Replies to post #13053 on Ariad Pharmaceuticals Inc fka ARIA

[moneyman1010]

ARIA2010.
I've been kicking this back and forth like everyone on this board. This was definitely ARIA specific. It has to be answer c. both. 3rd quarter profit taking - with buys between 8.25 to 8.75 taking 10-20% profits for their funds - exiting 9.25 to 10.25.

There are a lot of owners here. Great news came out this past weekend from Portugal on PONA, this drop was definitely not expected by believers like us. But it was definitely sell on the news for the big boys.

One of the few stocks in big player portfolio's that hung on and they had to take profits and de-risk because of the macro. I should have seen this coming with ARIA not popping big after PONA's news. Thought we would have broken 11.

Now like BTH said no news until ASH, could be a long, painful wait with further downside. I'm holding and ready to buy if this gets beat any further than todays lows.