Ok I just think the board needs to temper expectations. An annualized return of 18% in light of the run up the last year and the current market conditions seems pretty good to me. If members of the boards view that as dissapointing thats their perogative however I would view that dissapointment as being a symptom of not being a realistic investor. I for one would love to see greater appreciation but to call ARIADs run up ho hum or to select small portions of time to analyze the appretication just seems to me like people are missing the forest as they stare at the trees.
I suggest that you read the news that has come out about Ariad since then. I think you have missed a number of articles, presentations and news releases.
If you are looking for a better performing investment in this awful market, you might want to consider putting it down on a hard eight at the crap table. That pays 8 to1