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Affymax, Inc. Message Board

  • archarch_60477 archarch_60477 Apr 26, 2013 10:07 AM Flag

    shorts rather pay 3 bucks, if we get good Omonty's news

    thats how it works, who in the heck would be short a dollar stock, geez

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    • 48% of the float is short. Those are all institutional investors shorting AFFY. You need to ask yourself why the smart money has shorted this stock. Only 5% of the float is in the hands of retailors. The rest is with insiders and institutions.

      You are trading against the smart money here. This company has given multiple signals of how their restructuring will go down and let me give you a hint it won't be to the benefit of common stock shareholders. Your lottery card mentality blinds you to the reality that an investment in AFFY at this point is pointless.

      Me, I'm not long. I'm not short. I'm patientlly awaiting my entry point to take advantage of what will likely be a MOASS dead cat bounce. I'm happy to trade this pig once it gets at least cut in half from here.

      Sentiment: Strong Sell

    • Ask Godwinpig his philosophy on this. According to him, he's been short since $15. Trying to make an extra 6% I guess. LOL.

 
AFFY
0.0916+0.0065(+7.58%)Jul 31 12:37 PMEDT