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Post by trenddiver on Dec 24, 2014 11:43:25 GMT -5
Some of the important internal indicators (MACD, RSI) have turned bullish indicating higher prices to come. The 50 day moving average is at $5.78 which should offer some resistance. The next stop looks to be at $6.50-$6.60 (recent high) and then maybe a run test the 200 day moving average at $7.06.. Happy holidays and GLTA.
TREND
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Post by chicagpete on Dec 24, 2014 11:56:17 GMT -5
I apologize Trendriver. But what is MACD and RSI?
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Post by babaoriley on Dec 24, 2014 12:46:13 GMT -5
Let me interject (as I'm loathe to do - LOL), RSI is, I believe, relative strength index, and MACD has something to do with Alexander the Great, I think.
Moving averaged convergence divergence. You can google these terms and you will get a nice explanation.
Trend, hope you're right (I suspect you are), your technicals are converging with Spiro's emotionals, that's a very powerful symbiosis.
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Post by spiro on Dec 24, 2014 13:47:16 GMT -5
For those of you lucky enough to privately converse with Spiro. Spiro announced a buy signal at $5.06. MNKD closed at $5.10 that day and has now moved up 6 consecutive trading sessions. Spiro expects this trend to continue deep into January. Spiro also believes that Baboriley's recent posting is indicative of a hidden explosion of irrational exuberance developing in Babaoriley, regarding MNKD's future prospects. Spiro's sources continue to say that a late January launch is likely and that the launch will be an explosive controlled launch. Try and figure that one out Biotech. It is Spiro opinion that SNY is only capable of perpetuating a controlled launch. Now, if MNKD were in full control of the launch, there would have been a 90% chance of an uncontrolled launch developing. We are very lucky that is not the case. BTW, MNKD is still selling at Black Friday prices, but the sale is almost over.
Happy Holiday's and/or Merry Christmas to all,
Spiro
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Post by brentie on Dec 24, 2014 16:25:05 GMT -5
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Post by babaoriley on Dec 24, 2014 18:21:05 GMT -5
Second the merry Xmas and happy holiday sentiments!
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Post by joeypotsandpans on Jan 8, 2015 15:26:32 GMT -5
I guess we're now solidly below the 50d. The IBB is setting new record highs today and MNKD is down. We got a drop rather than a rise on conclusion of Piper Jaffray conference today. Putting a positive spin on this... Joey, how "good" do you think that "buying opportunity" you're looking for will get? Sorry for the late response but I've been in Rip Van Winkle mode: The story of Rip Van Winkle is set in the years before and after the RAA Insulin Revolutionary War. In a pleasant village, at the foot of New York's Catskill Mountains, lives kindly Rip Van Winkle, a colonial British-American villager of Dutch ancestry. Van Winkle enjoys solitary activities in the wilderness, but he is also loved by all in town—especially the children to whom he tells stories and gives toys. However, he tends to shirk market noise, to the nagging shorts dismay, which has caused his home and business to continue in orderly fashion. One winter day, to escape the nagging shorts, Van Winkle wanders up the mountains with his dog, Wolf. Hearing his name called out, Rip sees a man wearing antiquated Dutch clothing; he is carrying a keg up the mountain and requires help. Together, they proceed to a hollow in which Rip discovers the source of thunderous noises. A group of ornately dressed, silent, bearded men who are playing nine-pins. Rip does not ask who they are or how they know his name. Instead, he begins to drink some of their moonshine and soon falls asleep. He awakes to discover shocking changes. His musket is rotting and rusty, his beard is a foot long, and his dog is nowhere to be found. Van Winkle returns to his village where he recognizes no one. He discovers that most longs have capitulated and that his close friends have also fallen prey in a war of attrition. He gets into trouble when he proclaims himself a loyal subject of Al Mann, not aware that the RAA Insulin Revolution has taken place. Lars Rebien Sørensen portrait in the inn has been replaced with one of Al Mann. Rip Van Winkle is also disturbed to find another man called Rip Van Winkle. It is his son, now grown up. Rip Van Winkle learns the men he met in the mountains are rumored to be the ghosts of Jason Karp's crew, which had vanished long ago. Rip learns he has been away from the village for at least twenty years. However, an old resident recognizes him and Rip's grown daughter takes him in. He resumes his usual idleness, and his strange tale is solemnly taken to heart by the Dutch settlers. Other hen-pecked longs wish they could have shares in Rip's good luck and had the luxury of sleeping through the hardships of the ongoing battles between the MNKD bears and bulls. Almost forgot to answer your question....while in Rip Van Winkle mode I would follow Coco's suggestion and put limit orders in thirds for the total amount desired to purchase as follows: 4.50, 4.10, 3.85. This would assume that you already hold most of the long position that you wish to carry but in case the large short contingent decides to go down with a fight, I could see the last shoulder of the large inverse H&S pattern I mentioned in previous post take hold after which it would open the door for new heights and unchartered territory. So to summarize, I continue to hold long and wake me up come next October with the possibility of being longer with a reduced avg. cost....all else is just noise to me at this point in the process....Zzzzzzz Zzzz Zzzz There is a possibility that Rip might wake up on Monday 1/26  .....for cause to celebrate, just sayin : )))) |
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Post by dreamboatcruise on Jan 8, 2015 16:03:07 GMT -5
26th?
Care to speculate on where we'll be at 17th options expiration?
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Post by babaoriley on Jan 8, 2015 16:33:21 GMT -5
Well, Joey, in my Scheherazade mode, sounds like you've got cards you ain't showin'! Hope you're right.
