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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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From: Vidpok13/10/2016 12:12:30 PM
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The disparity between the IBB and Ariad continues to widen. The IBB is off the low by 6 percent while Ariad exceeds the low by 46 percent. The only thing to explain this widening differential is to assume that while investors continue to avoid the "risky" biotech sector in general, apparently investors understand the compelling potential for growth for Ariad under the new regime. One can extrapolate where Ariad will be once the biotech sector gains some traction which hasn't really been in evidence yet. It isn't a stretch to see Ariad back in double digits when the sector returns to its former state of grace among investors which it undoubtedly will at some point (within the next few months I would think). Then the talk of a buyout in the 20s will inevitably (correctly) return.
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