Replies to post #8874 on Ariad Pharmaceuticals Inc fka ARIA

[BTH]

Don't you?

I think if the FED can't figure out a way to enhance this country's GDP prospects, the fact that we have so much debt, and other big problems, it doesn't matter if this company is generating as much as Caterpillar was back in '08. Because, back then, CAT went from 100 to 30. One of the first things I learned years ago when I worked for a large IB was "bird of a feather flock together"....and, it doesn't matter what you're invested in when the market is tumbling - you're gonna lose.

It's a damn shame that QE2 is ending, I will tell you that much. Especially, at a time when things should be getting interesting for this PIG.

EDIT: btw, I don't have a problem with the "company". I have a problem with the way the "stock" is acting. When the macro guys start dumping risk, its going to take everything with it. Trust me, if Ariad was in a different industry (one which is not news driven, or event driven), I would be exiting this stock ASAP. Like I said, I do not like like "trading" a core position in a biotech because of the binary gamble. So, I'll just bitch about this POS instead.