Ariad Pharmaceuticals Inc fka ARIA

[vidpok45]

What is driving the rebound the last two days? The meeting was good, but little was revealed that wasn't already known. The need to raise funds hasn't changed, although there was the suggestion that Berger alluded to an alternative (other than dilution) source of cash being explored. Was that enough to restore a positive sentiment or was it something else? Perhaps this is nothing more than a reaction by bargain hunters who realize that ponatinib alone is worth more than 20 dollars. In any event, whatever caused this change, it certainly is refreshing after a long period of malaise.