WHY WHy WHY...3 up days and company decides to stop the advance; will they succeed? @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
There is absolutely NOTHING NEW in the latest 10Q just a regurgitation of the same garbage this incompetent man agent who seem to also have ulterior motives and always want to crush the pps.
Just look at the timing of the release of this latest 10Q !!!
The stock more than doubles over a 3 day period but to this stupid and corrupt management the advance is intolerable and has to be STOPPED and hence the timing of release AH of what they've kept up their sleeve which clearly contains nothing new.
Funny thing is that this was a predictable move by this GANG. From day one when they VOLUNTARILY recalled Omontys over a meager and not so uncommon 0.02% ( or 3 in over 25000 usage) it is been obvious, and many retail investors, doctors, and analysts have said so, that something fishy is going on with this management.
If you notice they keep quite while the stock is tumbling for lack of any pr but whenever it seems to finally find its footing and begins advancing there comes a pr designed to cut the legs from under this stock.
Could it be that they are not satisfied how many shares on the cheap their master, Takeda, and their other bosses have accumulated yet?
Takeda and their puppet Affymax know very well that in the light of baseless reason for which they pulled O as well as billions in potential royalties in future years that NO US BK JUDGE will even consider a bk application so they are trying to buy the company on the cheap by first accumulating all the shares they can before announcing the buy out. However to their disappointment the institutional investors that hold over 80% of the shares have refused to sell hence such desperate management moves such as timing of this latest pr.
Lets call their bluff and hold on to our shares and if we can afford it lets add on any dips.
Shabamoon: I hate to break it to you, but the entire float of a stock doesn't get churned (bought and sold) in 3 days UNLESS the institutions and funds that are holding it are buying and selling. You're blaming the wrong people. If you want to blame someone, blame the P&D artists at all these hedgies and funds that own shares of AFFY (some from WAY higher, so they understandably want to curtail some of their losses). If you were smart, you'd do what they were doing and play it on its way down, and play it on its way up, both for a profit. But I guess you'd consider that unethical. What do you people think you're trying to prove? Are you trying to prove your conviction and trustworthiness to pieces of paper? THE ONLY REASON TO BE IN THE MARKETS IS TO MAKE MONEY ... PERIOD!!! If you can't accept that, get out.
A.......I'm glad I sold yesterday at 1.81
B......You really have to wonder if these guys want to pick up more cheap shares for a reason.
C......I thank them for a better entry place.
D......Best to all. This is a rollercoaster ride.