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Affymax, Inc. (AFFY) Message Board

  • godwinpeak godwinpeak Sep 14, 2013 3:48 PM Flag

    AFFY Insiders Are Clueless

    They just do not understand how seriously undervalued AFFY is at $1.50.

    Latest Insider Trades

    08/28/2013
    WALKER JOHN P
    Open market or private sale of non-derivative or derivative security
    Shares sold:
    16,040
    Share price:
    $1.92
    Trans. value:
    $30,797

    08/28/2013
    WALKER JOHN P
    Open market or private sale of non-derivative or derivative security
    Shares sold:
    500
    Share price:
    $1.93
    Trans. value:
    $965.00

    06/27/2013
    ORWIN JOHN A
    Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3
    Shares sold:
    16,334
    Share price:
    $1.02
    Trans. value:
    $16,661

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Actually it is "Holders" of "Short Positions" that are clueless! Go back and do some DD at the NSDAQ web site... I'm am sure you and anyone else that cares to look will notice that Orwin and 3 other insiders (least ways considered to still be insiders) are still holding.....

      Sentiment: Hold

    • Indeed... they don't. And you don't understand either...

      Walker John P bought 16540 shares on dec 19 2011.... If he was such a genius, why did he not sell when AFFY was at 25-27 dollar... Or before AFFYrecalled Omontys? Think about it. Do you think he is or was worrying about those shares.

      Orwin John A... Even sold shares the day Omontys was approved... 27 maart 2012 sold 8200 shares at 15.2 dollar. (why not wait a few more months) He even sold 48996 shares at 17.5 when the PPS of AFFY hit at 27.5 dollar high 2 months later. Orwin John A. sold a lot of shares whenever he wanted. It was never realted to any upcomming events. Just like it is now.

      What's even worse... If you think these 2 top managers are selling on insider info, you are a fool... They can go to gail for that. So they did not sell beceause they know Omontys is not comming back. They just sold (maybe beceause Takeda asked them)(no insider holding or trading for Takeda).

      But he you only think in favor of your short position. gltu you will need it.

 
AFFY
0.147+0.0010(+0.68%)11:28 AMEST

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