Biotech Values

[jq1234]

I respectfully disagree with you (and others) belief that Ariad at a market cap of $735 million is over valued.

Don't distort my words, I didn't say it is over valued. You said it is on sale, we said no, it is not on sale. Not on sale is quite different from over valued.

All of a sudden the market's perception of the value of a company is gospel?

Obviously you don't know me. I don't care what the market perception is. I am very much for going in when market perception is at worst and misinformed. ARIA right now is far from that point.

This story is 12 to 18 months away.

I am willing to bet it is not going to be straight up from now on until 12-18 months later.