Taking more AFFY off the table

The AFFY PDUFA date is tomorrow. As previously mentioned, I lightened my AFFY holding by 50% on Friday. This morning I reduced again by another 50%. So I am now holding one quarter of my original shares. I sold on Friday at $13.41 (22% gain) and this morning sold for $14.01 (27% gain). An approval might generate a bit of a pop but I think that there is such expectation for an approval built in that the spike might not be too dramatic. Given that, I will probably close this out towards the end of the day.


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