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Affymax, Inc. (AFFY) Message Board

  • option_out option_out Jun 29, 2013 2:19 AM Flag

    Orwin Automatic Sale

    It sure doesn't look #$%$ good but it's just that, an end of quarter automatic sale. I wouldn't read too much into it, he probably set it up prior to the recall. The numpty still has 76,666 shares. If he knew it was going to zero wouldn't he sell them all?

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    • I wish that he would sell them all. The guy has become a tumor in the side of the AFFY investment community. I certainly don't expect him to do anything that will benefit me as a believer in the story here, anyway...

      Why are people here getting all worked up over what is more than likely an automatic sale? Here's a funny thought... Maybe The Brenner Group is forcing him to unload his position in AFFY before the decision regarding the fate of OMONTYS comes out as part of the terms and conditions that they laid out for him... Did it ever occur to anyone that John Orwin might not be happy at all about what TBG is making him do right now? Wouldn't that be a form of justice for the AFFY shareholders? LOL.

      Sentiment: Strong Buy

    • If he sold all the shares and bad news comes out, he'd likely charged of insider trading. Still I look at his trade as a bad sign.

 
AFFY
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