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JJM760

05/04/11 8:27 PM

#119387 RE: acgood #119386

Sppi is def appropriate for the board. I think I first read about Sppi/Dr. Raj here, so I know a little something about the management. I am referring to today's opportunistic entry and planned exit as a trade.

After all, this is the Biotech Values board and SPPI may not qualify as such. This board has some of the most knowledgeable bio investors out there. But there is more than one way to skin a cat and this was an opportunity to take advantage of a market over-reaction IMO. Like I told Dew, I am looking for a point/point and a half at most.

Thanks for the feedback

BTW, I may be a homer but I believe that Ariad deserves some serious consideration even at this level. The 1 bil market cap scares some here, but that 1 bil is going to be 2 bil fairly soon IMO.