Ariad Pharmaceuticals Inc fka ARIA

[zipjet]

BUY LOW, SELL HIGH

ARIA is a fine illustration of just how difficult it is to practice that aphorism.

Not only is it low, it is dropping so fast that two days like Friday and the stock would be negative. That is panic selling. "Get me out, I don't care what price."

SELLING BEGETS SELLING.

Margin calls, shorting, growing pessimism, stalwart-longs bailing out, pro cyclical analyst ratings down grading, predictions of bankruptcy, and "news" articles drive the extreme low.

This is all too familiar. Will the predictions of imminent corporate failure come true? I doubt it.

Yes, I'm one of the new posters. I confess that after buying at 7, I largely sold out at 18-20, or so.

Will ARIA stock be higher in one year? Who knows. But more often than not, these panics put in bottoms and are not simply the prelude to bankruptcy.

One thing is certain, it will stay volatile.