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Post by babaoriley on Jan 26, 2015 10:17:08 GMT -5
Will be interesting if our share price is fly-swatted away at that price, or if we can burst that round number barrier. A few weeks ago, it stopped us, if you recall.
It's an interesting day already.
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Post by bighaus89 on Jan 26, 2015 13:06:47 GMT -5
I think the shorts are running out of the "ammo" they had over the past year. With only a small number of short shares available and sales beginning soon(and most risk has been removed over the past year), I think they will have a much harder time keeping a lid on the pps.
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Post by robsacher on Jan 26, 2015 14:30:50 GMT -5
Baba,
If I was a short I would return my shorted shares now and live to fight another day. The momentum for MannKind will carry the stock forward at least until an official announcement of Afrezza's launch which may not come for two or three weeks. By that point, MNKD may be trading over $8 p/s.
So often, we feel that "buy on the rumor and sell on the news" here. So, if I were a short, I would prefer to buy MannKind at $8 and hope to short it back down to $5, rather than hope to short it now against the rising tide.
Just my two cents.
RS
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Post by BlueCat on Jan 26, 2015 14:37:02 GMT -5
Baba, If I was a short I would return my shorted shares now and live to fight another day. The momentum for MannKind will carry the stock forward at least until an official announcement of Afrezza's launch which may not come for two or three weeks. By that point, MNKD may be trading over $8 p/s. So often, we feel that "buy on the rumor and sell on the news" here. So, if I were a short, I would prefer to buy MannKind at $8 and hope to short it back down to $5, rather than hope to short it now against the rising tide. Just my two cents. RS For Devil's Advocate - on the other hand, if they are successful at keeping the lid on the momo, they are just one FUD piece or another bad market day from sending down. A lot easier to capitalize on a bad day in the 6's and get back to 5's, then if your starting short is in the 8's ..... n'est-ce pas?
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Post by biotec on Jan 26, 2015 16:33:18 GMT -5
Good volume, Up in after hours.Lets go up,up,up!Not bad seeing the overall market was flat.Do you think we get a PR about the launch?
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Post by ezrasfund on Jan 26, 2015 17:15:28 GMT -5
One after hours trade that caught my eye, 50,000 shares @ $6.15.
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Post by babaoriley on Jan 26, 2015 22:42:30 GMT -5
One after hours trade that caught my eye, 50,000 shares @ $6.15. Spiro got caught with 2,050,000 shares; he hates not to have round numbers.
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Post by EveningOfTheDay on Jan 26, 2015 23:34:27 GMT -5
One after hours trade that caught my eye, 50,000 shares @ $6.15. Spiro got caught with 2,050,000 shares; he hates not to have round numbers. "Dunno" 2,050,000 looks pretty well rounded to me. Of course, 2,100,000 definitely looks prettier.
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Post by dreamboatcruise on Jan 27, 2015 0:13:55 GMT -5
One after hours trade that caught my eye, 50,000 shares @ $6.15. Spiro got caught with 2,050,000 shares; he hates not to have round numbers. If that isn't round enough, I'd have to cash out and round down to zero.
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Post by itrade on Jan 27, 2015 7:01:55 GMT -5
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Post by kc on Jan 27, 2015 10:37:37 GMT -5
Nice to see some green action on a day were the market is way off. Funny how MNKD reacts when the rest of the market has some neg pressure. We are on the Launch pad waiting for lift-off and its coming soon. I ready but don't have confirmation that Sanofi will have the first of what one would assume many webinars on Afrezza geared to the ENDO and GP. So slowly but SHORTLY we will see some action if Afrezza gains some traction.
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Post by babaoriley on Jan 27, 2015 10:41:24 GMT -5
So far, biotech in general is having a hugely outperform day compared to the rest of the market! And, MNKD is way outperforming the biotechs!
Congrats to those who felt the rally would continue strongly this week; I was not at all sure of that, but this morning's trading is pretty significant.
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Post by pmikeks on Jan 27, 2015 10:56:16 GMT -5
Seems to have problem breaking though major resistance at $6,30. If we can do that we may have a good run up
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Post by agedsagerage on Jan 27, 2015 11:14:30 GMT -5
Seems to have problem breaking though major resistance at $6,30. If we can do that we may have a good run up And wouldn't you know 6.30 happens to be my DCA. I'm so anxious to see black it hurts.
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Post by novafett on Jan 27, 2015 11:21:55 GMT -5
Nice to see green on a day where all my other holdings are red.
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