DOW DOWn 358 points...AFFY finished flat... shorts, you should be very scared!
Any company in OTC that finishes flat on a day when the market is tumbling... with the company waiting on news... shows a termendous amount of strength! Dummies on this board have been saying AFFY will be in the pennies, if it were going to happen, it would have already happened! News is coming folks, and based on todays strength with low volume, shorts have to be very scared!
I am one of the perhaps 2 or 3 retail shorts on the AFFY board. I am not scared at all. Tomorrow is options expiration day and it is in the MMs best interests to let the retail $1 calls, and perhaps even the retail $1.50 calls (though I highly doubt it) fill. Once the retail have become bagholders, the MMs will take the price down again IMHO. There is no news coming anytime soon of which I am aware. AFFY bankruptcy can come anytime, but IMHO the investigation into the O deaths and serious adverse patient reactions and efforts to satisfy FDA requirements to get O back on the market are going to take quite some time.