|
|
Post by peppy on Aug 14, 2019 13:55:56 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) The country is flat with little elevation, having an average height above sea level of 31 metres (102 ft).
Buy high. |
|
|
|
Post by mytakeonit on Aug 14, 2019 14:00:49 GMT -5
So peppy means ... Buy high ... Sell low ? Hmmm ... that kinda makes my investor head dizzy.
But, that's mytakeonit
|
|
|
|
Post by matt on Aug 14, 2019 15:47:57 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) That can happen when assets are overpriced and people put so much money in the bank that the bank has to charge negative interest rates. If you think housing prices are overinflated, would you buy a house for $500,000 at 0% interest if you thought the future price in five years was only going to be $450,000? You still have to repay the principal, and when yields go upside down then there may not be that much income from renting out the house. FYI, the yield curve on US Treasuries has inverted a few times in recent days. Normally it costs the US Treasury more to borrow long-term than it does to borrow short-term, but as I type this the one-month yield is 1.98% while the five-year bond is 1.51%. When the curve inverts and stays that way either asset prices are upside down, we are heading into a period of deflation, or a bit of both. |
|
|
|
Post by mannmade on Aug 14, 2019 18:07:24 GMT -5
Yes, the last time this happened in the bond market where the 10 year paid less than the 2 yr was 2007. And we all know what 2008 ushered in...
|
|
|
|
Post by peppy on Aug 14, 2019 18:17:02 GMT -5
Yes, the last time this happened in the bond market where the 10 year paid less than the 2 yr was 2007. And we all know what 2008 ushered in... Date 1 Mo 2 Mo 3 Mo 6 Mo 1 Yr 2 Yr 3 Yr 5 Yr 7 Yr 10 Yr 20 Yr 30 Yr 08/01/19 2.11 2.14 2.07 2.04 1.88 1.73 1.67 1.68 1.77 1.90 2.21 2.44 08/02/19 2.11 2.12 2.06 2.02 1.85 1.72 1.67 1.66 1.75 1.86 2.16 2.39 08/05/19 2.07 2.08 2.05 1.99 1.78 1.59 1.55 1.55 1.63 1.75 2.07 2.30 08/06/19 2.05 2.08 2.05 2.00 1.80 1.60 1.54 1.53 1.62 1.73 2.03 2.25 08/07/19 2.02 2.04 2.02 1.95 1.75 1.59 1.51 1.52 1.60 1.71 2.01 2.22 08/08/19 2.09 2.07 2.02 1.96 1.79 1.62 1.54 1.54 1.62 1.72 2.02 2.25 08/09/19 2.05 2.06 2.00 1.95 1.78 1.63 1.58 1.57 1.65 1.74 2.03 2.26 08/12/19 2.09 2.06 2.00 1.94 1.75 1.58 1.51 1.49 1.56 1.65 1.92 2.14 08/13/19 2.05 2.04 2.00 1.96 1.86 1.66 1.60 1.57 1.62 1.68 1.94 2.15 |
|
|
|
Post by prcgorman2 on Aug 15, 2019 9:06:37 GMT -5
Is it just me, or is MNKD trading at triple normal volume?
|
|
paul
Researcher
Posts: 134
|
Post by paul on Aug 15, 2019 10:28:17 GMT -5
Is it just me, or is MNKD trading at triple normal volume? It had a bit of a sell-off with volume on the opening; trading down to $1.02; maybe just a late reaction to the overall market sell-off yesterday; stabilized and looks more as usual now. |
|
|
|
Post by awesomo on Aug 15, 2019 12:01:45 GMT -5
Back down to 1.02 after an unusual midday spike down (usually just occurs on market open) and dangerously close to the $1 psychological barrier.
