you sound much better i'm glad that you still own
your input is allways welcome. I'm
sure if you poll everyone on this board they would
agree that your posts are welcome. Stay around and have
some fun, life is to short.
Not to worry, I still have a nice position
Ariad. Maybe it was bad Karma earned for
saying I was
going to fly back east and let
the air out of
Berger's tires--or that I'd
sit in the front row at the
and scowl <g>. Part of life--I
as upset yesterday as the day my Cat
It's only money, and after a few weeks off
mental reconditioning and I'll be back on
threads, other ideas. I'm already looking...
do better without my all to frequent
anyway. I tell you one thing though--it
doesn't do any good to criticize folks.
monitoring the threads and my posts would
I was finally bailing, a small bit
encouragement at the last second could have saved
me a lot
of heartache, sniffle. Of course
part of the game
is shaking out all the weak hands,
maximum pain was fifty cents--just a fluke.
definately have to take my bad vibes
away from here. If
anybody wants to chat by email
here is that
I'll probably pop in time to time, but the
are a better resource than I ever was--and I'm
that they'll be in a much better mood these days,
gosh, Pirkkal is positively radiant! Good luck folks.
I know we are not supposed to get emotional about
stock trading, but I feel for you. Most of us have been
there, and will be there again. Thanks for your generous
contributions of yourself and your experience on this board. I
would only suggest separating the pain from the wisdom
gained. I hope for the sake of peotic justice (2 other
things to avoid in trading) that you make your money
back on ARIA's new lease on life. -B
is not important anymore--as I said before,
new batch of folks will gradually take over
thread, probably time for some new blood
things were going badly I was a
detective, made a pretty good case at
times for buying
this one, and buying and buying--
freak events like
finally flipping out and selling
at the precise bottom
are unlikely, but it happens.
McFarland in a slightly different
universe, offset by 24
hours, is raking it in, heheh.
The best thing
about an experience like this Wall
Street cant take
away--I'll probably do better
with my next stock. The bad
things: Okay, I did
my share of useless bickering here
as well, money
makes reasonable people into fools
and we all suffer
fools badly. I just hope not too
many folks followed
my lead and bailed this past
week--now that would
really make me feel sick (although
not as sheepish
as the pessimists who typed
messages at me over on
the various SI threads these
Like a few other stocks that have
got the best
of me, a reasonably sized position is
across the felt to the side of the table
to my drink--some chips you never trade in and
batch of Ariad shares joins the likes of
Neuroscience--some stocks just refuse
to be traded...and (gasp)
even a stock from outside
of the biotech
universe--you should probably have
positions that are
investments which you can never trade.
of cash/burn. NOT only 12 months as skatefriday
Now ARIA will have the opportunity to succeed
or fail based on its science. As a biotech investor,
we can't ask for much more than that.
Some of you
may remember that I wrote roughly 6 months ago that
ARIA would be sold to HMR. I was generally laughed @.
Well @ least I was 50% correct. The 2 companies could
not come to an agreement on terms for the entire
ARIA is now only trading @ about half of its cash on
hand. This is CRAZY! Not only is their science valued @
zero, but so is half of ARIA's cash. This stock will
continue to go up.
In addition, there will be a big
gene-therapy partnership announced later this quarter.
Percentage-wise ARIA will increase dramatically this year.
Most importantly, this deal gives the company
enough money to pay for Berger's dismissal.
sorry about your misfortune. You shouldn't listen to
your wife! Why don't you consider buying more? After
all, how much do you think Ariad should be worth with
the cash influx and ARGENT?
24 hours, but I think the stock price still
doesn't reflect how good the news was. Yesterday, this
company seemed to be broke; today, it's not (at least for
a year or so). That's great. Moreover, this news
gives Ariad time (maybe even enough for current
management) to find partners to develop ARGENT.
is now a company that has a good deal of cash (at
least for a biotech), splendid pre-clinical results
that seem to be applicable to several indications that
are presently multi-billion dollar markets, and the
breathing room to make some good deals. One part of its
technology (the dimerizer) has passed phase I.
million seems like a low market cap for all that.
Nice to get some sympathy--I even
slightly guilty spammin' up the thread
with this stuff,
hehheh (that's a forced
laugh...hard to laugh at
It's really such a pathetic story it's
No, there is a lesson in
here--never take too
large a position in any one stock, as
as you may try, emotion gets in the way of
trades, you move your stops around, you
yourself, you double down--every mistake
in the book.
And then one day you snap, and
the Wall Street
boogeyman gets his cut.
What a shame...a whole box
of articles, annual
reports--and literally every
snippet of stuff I
could find off the internet on this
all boiled down to a hard lesson on how
work against you, a rough deal.
1. Don't fall
in love with a stock, she'll only
heart. 2. Don't move your stops.
3. Only play with
house money (crap! half the
house money is
gone--maybe I'd better quit now?)