What a shame this self-proclaimed health care lawyer is:
First, he started with the rhetoric of AFFY filing BK in the near term. Beat the drum day and night for almost a month.... He had predicted April 14, July 6 and lastly sometime in October for their BK filing dates... I don't see him bringing up BK rhetoric anymore.
Second, he started this rumor of AFFY long gone before Takeda ever brings back O. According to him, AFFY did not have the cash to persevere through this ordeal to restore O.... I don't see him complaining about it anymore.
Third, when TBG was hired, he started this rumor of TBG being hired to help them throught Chapter 11 proceedings. I still remember his 24 cents valuation of the PPS in case of Chapter 11 filing. Instead, TBG came and cleaned the house and cut the monthly expenses to a bear minimum so AFFY can stay much longer than required.
Now, his comparison of O with other drugs with unbelievable statistics are just absurd. Being a health lawyer, which I don't believe he is, but he claims he is, he should know that the death from anaphylactic shock inside a hospital is termed as malpractice. Fresenius should be responsible for all the deaths caused by O for not following the black label by their medical staff for the reaction during first-time use of this drug.
I have been watching this guy for last six months, have found him copying and pasting articles from internet and always tries to compare apples to oranges to twist the facts.
I have a firm believe that he works for a hedge fund trying to shake retail investors to sell their shares so they can buy them cheap and sell it for much much bigger profits.
I wish you guys can see his posts since March 18, 2013 to realize how annoying he becomes on occasions. But be patient LONGS, we will be rewarded for our patience with AFFY, GWP/TGC and all the bashers on this board.
Now he thinks Takeda is like him, he is cheating LONGS and thinks Takeda will do the same with Affymax. Is this your last shot GWP/TGC. Give it up man !!!
Your lies and distractions are now hilarious, to say at least.
I think he assumed a straight line path from the trajectory things were going. But companies will zig and zag, although that doesn't necessarily change the outcome. I don't think he is a fraud any more than some of the posters continuously trying to drive the stock price higher.
And maybe he's beating his chest a little now that the stock has gone down.
If you are long just because a stock is going up doesn't make you right any more than the converse- unless you are a daytrader and then your p and l says whether you were right or wrong.
We'll find out in the end who had the better perspective although I do think that stating that things have 95% probability of happening is not justifiable.