Ariad Pharmaceuticals Inc fka ARIA

[JJM760]

I listened to the presentation last night. I noted that Berger led with Rida for the first time in a while. That may be purely because of the imminent data coming out any day. I also felt he seemed upbeat and a little Rida chatty if you will. However, I trust HB about as far as I can throw him!

I agree with PGS and BTH that it is a very bad idea for your net worth to base investment decisions on the CEO's cheer leading. I have been burnt exactly this way before.

At this point I think it is an obvious gamble to hold thru Rida final, but it is one I think I am going to take. For me the qustions are:

-Where does the PPS land should Succeed fail?
-How long before it returns to the current levels?
-Is it worth risking say 25% of my gains for the potential of say 300-500% gain within a year or so?

Anybody disagree with my assessment?