|
|
Post by traderdennis on Aug 12, 2019 17:56:39 GMT -5
How did those $2 UTHR put shares do? Down close to 40%? Not sure what you're talking about...are you sure you have the right person? Please double check and confirm with something because as far as I can recall I never did any options on UTHR so pretty sure you have me mixed up with someone else, but my AUG 28 185 PUTS on the SPY's have worked out very well and I took those proceeds and bought the 10K shares pre quarterly call @ 1.14 so yes a bit early but liked what I saw in earnings announcement so was optimistic about the upcoming call  .....If you look back in this thread you will see that when I put up the contrasting charts of the divergences in RSI between the SPY topping and weakening strength with the new highs and conversely MNKD with the rising lows in the RSI (I believe you called it a bear flag if I'm not mistaken) that was close to the recent top in the SPY, I've had PUTS and have traded in and out of them during this "correction" and will continue to do so for the next couple of weeks at least. GL to you sir How quickly we forget: Essentially you purchased 20K shares @ 1.71 and your theisis was the UTHR put a floor in MNKD. So again how did that trade go? mnkd.proboards.com/thread/10448/uthr-putSep 7, 2018 at 12:44pm liane, otherottawaguy, and 13 more like this ReplyQuote like Post Options Post by joeypotsandpans on Sep 7, 2018 at 12:44pm Remember the term "the Bernanke Put" well that was to put a floor on the market and give investors the confidence to re-enter the markets and clearly gave a buy signal to the fund managers etc. The UTHR Put as I will refer to it is essentially the same idea regarding the buy side of this equity. IMO a "floor" has been established and solidified with Tuesday's announcement regarding the cash injection and potential cash inflows from the remaining milestones and royalties. Although I already have a fairly large core position, I purchased 20K (with trading partner so really 10K each) trading shares this morning at 1.71 which will be used to buy on any dips. I believe with the UTHR announcement that any dips will now be bought and the existing short shares will compete with new buyers looking to establish long positions. IMO this should be a buy the dip and sell the rip equity for a buy side bias going forward for trading shares only. If you are not trading any shares and have a core long position then you know what the longer term positives are for the company at this point. One caveat to the UTHR situation is that I believe there is the potential for LQDA to add a possible objection into the FTC mix, after all they are left standing alone at the alter now with what looks to be an inferior product, at worst I would expect that UTHR might have to divest some of their stranglehold on the PAH market if it is deemed there is an anti-trust issue. I am expecting/suspect that FUD to come into play while the 30 day period is in effect. In the end however, UTHR married with the right partner and it should be a win-win for both parties going forward. Could it have been a better deal had the company been in a different position, absolutely, but the more important aspect is the overwhelming vote of confidence UTHR displayed in Technosphere with the additional research request. Enjoy your weekends Read more: mnkd.proboards.com/thread/10448/uthr-put?page=3#ixzz5wQkLRw63 |
|
|
|
Post by joeypotsandpans on Aug 12, 2019 20:45:57 GMT -5
Not sure what you're talking about...are you sure you have the right person? Please double check and confirm with something because as far as I can recall I never did any options on UTHR so pretty sure you have me mixed up with someone else, but my AUG 28 185 PUTS on the SPY's have worked out very well and I took those proceeds and bought the 10K shares pre quarterly call @ 1.14 so yes a bit early but liked what I saw in earnings announcement so was optimistic about the upcoming call .....If you look back in this thread you will see that when I put up the contrasting charts of the divergences in RSI between the SPY topping and weakening strength with the new highs and conversely MNKD with the rising lows in the RSI (I believe you called it a bear flag if I'm not mistaken) that was close to the recent top in the SPY, I've had PUTS and have traded in and out of them during this "correction" and will continue to do so for the next couple of weeks at least. GL to you sir How quickly we forget: Essentially you purchased 20K shares @ 1.71 and your theisis was the UTHR put a floor in MNKD. So again how did that trade go? mnkd.proboards.com/thread/10448/uthr-putSep 7, 2018 at 12:44pm liane, otherottawaguy, and 13 more like this ReplyQuote like Post Options Post by joeypotsandpans on Sep 7, 2018 at 12:44pm Remember the term "the Bernanke Put" well that was to put a floor on the market and give investors the confidence to re-enter the markets and clearly gave a buy signal to the fund managers etc. The UTHR Put as I will refer to it is essentially the same idea regarding the buy side of this equity. IMO a "floor" has been established and solidified with Tuesday's announcement regarding the cash injection and potential cash inflows from the remaining milestones and royalties. Although I already have a fairly large core position, I purchased 20K (with trading partner so really 10K each) trading shares this morning at 1.71 which will be used to buy on any dips. I believe with the UTHR announcement that any dips will now be bought and the existing short shares will compete with new buyers looking to establish long positions. IMO this should be a buy the dip and sell the rip equity for a buy side bias going forward for trading shares only. If you are not trading any shares and have a core long position then you know what the longer term positives are for the company at this point. One caveat to the UTHR situation is that I believe there is the potential for LQDA to add a possible objection into the FTC mix, after all they are left standing alone at the alter now with what looks to be an inferior product, at worst I would expect that UTHR might have to divest some of their stranglehold on the PAH market if it is deemed there is an anti-trust issue. I am expecting/suspect that FUD to come into play while the 30 day period is in effect. In the end however, UTHR married with the right partner and it should be a win-win for both parties going forward. Could it have been a better deal had the company been in a different position, absolutely, but the more important aspect is the overwhelming vote of confidence UTHR displayed in Technosphere with the additional research request. Enjoy your weekends Read more: mnkd.proboards.com/thread/10448/uthr-put?page=3#ixzz5wQkLRw63Ahh, your original question/comment made it look like you were asking about UTHR PUTS which really threw me as I have never purchased/traded options on UTHR...you were referring to the trading block of MNKD shares that I mentioned after the UTHR announcement which worked out very well for my partner and myself for a few trades as it did in fact act as a trading floor from 9/18 up to the Dec. announcement of raising funds in the midst of the market volatility. If it helps you, I have had a core position that I don't touch, I also had several hundred options that I did extremely well on in Oct. of '17, you should pull up and review my posts from July or so into that $7 run up. I currently have 30K shares for trading, 20K at 1.18 and 10K at 1.14, these are outside my core long term holding. The 10K are for short term trading, the 20K I am holding for a bit longer, and my core is "locked up". I'm pretty transparent, which is a more than I can say for a select few of the "commentators" on here  |
|
|
|
Post by buyitonsale on Aug 12, 2019 22:14:35 GMT -5
Still waiting for 1.01 to fill... and it’s been a while...who thinks it will not ?
😊
|
|
|
|
Post by prcgorman2 on Aug 13, 2019 9:29:41 GMT -5
Based on latest earnings report and Earl Grey's and QoQ and YoY graphs, it is looking bleaker and bleaker your $1.01 order will fill.
|
|
|
|
Post by georgethenight2 on Aug 13, 2019 9:38:19 GMT -5
Based on latest earnings report and Earl Grey's and QoQ and YoY graphs, it is looking bleaker and bleaker your $1.01 order will fill. No worries. Xmas is only 4 months away. Still plenty of time to get your cheap shares. Before anyone says anything. It is meant in JEST! |
|
|
|
Post by buyitonsale on Aug 13, 2019 14:14:25 GMT -5
Just checking;)
It got close and I still think it is in play, compliments of our relentless short cavalry.
Well, if it does I will be lining up my .91 order;)
In this accumulation game one can never say “I’m all in”.
