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Post by bigchungus91354 on Jan 29, 2019 13:55:39 GMT -5
We have a forum for trading strategies - it'd be best if you take this discussion there. Thank you, what's the name of that folder? Also, what is the intended purpose of this forum, it is unclear from the title? |
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Post by liane on Jan 29, 2019 14:23:47 GMT -5
Trading and Investing Strategies - MNKD and others.
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Post by peppy on Jan 29, 2019 16:19:18 GMT -5
That was awful. MNKD Nasdaq real time volume, 1,844,186 shares. MNKDNasdaq summary volume, 3,177,032 shares. MNKD $1.19. -0.07. -5.56% www.nasdaq.com/symbol/mnkd |
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Post by rockstarrick on Jan 29, 2019 18:27:46 GMT -5
Those $1.16 shares are as good as gone !! They’ll drop it, snatch those shares, and it’ll be up before you can buy. I’ve seen it too many times with stops. The day we received FDA approval we were sitting at $11.75 when I left a Dr appointment. I drove 2 blocks and was sitting at a stop light. By the time the light turned green, the stock dropped over $3 bucks to take out $8 stops, then by the time I could get pulled over it was back up over $9.50, and finally settled at $10. Now in this case, these people who had their shares stolen from them, made out like bandits because our partner had zero intentions of helping mnkd or Afrezza. But if things would’ve played out differently, for instance, the stock continued to rise, and Sanofi were to buy out mnkd for $50/share, those with stops would’ve missed that one. I do trade around my core, but I like to do it on my terms !! I hate getting stopped out. Good Luck to you ✌🏻😎 But there is a lot of downside risk, especially if they dilute again as a result of a deal at one of these upcoming conferences. I can't watch the ticker all day, every day. How would you mitigate the risk? I wish I had an answer for you on that one. All I am going to say is this,, If you believe that Afrezza is here to stay, (I do), then either MNKD will eventually be a profitable Company alone, through a partnership with a major pharmaceutical company, or someone will either buy the company, or buy Afrezza. If any of these possibilities arise, before the pop, there will be a drop to take out stops. The way I work around this is I hold a core position, and trade around it, but I rarely use stops. There is absolutely nothing wrong with protecting your investment with a stop loss !! But if you don’t hold a core, you could get stopped completely out of your position, at the rock bottom shareprice that you were willing to hold. I can say with confidence, if there is good/great news of any kind, the shares protected with stops will be sold at that price before any rise. Go back and look at the trend on June 27, 2014, the day of fda approval, this is a great example of this. I have no idea how this will play out, so please do your own DD, and stick to your game plan !! I could be on the wrong side of the game, but I’m betting, with my core position, that I’m not. The best investing advice I can give you, is never take advice from the Bass Player !! ✌🏻🎸😎 |
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Post by prcgorman2 on Jan 29, 2019 22:20:20 GMT -5
Um, isn't that a bass guitar in the picture with a Sig 9mm, a 1911, and an AR? (Guessing at all of it - always liked the picture btw).
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Post by rockstarrick on Jan 30, 2019 0:31:02 GMT -5
Um, isn't that a bass guitar in the picture with a Sig 9mm, a 1911, and an AR? (Guessing at all of it - always liked the picture btw). It’s an American Made Fender Precision Bass, with a Rock River Arms custom made AR15, and a Barretta M9 that my father received when he graduated from the FBI Academy in 1980, and my Springfield Arms XDM 9mm, all displayed on my American Flag that flies proudly at the front of my house 365 days a year. The Barretta is nearly 40 years old, and never been loaded. My Father handed it down to me about 10 years ago. Growing up in Northwest Montana, I’ve always been a very active Outdoorsman, and have quite the gun collection. I have put all my kids, nephews, and my grandson through Firearm Safety, my youngest son completed the course at 7 years old. I believe that was the youngest person to complete the course in that County, ever. i guess you could say I’m a very proud, patriotic American Bass Player. ✌🏻🎸😎🇺🇸 |
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Post by mytakeonit on Jan 30, 2019 2:39:42 GMT -5
So a pic of my slingshot won't get you excited??? Missed my buy order at $1.16 today by a penny. Should have shaved it and buy a bunch more shares. I really think ...  Yes, I do think. I think things will be looking really GREAT soon. (quote from Tony the Tiger) |
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Post by prcgorman2 on Jan 30, 2019 7:01:59 GMT -5
Being invested in MNKD and watching the fiasco with Sanofi and the Al Mann drama with and jailing of Martin Shkreli and observing illegal naked shorting as evidenced by MNKD being on the SEC's SHO list as well as the hundredth-of-a-cent bid/ask widen spread stock price manipulation to cap growth on volume has made me a not very trusting person when it comes to MNKD stock price changes up or down on volume which has been heavy-ish this week.
