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DewDiligence

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Re: lax20m post# 171876

Wednesday, 12/25/2013 10:01:16 PM

Wednesday, December 25, 2013 10:01:16 PM

Post# of 257484

Everyone on the Ariad board hates [Rachel McMinn], but I find their arguments don't hold water. However with that being said I do think the $3 price target from her is retribution for feeling that she was duped by Harvey.

Could be. In general, sell-side analysts’ price targets aren’t meant to be taken seriously, IMO. I read sell-side reports for the tidbits of insight here and there, but I do my own valuation modeling.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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