1. CEO says he is not out there looking for money (in secondary issuance terms)(and to quote him on it);
2. CEO still deciding on whether to partner EU (with decision in early Q1, according to Reuters (but then again, they have interns writing their crap)..) How many times have we heard Berger say they're keeping Europe and now Reuters is saying he told them that decision will be made in Q1? I thought he ALREADY made that decision?;
3. CEO still debating Asian partnership and will 'go it alone' in Q1-2 starting a trial in Japan;
4. CEO back and forth (which one is it), on partnering Europe, not partnering Europe, partnering Asia, not partnering Asia. Going it along, not going it alone. You can listen to numerous investor conferences and it's really difficult to even understand what direction this guy even wants.
Having said that...it's either one or the other---or not. You either partner, or you raise money. The "not" part of it is you don't do either and you're in negotiations to sell the entire company or take sell a large minority stake in the company (for some reason I do not see Berger parting ways with 100% of Ariad unless he's making $1 billion for himself). Either way, the company is going to need money...one way or the other....or not.
