So Shank shows up LATE on the first tee in the Ariad Open and shanks one right out the tee box and already below par. Most of us are well into the course and hitting one of the best rounds of lives, having endured some bad shots, but far more good ones. If Shank 'stays the course and goes long, his scorecard will improve.
Analogies are always of doubtful use, though in this case I use it to introduce what I really am expressing. Most on this board are not new to the stock, we're in 2,3, 4 years. We know the of th board revolt, the dilutions, the insider buys, Pona's potential and results, 113's potential, the sarcoma disappointment. Add it all up, we went from .79 to $17.50, trading right around the high.
As dough man says, "know what you own". There is no way Shank has the historical perspective and depth of knowledge longs here have generally. He sees "Rida fails". Let him short the stock,for a short period or longer, or just rag on. Rida is currently is meaningless to ARIA pps, longs know this, Shank has no clue why.
As for dilution, I too think there will be dilution at some point....also meaningless expect that we might get a POP! In a year, when we are at $20-$24, the Harv will float 10m shares and the pps will go up like it did last time. Cash on hands only raises the pps for potential suitors, or locks in a secure future to well past $40 in 2 years. A 7% dilution doesn't move one from $20 to $12.
Shanks Rida view ...oops we're up today!! What say you Shank on you $12 call?
