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Affymax, Inc. (AFFY) Message Board

  • curtis238@aol.com curtis238 Jul 17, 2013 2:14 AM Flag

    Jagen, Tom, Maxdad!!! What's the plan?

    What's your thoughts about affy? You thing another month till news? Can news be bad? Im in 30k and want to add more. I've researched as much as I can!

    GTLA longs!!!!

    Sentiment: Strong Buy

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    • Curtis,
      What is your extensive research telling you. It is difficult, if not impossible, to meet a person if one does not know where they are. The ones you called on for additional opinions have plied this board with concrete, truthful answers to your questions. What have they missed that you need?

      Sentiment: Strong Buy

    • Patience is required until this is FULLY RESOLVED, which means Omontys is restored to the market AND all negotiations have been completed. These negotiations include those between Takeda and Fresenius (especially this one since it is most likely what is taking time...as a battle between Fresenius accepting blame (and HOW) and Takeda working to maintain a business relationship with the largest dialysis organization in the US), Takeda and The FDA (VOLUNTARY RECALL, but Takeda out of caution will make sure that The FDA is fully on-board) and then ultimately Takeda and AFFY shareholders (currently being between Takeda and AFFY Board of Directors to maintain integrity of ALL actions being pursued).

      I had been told in mid-June that a $12 offer was "on the table" and that it would take about 4-6 weeks. That was ALL I know then or now, including NOT KNOWING who had put that offer on the table NOR having perfect confidence in the time frame. This was provided by someone who is NOT an insider but certainly in a position to have a good sense of what was going on. I certainly wouldn't take what I shared as sacrosanct and I said that these kinds of situations ALWAYS take longer than anyone thinks they should. However, independent of any of this (whether one chooses to accept or not), is that I truly believe that Takeda's investigation is over (or damned close) and that they've been in a very complex negotiation with Fresenius over what I have discussed above and many other times. As such, I personally believe that all of this will be wrapped up over the next few months and could be as early as any day going forward. We will all wake up (or go to bed :-) with news of the fate of Omontys and what will remain is just how much Affymax is worth.

      • 1 Reply to maxdad01
      • curtis238@aol.com curtis238 Jul 17, 2013 11:33 AM Flag

        Thanks max! Always good to have an update of where everyone is standing. You seem to have done your research here. This is more new to me since I've always been a swing trader and sometimes day trading. I've lost a lot of sleep doing that so I've enjoyed this patient affy trade. Even though my average stock price in kinda high at 1.50$. But I'm hoping to see 10$ by end of year. Thanks again

        Sentiment: Strong Buy

 
AFFY
0.150.00(0.00%)Sep 30 11:03 AMEDT

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