Ariad is in a great position as a company, and the stock is in an even greater position right now. The stock is currently undervalued due to all the fear surrounding it. What we will see in the near future (beginning today, IMO) is as fear subsides, the stock price starts slowly creeping up. If your investment horizon extends out to at least 2-3 months, then ARIA is a great place to be as the price might rise 30-40% in that time, and possibly double within 6 months. JMHO. GLTAL.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.