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Affymax, Inc. Message Board

  • jagan1961 jagan1961 Nov 15, 2013 7:18 AM Flag

    Based on Takeda's letter Posted Here, I'm upping my target to $30, if and When O is re-introduced!

    No wonder the Shorties are all over the place here.

    Hold folks as I said many times it is a once in a life time opportunity. Takeda won't be spending 8 months for a Drug where they can't fix the problem.

    Some form or the other O will be returned to the market and it is worth in excess of $30, since once returned to market it is going to stay permenantly. Since Mercera too had numerous issues and FDA would place more restrictions.

    It is a great opportunity, of course the risks are associated if Takeda withdraws its NDA itself, the chances of that occuring is.0001% and that too after 8 months of hard work and further millions spend.


    Sentiment: Strong Buy

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    • The following sentence from the letter bears watching

      :the FDA has said they would work with us on appropriate next steps for the product.
      We will timely communicate the next steps when appropriate

      If there were no next steps takadea would end product now. Obviously, this is not the case.

      To shorty where is my .50 I want to load up. TIA

      Sentiment: Strong Buy

    • How do you arrive at this $30 target.
      And you increased your target because a letter from Takeda to an investor stating the obvious?

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