Advice From a Savvy Investor Who Has Made Over A Million in Biotech
Firstly note, I can spell advice. This is the most volatile sector in the entire market. Why? It is difficult to value these companies and to grasp the technology. There is vast uncertainty - in a single word. This creates opportunity. AFFY's Omontys was approved by the FDA - it is was effective with only a small fraction of negative reactions. The market for this drug is worth billions. Naked Shorters, helped by a Professional Army of Bashers has been all over this stock message board. Grey Corner and Godfraud are two of the more prominent "paid bashers." If you want to examine the posts of a doctor who has experience with drugs like Omontys refer to the postings of Raj on this thread.
In the meantime AFFY is a speculative BUY - with upside potential of over 400%.
Go ahead look at my posts and compare them to this paid pumper. I advised shorting AFFY at $16 plus per share. I told everyone to beware AFFY when it shot from $2 to $4.10 share and not get caught in the head fake. I told everyone to avoid AFFY at $2 all the way down here. I have always said (1) retail cannot short AFFY so you cannot play swings and (2) if you think you can beat the MMs by buying and selling the pennies then go ahead, and (2) you are foolish to buy and hold or hold this stock overnight. Anyday it can go bankrupt and longs will be left holding the AFFY bag. Should AFFY ever have an opportunity to recover, which I doubt, you will have time to buy any upswing. Be advised and pay attention.
Goodwinpinhead, BK is off the table and you are smart enough to know this, so please stop telling lies. Bash other stuff if you wish, but everybody here knows the new financial deal between Affy and Takeda prevents the possibility of Bk so stop making a fool of yourself on the BK lie.