Re: Today's announcement
When last we visited some very initial results of the Pona Phase 11 with the release of the ASH Abstract, the results were compiled with data as of July 18th and only gave us information on 3 months worth of treatment. We are now 4 months further along in the data, and Harvey did tell us that at ASH the reported results will be updated to include 6 months worth of treatment. I am fairly certain that, as of today, Ariad has compiled the results of 6 months of treatment and knows what will be presented at ASH on December 11th.
With that as a backdrop, I find it interesting that not only does Ariad announce today (which Harvey has already revealed) that the initial findings will be presented by Dr. Cortes on December 11th, but also gives us some detail about the planned Investor meeting & webcast to be held on Monday December 12th, at between 10AM and 11AM (while the market is open) I wonder what the take is on scheduling this investor meeting. Is it to?
a) Brag about the results?
b) TO attempt to sugar coat what might be otherwise conceived as less than stellar results?
c) Designed to embellish upon the results to help push the pps, for an expected dilution?
d) Announce something about the trial or drug, that is unexpected?
What's say ye?
Barry
