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Affymax, Inc. (AFFY) Message Board

  • t0m.mirabit0 t0m.mirabit0 Oct 25, 2013 11:46 AM Flag

    New Short Interest number out. Not much change

    According to shortsqueeze now about 6.4 million shares.
    Still no rush to cover with the recent option expiration.
    If one of you contacts Affy again please try to find out if the former execs still have options to purchase 5 million shares.

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    • I think the report is as of the 15th of the month so a few days before the end of expiration. Maybe now that the hedge is gone there will be more of a sense of urgency, though the prior 2 months saw the percentage drop by 15%, so they may have been a covering somewhat earlier. What I have noticed the last few weeks is throwing up big bids when we head towards 1.10 then throwing up big asks when we head towards 1.20 to put pressure on the price so either people can cover or accumulate. Yesterday 40% of the volume came in the last 25 minutes all to the upside. See if they say anything Nov. 4 or not.

 
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