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bellweather1

01/08/13 11:38 PM

#25268 RE: JJM760 #25267

Me too (also)-

But you would think that Ariad could have done us the favor of clarifying this issue publicly, and a little sooner, so that a significant portion of this selloff drama might never have had to occur.

Apparently, the issue was clarified during the breakout session, and many that were abandoning ship in anticipation of the inevitable refinancing were free to buy back in, because that issue was rendered moot.

However, that certainly didn't do us any good, which is why I feel material facts such as that should be publicly disclosed, rather than spoon fed to analysts behind closed doors.

Of course, I know how far I'm likely to get on that score,

uniform disclosure being what it is...

a joke!





iandy

01/09/13 8:46 AM

#25274 RE: JJM760 #25267

I think the 7.5% net royalties in the Ironwood deal are applied to the principal payments.
Looks like a good vehicle to me.