Replies to post #76629 on Ariad Pharmaceuticals Inc fka ARIA

[808Options]

I'm long this stock but a few things bothers me.

1. Insider selling (bearish)
2. Overbought (bearish)
3. Public thinks it's a fore gone conclusion that this stock is ready to fly. You know what happen when everyone is bullish on something.

I believe it will go down at least a couple points before anything good happen. JMO

[mrplmer]

Closing and opening positions is called trading.