Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Almost all buys on decent volume. Something brewing? Trades:
https://ih.advfn.com/stock-market/USOTC/affymax-pk-AFFY/trades
Definitely a long shot but huge potential at the same time. Huge NOL base
I think we will see companies wanting AFFY to utilize its NOL’s. Should be worth much more IMO
AFFY is not Caveat emptor status though. I think AFFY is ok. CEO Couchman has a history of successful mergers
What new rules is that?
With the first change in OS shares (being DTC approved) since 2014 should tell us something. I think it will be a great year here!
Those are the state NOL’s which are only $10 million vs $480 million Federal NOL’s $AFFY has plenty of time to find a merger candidate. This will be trading a lot higher once the corporate tax rate is increased to 28%!
At that point the value of AFFY’s NOL’s will be $134 million! Should be nearly $2 stock price
You will be rewarded greatly IMO. $AFFY is going to be one of the best shell stocks out there with its massive nearly $500 million NOL’s since Biden is going to raise the corporate tax rate to 28%.
Also, the remaining shares have been DTC approved about 3 weeks ago. This is needed for a merger with a reputable company. So much potential here!
Seems like we should be close to a deal. Carl Icahn has a lot of connections. Unless he decides to use ENZN for one of his businesses.
$ENZN has been consolidating at this level. I think we will soon see a long white candle going to .90+
Just noticed your old message here. Where did you hear the rumor that Couchman had passed? We know that he hasn’t but was just curious where you heard that?
$ENZN - New multi year high coming this week IMO. Sure can’t till they buy a profitable company.
$TRAE - that was a nice 100k share ask tap the other day? I noticed several days ago the ask was briefly in the .008,s. Almost added more but never did lol
$MYRX - end of day bid ask increased to .0561 x .057. Nice tight spread above the closing price of .054
Any more news of MYRX investing in life sciences assets will send it IMO. It’s already made a return so far in its Enzon investment it made last year.
Only 34 million OS. Tiny market cap.
MYRX - end of day bid ask increased to .0561 x .057. Nice tight spread above the closing price of .054
Any more news of MYRX investing in life sciences assets will send it IMO. It’s already made a return so far in its Enzon investment it made last year.
I will try and get back in by the end of the week. I believe in the company too. It’s just worries me a little bit that it’s dropping ahead of the P3 results. I’m sure I made a mistake by selling. Hopefully I can get back in at a slightly lower price.
That’s awesome that you did so well in Jan and Feb! I made some decent money off GME and ENZN (which I still own) and a few other stocks.
I wonder what day the data will come out? Some are mentioning next week due to some 60 day thing.
Now I’m worried about missing out on good data. Lol
HGEN - I’m out for a loss. Tired of losing money. I have buy orders in at 8 and 6
I hope your right. We need good data!
Dang, I was wrong lol. I put in a decent size buy at $10 just in case they drop it like they did yesterday.
Definitely do not do margin on this stock. Way too risky. We only have basically 7 days at most till P3 results come out. I hope they are good but it’s very obvious that others think the data will be bad.
I bought some $HGEN $5 puts to protect my long position in case the results are bad. I don’t think they will be though.
It’s a good idea to wait. The addition of 37 million DTC shares to be free trading only means two possibilities. Either they are going to get sold on the open market or Couchman will utilize them in a merger deal. Hard telling since it’s non reporting
It’s funny how a 100 share ($6 trade) will drop this 28% lol
MYRX - You can tell that the float is locked since there is basically no one selling. Only 100 share type sells. With ENZN doing well, this will follow. If Vicineum is approved in August, we will be much higher IMO
$HGEN... This is the last time we ever see sub $14 IMO
$ENZN - I think we see .90+ this week
Hopefully Gamestop don’t sell shares like they mentioned in the filing. That would give the shorts a way out IMO
$AFFY .08 interesting new DD:
On September 19th 2014, Couchman acquired 1,875,877 shares of AFFY which was 5% of the OS at the time when it was around 37,490,000. 37,490,000 was also the number of shares held at the DTC 3 weeks ago.
I’m going to try and dig around to see when the OS was increased to 74,490,000 (exactly 37 million more)
I have also been researching more about increased DTC held shares and so far it sounds like quality shell companies will make sure all of their shares are DTC qualified prior to a merger.
