AFFX - underperform - dead cat bounce - PT 1.15 US$
Today the stock confirmed a dead cat bounce in the big picture.
Shortterm countermoves are technical reaction within an intact downtrend of this stock.
The dead cat bounce will lead to a drop of the stock price to 1.15 US$ - and if this support isn´t good - the PPS will drop to 0.20 US$ within the next 12-24 months.
IMO.
M.