I don't think that's really true-
anyone who's had their eyes open(which comprises most of the serious(i.e. large position size) investors in Ariad, don't think it's going to go up 400% in a straight line.
Although the preponderance of investors are "bullish" and appropriately so(IMO), I wouldn't say they are delusional, which is what a straight to 50(IMO) implies.
The main reason I don't agree with Dew on this one, in addition to the science and market potential, is that we have continued to maintain a "healthy" level of short interest throughout.
This, to my mind, is the result of how, (despite what those of us who follow closely may find hard to believe), most of the potential of this company is "still" lost to the overwhelming majority of the investment community.
When they finally "get it", we'll see an enormous advance...
though not to "50"(in a straight line!).
A "bumpy" advance to 25 or 30 would be very satisfactory from my point of view.