Thu, Sep 18, 2014, 4:57 AM EDT - U.S. Markets open in 4 hrs 33 mins

Recent

% | $
Quotes you view appear here for quick access.

Affymax, Inc. (AFFY) Message Board

highlowsel 1678 posts  |  Last Activity: 12 hours ago Member since: Feb 26, 1998
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 12 hours ago Flag

    Okay, closing minutes sees the market yanking the bid south of .80. I expected something like this...re-opened the trade at .77....I'm willing to hold it overnight and for the remainder of the week if necessary. I still think $17 by Friday is doable...but Master...he sure is playing it tough...

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 13 hours ago Flag

    Jhitcher: By the way....the key point to posting is to network. I also keep going an on-line real-time chat thread composed of other traders, too. Ideas get shared. One cannot watch everything...and by establishing veracity and throwing out ideas and targets it (hopefully) means I get some in return....to my mind that's the principle purpose of these threads....and not the more popular use, the trolling, flaming and OT diatribes which seems to be the raison d'être of cetain types of threadsters. ;-)

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 14 hours ago Flag

    jhitcher: How do I get the time? It's what I do (trading/investing). It's a luxury I'll admit many others don't have. I've been playing this game from....ooohhhhh....early 1980's. I play my set-ups, which leaves me ample time to post...when I choose to (post) that is. Overall I may have open anywhere from 2 to 10 positions in some of the equities I track. It's all a question of following the set-ups. This may seem like a lot, and in pre-PC/internet days it certainly would have been, but in today's highly mechanized world it's actually pretty easy....though...and this part never changes as a trader or investor...it can be nerve-racking when you're on the wrong side of a trade.

    As for profits...I'm never one to throw out actual monies made because...quite frankly, the way I was raised it's just not done....showing what you're worth (or what you've got or made). Besides...it's nobodies business except for those affiliated with me by blood. Regardless....just to establish veracity I do give my in/out targets, which is enough from my point of view. Folks can take it for what it's worth, or leave it, I really care less.

    Meanwhile BAC's bid dipped south of .80 all while Yellen is yapping....sell side is trying to regain control....and I'm still on the sidelines watching (while listening to Yellen...funny how much power her group has....)

    Highlow
    American Net'Zen

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 14 hours ago Flag

    Okay...bird-n-hand and all that...I'm OUT the .70 trade at .89. I'll re-enter under one of two conditions. A p/b from here, or if the bid can get north of $17 on volume. For now I'll just sit here fat and wait....

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 14 hours ago Flag

    Overall I'd say good, if only because it means the economy is "okay" so a rising tide floats all boats and all that. I think the way it's shaping up that however it goes in the future net-net it should be good for BAC (the equity). Fed keeps things as is the pps floats higher with the general perception of economic conditions. If the Fed begins to tighten it's good for the pps, too, for the rate related reason others have noted (though I'd expect the immediate reaction to any Fed announcement along those lines to be a negative just because the herd would probably react that way overall).

    But for now let's see how today goes....Once again the bid is threatening the $16.90 zone and, once again, the sell side is trying to turn it back....I think this time 'round the advantage is to the buy side...but let's see what the market actually does...

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 14 hours ago Flag

    Okay..bid now $16.88....setting my trading stop just north of 10pennies to lock it in. I'll ratchet it upwards should the bid continue to rise....now .90...come on...let's see $17!? Or is that being greedy? Heh!

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 14 hours ago Flag

    Lan: If that bid was still open I'll bet it got hit? Then again...maybe not..post Fed "news" has seen the volume spike in 'ol BAC and the bid has been waved (so far) all over the map. It popped to ~$16.76, then dropped to ~$16.68, now back at $16.77. Amazing, really, that the entire market seems to hinge, these days, on a few simple words....seems to be indicative of the times we live in, eh? Regardless you know the churn machines are lovin' the increased volatility....let's see which way the bid is played from now into close....

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 16 hours ago Flag

    Well it took the churn machines until ~12:15pm but they got that bid to .70. I re-opened another trading tranche here...just playing the 10penny game since the churners at least allow THAT much movement from day to day....by the way recent history shows that whenever Master goes into these sideways churns he tends to do so for anywhere from 3 to 6 sessions. This is, basically, session # 4. Let's see if he proceeds apace...Bid $16.71...

  • Reply to

    Bid $16.76

    by highlowsel 18 hours ago
    highlowsel highlowsel 17 hours ago Flag

    Yah....I closed a open trade at just north of .80 on the session opening push upwards...now laying back watching the HFT's churn the frack out of the equity. In other words...same 'ol same 'ol. Bid now .74...I lay even odds the bid gets shoved south of .70 before churning its way back to a session closing flat-line or there'bouts....

