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Re: Ecclesiastes 5.19 post# 41509

Wednesday, 12/18/2013 9:24:48 AM

Wednesday, December 18, 2013 9:24:48 AM

Post# of 80490

Any news will be good news because Ariad has run out of shoes to drop has gotten the worst news thanks to the FDA. Don't you think so? You don't have to count on it. However, counting on it or not counting on it is at your own risk. You will see what is going to happen.

What happened to Ariad during 10/1999 - 03/2000 will probably be repeated. By 03/2014, ARIA may reach $50+ if history repeats. History repeats itself, doesn't it. Who knows?

I am not a trader. I don't predict target price because I don't think it is predictable. If anybody interprets my statement above that way, it is his/her freedom. However, he/she should have noticed the word "probably" in my statement. Ariad's history tells that during the period of 10/1999 - 03/2000, ARIA rose more than 50 folds. Who predicted when ARIA dropped below $1.00? History may or may not repeat itself. Who knows? When ARIA was at $25.40 in Oct, 2013, who predicted it would drop to $2.15 a year later? You were bullish back a year. you would have said $2.15 was off reality. However, it turned out that the reality was that people had to face the reality.

ARIA may reach $50. If it does happen, the shorts will have to face the reality. One usually doesn't realize reality until he/she faces it.

Being bearish or bullish is perfectly OK. Honestly speaking, the sentence saying "ARIA may reach $50+ if history repeats" is actually for the shorts, not for the longs. The risk of shorting a stock is unlimited theoretically. $50 is a limited number, isn't? The risk may be more than $50 for a short.

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