I am no fan of AF! However, the market as of today is in agreement with him, and that is a fact. Us longs are the contrarians to the market. The market has given us a zero value for the pipeline and is in fact discounting the cash burn at a rather fast rate. To date, the market does not agree with our analysis. Our weapons are the cold hard fact both good and bad. If we are correct, at some the big boys will step in and change things around. Until then the negative market will continue. I would not waste any call AF names (especially while the stock price is at 2.33) - time better spent breaking down his analysis and where he is omitting facts or the fallacy in his interpretation of the facts. Addressing the risks head on and as well the potential is the best antidote against AF, name calling only gives him satisfaction that his is right.
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