Let's be patient adults here.
I would love to see a buyout at above $20 next week like the rest of us but Let's think about this realistically;
Some of these business partners have probably been discussing various possible arrangements with Ariad from well before the "crash in a flash" . IMO Ariad is a great buy for many reasons (that seem to be incomprehensible to many of the hacks and amateurs that claim to be "analysts"). I won't repeat what I've already posted several times. These kind of business deals take months at the minimum and HB is not likely to chose the first deal, rather he would wait for the "best" deal presented.
Perspective: Initially we thought that FDA remediation of its hasty decision from October could take as much as 6 to 18 months. So we were ready to wait...
Well, FDA responded in a "Flash" with the new label request coming in only two months (wow!) due to pressure from patients, doctors and the speedy response from Ariad (and I assume from the review of the SAE data correctly, second time around).
Being its blazingly fast and capable self, Ariad was able to print and package enough drugs with the new label to restart commercial sales in mid-January, as promised public ally (notice that Ariad ALWAYS meets its public promises, unless external forces beyond its control are at play)
Last week Ariad was able to close on a partnership with an Australian drug company to market and distribute Iclusig in Australia, something that was in the works probably for months if not longer, showing that even after the October event, Ariad was able to maintain its credibility and good business relations with a new partner to reach a mutually beneficial business agreement (would this Australian partner continue negotiating with Ariad if they felt that the was a "bad use" of their time and money or if they had doubts about the demand for Iclusig, or about Ariad's ethics, abilities or longevity? I think not!)
So we are still months ahead of our best-case scenario from October of 2013. ANd, personally, I think that we are doing great! Just wait patiently as the continued good events continue to transpire throughout 2014.
