Ariad Pharmaceuticals Inc fka ARIA

[bladerunner1717]

Aria,

I don't think the fundamentals have changed, although I did sell out at $10.86. (I actually thought the CC was quite positive, especially the part about MRK's plans for Rida.) It's the macro-economic environment that is worrisome. David Rosenberg of Gluskin Sheff says that a double-dip is a "virtual certainty." Bill Gross of PIMCO says there is a 50-50 chance of a double-dip. It's hard to fight the macro-economic headwinds in small-cap bios.

I wish I had not been so greedy and gotten out, like BTH, at $13.50. Ah, coulda, shoulda, woulda. But I was in below $2, so my accountant told me to stop whining. LOLOL

I'll look for a re-entry point when the macro-environment becomes more clarified.


Bladerunner