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A 'Bear Raid' in Affymax (AFFY)?; Shares Plunge

March 27, 2012 10:33 AM EDT
Traders are chatting about the "bear raid" being seen in Affymax, Inc. (Nasdaq: AFFY) ahead of today's FDA decision on peginesatide, which in December an FDA panel backed 15 to 1.

Shares of AFFY are recovering off the lows, but still down 8.5%.


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