Ariad Pharmaceuticals Inc fka ARIA

[vidpok45]

I am surprised at the enthusiasm on a very small bounce from the bottom. All this crap about Pfizer's buying the company is based on a rumour from the very sketchy firm run by some girl named Sierra without substantive investment credentials. Then the 10 million share buy is a good thing but one can only wonder how much they made on the way down...probably more than they are betting on the way back up. Personally I would like to see buyout ASAP but not by giving it away. I hope the company would not consider anything under 8. I'd like to see 10-12 which would be good for everyone and fairly restorative for the longs who got killed recently by the takedown. Nothing would surprise me now including the FDA completely taking iclusig off the market. EPIC patients without prior vascular events also had problems so clearly Iclusig is useful strictly as a drug of last choice unless long term studies show efficacy and better safety at lowered doses. I expect studies at 15 and 30mg doses but that will take years which we don't have. A big pharma can get the studies underway immediately and they are probably just trying to figure out what they could get if an eventual 15 mg dose is safe and effective in a first line setting which may be possible at some point for newly diagnosed patients but that will take a long time and Ariad can't fund those studies alone. Partnering for pona is a real possibility and would allow Ariad to move forward with 113 and whatever else they have left. I'm sure that's what Berger is trying to negotiate now, a partnership as opposed to a buyout. i would much prefer a buyout altogether as I am totally disillusioned with management and could never believe what they tell us again. I am sure I'm not alone in this regard, Anyway I think we will know a lot more on Nov. 6 th. I still would not be the least bit surprised to see the FDA dump on Iclusig even more before then and possibly revoke it altogether.