Ariad was never going to have and will never have a 16 bil mc. Despite what some here might believe.
comparing revenue number and products pipeline between the twos, if someone willing to offer $16 billion for PCYC, then $4 billion (or $21/share) is a reasonable figure for ARIA
Another very interesting is short interests continue to increase even PCYC stock price is getting doubled in the last 3 months. I just don't understand their logic for not willing to cover their short positions. Given PCYC traded under $100/share 6 months ago, those 5.3 million shares shorted translated into a loss of nearly $700 millions at the stock price today.