This coming week ( OE) is an opportunity to get AFFY for $1.00 again maybe
Big money will still push AFFY down next week to close out the June options at a buck.... This is expected, and means that the big money wants to keep their shares. Remember, no opening trades on options, but there will be plenty of closing trades. I doubt if any news comes out next week to push the price up, but jmho.. So don't let the action scare you out. AFFY will probably go below a buck. It will have nothing to do with news.. All options related, and all good. AFFY will rebound again after that (if no news).
Wouldn't it be nice to know who got hold of all those options just before delisting?
Wouldn't it also be nice to know who bought all the puts on the airlines just before 911?
Did they ever release that info?
Someone knew the delisting was coming, I believe. The share price ran up to $2.. I'm sure plenty sold the $1 calls naked for $1+, and now will cover. Basically, that little tidbit of "insider info" will now allow them trade FREE shares at $1.... And this, the most "regulated and safe" stock market place in the world.. LOL...But we're the little guys.. Everything money is built on the backs of the little guy. Always has been. Always will be...