Let's be clear, for one stop shopping, there is the best board for Ariad investors. Whatever isn't originally posted here, someone usually reposts it here. Useless, whining, pumping, nonsense posts are generally deleted, save a few humorous posts, which are also sometimes deleted. If you think yh is worthwhile, go have a look, and join them.
If you are tortured trading this stock, don't whine. Suffer in silence. There is nothing you can do about it except stop trading this stock, or become a smarter trader. 20% swings in this kind of biotech happen as a rule. Moaning about 1, or 2 or 3 or 10 dollars here on no fundamental reason, is useless noise. It gets overvalued, it corrects. Either get in synch or get out.
From the opening price on the first day of trading to the opening trade of the next year, this stock has more than doubled 4 years in a row. From Jan 2009 opening price, .85, the ACGR is almost 70%. Now to continue that this year, we need a price Jan 1, 2014 in the 30's. It could still happen. So why wouldn't the long term investors here be bullish? Many of us bought in the $3's or higher and watched it drop to .79. We didn't moan about it, we bought it up. Confident, mature traders take their lumps or just wait it out, or buy more. If one is sweating now, they are in way over their head. They should find something more predictable, where the risk is more tolerable for them. Complaining about trading daily/monthly swings is nonsense, a total waste of time. Either trade or move on.
So what's in your wallet? oops we're up .90 cents off the low, green for today.
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