Replies to post #21068 on Ariad Pharmaceuticals Inc fka ARIA

[mejs]

This stock is being held by Institutions and Funds tighter than a Fog's .
It's a COILED SPRING.Think ECOnomics 101 Supply/Demand
http://finance.yahoo.com/q/mh?s=ARIA+Maj...


162,000,000 shares * 83% = 141,000,000 roughly held by institutions + 8% held by owners= roughly 143 million shares held + longs holding adds about another 4 million shares= 147million shares held roughly. Leaving about 15million shares leftover for trading. these are rough numbers cause some data available goes back to march and not updated.

I would venture to say there are 10-12 million shares on the float at this time. about 5-6 days of normal trading volume and those days are dropping. It was 16 days in March.


I agree we will see approval sooner than later.