After spending some time deciding between two companies, Ariad Pharmaceuticals and Brasil Telecom, I finally made a decision. I had been observing the grow of these two companies as well as reading the latest news about them on regular basis. They were both pretty interesting to look at because of their lower price and potential increase in value. Eventually, I decided to put the rest of my money, which was about $200 into Ariad Pharmaceuticals.
Even though Ariad Pharmaceuticals Inc. is relatively a small company, it is very well-known for their production of cancer drugs. The value of ARIA stocks started to rapidly decrease at the beginning of October. During the next few months, the price kept being very low.
I believe that if I buy ARIA now, I will make lots of profit out of in the future since it finally started to rise in value. Plus, as a pharmaceutical company, there is always some progress in production of drugs. Therefore, I assume investing the rest of my money into ARIA will be successful!
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