Ariad Pharmaceuticals Inc fka ARIA

[Maciste]

Some guy at the Yahoo message board apparently seems to think that we are going down to around 9-10 bucks. I have no idea what makes him think that especially with ASCO news coming up. III what do you think? Any chance of getting that low? (Read below).


"Guys, i have been a holder of Ariad for the past 13 years and have traded this company more times that i'd like to admit. i am sitting on approximately 200K capital gains (already realized in the past and recent 2011 run up)so i love this stock. I was honestly shocked when the price went up following the FDA panel majority vote not to approve Rida and sold shortly there after.

I honesetly beleive that this is a good long position but over priced at this time. I got out at 15.75 and plan to buy back in if/when it corrects down to around 9-10 bucks. I typically buy 15K to 20K shares so until I see the correction play out, I am out.

Good luck to all longs, go to hell all shorts, but this is my gut feeling right now"