I am not trying to be d#@k, but I am not so sure that you have the constitution to be investing in speculative biotech. This is a heart breaking stock to say the least. Basically, if you believe that Rida and Pona will be approved (and the world is not coming to an end), then you hold until the end of next year and you should be rewarded. Perhaps it was a little overvalued in the 13's, but other than being a high beta stock, this awful trading has nothing to do with the fundamentals of Ariad. The overall is a mess, but this too shall pass. Ariad should respond nicely when risk comes back in favor.
If I did not own too much already, I would be buying on weakness here. Maybe quit watching it everyday or sell if it makes you sick to your stomach. Your health is not worth it.
GL
