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Affymax, Inc. Message Board

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  • jtechkid1969 jtechkid1969 Nov 2, 2010 10:56 AM Flag

    Time to sell the company for cash (+)

    I have no clue and its risky and scary with all biotechs. However, the comparison with BIOD is a complete joke- Biod had complete red flags in their trial for awhile and everybody on the street knew it. Affy today based on there trials is completely different BIOD.

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    • "Biod had complete red flags in their trial for awhile and everybody on the street knew it. Affy today based on there trials is completely different BIOD. "

      The Street is currently pricing AFFY shares at an even more skeptical level (given the strong balance sheet and existing partner of Takedathat AFFY enjoys--BIOD has neither a partner nor a strong balance sheet) than it is BIOD, even post FDA rejection!

      So I would be concerned about crediting the Street's assessment (or your own) of AFFY "based one there (sic) trials" being on a completely different "street" from BIOD in regard to its treatment at the hands of the FDA.

 
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