Fair enough, I was just looking for opinions and didn't find anything he said ludicrous, he just seems to be pessimistic about the outcome, which seems fair. Another poster recommended I read Max's post, and those seem to clearly present the alternative long theory. Clearly this stock is far from a sure thing, and I'm sure there are reasonable arguments to be made for both outcomes, given that nobody has all the details to be 100% certain.
I did take a small position this morning. Far from jumping into the deep-end, but I got my feet wet. GLTA
Not exactly. 1. FDA must allow O to return to market. 2. Takeda must then decide to actually return O to the market. 3. Both 1 and 2 must happen, as AFFY discloses "SOON" or "IN THE NEAR FUTURE" otherwise it cannot survive.
Thanks for the response. Just to clarify the latter half of #3, were you stating that AFFY is expected to announce the results "soon" or "in the near future" or that AFFY must have this situation resolved in the near future in order to survive? In addition, if the FDA allows return to market, what is the argument for Takeda declining a return to market? I imagine I'm rehashing questions that have been addressed previously on this board, so if there is a good post or two on it, perhaps the author can bump it.
Thanks for the help, appreciated.