explain the volume over the last couple of days...
20mil+ 7 may up day 40mil+ 8 may up day 42mil+ 9 may up day 20mil+ 10 may down day
who has been buying and why havn't they sold after the Q10. On may 10th the price went overnight down from 1.80 to 1.45 on 300,000 shares. Most volume on friday was around 1.3 all day not even taking the PPS down further. Stocks that say they might fill for BK mostly go down like 70-80 or even 90% a day. But not AFFY. AFFY went up 125% in 3 days to go down only 25% on friday...
why should short cover when AFFY is going BK and there is nothing left? Short can cover much lower soon iyo so why cover now and make the PPS go up.
i'm in at 1.31 so still breakeven and on most stock i would say you are right. But AFFY is acting much different from other "soon bk stocks"...
And that is the whole story... you only see what you are used to see and now willing to see... gltu