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Post by hellodolly on Aug 3, 2018 12:45:32 GMT -5
I went back to the monthly charts and found the trading range for the entire month of May 2017 was between 1.88 and 0.67, our lowest before the run up began and subsequent return. Starting June 26 this year, we entered into that range (1.88-0.67) and have been sitting in that channel since. I point this out because we are near completing the bottom of this and edging closer to a breakout, if history repeats itself and you believe bots control a lot of what happens (absence institutional and investor buying and selling). Trading bots are programmed with algo's that recognize these events. I'm still waiting to buy because I think this will get taken to sub $1 (within a few weeks) and then breakout. Thoughts by others who follow T/A.
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Post by mike0475 on Aug 3, 2018 13:15:26 GMT -5
Go sub 1.00 and I’m loading up like
2008 Phillies 2018 Eagles
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Post by novafett on Aug 3, 2018 13:51:08 GMT -5
Why the huge drop this afternoon (after 2pm CT in my case) something just get announced?
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Post by goyocafe on Aug 3, 2018 13:52:19 GMT -5
Why the huge drop this afternoon (after 2pm CT in my case) something just get announced? Not yet.
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Post by ilovekauai on Aug 3, 2018 13:52:52 GMT -5
I have no idea what the hell is going on Nova, none.
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Post by novafett on Aug 3, 2018 14:04:01 GMT -5
Dilution or some are saying default on Deerfield loan. Maybe delayed response to yesterdays financials. <shrug>
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Post by morgieporgie on Aug 3, 2018 14:06:57 GMT -5
I went back to the monthly charts and found the trading range for the entire month of May 2017 was between 1.88 and 0.67, our lowest before the run up began and subsequent return. Starting June 26 this year, we entered into that range (1.88-0.67) and have been sitting in that channel since. I point this out because we are near completing the bottom of this and edging closer to a breakout, if history repeats itself and you believe bots control a lot of what happens (absence institutional and investor buying and selling). Trading bots are programmed with algo's that recognize these events. I'm still waiting to buy because I think this will get taken to sub $1 (within a few weeks) and then breakout. Thoughts by others who follow T/A. Good call! I believe this is happening right now.
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Post by lennymnkd on Aug 3, 2018 14:07:44 GMT -5
who has this info , if any with no news published ! Or is it all BS.
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Post by traderdennis on Aug 3, 2018 14:08:23 GMT -5
Dilution or some are saying default on Deerfield loan. Maybe delayed response to yesterdays financials. <shrug> I would expect a pipe to be annouced real soon. Still only 6.5 million shares traded today, which does not bode well for the size of the pipe.
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Post by hellodolly on Aug 3, 2018 14:10:48 GMT -5
Talking with my broker, he's seeing big blocks of buying, too. Telling me to be patient.
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Post by esstan2001 on Aug 3, 2018 14:11:40 GMT -5
Dilution or some are saying default on Deerfield loan. Maybe delayed response to yesterdays financials. <shrug> I would expect a pipe to be annouced real soon. Still only 6.5 million shares traded today, which does not bode well for the size of the pipe. an impending pipe financing is not in line with what Mike said on yesterday's call about avoiding dilutive financings... don't think he would trash his own reputation that way.
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Post by hellodolly on Aug 3, 2018 14:17:21 GMT -5
Dilution or some are saying default on Deerfield loan. Maybe delayed response to yesterdays financials. <shrug> I would expect a pipe to be annouced real soon. Still only 6.5 million shares traded today, which does not bode well for the size of the pipe. I think Cantor and MNKD agreed to sell some here, just have to wait on news. Monday at the open could be the best chance to add, if it goes sub .90 I'm adding in tranches. .80 .70 and waiting from there for the ride back up. IMHO. GLTA
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Post by MnkdWASmyRtrmntPlan on Aug 3, 2018 14:20:50 GMT -5
There is a seeking alpha article that trashes MNKD, which could be a big part of the problem (I had posted it here, but decided not to possibly contribute to the madness and I removed it). Someone else said also a MF article came out at the same time.
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Post by boca1girl on Aug 3, 2018 15:00:05 GMT -5
Placed a “protective” buy order in at $1.00 to keep it from going back there after I saw the 99 cents hit. So far so good. But very depressing to watch this price action. I hope it’s the shorts last. Hurrah.
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Post by myocat on Aug 3, 2018 15:10:54 GMT -5
I am confused with a lot yahoo finance head lines vs stock pps.
Xx compnay posts lower loss than forcasted - PPS up (it is still a qtr loss) Yy company loss narrower than expected - PPS up (it is still a qtr loss)
MNKD slides despite revenue growth - See the trend here "growth" - PPS down....then the same BK song singing again.
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