Replies to post #11451 on Ariad Pharmaceuticals Inc fka ARIA

[adreamer]

A look ahead at the ARIA stock trading for Wednesday August 3rd 2011........A head Fake up to 11.27 about 10:15 am followed by a hair raising drop through 10.20 by mid afternoon...followed by high volume buying before the market close with share price at 11.03 by the end of the day........Capitulation and recovery....Weigh In ...

[JJM760]

I was referring to the volume yesterday being over 6 mil compared to the over 3 mil average. According to your post, it was pretty much all retail selling (26-1). That's pretty remarkable considering the constant downward pressure yesterday. Good to know.

[bellweather1]

Block Trades-

Don't mean to confuse the issue, but if 100+k trades are considered institutional, I'm pretty sure there were a lot of individuals out there(and some on this board) that could account for some(or most) of that trade.

So, from my way of looking at it, a lot of that buying may have been relatively rich individuals rather than institutions.

However, if accurate, your data at least suggests that institutions weren't selling in any volume, which is valuable and encouraging to know.

Thanks for the post.

bw

[gym gravity]

that is how it works... the only prices that get "defended" are done with giant footprints... like oops... $10 will be when breached.