Volume
Please note the less than average volume as Aria retreats today. I am also of the opinion that Ariad's pps trading pattern is becoming a bit more predictable. Though I do not expect any new pronouncements at today's conference (HB never uses these conferences to announce any news) but perhaps, like in the recent past, we can pick up some important information on "direction" from how Harvey delivers his message today. I believe it has become a bit easier to read between the lines at Harvey's presentations, measured by what he emphasises and the subtle differences in the present presentation vs the past several presentations. Of course, you will have had to listen carefully to the last few, in order to pick up on the changes, etc. Harvey's confidence level is another clue.
As usual this is JMHO,
Barry