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If FEDS bump MJNA of the the schedule I level and agree that MJNA should be used as viable medical treatment this one will run, IMO.
Wondering why they did the IPO/ADRs now? I think FEDS will issue news soon. IMO.
Will keep a eye on this MJNA stock as well.
I am not worry about the debt, but I am worried about the lawsuits.
I still think BK is out though. . . could bounce around at these levels for a while.
I had similar strange feeling too, but it turned out to be too much garlic on my pizza.
I don't know that a buyout will happen, maybe? But BK is less likely, IMO.
I do not see why they would repay notes if the lenders took a risk that AFFY would not succeed, IMO.
If AFFY is contemplating BK, I do not think they can use their cash at hand to make repayments at this point.
Looks like BK is off table?
Earnings to be announced after hours on April 2.
My guess is that they will have some type of update on the recall.
I think we will know soon.
Considering that they have very little staff left, I see two, maybe three scenarios.
Bankruptcy if they cannot bring the medication back.
Buyout, possibly Takada, if they can bring the medication back. I do not see how they can make it on their own with a skeleton staff. I do not see Takada buying them out if they cannot bring the meds back, too much baggage, that means us stockholders.
Bankruptcy reorganization . . . if they need more time to investigate? Don't know about this one.
GLTA
Long weekend ahead. Good time to post good or bad news . . .
Here we go . . . again . . .
Same ol, same ol. This one is a lump of coal.
I dunno, seems like alot of large buys.
Either they pulled the drug too quickly or they may be bought out, IMO.
Meow?
Can go either way with whiff of BK filing or buyout!
Picked up some more at $1.25.
Feels the same as playing roulette at this point.
Ouch!
GLTA.
Although etrade says they are to release earnings today, it does not look like it will happen.
I think they will have to redo any future guidance indicated in the earnings considering the recall.
Not good, if true.
I am all for Affy pulling out of this, but I think if they had good news about the recall, they would not wait this long considering the big drop in the price. I do not expect much news during earnings.
Still holding shares as I think it is at or near the bottom.
Looking like pot stocks ready to run, again.
Dunno,
May continue to go down until news is released, maybe during earnings?
May keep going up tomorrow as it is getting too much attention and still considered oversold.
I say it settles at $4.01. Nice!
Helllooo $3!
Damn shame that insiders get a first whiff at any news, same as when it tanked.
I think news will come out tomorrow evening or over the weekend.
Maybe they did meet with Pfizer yesterday . . . hmmm. Time will tell.
Affy meeting with Pfizer?
http://sierraworldequityreview.blogspot.com/2013/03/after-recall-of-omontys-discounted.html
Or a pump site?
Considering all the facts it has held up pretty well this week.
Short of any additional bad news, I think there will be alot of buyers if it dips under $2.50.
They have to make a announcement soon as to where they are in the investigation. If they fail to do that soon, 1-2 weeks, it may go lower.
I do not think the split has occurred yet, maybe early next week. I see this one as a P&D and I think manangement is accumulating for a pump, IMO.