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Post by itellthefuture777 on Jun 22, 2020 9:23:10 GMT -5
Hovering around 2. That is an important threshold. hehe, look at the volume jump here over $2.00. MNKD hitting stops? added, side note for the board, triangles can be fast, I say this the larger triangle being worked here has a target of $7.50. To see price action like this makes the pattern more likely to hit. oh and joeypotsandpans! eyeballs please. $7.77 😁 |
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Post by peppy on Jun 22, 2020 9:27:26 GMT -5
hehe, look at the volume jump here over $2.00. MNKD hitting stops? added, side note for the board, triangles can be fast, I say this the larger triangle being worked here has a target of $7.50. To see price action like this makes the pattern more likely to hit. oh and joeypotsandpans ! eyeballs please. $7.77 😁 heh. good one. love ya back. |
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Post by peppy on Jun 22, 2020 9:30:37 GMT -5
MNKD over daily volume at the 1 hour mark.
Volume 2,600,521
Avg. Volume 2,534,955
$2.14. + 21
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Post by peppy on Jun 22, 2020 9:46:58 GMT -5
I got a message asking me why MNKD is going up.
I said I don't know I am hoping there is some good news behind it.
CNN just had a news blip, GILD looking to make Remdesivir inhaled.
heh.
The ticket?
Does anyone see any humor?
Volume 3,605,925
Avg. Volume 2,534,955
Speculation and stops?
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Post by peppy on Jun 22, 2020 10:14:29 GMT -5
I remember now. price has to get through the $2.05 remember the months of $2.05?
plus, this may be the end of the options market, people taking and giving shares.
volume, Volume 4,622,223
Avg. Volume 2,534,955
shares a hour and 43 mines of trade.
2.035. +0.105 (+5.4404%)
As of 11:14AM EDT. Market open.
Added, 2 hour MNKD volume.
Real time. 3,084,228
summary. 5,544,872
Avg. Volume 2,534,955
2.1199. +0.1899 (+9.8394%)
As of 11:30AM EDT. Market open.
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Post by joeypotsandpans on Jun 22, 2020 10:52:46 GMT -5
Hovering around 2. That is an important threshold. hehe, look at the volume jump here over $2.00. MNKD hitting stops? added, side note for the board, triangles can be fast, I say this the larger triangle being worked here has a target of $7.50. To see price action like this makes the pattern more likely to hit. oh and joeypotsandpans! eyeballs please. A solid cross above the 200 week is a very telling confirmation with the accompanying volume, this is a long term trend change/move higher. There are some very exciting secular changes happening in the biotech spaces...just watching what's going on currently with the DNA/MRNA advances is spectacular. Technological advances are happening at light speed. MNKD is not immune to be involved with it and one can argue they were a little ahead of the curve and maybe getting noticed now. Again wake me @ $10  |
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Volume 7
Jun 22, 2020 10:56:18 GMT -5
via mobile
Post by brotherm1 on Jun 22, 2020 10:56:18 GMT -5
Joey - Could an equity offering not put it below the 200 day?
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Post by factspls88 on Jun 22, 2020 10:56:56 GMT -5
I got a message asking me why MNKD is going up. I said I don't know I am hoping there is some good news behind it. CNN just had a news blip, GILD looking to make Remdesivir inhaled. heh. The ticket? Does anyone see any humor? Volume 3,605,925 Avg. Volume 2,534,955 Speculation and stops? Also on CNBC. We'll see. |
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Post by prcgorman2 on Jun 22, 2020 11:12:46 GMT -5
Joey - Could an equity offering not put it below the 200 day? Remember that the stock price is well above the $1.60 strike price on the warrants which expire Friday (I think). Also recall that the short interest has declined significantly since January. You’re suggesting dilution is a near term concern, but I think your fear is unfounded. Assuming the warrants convert, it will put several million dollars in Mannkind’s coffers, and you should assume (in my opinion) that the warrants and the anticipated $12.5M UTHR milestone are baked into the current stock price moves upwards. The ADA presentations may have been a wildcard. MNKD has been dominated by retail investment for some time. With the reduction in COVID lock downs, it’s reasonable to assume the Mannkind saleforce (and VDEX?) can give NRx an assist. Dilution is a possibility and I’ve assumed probable at some point, but I assume it is not a near term likelihood. |
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Post by Chris-C on Jun 22, 2020 11:24:09 GMT -5
I like the Gilead Sciences speculation regarding an Inhaled version. But there has been no mention of a partnership with MNKD. It's hard to fathom that they would keep this secret as it would be a material event. I do think it possible that there is something else going on, however. I'm as curious as anyone else. I have a feeling this move up is more than just an orchestrated head fake like we've seen before, since those were perpetrated on low volume. These moves up have been accompanied by larger than normal volume. Still a head scratcher, but I'm liking the itch.
Chris C
Good luck to all longs.
Keep climbing.
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Post by joeypotsandpans on Jun 22, 2020 11:46:13 GMT -5
Joey - Could an equity offering not put it below the 200 day? I would think if there were to be any offering it would come at a price high enough to withstand any huge set back, the 200 day is a fair amount lower than the 200 week and should be in the rear view mirror while it starts to head up 😉 |
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Post by peppy on Jun 22, 2020 11:48:01 GMT -5
MNKD Volume at the half.
MNKD Nadq real time volume, 4,085,996 shares
MNKD Nasdaq summary volume, 7,403,409 shares.
2.1450. +0.2150 (+11.14%)
As of 12:45PM EDT. Market open.
let's see if price can hit the $2.22today.
4 million real times shares times 2 bucks = $8 million plus traded at the half.
see the difference between real time and summary, looks like some people are taking delivery.
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Deleted Member
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Post by Deleted on Jun 22, 2020 11:53:44 GMT -5
Joey - Could an equity offering not put it below the 200 day? I would think if there were to be any offering it would come at a price high enough to withstand any huge set back, the 200 day is a fair amount lower than the 200 week and should be in the rear view mirror while it starts to head up 😉 Why are you talking about an offering when Warrants are about to be exercised ($11M) and a pending $(12.5M) Payment? And if you let me dream......an EQUITY PARTNER for the PEDS Trial and eventually Type 2 Market. |
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Post by sellhighdrinklow on Jun 22, 2020 12:35:32 GMT -5
June 26, $2.50 options are $.07. Not a bad play IMHO with what might be transpiring next few days. Market maker probably knows more though....?
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Post by joeypotsandpans on Jun 22, 2020 12:44:44 GMT -5
I would think if there were to be any offering it would come at a price high enough to withstand any huge set back, the 200 day is a fair amount lower than the 200 week and should be in the rear view mirror while it starts to head up 😉 Why are you talking about an offering when Warrants are about to be exercised ($11M) and a pending $(12.5M) Payment? And if you let me dream......an EQUITY PARTNER for the PEDS Trial and eventually Type 2 Market. I was just responding to brotherm1 question...that's why I said "if" there were one, key word being if |
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