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Post by peppy on May 7, 2020 9:37:40 GMT -5
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Post by joeypotsandpans on May 7, 2020 10:06:52 GMT -5
I'm looking at a possible SPX 3030 and then it will be sell in May, go away for this old cat via SPY puts. That is where it will cause the most pain for the shorts and most hope for the bulls. IMO and what Mr. Chart is telling me, should be interesting the next week or so. |
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Post by peppy on May 7, 2020 10:31:46 GMT -5
I'm looking at a possible SPX 3030 and then it will be sell in May, go away for this old cat via SPY puts. That is where it will cause the most pain for the shorts and most hope for the bulls. IMO and what Mr. Chart is telling me, should be interesting the next week or so. Amazing if that can be done to my way of thinking. Although DJIA stocks like apple can continue buy backs and still has buyers. NASDAQ, I am sure the same can be said for amazon. What I think I have learned chart wise, through the .618, look for test of top. Latest estimate: -17.6 percent — May 5, 2020 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -17.6 percent on May 5, down from -16.6 percent on May 1. After yesterday's and today’s data releases by the U.S. Bureau of Economic Analysis, the U.S. Census Bureau, and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and second-quarter real gross private domestic investment growth decreased from -20.4 percent and -21.7 percent, respectively, to -21.7 percent and -22.1 percent, respectively. |
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Post by joeypotsandpans on May 7, 2020 10:45:20 GMT -5
I'm looking at a possible SPX 3030 and then it will be sell in May, go away for this old cat via SPY puts. That is where it will cause the most pain for the shorts and most hope for the bulls. IMO and what Mr. Chart is telling me, should be interesting the next week or so. Amazing if that can be done to my way of thinking. Although DJIA stocks like apple can continue buy backs and still has buyers. NASDAQ, I am sure the same can be said for amazon. What I think I have learned chart wise, through the .618, look for test of top. Latest estimate: -17.6 percent — May 5, 2020 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -17.6 percent on May 5, down from -16.6 percent on May 1. After yesterday's and today’s data releases by the U.S. Bureau of Economic Analysis, the U.S. Census Bureau, and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and second-quarter real gross private domestic investment growth decreased from -20.4 percent and -21.7 percent, respectively, to -21.7 percent and -22.1 percent, respectively. Continued this discussion in the SPX resistance thread  |
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Post by awesomo on May 7, 2020 15:04:12 GMT -5
Well, it is barely red, but still another red day after an earnings call with the broader markets up big.
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Post by peppy on May 7, 2020 15:06:51 GMT -5
End of day. real time 926,758 shares. Summary, 1,430,630 shares. 1.31. -0.01 (-0.7576%) As of 4:00PM EDT. |
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Post by prcgorman2 on May 7, 2020 20:06:47 GMT -5
Well, it is barely red, but still another red day after an earnings call with the broader markets up big. True, but better than a usual post-earnings drop. I’m guessing the 1 cent drop is partially caused by shorts protecting their position in this particular case since earnings topped analyst expectations. |
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Post by cretin11 on May 7, 2020 21:49:48 GMT -5
True, a less than usual drop after earnings call. I suspect it has little or nothing to do with shorts. There used to be some expectation of good news being announced during earnings call. That set up the inevitable disappointment. Now people have learned not to expect any news during the call. Hence a lack of share price reaction when the call in fact goes off without news. The drop of a penny is irrelevant, it could’ve been up a penny and similarly irrelevant. Attributing share price movement to shorts is a crutch we may discard.
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Deleted
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Post by Deleted on May 8, 2020 0:51:32 GMT -5
Well, it is barely red, but still another red day after an earnings call with the broader markets up big. True, but better than a usual post-earnings drop. I’m guessing the 1 cent drop is partially caused by shorts protecting their position in this particular case since earnings topped analyst expectations. I think the street is looking at MNKD's Margins and realized they are going in the right direction. That's a very important factor and they know it's just a matter of time before MNKD will become profitable. Afrezza margins should max out around 70%. By then MNKD will be north of $10 a share. |
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Post by mytakeonit on May 8, 2020 3:12:45 GMT -5
What? Somebody else mentioned a share price of $10 ...  Who was that? In any case, MNKD seems to be on a profitable track in the very near future. But, that's mytakeonit |
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Volume 7
May 8, 2020 6:41:28 GMT -5
via mobile
Post by brotherm1 on May 8, 2020 6:41:28 GMT -5
True, but better than a usual post-earnings drop. I’m guessing the 1 cent drop is partially caused by shorts protecting their position in this particular case since earnings topped analyst expectations. I think the street is looking at MNKD's Margins and realized they are going in the right direction. That's a very important factor and they know it's just a matter of time before MNKD will become profitable. Afrezza margins should max out around 70%. By then MNKD will be north of $10 a share. Now I’m confused. I thought MC said patients stocked up on Afrezza this past quarter due to the virus pandemic? And he said sales this quarter are expected to be flat? Also regarding margins, I thought he said they are adding more reps this quarter? |
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Post by sportsrancho on May 8, 2020 9:51:36 GMT -5
I think the street is looking at MNKD's Margins and realized they are going in the right direction. That's a very important factor and they know it's just a matter of time before MNKD will become profitable. Afrezza margins should max out around 70%. By then MNKD will be north of $10 a share. Now I’m confused. I thought MC said patients stocked up on Afrezza this past quarter due to the virus pandemic? And he said sales this quarter are expected to be flat? Also regarding margins, I thought he said they are adding more reps this quarter? I believe he said they were hiring reps, he didn’t say they were adding any .....they had some that quit, they had to be replaced I would imagine. |
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Post by peppy on May 11, 2020 9:11:13 GMT -5
it seems MNKD is trading more than usual volume, Price is going up. 251,706 real time. 527,337 summary volume. @50 mins 1.3417. +0.0317. (+2.4198%) that's good. finance.yahoo.com/quote/MNKD?p=MNKD |
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Volume 7
May 20, 2020 21:36:12 GMT -5
via mobile
Post by straightly on May 20, 2020 21:36:12 GMT -5
I'm looking at a possible SPX 3030 and then it will be sell in May, go away for this old cat via SPY puts. That is where it will cause the most pain for the shorts and most hope for the bulls. IMO and what Mr. Chart is telling me, should be interesting the next week or so. Will “go away” pattern still hold this year as nobody has anywhere to go? |
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Post by casualinvestor on May 21, 2020 9:10:09 GMT -5
I saw an article recently that said overall trading volume is 3x what it normally is. There are probably a number of factors:
* Trades are now "free" just about everywhere
* Lockdown giving everyone tons of free time
* Covid19 induced volatility (probably the biggest reason)
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Who was that? In any case, MNKD seems to be on a profitable track in the very near future.
