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Affymax, Inc. Message Board

  • jagan1961 jagan1961 Sep 3, 2013 6:58 PM Flag

    AFFY can survive for another 18 months with available cash!

    That is the fact. Takeda and AFFY both needs to face the Lawsuits and both are Defendants. Generally the Insurance companies will do the legwork, so the thesis that AFFY will have to face the mamooth lawsuit are all fraudulent and misguiding.

    Stay strong and stay focused. At any point Hold a Core position and trade part of it for 10-20 cents flip, in case of Roth/IRA you should be fine. For Cash accounts it is a tax nightmare.

    It is almost 7 months, the NEWS is long overdue. I firmly believe due to FIRST DAY ONLY REACTION, they can bring the product to the market with adequate precautions.


    Sentiment: Strong Buy

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