GLTAL
|
|
|
|
Post by cretin11 on Aug 13, 2019 16:07:38 GMT -5
Still waiting for 1.01 to fill... and it’s been a while...who thinks it will not ? 😊 Extremely likely that it will. About as close to a sure thing as you can get. IMO. |
|
|
|
Post by peppy on Aug 14, 2019 10:42:08 GMT -5
The stock market is down, $SPX -2.13% -62 points, $Nasdaq - 2.39% -191 points. MNKD Nasdaq real time volume at 2 hours and 10 mins of trade 560,258 shares. www.nasdaq.com/symbol/mnkd/real-timeThose low ball bids, not today. However the stock market is headed lower, I am not talking just today. |
|
|
|
Post by joeypotsandpans on Aug 14, 2019 11:44:51 GMT -5
The stock market is down, $SPX -2.13% -62 points, $Nasdaq - 2.39% -191 points. MNKD Nasdaq real time volume at 2 hours and 10 mins of trade 560,258 shares. www.nasdaq.com/symbol/mnkd/real-timeThose low ball bids, not today. However the stock market is headed lower, I am not talking just today.One of the most telegraphed rollovers I've seen (ala divergence below), as previously posted I expect the opposite with MNKD IMO  |
|
|
|
Post by ktim on Aug 14, 2019 11:55:16 GMT -5
The stock market is down, $SPX -2.13% -62 points, $Nasdaq - 2.39% -191 points. MNKD Nasdaq real time volume at 2 hours and 10 mins of trade 560,258 shares. www.nasdaq.com/symbol/mnkd/real-timeThose low ball bids, not today. However the stock market is headed lower, I am not talking just today.One of the most telegraphed rollovers I've seen (ala divergence below), as previously posted I expect the opposite with MNKD IMO For us novices at TA, what is the plot at the bottom of your screen? |
|
|
|
Post by peppy on Aug 14, 2019 11:58:04 GMT -5
The stock market is down, $SPX -2.13% -62 points, $Nasdaq - 2.39% -191 points. MNKD Nasdaq real time volume at 2 hours and 10 mins of trade 560,258 shares. www.nasdaq.com/symbol/mnkd/real-timeThose low ball bids, not today. However the stock market is headed lower, I am not talking just today.One of the most telegraphed rollovers I've seen (ala divergence below), as previously posted I expect the opposite with MNKD IMO Heh, Joey, nice chart. I have got to look at the divergences more. I am just looking at price behavior. I posted the Wolfe you are showing on the off topic board. same on the $nasdaq. Looked today, Wolfe targeting 7000 on the $nasdaq. (former divergence queen, bows to the divergence king.  ) |
|
|
|
Post by joeypotsandpans on Aug 14, 2019 12:15:01 GMT -5
One of the most telegraphed rollovers I've seen (ala divergence below), as previously posted I expect the opposite with MNKD IMO For us novices at TA, what is the plot at the bottom of your screen? Relative Strength (RSI), the idea is that as we minimally made and retested the highs it was on weaker and weaker strength...conversely as the s/p of MNKD continues to "languish" at these price levels it continues on weaker and weaker selloffs, thus the opposite with the rising lows as seen below:  Hope that helps, pictures are worth a thousand words......different sense of divergence but you get the "picture" |
|
|
|
Post by ktim on Aug 14, 2019 12:29:07 GMT -5
For us novices at TA, what is the plot at the bottom of your screen? Relative Strength (RSI), the idea is that as we minimally made and retested the highs it was on weaker and weaker strength...conversely as the s/p of MNKD continues to "languish" at these price levels it continues on weaker and weaker selloffs, thus the opposite with the rising lows as seen below: Hope that helps, pictures are worth a thousand words......different sense of divergence but you get the "picture" Thanks! That is a nice pattern for MNKD. |
|
|
|
Post by joeypotsandpans on Aug 14, 2019 12:31:55 GMT -5
The momentum indicators put the price behavior in the right context so to speak, thus the terms fake out break out and capitulation low...more for longer term perspectives, not so much day trading although it will help in deciding which trading bias one should look at going forward IMO. This was amusing to me today, a very respected and successful money manager I'm friends with sent me an email about how the mortgage rates in Denmark are actually negative, he compared it in a sense to the tulip bulb era...he is a huge gold bug and has been long KL since it was in single digits and has had all his accounts in it as well. So I said you mean I could take a mortgage out in Denmark (theoretically if you were a citizen) get paid interest AND rent the property out for income? Why would one invest in a yellow metal as opposed to purchasing the asset that is returning both interest and income? Waiting on the answer lol? Very strange times we're living in currently...including the best available insulin being kept in the corner by the bullies (insurance & gov't regulators) |
|
|
|
Post by mytakeonit on Aug 14, 2019 13:16:02 GMT -5
Hmmm ... I think I'd rather buy MNKD. Would be more soothing to do so, if you put the smileys back on the charts.
But, that's mytakeonit
|
|
)
