all the big boys are in big who are biggest paying commish on wall street- I think you will see a blue chip name start coverage soon- jp morgan- goldman ect-imo
Banks will initiate coverage of little companies like Affymax ONLY when the company finances and not merely because a hedge fund customer etc bought who could be out in a few days. Your nose is confused.
research is driven by volume and their best customers- the biggest paying commish(fidelity blackrock) customers own this big thats why you will get more research not less and i expect the stock to hit 10$ this month.