InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,543.22
(
1.61%
)
US TECH 100
19,000.00
(
2.65%
)
Dow Jones
40,563.06
(
1.39%
)
Brent Oil
80.27
(
-0.27%
)
Bitcoin
58,392.35
(
1.48%
)
Post# of 80490
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

BTH

Send PM Follow Ignore
Followers 16
Posts 4145
Boards Moderated 1
Alias Born 06/11/2010

BTH

Re: None

Friday, 06/17/2011 1:47:19 PM

Friday, June 17, 2011 1:47:19 PM

Post# of 80490
Financing coming IMO

I think we're at a level (around here) that Berger will likely float 10 million shares and get another $100 million in the bank.
Wouldn't be the worst thing.

I don't think Ponatinib partnership is forthcoming anytime soon.

I don't think an NDA filing is going to be a big "WOW" factor adding to the balance sheet.

Ariad needs to fund more trials in Ponatinib, and they need to fund the ALK trial.

And they need to keep the balance sheet large to continue attracting investors - a balance sheet of $75 million isn't a good look when you're burning $10-15 million a quarter.


Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up