"When I realized the sheer amount of light the superflare emitted, I sat looking at my computer screen for quite some time just thinking, 'Whoa.'" - Parke Loyd, Arizona State University.
"This means that we're looking at superflares happening every day or even a few times a day." - Parke Loyd, Arizona State University.
"Flares like we observed have the capacity to strip away the atmosphere from a planet. But that doesn't necessarily mean doom and gloom for life on the planet." - Parke Loyd, University of Arizona.
"I don't think we know for sure one way or another about whether planets orbiting red dwarfs are habitable just yet, but I think time will tell." - Evgenya Shkolnik, Arizona State University.
Sources:
Arizona State University Press Release: "ASU Astronomers Catch Red Dwarf Star in a Superflare Outburst"
Research Paper: HAZMAT. IV. FLARES AND SUPERFLARES ON YOUNG M STARS IN THE FAR ULTRAVIOLET
Wikipedia Entry: Red Dwarf
NASA Press Release: "Superflares From Young Red Dwarf Stars Imperil Planets"
NASA Press Release: "Flares May Threaten Planet Habitability Near Red Dwarfs"