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Ariad Pharmaceuticals Inc. Message Board

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  • timothyc121855 timothyc121855 Mar 16, 2012 9:38 AM Flag

    I don't know what to do now

    This is not a huge surprise. Institutional investors are long the stock for ponatinib---where ARIA owns 100% of drug for CML ($ 5 billion opportunity worldwide) where the data suggests that ARIA is best in class. This announcement relates to the product licensed to MRK---where it would have been nice to see positive data but not that big a story & much smaller part of the valuation story. The shorts will make noise on this news but institutional players involved in ARIA will buy up the sellers.

 
ARIA
6.22+0.06(+0.97%)Aug 29 4:00 PMEDT

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