It appeared early that things were getting better, seems it could not get much worse. Other than an Adam F. beat down article, what more bad news is in the near future? I have been waiting for the move back over $3 but each time down it goes. Again, what caused todays drop?
Next 6 months European sales.....next 9-12 months sales will resume in US. The doctors that are going to present at the upcoming conferences are PRO Iclusig and will present their studies and data collected. Ariad will also try lowering the doses and supplementing the drug with other drugs to minimize the dangerous side effects.
I think this stock will hit $35-40 in about 15 months.
probably that the drug won't be on the US market for almost 2 years. the company said "temporary" hold but someone needs to explain the definition of temporary to them. In my opinion, that's like 2-3 months max.