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Post by brotherm1 on Jun 6, 2018 21:22:39 GMT -5
hahaha. That’s the first time I’ve ever seen you not get any thumbs up - even after just a minute or two let alone the eight hours that have now passed. I guess perhaps eveyone here can relate to buyiing on a run-up and does not appreciate being called stupid. 😎. haha
Although I appreciate it. I’ve done it way too many times over decades. Never again though. 🙂
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Post by babaoriley on Jun 7, 2018 22:40:53 GMT -5
I am assuming some of the buyers @$6 never shorted. You're not stupid, Kastanes, just transparent. You know exactly what happened with that $6 raise. |
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Post by babaoriley on Jun 7, 2018 22:44:09 GMT -5
I am assuming some of the buyers @$6 never shorted. If traders bought in on what amounted to a brief 3-5 day spike, hoping to make a quick buck, then they deserve what they got. The more prudent investors were actually selling a percentage of their positions when MNKD pps reached the $6 level and are now playing with free money if they re-invested their gains.
It amazes me sometimes how traders like to blame the company for those losses rather than acknowledging their own stupidity.
Paraphrasing General Patton, MN, the idea in stock trading is to make the guy on the opposite side of the trade acknowledge their stupidity! |
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