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Affymax, Inc. (AFFY) Message Board

pagesus52 9 posts  |  Last Activity: Feb 27, 2015 6:37 PM Member since: Jun 15, 2013
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  • pagesus52 by pagesus52 Feb 27, 2015 6:37 PM Flag

    The market likes the expansion news, but the company has no money and is deep in debt. They have to raise money. The question is what will be the offering price and how much they are going to dilute. Hence the upward movement has no conviction. Correct me if I am wrong.

  • such insane volume and yet The Street has offered no opinion, as they usually do, with a sell rating for any company that has been losing money quarter after quarter. Hummm, interesting. Or they already know...

  • pagesus52 by pagesus52 Jan 31, 2015 6:14 PM Flag

    Let this sink in your head!!! fxcm is not for sale. Many people want to buy? Yes!!!!! What happened on Jan/16 was a one day event. That 75 cent valuation was based on that and then. But we should not forget that was just a one day event. fxcm will recover, because it is a viable business. Anyone ever wonder why fxcm would want to forgive negative balances. The reason is they don't want to drive away their traders, who are the life line of their business. In a year or two, the share price will go back up where it was before the crash. You will be glad if you bought today. Remember what happened to the bank stocks in 2008? I am sure glad I bought then. my humble opinion.

  • pagesus52 by pagesus52 Jan 15, 2015 5:51 PM Flag

    It has to accept the reality and make a deal with pip. 30k interest a day? Are they insane? Cut a deal for your own sake!!! A fair deal would be, in my opinion, half net profit up to now after cost, and then half on all future cost and profits US and worldwide. Or Merge as it should have years ago. 195 million sounds absurd indeed, but the judge has no choice but to rule this way as he warned siga at the beginning of the trial. siga thought they could get out of a signed contract for a few millions. Well, they obviously were wrong, and now in denial.

  • sounds like siga has softened its position. Perhaps it wants a deal?

  • Will the judge rule? Not likely. If he wants to rule, he would have ruled already. The only thing that keeps him from doing that is the possibility of a settlement, but obviously neither party is willing to accept unfavorable terms to them. Anything less than 100 million is unacceptable to pip. Anything over 100 mill is not acceptable to siga. So the only way to open this dead lock is for a third party to buy both companies. Will it be acceptable if someone offers 5 dollars a share for a total of 600-700 million for both companies? Will that price work for a venture capital? Any thoughts? This legal drama has been dragging way too long.

  • Reply to

    Shareholder Meeting - 6-K dated 2014-11-25

    by eyov11 Dec 16, 2014 5:34 PM
    pagesus52 pagesus52 Dec 16, 2014 6:38 PM Flag

    okay, I read the 11/25 filing. Thank you for the clarification. The o/s is indeed 219 million and change. The question now becomes when and under what circumstances all those 250 million were issued? There was no announcement between 9/12 and now. It was only 42 million o/s on 9/12/14. Does anyone have a problem with that? I sure do. This was a massive dilution beyond belief, not to mention in the past summer 1 for 50 reverse split twice.

  • Reply to

    Am I missing something?

    by kimballkevin50 Dec 16, 2014 3:44 PM
    pagesus52 pagesus52 Dec 16, 2014 4:42 PM Flag

    291 million shares? Where did you get that? Its 9/12/14 sec filing lists 42 million o/s. Since then, there has been no massive issurance announced. Did you make it up? Please show your source.

  • Reply to

    why is ARWR down on filing Phase 2B ?

    by henryzxu Dec 15, 2014 11:00 AM
    pagesus52 pagesus52 Dec 16, 2014 1:29 AM Flag

    The single shot of the drug regardless what dosage was shown incapable to achieve f. cure, so they are going to try multiple shots at a high dosage. Is it going to arrive at a functional cure? Is it going to be safe? No one knows. Uncertainties. We are back to square one, plus the credibility issue. 5 dollar is the fair value, the market says. Any more missteps, it will go down further. Better sell, and buy back later if things change. just my opinion.

AFFY
0.1501+0.0001(+0.07%)Feb 27 3:59 PMEST

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