7.25 before we see new highs again. Its going to be a long time....
Its not an Ariad thing. Its a macro thing and its taking all the overbloated garbage like Ariad with it. If the market was performing, we would be at 9+ right now....
and by the way, of course the Rida data is going to be good... but "good" isnt good enough for a bloated marketcap pig in this market. it needs to be blockbuster and 3 weeks PFS and trend of OS isnt blockbuster...its ho hum, and ho hum isnt cutting it anymore. unfortunately, i dont see a good timeline for double digits until at least december and thats assuming the Dow is still above 11,000.
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