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Affymax, Inc. (AFFY) Message Board

  • outofpocket001 outofpocket001 Apr 26, 2013 11:26 AM Flag

    Correct Me If I AM Wrong

    The only reason to stick around is because of Takada. If Takada was not involved, I would have been gone long time ago. I think Takada will do whatever it takes to get OMONTYS and by extension AFFY back in the marketplace (Black Label, reformulate, etc). This is a pure speculative play - win big and rejoice or lose and take it like a man. This is no place for your retirement funds.

    Sentiment: Hold

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    • AFFY will be crushed by the products liability litigation and the securities class action litigation. Chapter 11 reorganization is the optimal solution to the litigation exposure. How the Takeda licensing agreement will be handled, whether an asset sale or set aside for litigation claims, the AFFY shareholders will be left holding virtually worthless or actually worthless shares.

 
AFFY
0.10+0.0090(+9.89%)Dec 26 3:54 PMEST

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