This week's drive down may be trader's shorting on weak Rx in Q1 because of insurance program changes (presumably) and taking modest money as they can, and expecting to cover and make money on volatility with Rx recovers and picks up steam. I never really know, but now I always mistrust. Bleh.
I've finally taken some time to look at the 4Q2017/2018 Rx rise-dip-recover in terms of depth of the dip in percentage, and time to recover to have some feel for what that pattern that is emerging should look like in 2019. It's not good and we should hope the recovery is faster or this recent beat down on the stock price could take us into below $1 territory which may trigger the NASDAQ de-listing protocol (again), but which actually will help me on my next purchase of MNKD except for the part where my wife will fuss about "good money after bad" (oh she of little faith).
Anyway, the peak in 2017 was the third week of December and the dip bottomed out in the 2nd week of January, so a chart shows a cliff-edge change in weekly Rx. The percentage loss in weekly Rx was in the 30% to 40% range. The 2018 weekly Rx numbers did not reliably retrace to the December 2017 peak until the 2nd week of May 2018 in the middle of the 2nd quarter. Ouch.
The peak-dip for 4Q2018 going into 2019 has almost the exact same timing and change in percentage as the 2017/2018 pattern but a few percentage points worse. I never know what to expect, but if the recent sell volume is based on "honest" traders betting on a long Rx recovery, this could be an uncomfortable first and second quarter for stock price and NASDAQ protocols.
Buy low sell high!
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Post by brotherm1 on Jan 30, 2019 7:32:04 GMT -5
I’m almost certain we were not running TV ads early last year. And I don’t know for sure, but I don’t think we had a full sales force running in January last year
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Post by figglebird on Jan 30, 2019 7:41:17 GMT -5
all noted - so the direct purchase program is one obvious way mgmt seems to be adressimg that data - with that comes two likelyhoods
1. The meaningful leg work was done bf launch(w january as a parameter) through advocates/doctors/patients, ensuring targeted goals and a succsessful completion of them - meaning a pr is already written that states due to over denamd we are extending patient numbers thru feb in order to draw attention to issue of insulin gouging etc
2. Mgmnt is winging it hoping somehow that a pr will translate to those they are targetimg which would suck and be problematic.
version 1 has the capacity to be a major infkection point
versuon 2 would increase prior projection of selling on weak seasonal rx trend 2-5x
im betting on 1.
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Post by peppy on Jan 30, 2019 7:55:49 GMT -5
I am feeling the crush here as well. I need to do a quick review.   The debt under some form of control deerfield almost bought out, more control over the value of our patents. UTHR. saved by the bell.  |
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Post by Omega on Jan 30, 2019 11:40:39 GMT -5
Set my SL's at 1.16, if we fall under that we're likely to slide under a buck and I'll re-buy down there. Those scripts are brutal, maybe advertising will help. Those $1.16 shares are as good as gone !! They’ll drop it, snatch those shares, and it’ll be up before you can buy.... ✌🏻😎 Looks like RSR was correct,those shares as good as gone, stock dipped to $1.15. did you adjust your SL BigC? |
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Post by buyitonsale on Jan 30, 2019 11:45:55 GMT -5
I just keep adding on dips to my swing position (currently 20K @ 1.31) and waiting for that morning PR...
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Post by traderdennis on Jan 30, 2019 12:09:26 GMT -5
Those $1.16 shares are as good as gone !! They’ll drop it, snatch those shares, and it’ll be up before you can buy.... ✌🏻😎 Looks like RSR was correct,those shares as good as gone, stock dipped to $1.15. did you adjust your SL BigC? From the tape, only about 20K shares traded at 1.15 so I am guessing his position was about 10K shares, not 200K shares. |
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Post by hellodolly on Jan 30, 2019 13:05:55 GMT -5
I just keep adding on dips to my swing position (currently 20K @ 1.31) and waiting for that morning PR... We are on the same train. |
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Yes, I do think. I think things will be looking really GREAT soon. (quote from Tony the Tiger)
