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The dead-cat bounce continues for another day in Affymax (AFFY +6.3%) after Monday's -85%...

The dead-cat bounce continues for another day in Affymax (AFFY +6.3%) after Monday's -85% plummet. The stock has gained over 13% since cratering on the news of its Omontys recall, but without any real catalysts to drive the stock over the near-term, it's doubtful that the move has any real substance.
Comments (5)
  • Mobywhite
    , contributor
    Comments (413) | Send Message
     
    Says who? With what experience and knowledge is that pronouncement made?
    27 Feb 2013, 12:30 PM Reply Like
  • XTigerX
    , contributor
    Comments (230) | Send Message
     
    Knowledge? Who knows. Experience? It's called a "dead cat bounce for a reason" for just one (of hundreds of) recent example see Dendreon August and September of 2011.
    27 Feb 2013, 02:43 PM Reply Like
  • Mobywhite
    , contributor
    Comments (413) | Send Message
     
    X - reading comprehension is important.
    27 Feb 2013, 02:46 PM Reply Like
  • Scientist on Stocks
    , contributor
    Comments (184) | Send Message
     
    ''....but without any real catalysts to drive the stock over the near-term, it's doubtful that the move has any real substance....''

     

    clearly this post is intentional and the author is short on AFFY
    27 Feb 2013, 02:22 PM Reply Like
  • Scrying Biotech
    , contributor
    Comments (1484) | Send Message
     
    AFFY Up 60% today - Wooooohooooo!

     

    @moby - that cat must have nine lives! how to stand up!

     

    @tiger - reason fails you again, or perhaps YOU were being unreasonable

     

    @scientist - if the author was short, he lost his shirt!
    8 Mar 2013, 12:16 AM Reply Like
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