CML is just 1/100th of ARIADs indication targets. You have to think what the value of Ariad is 2 to 3 years from now. For a newbie here who doesn't want to invest a lot of money, try investing in 100 shares of ariad today ($700 worth at $7 pps) and forget about your investment for 3 years. Then on Chritmas 2016, look at ariad pps to give yourself a white Christmas... Just my 2 cents.
Jesspro has just given the best possible advice a newbie can get.
Forget about your investment for 3 years. Then on Chritmas 2016, look at Ariad pps to give yourself a white Christmas.
This is Jesspro's investment advice. If you ask Eugene Fama, Lars Peter Hansen and Robert Shiller for advice, they will tell you the same idea.
The research of the 3 winners of 2013 Nobel Prize in Economic Sciences showed that while it is difficultto predict asset prices in the short term, prices can be predicted in broad terms over longer periods, such as 3 to 5 years.
Fama found that it is nearly impossible to predict short term changes in stock prices. In the 1960s he showed that knowing how a stock performed last week will do little to help determine this week’s prices.
I am patently silly, wacky and stupid as pointed out by DewDiligence, jq1234, iandy and girlfriend. They are right. I am so stupid that I am unable to predict ARIA's prices today based on its performance yesterday.
Fortunately, there are analysts and traders who are much smarter than the Nobel Prize winners. Rachel McMinn, Gloria, Pork and Girlfriend are the brightest. They can predict the price movement of ARIA hourly just like a weather broadcaster.
I patently silily believe ARIA will become the next BIIB or AMGN. I think it would take 3 years, 5 years or 10 years. However, for Girlfriend, it will take at least 50 years.