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Affymax, Inc. (AFFY) Message Board

  • shabamoon shabamoon Apr 12, 2013 7:27 AM Flag

    Bottom is finally in; Up we go from here.

    Yesterday's bounce from .62 all the way to 1.20 and closing near the day's high at 1.12 along with the agreement with Takeda nullifying any possibility of bk while clearly stating future potential revenues was a sealed deal for the very bottom.

    The agreement should have caused the share price to jump and skyrocket but initial misinformation and distrust of the CEO along with the final sentence of the PR, again repeating bk, held the shares down to near break-even. The only news piece about the agreement also put the bk on its title. Despite all this break-even may have been a major initial victory for the longs but the shares will eventually skyrocket in order to reflect all the great news in the agreement.

    Sentiment: Strong Buy

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AFFY
0.091+0.0010(+1.11%)May 29 3:07 PMEDT