Mon, Dec 22, 2014, 3:16 AM EST - U.S. Markets open in 6 hrs 14 mins


% | $
Quotes you view appear here for quick access.

Affymax, Inc. (AFFY) Message Board

  • godwinpeak godwinpeak Sep 3, 2013 12:10 PM Flag

    Some of my short thesis

    I am short AFFY. Anyone who follows this board knows this. My short thesis is not predicated on O never coming back. It may, in fact, come back. AFFY says O must come back IN THE NEAR FUTURE for it to survive. I just do not think O is coming back, if ever, soon enough to save AFFY.

    O was "voluntarily recalled" in collaboration with the FDA. The FDA now must consider the O patient deaths (12) and adverse incidents (98) as something that needs to be explained to its satisfaction. To me, it is as if the FDA has issued Takeda/AFFY a complete response letter to O's NDA and Takeda must now satisfy the FDA. I believe it will take at least a new O safety study and time that AFFY does not have.

    So to me, it is not just a "binary event". The question is not just is O ever coming back. The question has more to do with how much time does AFFY have on its side.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
0.127-0.0035(-2.68%)Dec 19 3:29 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.