Thread: No science in this post, but it is in regards to Ariad, so thought I'd post it.
Interesting activity in the warrants today...I am not going to sell any more of mine now so it sure isn't me--and besides a bunch went off at the offered price of 1/4, hmmm, and even as aria itself sagged today.
I re-established a second third of aria at 2 1/16 --basically with the money I was able to get out of some of those ariaw's a week ago--the warrant "position" trade was basically a wash.
fyi on the surge a week or so ago I sold a "third" at 3 5/8 and repurchased a buck lower. Unfortunatly I blew about a quarter of my profit playing with level II one day, and not doing so well, took a 1/4 point hit times 2000 shares, sigh.
Hey I am only talking 1000 shares for a "third" for me, so I am not making much off aria, but not bad trades I think. Hope this post has some information for traders of aria which is interesting. Sorry I don't have any science stuff to post--oh there was a nifty thing I found today, posted it on the TGEN thread, something to go read. Message 7166996
--MM |