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Affymax, Inc. (AFFY) Message Board

  • jagan1961 jagan1961 Aug 9, 2011 3:01 PM Flag

    Fund houses won't reiterate a buy unless assured!

    For the 3rd time both Auriga and Baird gave their testimony to this company.

    They talk to the management before doing any PR and advice.

    I found it very interesting, both despite the low PPS, reiterated their 10-12 targets.

    A buyout @12 is not ruled out here.

    GLTA LONGS!

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    • "mixed shelf" has to do with the registration of securities with the SEC. When a company does a "shelf registration," they are registering securities to issue at some future, undetermined date as needed from time to time, saving them from having to update the registration statements every time there is an issuance of securities covered by the registration. A "mixed shelf" is the shelf registration of different types of securities, such as a mixture of debt and equity. One could do a mixed shelf of common stock, preferred stock, and convertible debt securities, up to an amount specified in the registration

      And yes Mr. Dingle I saw that time to time also!

      (and now is not a good time so they'll wait for the price to increase....actually now I realize how smart they are cause everyone can pick it up cheap)

    • Do you have a garage? Did you put shelf(ves) in it? LOL, that is what Shelf is!

      GLTA LONGS!

    • try insider.com, I couldn't find it on the website or SEC!

      Affymax (AFFY) Files $100M Mixed Shelf

      Affymax, Inc. (Nasdaq: AFFY), filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to $100 million of Common Stock, Preferred Stock, Debt Securities, Warrants, Units, or any combination thereof.

      .........and notice they say "from time to time"

      So that means a free 2 points if it gets back to where it was for the last year!

    • what is "the shelf"?

    • why would they dilute when they have $4 in cash now?

      And at these prices?

      I mean I'll have it too!

    • jagan,

      when was the last time a company like affy was bought out? no one wants affy!

 
AFFY
0.177+0.002(+1.14%)Sep 12 3:12 PMEDT

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