Posted by BRIGGS:

Posted by Nalod:

Posted by BRIGGS:

[quote]Posted by Nalod:

Its been a tough Briggy day!

I doubled up on Aria at 1.82 from 2.64.

Took a small profit on a portion of Immu 2 days ago (was up 65% in two weeks), put it back in and then some today.



This was set up for a pipe. I thought it mightve been--not to worry--this will be back up there in due time and beyond. Sometimes it takes more than 5 minutes to materialize. These things can have very rapid movements.

Thats why I did what I did!

Got to sck it up here for a few months--diluted shares. I talked with IGOI CEO last week. I originally bought @ .54 and after the conversation added another 30k shares on Monday. I feel as confident as I can be that it will take off by years end--my goal is 3-4.00

Briggs.. just to let you know. I took out my initial investment of IMMU and just ride the profit that I took in - that was a great call on your part.

I think I'm going to ride your hot hand and use the initial investment that I took from IMMU and pop it in igoi.

Thanks for the update, much appreciated.

ARIA - very positive and informative article on Seeking Alpha by Justin Hall. Briggs, what are your thoughts on this article?


http://seekingalpha.com/article/156163-ariad-pharmaceuticals-significant-catalysts-approaching

Ariad Pharmaceuticals: Significant Catalysts Approaching

In the coming weeks, Ariad Pharmaceuticals (ARIA) is expected to announce the first interim analysis for the Phase 3 trial for ridaforolimus (rida), an mTOR inhibitor therapeutic indicated for soft tissue and bone sarcomas – aggressive, less common cancers that attack healthy connective tissue.

Based on my analysis of past outcomes from other successful cancer drugs, I am willing to wager that the Phase 3 results will confirm that rida is a safe and effective oral cancer treatment.

From all existing data, there is a high probability that rida will obtain FDA approval after initial review.

ARIA HAS THE NECESSARY COMPONENTS IN PLACE TO SUCCEED......

CONCLUSION
Investors should avoid getting distracted with other trials and remain focused on the current Phase 3 rida trial.

With positive interim Phase 3 results, shares of ARIA are highly likely to move higher.

Factoring that ARIA’s collaboration agreement with MRK is valued at or near $1 billion, I would not be shocked if MRK makes a move to acquire ARIA at some point in the not-so-distant future.

Closing with this thought . . .
The patent privileges associated with an orphan drug once approved should be especially attractive to MRK. Rida was granted orphan drug status for the soft tissue and bone sarcoma indication.

I just bought some shares this morning!

[Edited by - markji on 08-17-2009 09:10 AM]

Briggs, Aria is a great call. It is starting to move again with a lot of action. 10.9 mil shares traded today. About 6 times the avg volume.

Aug 17 NEW YORK (AP) -- Shares of Ariad Pharmaceuticals Inc. rose on Monday even as the broader markets fell after an analyst said the company's lead drug candidate has good prospects.

Bret Holley of Oppenheimer initiated the stock with an "Outperform" rating and a $4 price target, implying he expects shares to more than double from Friday's close of $1.95.

Phase 3 SUCCEED Trial Moves Forward

http://seekingalpha.com/instablog/353266-justin-m-hall/27369-ariad-pharmaceuticals-phase-3-succeed-trial-moves-forward

Going in the right direction but wake me up when it's 8-10 bucks

hope this thing starts to fly

Its nice to be up for a day butsometimes the real money is positive momentum for a period of months and years.

Posted by BRIGGS:

Also a profit is a profit whether its 20% or 1000%--it's your money--I only gave the warning on that CMB stock but it's up to one's self when to know when to fold em and when to hold em. if 20-or 30% make you happy and accomplish a goal--that is a key.

Sage advice, Briggs. Patience is a virtue ....and ...something I need to learn.

"You never count your money, while the cards are on the table.
There's time enough for counting, when the dealings done."
Cheers!