AFFY Affymax, Inc NASDAQ

[greencat]

AFFY made a higher low and looks like its ready to fill some gap..0 debt, low float.

Shares Outstanding5: 25.45M
Float: 21.51M
% Held by Insiders6: 17.31%
% Held by Institutions6: 55.60%
Shares Short (as of Jan 31, 2011)3: 1.92M
Revenue (ttm): 138.75M
Total Debt (mrq): 0.00


AFFY Chart


Affymax, Inc.
4001 Miranda Avenue/4015 Miranda Avenue
Palo Alto, CA 94304
United States - Map
Phone: 650-812-8700
Fax: 650-424-0832
Website: http://www.affymax.com

Details
Index Membership: N/A
Sector: Healthcare
Industry: Biotechnology
Full Time Employees: 143


Business Summary

Affymax, Inc., a biopharmaceutical company, engages in the development of drugs for the treatment of serious and life-threatening conditions. The company is developing Hematide, which is in Phase III clinical trials for the treatment of anemia associated with chronic renal failure. Hematide is a synthetic peptide-based erythropoiesis stimulating agent designed to stimulate production of red blood cells. Affymax, Inc. has strategic alliance agreements with Takeda Pharmaceutical Company Limited and Nektar Therapeutics AL, Corporation to manufacture, develop, and commercialize Hematide. The company was founded in 2001 and is based in Palo Alto, California.

AFFY Profile | Affymax, Inc. Stock - Yahoo! Finance

[greencat]

AFFY looks like its making the head to the inverted head and shoulders. If the head is made this is going to be a nice move up.

Shares Outstanding5: 25.45M
Float: 21.51M
% Held by Insiders6: 17.31%
% Held by Institutions6: 55.60%
Shares Short (as of Jan 31, 2011)3: 1.92M
Revenue (ttm): 138.75M
Total Debt (mrq): 0.00


AFFY Chart


Affymax, Inc.
4001 Miranda Avenue/4015 Miranda Avenue
Palo Alto, CA 94304
United States - Map
Phone: 650-812-8700
Fax: 650-424-0832
Website: http://www.affymax.com

Details
Index Membership: N/A
Sector: Healthcare
Industry: Biotechnology
Full Time Employees: 143


Business Summary

Affymax, Inc., a biopharmaceutical company, engages in the development of drugs for the treatment of serious and life-threatening conditions. The company is developing Hematide, which is in Phase III clinical trials for the treatment of anemia associated with chronic renal failure. Hematide is a synthetic peptide-based erythropoiesis stimulating agent designed to stimulate production of red blood cells. Affymax, Inc. has strategic alliance agreements with Takeda Pharmaceutical Company Limited and Nektar Therapeutics AL, Corporation to manufacture, develop, and commercialize Hematide. The company was founded in 2001 and is based in Palo Alto, California.

AFFY Profile | Affymax, Inc. Stock - Yahoo! Finance

[Texasrunner43]

Thanks Greencat..... I bought into this on Oct 24th for $5.25 and put a sell order in for $5.75. Took a while but had a nice surprise this morning when I saw it sold for $6.45 out of my account. Got more than twice the profit I was looking for.

[greencat]

Awesome. Love to hear when members make some green. Congrats on a great play. Plus you didnt get greedy and you followed through with your plan. Damn good play...

Originally Posted by Texasrunner43

Thanks Greencat..... I bought into this on Oct 24th for $5.25 and put a sell order in for $5.75. Took a while but had a nice surprise this morning when I saw it sold for $6.45 out of my account. Got more than twice the profit I was looking for.

[greencat]

AFFY makes a higher high. Not a buy area but watch on the pullback for entry point.

Shares Outstanding5: 25.45M
Float: 21.51M
% Held by Insiders6: 17.31%
% Held by Institutions6: 55.60%
Shares Short (as of Jan 31, 2011)3: 1.92M
Revenue (ttm): 138.75M
Total Debt (mrq): 0.00


AFFY Chart


Affymax, Inc.
4001 Miranda Avenue/4015 Miranda Avenue
Palo Alto, CA 94304
United States - Map
Phone: 650-812-8700
Fax: 650-424-0832
Website: http://www.affymax.com

[greencat]

AFFY ready to break out IMO

Originally Posted by greencat

AFFY makes a higher high. Not a buy area but watch on the pullback for entry point.

Shares Outstanding5: 25.45M
Float: 21.51M
% Held by Insiders6: 17.31%
% Held by Institutions6: 55.60%
Shares Short (as of Jan 31, 2011)3: 1.92M
Revenue (ttm): 138.75M
Total Debt (mrq): 0.00


AFFY Chart


Affymax, Inc.
4001 Miranda Avenue/4015 Miranda Avenue
Palo Alto, CA 94304
United States - Map
Phone: 650-812-8700
Fax: 650-424-0832
Website: http://www.affymax.com

[greencat]

AFFY has a small cup and handle pattern.

Shares Outstanding5: 25.45M
Float: 21.51M
% Held by Insiders6: 17.31%
% Held by Institutions6: 55.60%
Shares Short (as of Jan 31, 2011)3: 1.92M
Revenue (ttm): 138.75M
Total Debt (mrq): 0.00


AFFY Chart


Affymax, Inc.
4001 Miranda Avenue/4015 Miranda Avenue
Palo Alto, CA 94304
United States - Map
Phone: 650-812-8700
Fax: 650-424-0832
Website: http://www.affymax.com

[priyarawat229]

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[CatFish]

this sucker crashed today. they had a recall on their drug. people haveing bad reaction and a few people died. i am in for the bounce at $2.46.. usually their is panic then people start buying in when it hits bottom and hopefully it hit bottom

[Aufan 1983]

Originally Posted by CatFish

this sucker crashed today. they had a recall on their drug. people haveing bad reaction and a few people died. i am in for the bounce at $2.46.. usually their is panic then people start buying in when it hits bottom and hopefully it hit bottom

I added 500 more yesterday after hours and got my average down to 2.48. Now holding 1000 shares.

It may hit me in the face but the way I look at it is I have a small amount 2,480.00 in it so thats the most I can lose but the upside could be huge over a long period of time. Idea situation would be if I can sell about half and then hold the rest for 6 months to a year.

The crazy thing in this is the fact that there were no problems during the trials or the entire time it was on the market and then suddenly 3 people die. Could actually be something else.... WHO KNOWS??????????? Worth a shot!!!