If you're looking for "cheap" shares, might be good time to lowball an offer in the .90s because I would guess a lot of sell stop orders will get triggered if this falls below $1.
|
|
|
|
Post by kite on Aug 15, 2019 12:10:19 GMT -5
Back down to 1.02 after an unusual midday spike down (usually just occurs on market open) and dangerously close to the $1 psychological barrier. If you're looking for "cheap" shares, might be good time to lowball an offer in the .90s because I would guess a lot of sell stop orders will get triggered if this falls below $1. My $1.04 order hit. I should be happy, right? |
|
|
|
Post by joeypotsandpans on Aug 15, 2019 12:19:03 GMT -5
Is it just me, or is MNKD trading at triple normal volume? It had a bit of a sell-off with volume on the opening; trading down to $1.02; maybe just a late reaction to the overall market sell-off yesterday; stabilized and looks more as usual now. An excellent read for you and others that are not already familiar with how this works, if you didn't know any better you would think they were specifically writing about this breakthrough technology biotech company and the cast of characters here, SA, and MNKD Stocktwits etc. I bet if you asked 20 folks familiar with this they would put the same names for the roles that the article refers to when talking about certain bloggers etc. the daily walk down is what you're witnessing today nothing to do with the rest of the market...if you haven't noticed this equity has it's own daily methodology, keep your eye on the prize  smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/ |
|
|
|
Post by mytakeonit on Aug 15, 2019 12:21:40 GMT -5
kite ... unless you bought a ton of shares ... you won't be happy when MNKD pps goes thru the roof. The "OH NO! I should have bought more shares!!!" feeling will hit you.
But, that's mytakeonit
|
|
|
|
Post by prcgorman2 on Aug 15, 2019 12:38:12 GMT -5
It had a bit of a sell-off with volume on the opening; trading down to $1.02; maybe just a late reaction to the overall market sell-off yesterday; stabilized and looks more as usual now. An excellent read for you and others that are not already familiar with how this works, if you didn't know any better you would think they were specifically writing about this breakthrough technology biotech company and the cast of characters here, SA, and MNKD Stocktwits etc. I bet if you asked 20 folks familiar with this they would put the same names for the roles that the article refers to when talking about certain bloggers etc. the daily walk down is what you're witnessing today nothing to do with the rest of the market...if you haven't noticed this equity has it's own daily methodology, keep your eye on the prize smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/Looks like the hundredth-of-a-cent bid/ask pitch-and-catch going on too. |
|
|
|
Post by joeypotsandpans on Aug 15, 2019 13:03:52 GMT -5
An excellent read for you and others that are not already familiar with how this works, if you didn't know any better you would think they were specifically writing about this breakthrough technology biotech company and the cast of characters here, SA, and MNKD Stocktwits etc. I bet if you asked 20 folks familiar with this they would put the same names for the roles that the article refers to when talking about certain bloggers etc. the daily walk down is what you're witnessing today nothing to do with the rest of the market...if you haven't noticed this equity has it's own daily methodology, keep your eye on the prize smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/Looks like the hundredth-of-a-cent bid/ask pitch-and-catch going on too. This has been textbook from the beginning....there is no reason to engage with those looking to argue/antagonize you. You'll notice I don't respond to certain individual posters or if I do it is for the benefit of others to see how ridiculous something is, like the HFM situation. I couldn't even begin to respond to Matt's response on my post about the negative interest rates in Denmark and property values etc. That has been the core of my business and career for over 30 yrs. and it would have most likely escalated into it's own off topic thread. Sometimes it's best to not even respond. |
|
|
|
Post by boca1girl on Aug 15, 2019 15:27:27 GMT -5
Back down to 1.02 after an unusual midday spike down (usually just occurs on market open) and dangerously close to the $1 psychological barrier. If you're looking for "cheap" shares, might be good time to lowball an offer in the .90s because I would guess a lot of sell stop orders will get triggered if this falls below $1. My $1.04 order hit. I should be happy, right? I bought at 1.03 today and asking the same question. My last purchase was at $1.51. Warren Buffett likes it when the stocks he owns go on sale so he can buy more. It didn’t work so good when he bought IBM though. |
|
|
|
Post by awesomo on Aug 15, 2019 15:42:56 GMT -5
I bought at 1.03 today and asking the same question. My last purchase was at $1.51. Warren Buffett likes it when the stocks he owns go on sale so he can buy more. It didn’t work so good when he bought IBM though. True, but Buffett invests in companies that he believes has strong fundamentals, so as long as those stay strong, he has no problem adding more at lower levels. MannKind's fundamentals suck, so it's still clearly a speculation stock (sadly after all these years), something that Buffett wouldn't touch. |
|
