You guys are such a joke. Before Zack changed the rating, you guys had said Zack must know something with a Buy rating, and now after a Sell rating, another explanation is "The Zacks.... Just Simply Saying What Takeda said days ago." A tongue has no bones, so it does not matter whether a news is positive or negative because you guys always have plausible answers to make it positive. More pathetic than bashers!
This is what makes this board so fascinating at times. I don't think I've ever seen a group of people spin EVERYTHING as a positive as the people do on this board. It seems no piece of bad news doesn't get spun as a positive in some way. I bet if AFFY filed for BK that would be spun as a positive too.
This is old news from a couple weeks ago. It is no surprise since O is still off the market here, why would they continue with the application in Europe until there is some resolution to the investigation in the U.S. Also the research report from Zacks has Takeda ranked as a sell, not Affymax as GWP stated. Would like to know though why so many have covered their short positions recently, if as GWP has stated repeatedly, they all believed AFFY was going to declare bankruptcy soon there would be no need for anyone to cover their position. Just wondering.
Retail cannot short AFFY. Wonder why there is short covering? I owned 940 AFFY $2 in the money put contracts. When I took assignment on June 24, TD Ameritrade required me immediately to close my newly created 94,000 share AFFY short position. Does this answer your question, at least in part?