The day before ADCOM most shorts covered. After the price skyrocketed after ADCOM short % was way up. They covered again at news of the delay due to the price drop. Now short % has been going up since the price went up to 7 on no news. They have not covered yet. So what will happen is this will drop below 6 then shorts will cover bring it up to 7 then short again bring it down. This game will be played all the way up to approval.
No. I bought at 5.38 just to see it go to 4 before ADCOM. Was scared as hell during ADCOM. Very happy to see me recover losses and have big gain in the after hours. Thought it would go to 10 .Sold at 6.50. So I did ok. I have my buy set to 5.50. Maybe it will hit maybe not. All I know is shorts create buying opportunities.
with no news and short interest way up stock will go down until shorts cover and take their profits. Until it is approved there will be manipulation. FDA's delay favors the shorts to manipulate. Just ignore the pumpers and shorts and remember why you are in.
Not sure why they are asking for the extension. Anyone who says they know is full of it. They had enough time to make a decision if everything was fine.
1) Most likely they need time to figure out what labels to put on Afrezza
2) They do not like the data and really need to give a valid reason for denying it.
3) They did not like the data and have to rethink their opinion based on the ADCOM.
Not sure how the delay causes the price to go up. 6.70 before delay announced and now at 7.00. Too many unknowns. In next 3 months this stock is going to be manipulated since there will be no news until it is approved or denied. So many pumpers on this board now.
I agree. The longer it takes, the more attempts that have not solved the issue. Eventually there will be nothing left to try and all will be lost.
I agree. It seemed like it would be pretty easy to bring back to the market. Investigate what caused it, manufacturing issues, dialysis center issue or omontys itself. When they determine it was Omntys set up a plan to determine which patients may experience allegic reactions and exclude them from taking the drug. This should not take over a year. But if the FDA wants them to fix the issue that occured on .2% of patients then that will never get resolved. I guess Takeda is not giving up on seeing what they can come up with. Since there is a drug out there that aready works the FDA sees no reason to bring back Omontys unless the issue of allergic reactions is resolved. I know other anemia drugs cause allergic reactions, it would be nice to know the percentage of patients that have allergic reactions from the other anemia drugs. I sold all my shares today at a loss, good luck to everyone still holding.
Where are you getting this info from? What does this mean concerning the return of Omontys? Can you please provide a link.
I have looked everywhere to find this info and nothing is coming up. Can you or anybody please attach a link or at least where you got the info from. If this info is valid then I will definitely buy more shares.
A link would be greatly appreciated, could not find any info when searching. Any idea on the timeframe these tests would take? This is definitely the right route to take to get Omontys back on the market. There is no way Takeda would take this route if there was no chance for Omontys.
Long and debating whether to pick up more.
I already bought my comfort level, but it is hard to pass up a good deal.
Confident drug will come back but of course there is always fear I can lose it all.
I'm holding until I lose it all or I win big.
The guy who spends his time on this board for no reason is pathetic. Hopefully that pizza comes with extra toppings. So when Affy fails like you say then what are you going to do with your life. Who is going to provide the free pizzas. I see you have been on this board for quite a while. One thing is good about you. You allow people to see how good their life is compared to yours. Seriously who comes on stock message boards for fun. Watch a movie, get a girlfriend, I'm sure that has to be more entertaining than this.
There are a lot on the same boat with you. What suprises me is that there is panic when people put up these fake messages stating different opinions all the time.
The GWP guy first says Omontys is never coming back.
Then he says it's coming back but Affymax will go bankrupt before that happens.
Which one is it?
Then he says it killed over 20 people.
Then he says it killed 5 people.
Which one is it?
I don't know what is going to happen, no one on this message board does. All I know is from what I read it seems like Omontys is a likely return to the market. Maybe I'm right maybe I'm wrong, but I know the risk and reward and that's why I'm here.
So if I understand correct from a previous post, you have nothing risked in this stock. You come on this board because you have nothing else better to do. I check this board because I have a few shares and hoping to gain some money. If this board is really that entertaining to you, then you really must have no life. I really hope you are lying and you are making money off this stock somehow, because if you have no risk in this stock then wow you are pathetic. Every one here knows the risk. Either Omontys comes out we make money or it doesn't and we lose everything. Simple as that.
Thanks for the info. Almost one third of the cost. When Omoytys comes back it is going to be highly valued for its cost savings.
Type in "druglib death procrit" in a yahoo search. There are 43 death cases in the report.
Its annual cost to U.S. patients was $8,447 per patient per year in 2009.
In 2010, Medicare paid $2 billion for Procrit.
Does any one have any info on the cost per year for patient use with Omontys.
Wow no responses. I guess you have to be negative on this board to get any responses. When you ask a valid question no one cares. Ok so everyone here are jerks. Maybe I'll get a response now.
1st thing I am not understanding is Omontys was discontinued 2/23/13 most of the fatalities occur in March and April. 2nd thing is was this the 1st time these users took Omontys, it does not indicate. If issues only occur upon 1st usage then Omontys can not be the issue. If you look at what can be a possible cause of death and all the medicaton these patients were taking it is a pretty long list. From what I understand deathfrom Omontys was caused by serious hypersensitivity reactions, but the deaths that occured do not have that as a symptom. Can someone who has a medical background please elaborate. Because I am not getting it. Thanks