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DewDiligence

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DewDiligence

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Re: DewDiligence post# 131203

Monday, 11/21/2011 12:00:55 PM

Monday, November 21, 2011 12:00:55 PM

Post# of 252302
The ARIA red flag is being waved again in today’s Boston Globe:

http://www.boston.com/lifestyle/health/articles/2011/11/21/successes_in_fighting_cancer_bring_new_challenge_drug_resistance/

Ariad Pharmaceuticals, a Cambridge company, is developing drugs that will block all the mutations through which a particular cancer could overcome a treatment.

If someone at ARIA actually said this, it’s a rather extreme case of hyperbole. I continue to find these kinds of remarks, of which there have recently been several, to be mildly bearish.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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