AFFY is doing it again. No news. Higher volume. Higher Prices. Good for a trade for those long at a buck. How to pump? Expstktrder SA articles timed just before Takeda/AFFY SEC financial disclosure dates. When again no news happens, the price should settle down again.
What are the dates to look for? From Takeda it is July 31st:
1st Quarter of FY2013 financial results announcement (3:00pm JST)
Conference Call on results for the 1st Quarter of FY2013 for Media/Analysts/Institutional investors (4:15pm-5:15pm JST)
Presenters: Mr. Iwaaki Taniguchi, SVP, Corporate Finance & Controlling Dept., Mr. Tsudoi Miyoshi, SVP, Head of CMSO Office
From AFFY, based on last year's 10Q filing it should be about August 8th.
Just do not be caught holding the AFFY bag. Again, SA traders are usually pretty smart. They know how to play AFFY.