First, these YMBs are full of trash posters (mostly teams of paid bashers, short pukes) so you cant blame smart people for Not posting or even coming online here very often! Like so many other SMART investors (not penny scalpers) I've been busy with about a dozen other great stocks like QCOR, RMTI, ARIA and others and really dont have the time to play stupid games with GWP and Grey #$%$ as we all wait for the news from Takeda to appear with news of an updates REMS, and label.
I'm still in and very hopeful for the return of OMONTYS just like we just saw on Iclusig (see ARIA news)...and was $2.00 folks...now $9.00 and going much higher in 2014 IMHO.
I plan to open a new account on Monday with another broker to go long AFFY. I cannot go long AFFY at TD Ameritrade while I maintain a sizable short position. I believe EXP and his cohorts are about to start another AFFY pump and dump. I am not so naive as to hold AFFY for the "big payout" upon the return of Omontys which is not going to happen, if ever, until after AFFY goes BK. Nonetheless, I am not one to forego profits on a classic pump and dump orchestrated by EXP and Maxdad.
Thank you for dropping by, it's nice to know you are still holding - I am also still in with 102k shares and quietly holding ... QCOR, BOFI, CMLS have been more rewarding to date but I am firmly dug in with AFFY and awaiting definitive news. At least that putz johnkelly$&:@?! does not post on this board although we do have one or two trying to fill his shoes ... good luck with your investments, should be fun next week with QCOR
Do you know anything about the lawsuits pending? Some have stated that two out of three of pending assertions against the company were thrown out by the judge with one being allowed to stand, and I have been unable to corroborate this. As well as when any trial may start at this point. Thanks to any and all who might offer some enlightenment on this.
Read the order which has been posted online before. The judge, in fact, did dismiss 3 of the 4 allegations of fraud, All it takes to recover for the plaintiff shareholders is just 1 proven allegation of fraud. The judge opined that Orwin's assertions that Omontys allergic reactions were similar to other ESAs appeared to be fraud, in fact, given the numbers of patient severe allergic reactions and deaths which were out of proportion for the numbers of patients treated. The securities class action liability ougt to overwhelm any insurance coverage AFFY may have since the liability is in the large hundreds of millions.