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Post by joeypotsandpans on Aug 19, 2019 16:17:43 GMT -5
This is not the thread to argue this and I’m mot going to. Suffice it for me to say about 50% of this stock’s shareholders are retail and they get their info from somewhere. We’ll just have to agree to disagree. They read this board and get their info from Peppy
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Post by winner on Aug 20, 2019 5:47:27 GMT -5
I have need of guidance from somebody! What is the difference between real time and summary volume? Thanks in advance.
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Post by Clement on Aug 20, 2019 9:49:06 GMT -5
On a weekly chart, Bollinger Bands for MNKD are now the narrowest in several years.
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Volume Six
Aug 20, 2019 16:31:32 GMT -5
via mobile
Post by mnholdem on Aug 20, 2019 16:31:32 GMT -5
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Post by seanismorris on Aug 20, 2019 16:46:36 GMT -5
On a weekly chart, Bollinger Bands for MNKD are now the narrowest in several years. I’m not seeing an imminent move, the bands have been narrow for 3 months. The market feels risk off... MNKD is high risk. Thats a big negative. The CC wasn’t enough to determine direction.... I don’t think the market is impressed with international efforts. We need scripts (multiple weeks) improvements. Our “hope” is GoodRx can provide a boost. How long does it take for the sales team to tell docs to recommend GoodRx rather than use insurance? The clock is ticking...
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Post by seanismorris on Aug 20, 2019 16:52:17 GMT -5
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Post by prcgorman2 on Aug 21, 2019 14:54:45 GMT -5
Wow. Looks like the shorts piled on hard between noon and one. Wonder what that is all about. Fear of Bollinger Bands signaling a move they didn't want to see? (Doesn't seem likely. Shorts haven't seemed to fear much.)
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Post by hellodolly on Aug 21, 2019 15:07:20 GMT -5
Wow. Looks like the shorts piled on hard between noon and one. Wonder what that is all about. Fear of Bollinger Bands signaling a move they didn't want to see? (Doesn't seem likely. Shorts haven't seemed to fear much.) I started to look at the last short report earlier today to see the increase and the dates. I want to know when they started shorting sub $1.20 and what date they crossed into that most recent figure. Have to wonder if retail shorts might get bear trapped at sub $1.04. But, if this get's past $1.20, which seems to be resistance, there will be small amount that will need to cover that shorted down here. That would be a 20% upward price move, against them.
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Post by apidistra on Aug 21, 2019 15:19:15 GMT -5
Yes, my own thought was tremendous pressure midday to push the price down, and sales at greater volumes occurring at a much lower price than could have been attained just an hour prior. Desperation?
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Post by peppy on Aug 21, 2019 15:34:44 GMT -5
MNKD Nasdaq real time volume, 1,883,197 shares. MNKD Nasdaq summary volume, 2,997,682 shares. MNKD $1.12. - 0.025 -2.18% www.nasdaq.com/symbol/mnkd
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Post by joeypotsandpans on Aug 21, 2019 15:55:42 GMT -5
MNKD Nasdaq real time volume, 1,883,197 shares. MNKD Nasdaq summary volume, 2,997,682 shares. MNKD $1.12. - 0.025 -2.18% www.nasdaq.com/symbol/mnkdMonday was interesting with the separation and noticeable decrease in percentage of naked short volume to actual volume:
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Post by cretin11 on Aug 21, 2019 16:16:21 GMT -5
Yes, my own thought was tremendous pressure midday to push the price down, and sales at greater volumes occurring at a much lower price than could have been attained just an hour prior. Desperation? Desperation on whose part?
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Post by prcgorman2 on Aug 21, 2019 17:17:29 GMT -5
cretin11 - the continuing volume of short sales is a sign of something. I look at motivation for short sales as a spectrum. Worst case is predatory action, then down from there is hedging, and down from there is retail shorts.
Many intelligent well educated and well-respected people and analysts (and MK) have claimed MNKD is egregiously under-valued for a company with patents, manufacturing, credible R&D, and an FDA-approved and currently marketed drug.
The conclusion I've come to is much of the shorting is predatory, especially when you look at the chart above, and the action from today.
I don't know if any shorts are desperate in terms of a concern for uncapped exposure to loss, but there do seem to be some shorts who are at least determined to depress the stock price. It's illegal, but damnably hard to prove and prosecute. (I'll offer a prayer. Maybe we'll get divine intervention.)
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Post by awesomo on Aug 21, 2019 17:25:31 GMT -5
As a far too long MNKD long, we have been on the wrong side of the "MNKD is grossly undervalued" argument for years now. I'm sick of hearing it, and I'm sick of hearing about how predatory shorts are destroying the PPS. Can we blame them? It's been like taking candy from a baby for far too long.
Here's a quick fix on how to beat the shorts, DELIVER RESULTS. All this speculation isn't going to do anything.
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Post by cretin11 on Aug 21, 2019 19:23:13 GMT -5
prc I understand your perspective, but after believing that logic (and hoping it were so) for years, I’ve come around to thinking that what awesomo just posted is more likely to be accurate. if it were the shorts at the root of all this, it woulda shaken out long before now with the mythical short squeeze. but we just haven’t delivered, so here we are.
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