The last couple of days drive home the point that a buyout is more likely than not. All of you folks that think it impossible might want to keep a more open mind. Ariad's reality is written in pps, always has been.
The data from ASCO will not be some sort of miraculous boost to pps, now $7 or 8 or 9. It may go up some. Maybe not, maybe the opposite. All the other positive indicators (hiring) are meaningless, as we have so painfully learned. If financing becomes truly hard to come by, a bidding war takes us up and out. $15 is more than a double from here. I would love for it to be more. Nobody here has justified more yet, except to just say it or point to all the Iclusig indications. Those inds are too far out to really help much.
And Denner, he's making millions already. A buyout gives him a bunch more. It also gives him an exit strategy.