You need to analyze your situation and act upon that. We do provide enough info, the PROS and CONS and the risks involved.
We longs anticipate the Drug is coming back based on the facts known to us. I said many times, it is Takeda doing the Legwork and they paid close to 600 MLN $ to AFFY and on top they spent their shares portion for marketing, FDA processes .etc .etc.
Takeda has 1000's of folks working on various levels and they decided to take over the administration, I've faith in them.
WIll I lose all my investments, yes I may, but for me that chance is very very remote!
Sentiment: Strong Buy
The Drug efficacy is proven
The Drug is a synthetic peptide, easy to manufacture, store and administer and cheaper to manufacture.
Voluntary recall, Takeda had the option to continue administering the drug for those patients who didn't have any issues and responding well (25000 of them)
Once a month administration. The Overhead is not very high, they did contract manufacture the drug, probably they might take it upon themselves to control the drugs manufacture.
They are not walking away with these facts, it will come back to the market!
That is why we placed our bets and waiting for the outcome!
Sentiment: Strong Buy
Thanks everybody. Feel much better, I forgot about the unexpected binary event. Besides DANG is banging the bucks in the bank. 1 week, 1 month, Christmas? Who knows? I'll sit tight for AFFY grand news. GLA.
Hope you have a small position. If AFFY.Q comes to effect, you might see 20 cents from one day to the next. Thread lightly, and don't allow the pumpers on this board to convince you with an OTC stock that is good as worthless.
If you're wondering if it will go lower, it's likely. There's no buying pressure so they are walking it down. They threw a downgrade out there to try and get more sellers, I guess SA Alpha Exposure has run its course. It may just bottom out here but IMO I don't see much happening upside for another week.
Silly question. You have people here who can make a case either way. The truth is nobody knows. O comes back and you win big. O doesn't come back and you lose big. If you can't live with that fact you should probably have your money in a bank.