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Affymax, Inc. Message Board

  • shabamoon shabamoon May 1, 2013 6:50 PM Flag

    Today's drop will reverse in AM. Only 1.8 mil shares with daily ave near 8 mil

    Today's drop just a head-fake by few manipulators and means nothing and will not stand. Volume less than 20% daily average. There is no conviction to sell and no sellers showed up today.

    As the upside potential on good news is huge the pps will hover around $1 until news comes out. This daily few penny drops and sudden single day bounce backs are all played by small time manipulators and little guys. No big money involvement here and not any sign of running for the door by retailers or institutions. Anemic volume of 10-20% average daily volumes says it all.

    If you are convinced of Omontys coming back, as I am, buy on such days.

    Sentiment: Strong Buy

0.061-0.0088(-12.54%)Aug 26 10:53 AMEDT