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S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,272.80
(
0.51%
)
Dow Jones
39,112.16
(
-0.76%
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Brent Oil
84.49
(
0.36%
)
Bitcoin
61,439.40
(
-0.60%
)
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Tinkerer

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Tinkerer

Re: vidpok45 post# 41074

Wednesday, 12/11/2013 10:44:10 AM

Wednesday, December 11, 2013 10:44:10 AM

Post# of 80490
Whether we like it or not, the price is going to plummet from here for a while for three reasons:

1. Tax selling. Some people have lost a LOT of money on this stock. Between now and the end of the year, they will be selling their shares so the trade settles in this tax year.

2. Lack of information from Ariad. They are horrible at giving investors information.

3. No good news to report. There really is no good news to report right now, and probably will not be until February/March.

This could get painful!

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