As many biotech investors noticed, shares of Affymax (AFFY +0.00%) exploded yesterday, up 54%, with an unheard of amount of trading volume. In this video, Motley Fool health-care analyst David Williamson unwinds some of the rumors that may have led to this stock's jump, and warns investors that taking a position in this stock right now isn't investing, it's gambling, and you may be betting on a very shaky horse.
Steer Clear of Affymax's Mysterious Pop
By Dave Williamson – Mar 8, 2013 at 7:24PM
OTC: AFFY
Affymax
Market Cap
$0.0M
Today's Change
-
(0.00%) $0.00
Current Price
$0.00
Price as of November 3, 2025 at 12:11 PM ET
This is a rocket ride you want no part of.
About the Author
The Motley Fool's Healthcare Analyst, I specialize in Pharma, Biotech, and how the ACA (Obamacare) is changing the business of healthcare in America. Follow me on Twitter for breaking stock news, policy thoughts, and misc musings...
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