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Post by chicagpete on Jan 8, 2015 16:41:42 GMT -5
My birdies are chirping(loudly) the same as as Mr RIP........But I never sleep - so I will already be awake on the 26th
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Post by joeypotsandpans on Jan 8, 2015 16:45:49 GMT -5
26th? Care to speculate on where we'll be at 17th options expiration? Purely speculation? How does 7 "strike" you...I did put an order in for 40 Jan'17 3 strike calls today @ 3.20 but someone came in front and grabbed them @ 3.35...oh well, as they say "the bus stops every 20 minutes" just catch the next one  |
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Post by joeypotsandpans on Jan 8, 2015 16:59:00 GMT -5
Well, Joey, in my Scheherazade mode, sounds like you've got cards you ain't showin'! Hope you're right. Never said why I will be celebrating, for all I know my younger kid might be getting into Pharmaceutical School |
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Post by trenddiver on Jan 9, 2015 11:35:13 GMT -5
Battle being fought at 50 day MA currently at $5.74. Internal momentum indicators both daily and weekly are constructive for continual increase in PPS. Share price has moved to the upside out of a triangle formation. I am looking for the share price to continue to the upside and test the 200 day MA currently at $7.08 within the next month.
Trend
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Post by joeypotsandpans on Jan 12, 2015 14:05:59 GMT -5
26th? Care to speculate on where we'll be at 17th options expiration? Purely speculation? How does 7 "strike" you...I did put an order in for 40 Jan'17 3 strike calls today @ 3.20 but someone came in front and grabbed them @ 3.35...oh well, as they say "the bus stops every 20 minutes" just catch the next one Just caught the "next bus" and got my order for 50 contracts filled @ 3.10, that will be it for me as far as purchases for the foreseeable future, have my fill....back to Zzz Zzz mode. As far as the news on Al, I agree with Liane in the idea that any news on Al's health with respect to the s/p will be minimized as he removes himself from the overall picture. |
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Post by joeypotsandpans on Jan 22, 2015 14:37:50 GMT -5
Sorry for the late response but I've been in Rip Van Winkle mode: The story of Rip Van Winkle is set in the years before and after the RAA Insulin Revolutionary War. In a pleasant village, at the foot of New York's Catskill Mountains, lives kindly Rip Van Winkle, a colonial British-American villager of Dutch ancestry. Van Winkle enjoys solitary activities in the wilderness, but he is also loved by all in town—especially the children to whom he tells stories and gives toys. However, he tends to shirk market noise, to the nagging shorts dismay, which has caused his home and business to continue in orderly fashion. One winter day, to escape the nagging shorts, Van Winkle wanders up the mountains with his dog, Wolf. Hearing his name called out, Rip sees a man wearing antiquated Dutch clothing; he is carrying a keg up the mountain and requires help. Together, they proceed to a hollow in which Rip discovers the source of thunderous noises. A group of ornately dressed, silent, bearded men who are playing nine-pins. Rip does not ask who they are or how they know his name. Instead, he begins to drink some of their moonshine and soon falls asleep. He awakes to discover shocking changes. His musket is rotting and rusty, his beard is a foot long, and his dog is nowhere to be found. Van Winkle returns to his village where he recognizes no one. He discovers that most longs have capitulated and that his close friends have also fallen prey in a war of attrition. He gets into trouble when he proclaims himself a loyal subject of Al Mann, not aware that the RAA Insulin Revolution has taken place. Lars Rebien Sørensen portrait in the inn has been replaced with one of Al Mann. Rip Van Winkle is also disturbed to find another man called Rip Van Winkle. It is his son, now grown up. Rip Van Winkle learns the men he met in the mountains are rumored to be the ghosts of Jason Karp's crew, which had vanished long ago. Rip learns he has been away from the village for at least twenty years. However, an old resident recognizes him and Rip's grown daughter takes him in. He resumes his usual idleness, and his strange tale is solemnly taken to heart by the Dutch settlers. Other hen-pecked longs wish they could have shares in Rip's good luck and had the luxury of sleeping through the hardships of the ongoing battles between the MNKD bears and bulls. Almost forgot to answer your question....while in Rip Van Winkle mode I would follow Coco's suggestion and put limit orders in thirds for the total amount desired to purchase as follows: 4.50, 4.10, 3.85. This would assume that you already hold most of the long position that you wish to carry but in case the large short contingent decides to go down with a fight, I could see the last shoulder of the large inverse H&S pattern I mentioned in previous post take hold after which it would open the door for new heights and unchartered territory. So to summarize, I continue to hold long and wake me up come next October with the possibility of being longer with a reduced avg. cost....all else is just noise to me at this point in the process....Zzzzzzz Zzzz Zzzz There is a possibility that Rip might wake up on Monday 1/26 .....for cause to celebrate, just sayin : )))) The following is the link to the chart I was referring to with the long term inverse head and shoulders pattern...time recently has fallen into developing the "right" inverse shoulder....continue to be aware that sudden drops are still a possibility that are within play that could test under $5 before we break out of the recent range....keep in mind that shoulders are many times uneven which means that it doesn't have to exactly mirror identically the opposite shoulder finance.yahoo.com/echarts?s=MNKD+Interactive#%7B%22range%22%3A%2210y%22%2C%22scale%22%3A%22linear%22%7Dalso, shares available to short seem to have dried up again and are showing thin from IB currently: Symbol: MNKD Availability: 80'000 Exchanges: NASDAQ so with today's little uptick expect that to increase a bit heading into tomorrow, they still need to accumulate some decent ammo to try and drop it again. Short Interest is due out after close on Tues. 1/27, isn't that the day after 1/26?. |
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.....for cause to celebrate, just sayin : )))) 