Vid, thanks for your cogent post with a perspective that indeed sums up the big picture about Ariad. You are so right that the day to day ups and downs are "noise" and the key is keeping our eye on the "target" which is down the road.
As the pps has progressed upwards (albeit sometimes with two steps forward and one step back) since last year at this time, so many analysts have been so wrong with their "outlook". For sure, they play their cards close to the vest and will never go out on a limb publicly even though I am sure they have different private opinions.
For me the key is that we now have an ownership that is over 90% with institutions who really are the "smart money" and have a lot more knowledge than anyone other than Denner and the people he is talking with. As I have posted several times before "we are the minnows, following the sharks" and I for one will continue with that approach. With that, there are more sharks then ever before. IMHO
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