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Affymax, Inc. Message Board

dbrs567 8 posts  |  Last Activity: Jul 22, 2016 1:32 PM Member since: May 27, 2011
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  • his petite wife Pierre are lounging out by the cement pond at their trailer park, just watching the world go by. “Dueling banjos” is playing in the background. Fairy Bears is asking a lot of stupid questions, as usual and Pierre has run out of patience with the old queen.

    Fairy Bears question: why do I have 12 toes, Pierre?

    Pierre’s answer: same reason you lost $1,300,000 on AAL, you dumb son of a beeeatch……………your mother is your sister!

  • Reply to

    8 million shares

    by dca1186 Jul 12, 2016 10:35 AM
    dbrs567 dbrs567 Jul 14, 2016 12:48 PM Flag

    Quit crying TJ! That was aimed at Fairy Bears. Now as to loading the boat, good for you. I saw your posts buying on the way down and thought you'd make out alright as AAL was ridiculously oversold and it looked like your cost base wasn't too bad. I loaded the boat at $27.44 and unloaded 60% today for an $8.10 per share gain.

  • Reply to

    Two Fairy Bears posts..........

    by dbrs567 Jul 14, 2016 11:10 AM
    dbrs567 dbrs567 Jul 14, 2016 12:17 PM Flag

    Fairy Bears has been going down in flames for 15 months with his 58000 share position at $53 and the stress ate him up. He bought into the Brexit is the end of the world bull, capitulated and bailed out and locked in a $1,300,000 loss. Fairy Bears got burnt so bad that his large share, one stock positions are a thing of the past. He truly believes that he can't time the market, with good reason. He just doesn't have the skill. There’s no way he sold his 58,000 shares, took his $1,300,000 loss, then turned around and bought 58,000 shares. He’s shell shocked. His present AAL position is considerably smaller even if he got in at a slightly lower price. He'll never make back what he just lost on AAL. You’ve got to hope that he’s learned his lesson and that he’ll diversify going forward, do some form of cost averaging to get around having to have perfect timing and do a better job of managing risk. With Fairy Bears, who knows? After reading his babbling schizophrenia as in those two posts from yesterday, the prognosis isn’t good.

  • from yesterday:

    #1: "Well, as oil continues to tank, I suspect there will even be more buybacks. Sounds to me they have about $1B or so left. I think they up that to $2B and buy another 50M shares by year end and end up at 475ish. This basically allows them to have $5 minimum EPS for years to come. I think the stock goes back to low $40's within 6 months and $50 within a year. Heck, it's MC is still at about 2/3 if DAL. I also think the whole "too much debt" thing goes away when people realized the cap ex spending will slow down dramatically."

    So according to Fairy Bears post above, he is very bullish on AAL and expects it to be in the $50s in a year.

    #2: "My story on brexit? I sold everything I owned the day before Brexit. Market tumbles and I tell my wife I was going to wait until Monday after the weekend to reevaluate. I didn't. Got back in too early. saved some money but not as much as I could. I too have issues with patience. Oh well."

    Now the same Fairy Bears who is very bullish on AAL and expects it to get to where his 58000 share position at $53 would have made it back to break even within a year, went out and sold the whole position at ~$30 and locked in a $1,300,000 loss. You just couldn't make this sheeet up. The old queen is positively schizophrenic. Hey Fairy Bears, you old burnout, just say "no" to drugs!!!

  • Reply to

    8 million shares

    by dca1186 Jul 12, 2016 10:35 AM
    dbrs567 dbrs567 Jul 13, 2016 7:46 PM Flag

    Hey Fairy Bears, this Bud from JTgay is for you. Quit buying at the top and selling at the bottom!!!

  • Reply to

    In his post earlier.................

    by dbrs567 Jul 13, 2016 12:28 PM
    dbrs567 dbrs567 Jul 13, 2016 3:54 PM Flag

    Fairy Bears investment philosophy? Buy high, sell low.........................real low. Buy at the top, sell at the bottom. Booyah!

  • today, Fairy Bears tells us he sold his 58000 shares of AAL, purchased the early part of 2015, for $53 average, the day before the Brexit vote for ~$30 per share and took a loss of $1,300,000 plus. Add this fiasco to his GOGO fiasco and his various other investing disasters and you almost have to feel sorry for the old queen. Pity the fool!

  • Fairy Bears only needs it to go up another 75% from here to get back to break even. Booyah!

0.068+0.0010(+1.49%)Jul 22 9:30 AMEDT