born 06/22/2010

Re: Whosetosay post# 78820

Friday, 11/18/2016 10:08:11 PM

Friday, November 18, 2016 10:08:11 PM

Post# of 80490
I disagree.Denner cut Harvey who was not concerned with profitability but his legacy. At this point we don't need Denner. Anyone can sell this company. But if it's not sold then the cost reducing efforts that have been implemented under Denner's regime have been critical to Ariad's survival. You mistake me for someone who cares about how I get my return on my invested capital. I sold starting at 10 until 14 and bought again on the dip to 9. I then again started selling on its way up to 14. I now own about 60% of what I did at 10. Maybe I'll miss out on the big win but I'm done holding out for the ariad lottery. Absent modifications to take advantage of tax planning I'll have no shares left if it ever reaches 22.

It's seems you care more about being "right" than making money. I just want profits. I'll continue to sell every dollar increment. My only consideration right now is timing of tax consequences. I have no shares left to sell in my retirement account so every time I sell now there are tax consequences.

I don't know your strategy. You seem to hate the company's management and the industry's prospects so i don't know what you are looking for. I've been selling and taking the bird in hand. Maybe you should too. That is the desired end game, no? Profit.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.