I'm not a huge fan of HB myself. He has some serious credibility issues. I wonder what Aria would look like with a different captain steering the ship. I really question the timing of the dilution. The same day as the Endo news? Come on Harv, give us shareholders a break and throw us a bone once in a while. Didn't you think the news would draw some interest. The same day? Why the rush? To me it had the feel of someone trying to get outta town why the gettin was good.
I hope he knows what he is doing when it comes to the value of a 534 partnership. He has claimed there was a lot of interest in 534 and that this is how we will be funded going forward (didn't Fitzgerald say he saw no no need for a dilution?). Then BANG, a 14% dilution haircut. HB makes owning Ariad very difficult to stomach at times. Strategically, I wouldn't question the dilution if he hadn't been saying something completely different. I have wished for a buyout because it takes him out of the equation. I think he has a bit of arrogant madman in him.
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