This one fragment of the sentence is why there is a very big lack of interest in Ariad stock right now:
Dew and mcbio would probably agree.
Although, personally, I think Merck has a handle on whether the drug will show a statistically significant OS or a much better PFS point in specific subsets (and, I'm willing to bet its positive on both). Merck's complete lack of "speak" to the drug is why investors aren't willing to jump into the stock right now. Besides, they have until June (ASCO) to wait around for Ariad to get as low as it will go.
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