I received the 2500 shares at 6 dollars
The company is in a nice niche in the cardiology diagnostic studies.
Continuing to be a growth industry.
It will be 8, 10 , 12 etc. Long term great prospects for this company.
Short term issues...but in a year from now potential to be much higher..
Ariad will probably not be bought out but will announce long term partnership with a large drug company.
In the long term the future of Ariad will be fine. Long term holders will be rewarded.
Ariad has problems...
Cancer drugs ...all of them have serious complications...
In time the type of targeted cancer treatments as Ariad are working
On will become the agents of choice for cancer..
Let see what happens over the next 12-24 months.
I have a large position...all my shares are bought less then 5 dollars.
I will wait.
They are very high.
This class of drugs have a high side effect profile.
But I think the company will come back,
But it will take time.
I sold a large position last Fiday - 2100 shares at 9.48.
I have had the stock for the last 5 years...with dividend reinvestment
I did OK.
I will start re-accumulating shares when they fall in the mid 8 dollar range.
I have used this stock in my IRA.
It is a mistake to sell now...
This stock will rise another 10 dollars in the short term.
Sentiment: Strong Buy
No reason to rise.
It is not a shorting problem.
Wishful thinking leads to huge losses.
No reason to rise.
For the next 2+ years
Stock will continue to fall.
LNG will continue to need large capital inflow in
Order to succeed.
In the long term could be a great stock.
Short term this stock could easily fall below $10
For the next few years.
There are many other stocks that are safer
And have near term better potential.
Short term...the stock will go lower. Too many shares, too much debt....
And no profits.
I will wait as the stock trends down...no rush to buy.
In time, the stock will do well...but not in the short term
I will consider buying LNG below 10 dollars...it could fall below 8.
Good long term story.
Very poor short term prospects. Also no profiits, will continue to
Need outside financing.
The stock has dropped 2-3times faster than the market.
The agreement is with my thinking...
No profits, need for excessive financing, falling oil prices,
And a world wide recession worsening.
LNG will fall below 12 dollars,
Over the next 3 months risk of falling below 10 dollars.
I have stated - short term, no profits, high debt, need for financing
In a large way and a world wide recession is occurring.