Ariad Pharmaceuticals Inc fka ARIA

[flexinvester]

Just remember that there are still 35M+ short shares still out there and continually fighting the pps to go down. At some point, no matter the tactics of shorts (now on the wrong side), hedging or other options play, there will be a consensus that the pps is going one way and that is UP.

Until that happens, we will continue to see the ups and downs (hopefully not significant) and price action that we are seeing today. IMHO, there is no way that 35M shorts are going to sit there and not cover when they put up the white flag. Even if it is "hedging" it would still be burning money.

Of course the good news (like today) with more to come will be steps in the right direction. Further, any news or indication of BO negotiations would be a spark that would ignite the rocket.

Until then, sit tight, be patient and see the games for what they are……and they are NOT about a sentiment that this should be a hugely shorted stock as it is right at the moment. The fundamentals of Ariad HAVE, ARE, an WILL change for the better and with that the value ever increasing.