Ariad Pharmaceuticals Inc fka ARIA

[glass_half_full]

While past experience is not an indicator of future results, it has happened before that ARIA's price rises into op ex and falls back afterward.

The fact that the share price is motionless in the current market downdraft increases my suspicion. The price should either fall with the market or rise on news -- in fact, it is doing neither, simply sitting just below $3.50.

The price has walked smoothly to that number all week and now it sits there as though nothing else is going on even though the whole market is getting crushed.

Just food for thought. Short term, ARIA is small enough that it can be played a bit. Long term, big returns IMHO.