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Post by Clement on Feb 28, 2020 14:59:06 GMT -5
I bought shares today at 1.25.
Then I sold covered calls for $0.15. May calls with strike price of 1.5.
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Post by ktim on Feb 28, 2020 15:16:19 GMT -5
I bought shares today at 1.25. Then I sold covered calls for $0.15. May calls with strike price of 1.5. May calls? Seems a reasonable trade if one is looking for additional exposure. |
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Post by ktim on Feb 28, 2020 15:49:13 GMT -5
I bought shares today at 1.25. Then I sold covered calls for $0.15. May calls with strike price of 1.5. You inspired me to nibble a bit. Bought at market... $1.257 Sold Aug 1.5 call at $0.21 Effective price $1.05 |
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Post by peppy on Feb 28, 2020 16:34:29 GMT -5
Looky here, The 2 hr mark and MNKD is going positive. MNKD Nasdaq real time volume, 1,012,049 MNKD Nasdaq summary volume, 2,074,869 $1.30 -.01 volume at the half. real time, 1,428,138 summary 2,951,141 shares. That is the daily avg volume. 1.28. -0.03 (-2.2901%) As of 12:47PM EST. Market open. finance.yahoo.com/quote/MNKD?p=MNKD$SPX -52 MNKD Nasdaq real time volume, 2,306,241 shares. MNKD Nasdaq summary volume, 4,444,005 shares. 1.2700. -0.0400 (-3.05%) At close: 4:00PM EST finance.yahoo.com/quote/MNKD?p=MNKD |
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Post by prcgorman2 on Feb 28, 2020 21:48:14 GMT -5
We are heading to $1 again. Now we know how dumb to borrow debt instead of issuing shares to raise capital. I didn’t really understand your comment. Were you being sarcastic? I had a master’s course in Corporate Finance where the professor emphasized the object of the course was to learn to estimate and manage “the cost of capital” as related to debt or equity financing. He was from S. Korea and taught that old world financial markets were very different from American markets primarily in that most of the world’s corporations rely on debt financing rather than issuing shares because in the long run it is cheaper to pay interest than it is to pay dividends. Doesn’t apply to Mannkind yet, but it’s an interesting outlook. |
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Post by peppy on Mar 2, 2020 9:16:49 GMT -5
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Post by awesomo on Mar 3, 2020 14:02:06 GMT -5
Tracks the market down, but not up. Just another day in MannKind land.
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Post by seanismorris on Mar 3, 2020 14:07:21 GMT -5
Tracks the market down, but not up. Just another day in MannKind land. Risk off traders. They want back in on the Nasdaq 100 and not the Nasdaq 3000...or wherever MNKD ranks. |
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Post by prcgorman2 on Mar 3, 2020 14:17:35 GMT -5
MNKD was up slightly on light volume until the market tanked on the "bad" news of a Fed "emergency" lending rate cut. Not sure why MNKD or any bio stock follows the market (awesomo's opinion notwithstanding).
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Post by seanismorris on Mar 3, 2020 14:33:36 GMT -5
MNKD was up slightly on light volume until the market tanked on the "bad" news of a Fed "emergency" lending rate cut. Not sure why MNKD or any bio stock follows the market (awesomo's opinion notwithstanding). The fact MNKD trades in the micro category (<$300 million) might make a difference. Someone needs to do an analysis to see if they generally move in step... No one likes when bankers say “emergency” (I agree), it kind of implies that they will tighten lending, especially to small companies. The rate cut was supposed to boost confidence. It did the opposite. It probably didn’t help that the President wanted them cut further, implying the current cut was insufficient. |
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Post by peppy on Mar 3, 2020 14:58:30 GMT -5
MNKD was up slightly on light volume until the market tanked on the "bad" news of a Fed "emergency" lending rate cut. Not sure why MNKD or any bio stock follows the market (awesomo's opinion notwithstanding). The fact MNKD trades in the micro category (<$300 million) might make a difference. Someone needs to do an analysis to see if they generally move in step... No one likes when bankers say “emergency” (I agree), it kind of implies that they will tighten lending, especially to small companies. The rate cut was supposed to boost confidence. It did the opposite. It probably didn’t help that the President wanted them cut further, implying the current cut was insufficient. MNKD is a downtrender in an up market over the last 5 years. Never good. It doesn't follow the futures. The rate cut. The Virus. † CDC is no longer reporting the number of persons under investigation (PUIs) that have been tested, as well as PUIs that have tested negative. Now that states are testing and reporting their own results, CDC’s numbers are not representative all of testing being done nationwide. |
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Post by seanismorris on Mar 3, 2020 16:09:03 GMT -5
The fact MNKD trades in the micro category (<$300 million) might make a difference. Someone needs to do an analysis to see if they generally move in step... No one likes when bankers say “emergency” (I agree), it kind of implies that they will tighten lending, especially to small companies. The rate cut was supposed to boost confidence. It did the opposite. It probably didn’t help that the President wanted them cut further, implying the current cut was insufficient. MNKD is a downtrender in an up market over the last 5 years. Never good. It doesn't follow the futures. The rate cut. The Virus. † CDC is no longer reporting the number of persons under investigation (PUIs) that have been tested, as well as PUIs that have tested negative. Now that states are testing and reporting their own results, CDC’s numbers are not representative all of testing being done nationwide. It’s stories like this one www.npr.org/sections/health-shots/2020/03/03/811582119/coronavirus-san-antonio-says-evacuees-will-leave-quarantine-after-a-cdc-changeMakes you wonder how prepared the US is to deal with the virus... If the CDC can’t get the tests right (to determine who’s infected) how likely is it the states are ready? I remember reading a while back that some county’s have farmers acting a judges, with no law experience. I wonder who their doctor is. A guy that passed a CPR exam? I’m exaggerating a bit, but there are parts of the country that aren’t that different than the 3rd world. We really need some good news in March. My expectations for January and February are always low (seems to be the pattern). January 24th the price was $1.76, the currently $1.26. We need a catalyst to get that 50c back... On the bright side, we had a MACD crossover on the 5 day chart. Looks like the resistance is at $1.30. If we can break above that for a day, maybe we’ll get a boost from traders... |
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Post by LongMNKD on Mar 3, 2020 16:27:26 GMT -5
I knew i should have sold in the 1.60's. but i didnt! shit...
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Post by mytakeonit on Mar 3, 2020 17:18:55 GMT -5
Oooh Oooh ... good time to buy more shares !!!
But, that's mytakeonit
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Post by prcgorman2 on Mar 3, 2020 17:30:07 GMT -5
I knew i should have sold in the 1.60's. but i didnt! shit... It's never too late. |
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