Read through all your posts going back to late May and couldn't find where you said AFFY would go through bankruptcy in October. However since it was pulled from the market in February you have been saying BK is imminent, yet it has been almost 8 months now. How is that prediction working out for you so far?
That we would have the lowest volume of the year and finished unchanged on the start of what I would assume would be a volatile week with option expiration on Friday. Would have thought they would try to move it up in front of the expiration, especially with open interest so large on the October 2's.
That is the dumbest and most obtuse reply I have ever read on these MB, congrats! Hitler and George Bush? Are you for real? What has that got to do with O and Takeda? Seriously you are an embarrassment. Come on now.
That is interesting, they can short on pink sheets without upticks? Some shorts here have claimed they are unable to short AFFY at this point, but I have not been able to corroborate this.
Actually the real dreamers are the ones who are waiting for the stock to hit Alpha Fraud's .44cent price target before they cover.
Though the last 3 negative articles have gotten less traction each time they came out. The author had been proven wrong in a couple cases by people on this board. Takeda having told him O was probably not coming back, which someone here was told by Takeda USA that they never would have said, as well as the disappearance of the O website which the domain recently was reserved by Takeda USA.
For the first time in a very long time I actually starting adding today. The volume seems somewhat heavier today and perhaps it will get a bit of a boost going into option expiration next week. We will see.
Looking at an intraday chart all the big volume has been on the buy side. Then they drop the bid/ask on little or no volume. Should be interesting to see the next short report to see how much covering has gone on in this period. Would not be surprised to see it drop another 5-10%.
Also since the mention on the board of Takeda USA claiming the domain for O the shorts have gone completely silent which I also find interesting as well.
I have felt for some time something may be up. There has a been a concerted effort by shorts, GWP et al., to bring the price down so people can cover in here. The action in the stock in the low to high 1.20's would seem to indicate this. Also the drop of nearly 2/3 of the short position over the last few months, especially a drop of almost 10% in the last few weeks would seemingly indicate that shorts feel there are better opportunities elsewhere. I am not saying it is going back to 27 but it could be much higher than where it is right now in the next couple months. We are just stuck in the waiting game for now.
I agree with you completely. The last article from Alpha Fraud made a big deal about the O website going away now the domain being reserved by Takeda USA is a clear signal that they have not given up. I believe you were the on who posted the Takeda USA phone number to point out that Takeda is not giving up on O when Alpha Fraud had said someone at Takeda had told him that O would likely not return. Thanks for that.
Yes this is very interesting. The site having been reserved with Takeda's logo on there counters the argument that O is done. Otherwise why would Takeda bother reserving the domain name?
Very well done. Great DD. Surprised we have not heard from Alpha Fraud or GWP. That was the crux of the fraudsters last article, will affymax disappear like O's website. Maybe he should check with his inside source at Takeda again, his crystal ball is getting cloudy.