    Some might be going #$%$ over all of this, and to a certain extent they're right. But if you blow out to a 3-6 month daily chart you'll see one that shows a screamingly overbought condition...so...from a TA point of view this sideways churn amounts to the bid now being in consolidation. The bid may not be going anywhere fast any time soon. Bid just slipped to .73....grind and churn...churn and grind...that's the story here...

    Highlow
    American Net'Zen

  • highlowsel by highlowsel 18 hours ago Flag

    Looks like another day (day 4?) of sideways churn setting up. The bid is staying throttled below .80....ask overhang shows large with all the action once again hitting either the spread or the bid. Might as well relax this one is going nowhere today...again...at least....so long as the current action stays as is......

  • highlowsel highlowsel 18 hours ago Flag

    Definitely volatile...

  • Reply to

    No manipulation

    by bobforaps Sep 16, 2014 3:53 PM
    highlowsel highlowsel 19 hours ago Flag

    Traders made money long before HFT's and Algo's came along. It just took a bit more effort is all. 'Course....all they need to do to reign in the market-wide HFT/Algo churn; churn which is the direct consequence of institutional rebates (for every transaction floated), is to eliminate said rebates. When you consider that over half the volume expressed by the markets intraday action represents HFT churn and NOT investor interest it could be legitimately argued that the churn serves no useful function. In fact it's like subsidies and how they ultimately impact economies....rebates hide true demand and valuations, and negates the whole idea of a "free market."

    But since the institutions make their living on volume what are the odds they'll move away from the rebate heroin, eh? So it goes.

    Highlow
    American Net'Zen

  • highlowsel highlowsel 20 hours ago Flag

    Mturner: "Incidentially, putting the political posts on IGNORE..."

    HA! Amazing ain't it!? Much like the HFT/Algo's have settled onto BAC (the equity) as their favorite churn darling so, too, all the OT threadsters have settled on this thread as a source-point for all their OT trolling and such. It is what it is. Thank god for the ignore function, eh?

    Let's see what the market does to the bid today. Currently $16.72 with the ask absorbing most of the PM action...

  • Reply to

    support at 6

    by joeblow180 Sep 16, 2014 1:50 PM
    highlowsel highlowsel Sep 16, 2014 3:57 PM Flag

    And if it doesn't hold then there's that early April upside gap from ~$4 to ~$7.25 that might get filled....or some portion of it...

  • Reply to

    Pre-market is now open. Anyone care to trade?

    by hucktwain Sep 16, 2014 7:38 AM
    highlowsel highlowsel Sep 16, 2014 3:36 PM Flag

    Bid has been flat since ~12pm est. It's been some time since Master has done this. There is a whole lot of churn and not much in the way of movement. Some surprise, eh? Heh! Anyway, whenever he's done this he's almost always ended that session by dropping the bid into close. Bid just got dropped to $17.20. Let's see how predictable Master is....

  • Reply to

    Not a falling knife.

    by jimmythegreek137 Sep 16, 2014 7:49 AM
    highlowsel highlowsel Sep 16, 2014 2:01 PM Flag

    Indeed. Bid now $104.20...do falling swords fall.....upwards? HEH!

  • Reply to

    Nothing like...

    by highlowsel Sep 16, 2014 10:23 AM
    highlowsel highlowsel Sep 16, 2014 12:52 PM Flag

    Bid now $103.40. Yesterdays downside gap now closed. Hmmmm.....and the chart almost looks like an island reversal, too. Hmmmmm.......

  • Reply to

    Pre-market is now open. Anyone care to trade?

    by hucktwain Sep 16, 2014 7:38 AM
    highlowsel highlowsel Sep 16, 2014 12:49 PM Flag

    Ooops...that should have been "...working off the ~$15.90 to ~$16.80 run over that period. "

  • Reply to

    Pre-market is now open. Anyone care to trade?

    by hucktwain Sep 16, 2014 7:38 AM
    highlowsel highlowsel Sep 16, 2014 12:48 PM Flag

    Huck: Don't know from $17 (though I still think by Friday is do-able) but the last 3 sessions, inclusive of this one, have been mostly sideways. The TA-charts are showing the bid is working off the ~$15.90 to ~$15.80 run over that period. Hopefully this is setting up the next leg up....so long as that 'ol FUD-monster doesn't rear it's fugly head. ;-)

    Bid $16.73...

  • Reply to

    Short this turd back to single digit.

    by mdb4403 Sep 16, 2014 12:21 PM
    highlowsel highlowsel Sep 16, 2014 12:46 PM Flag

    You want a high "confidence" short go with TSLA, NFLX, YHOO (post BABA), AAPL and a slew of other "darling" whose valuations are well beyond the pale and likely to pull in on the first Fed-derived "burp.". BAC? It ain't anywhere near that point....though clearly it ain't about to run away from anyone either....

AFFY
0.17+0.01(+5.59%)Sep 17 3:27 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.