Wouldn’t be surprised if we see updated filings drop at some point here.
I think Couchman if following ENZN’s footsteps. Couchman owns over 10% of that one and Carl Icahn owns 49% of it. It’s possible that Couchman does a rights offering with the remaining 37 million shares like ENZN did for .15 to add $44 million cash. The two companies now have very similar OS and DTC held shares:
AFFY: 74,490,095 OS, 73,793,705 DTC held shares
ENZN: 74,214,603 OS, 74,089,437 DTC held shares.
$AFFY .08 DD:
On September 19th 2014, Couchman acquired 1,875,877 shares of AFFY which was 5% of the OS at the time when it was around 37,490,000. 37,490,000 was also the number of shares held at the DTC 3 weeks ago.
I’m going to try and dig around to see when the OS was increased to 74,490,000 (exactly 37 million more)
I have also been researching more about increased DTC held shares and so far it sounds like quality shell companies will make sure all of their shares are DTC qualified prior to a merger.
Wouldn’t be surprised if we see updated filings drop at some point here.
I think Couchman if following ENZN’s footsteps. Couchman owns over 10% of that one and Carl Icahn owns 49% of it. It’s possible that Couchman does a rights offering with the remaining 37 million shares like ENZN did for .15 to add $44 million cash. The two companies now have very similar OS and DTC held shares:
AFFY: 74,490,095 OS, 73,793,705 DTC held shares
ENZN: 74,214,603 OS, 74,089,437 DTC held shares.
On September 19th 2014, Couchman acquired 1,875,877 shares of AFFY which was 5% of the OS at the time when it was around 37,490,000. 37,490,000 was also the number of shares held at the DTC 3 weeks ago.
I’m going to try and dig around to see when the OS was increased to 74,490,000 (exactly 37 million more)
I have also been researching more about increased DTC held shares and so far it sounds like quality shell companies will make sure all of their shares are DTC qualified prior to a merger.
Wouldn’t be surprised if we see updated filings drop at some point here.
I think Couchman if following ENZN’s footsteps. Couchman owns over 10% of that one and Carl Icahn owns 49% of it. It’s possible that Couchman does a rights offering with the remaining 37 million shares like ENZN did for .15 to add $44 million cash. The two companies now have very similar OS and DTC held shares:
AFFY: 74,490,095 OS, 73,793,705 DTC held shares
ENZN: 74,214,603 OS, 74,089,437 DTC held shares.
Do you know when and why the OS went up? When CEO Couchman acquired his 5% when he took over, the OS was only 37 million per the filing. And 37 million is how many shares the DTC held till a few weeks ago till it changed to match the current 74 million OS.
Interesting to say the least.
Speaking of RM, did you notice that the DTC has cleared 74 million shares a couple weeks ago, up from around 37 million? It’s the first change since they went dark in 2014. I’m wondering if the increase is related to a possible merger coming?
I just have a good feeling about $AFFY
A reply to your $AFFY post about someone accumulating shares a couple years ago. I think this SEC document could explain a lot IMO. Is someone interested in trying to restart OMONTYS drug again?? The accumulating of shares began after this was released under the freedom of information act.
https://www.sec.gov/files/18-03611-E.pdf
Even AFFY’s last filing stated that if OMONTYS was restarted that AFFY would get 13-17% of all sales. This is something to look into. It’s a long shot but it could make $AFFY a $1 Billion company.
Here is the company that requested the information:
https://www.ktmine.com/
$ENZN - Merger news could be coming soon IMO. Carl Icahn has a lot of connections.
$MYRX - Keep an eye on this. Once ENZN explodes to the upside, this should follow...
$ENZN - Our big payday is coming! Vicineum approval is a near guarantee IMO. That alone could generate $20 million a year for Enzon.
Not to mention a merger that could send ENZN to multiple dollars. So much potential here!
Very nice volume into the close! Something is close IMO
Thank you KT. I have a lot invested here. I hope we see results next week
I sure hope you are right. Just weird to see this at $15.60 when there is so much potential
Wonder if the company has the results yet? Can’t wait till it’s released.
I just don’t know why this continues to drop if we are supposed to see good data this month.