Past AFFY stock holders

[gambler2075]

Added 5K at 3.02 for 15k shares at 3.20 average... we shall see if the hype returns into the thursday CC or not... I could be totally wrong here (and will pay the price) but time will tell.

g

[gambler2075]

I will say that if this doesn't run into the CC, then the pps is probably going to drift down to 2.70, where I would plan to load in size (50-100k shares) for a 50-75% bounce on any tidbit of good news (or even a rumor)

g

[gambler2075]

Huge, auto-refreshing sells appearing at 3.25, sold at 3.22, +300, from down 4000 this AM.

[gambler2075]

Rebought at 3.22, planning on holding...

[Slug]

Still watching. Looking for the retreat. May jump in at 3.01.

[KTP]

I could have sold today (or the past few days) for a ~$2000 profit since I am in at $2.40 but I kind of want to try out a 5 bagger since I have never had one before. I realize that is a very long shot, but after losing over $3k in Apple, I feel like biotech might not be such a big gamble after all.

[Slug]

Looks like momentum is dropping off this afternoon.

[KTP]

I would guess that it will trade around $3 until either it goes to $1 or $10

[Slug]

Ha, that's quite a spread. How much are those $10 calls going for these days? I'd be willing to sell you a bunch!

[KTP]

Gambler, you still holding? AFFY bounced up today to 3.25

I am taking profits at $15....don't want to get greedy

[Slug]

Crap. I thought it would bounce today after the late sell-off, but I hesitated on the trigger because it seemed like there was still some heavy downside potential. Oh well.

[gambler2075]

Oh my.

[Slug]

Ouch. Hope you guys still trading were not holding overnight.

[KTP]

I only sold half a few days ago at $3.24 because I needed more money to buy Apple $440 calls.

So yeah, I am still holding 1000 shares bought at $2.40, hey, but on the positive side my Apple calls purchased with the money are up a bit more than the current AFFY loss.

I guess that is the ups and downs of trading.


Any idea why they would talk bankruptcy with 80mil in the bank...or even 40mil in the bank if they have burned through 40mil of cash?

[Slug]

Guess it depends on burn rate. Nice bounce today for sure, but no clear path ahead for this one.

I picked up some DCTH yesterday and will look to add anywhere below $1.60. Doubt it will make any big moves before April but then expect interest to increase headed into PDUFA decision goal date of 6/15/13. Although I like it's chances, I probably won't be holder through that meeting.