I know it is popular just to thumbs down gwp because he is annoying, but you are all fooling yourselves if you believe 1) the recall was voluntary and 2) Takeda can just "change the labeling" and re-introduce O.
The recall was voluntary just the same as any corrupt CEO who "resigns" from a company wasn't actually fired. By doing a voluntary recall, the perception was that AFFY was doing the right thing (which they were) and they being pro-active rather than waiting for the FDA to pull the product before or after another possible death.
Just change the label and all the problems go away? I'm sorry, but that is a very naive way to think about this. I'd also like comment on the quote from onewaytomars2 "FDA never revoked O's approval, so FDA cannot legally interfere in O's reintroduction." Here is how that scenario would play out. Takeda, "We're reintroducing O under a new labeling!". FDA: "No, you're not." Takeda: "Well, you never officially revoked Os approval, so YES WE ARE." FDA: "Os approval is officially revoked." Takeda: "We're suing." FDA: "Good luck." That is not a path Takeda wants to travel. Of course, some of you may think the FDA would be fine letting O back on the market, but this will be after the investigation is complete and not before. What would the FDA look like if they let O back on the market when the investigation on the cause of deaths isn't even complete.
This will be a $5+ dollar stock eventually if O is re-introduced. Remember that the deal AFFY made with Takeda a few months back only gives AFFY at most about 18 to 20% of sales. Takeda is taking all the risk in doing the investigation and they are going to reap the majority of the rewards.
Past performance does not guarantee future results.
You can have A-list customers and still not make a lot of money off of your product. If KC was making a ton of money they would have bought IWEB and not the other way around.
.10 to .20 is more reasonable. A year and a half ago it was trading at .18. I wouldn't complain about a 5 to 10 bagger from here.
Good for you! I hear there are some graves of children killed by cancer you can dance on.
An FDA approved product is a pipe dream? The stock needs one piece of good news and the beat down it has taken over the last few months will be wiped away in a day.
$12.99 a GoDaddy for a DotCom. This is a very significant investment in the future of Omontys.
You've only been posting for three months and II understand that you expect to put your money in a stock and immediately see it go up. That's how stocks work right? You put your money in and then no more than a week later the stock should immediately double. Why can't any of us understand that this is just how stocks should work? My advice would be to pick up watching T.V. and playing video games if you do not already do this because they are more suited to someone with your version of ADD.