*OT much ado about nothing
Oh, I might have guessed that any TA on the chart of Ariad would generate a sell, no surprise there, but thanks for the link. Selling at the bottom does not seem like a good idea, and I should think that if I were really deluded on this one, somebody might have PMed me by now with a warning. The comment "I say away from convertibles" is not sufficient reason for me to stay away from Ariad, and if the toxic continues to punish and allow me to accumulate shares, so be it. We cannot be sure the biogurus are completely genuine in their comments--for all I know they would like to talk it down, or more likely, a few folks were able to get sufficient gains out of the January Science/EPO spike to pay for shares that have been placed on the back burner.
I should probably move on and play with something that seems to have a little interest--as I said, CEGE looks good, TRGNY seems rather cheap, I should use the time I spend whining about Ariad to sort through some of the other seemingly cheap stocks in this beaten down sector--what about GENE, GLGC, CRGN, dont know, have not persued these older ideas as much as I could.
I do like to pull up the detailed quotes for my GT watch list, just to see the charts and remind me of the marketcaps. I have a general idea which companies are likely to disappoint in the short term and see their marketcap whacked, and which simply cannot go too much lower and are more likely to see an upward spike on any good news.
I would like to be in the mode where I had a batch (of aria) which had been paid for...instead of embarrassing myself as I run from thread to thread tugging at biogurus' shirtsleeves for attention on this one. And for sure, my notion that somehow ARGENT can be paired with various CTL therapies and will evolve into a very broad, valuable platform is not a very educated guess. It is a guess only marginally better than the guess you make in Vegas as you sip on your free drink, and tell the dealer--Hit Me. |