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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST
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From: Vidpok12/26/2016 1:46:34 PM
   of 4474
 
Since my recent post we are up about 20 percent from our low in the 4's. Either PP's
presentation was well received, or we are up with the IBB (disproportionately as it is up about 8 percent), or a combination of both. Denner is likely buying as has been suggested which is very bullish for the company. As I said, I like PP's style which was direct, on point, and quite the opposite of Berger's often hesitating and forgetful ramblings. It appears the world's oil producers have had enough of cheap oil and that should be the impetus for an improved macro environment which is certainly what brought us down since last summer. I wouldn't be surprised to see us back to recent post crash levels within a reasonable time frame and perhaps higher upon hitting the catalysts which are ahead this year and next. I think all the talk about a buyout under 10 is very much lower than what we will ultimately get but time will tell.
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