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orphys

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orphys

Re: bellweather1 post# 28236

Tuesday, 04/02/2013 5:09:38 PM

Tuesday, April 02, 2013 5:09:38 PM

Post# of 80490
Sorry..my comment was not directed to anyone in particular. I think many of us (including myself) were spoiled by the market's reaction the last time Ariad raised money and saw the price go up 3 pts after the sale. It looks to me this time the market had a hard time swallowing the additional 16-17M shares this time around and alot of these shares were purchased by the "fast" money. With a solid product launch more "value" investors will replace the fast money and I agree with BTH that the fast money will add volatility around the binary events surrounding 113.
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