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Post by hellodolly on May 21, 2020 10:31:33 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) Agree on all three. |
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Post by joeypotsandpans on May 21, 2020 11:13:20 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) Agree on all three. Adding: a few trillion helicopter money 🤷♂️🤦♂️ |
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Post by peppy on May 22, 2020 8:48:26 GMT -5
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Post by celo on May 22, 2020 8:59:25 GMT -5
Bumping our head on the 5 year downward trend. This may be the beginning of a general move upward. Shorts have exhausted themselves, income is beginning to add up, share sales may actually be curtailed. One big Covid deal and MNKD could blow the top off. www.tradingview.com/x/LCEWtrDX/ |
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Post by prcgorman2 on May 22, 2020 11:54:04 GMT -5
Are there stock warrants expiring at the beginning of June or something like that which is helping drive volume and the MNKD stock price to drift upwards?
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Post by celo on May 22, 2020 12:06:21 GMT -5
Stock price is going up after an annual shareholders meeting. There are usually big run ups before the meeting and then it drifts down. This is a good sign that mannkind said almost nothing and the share price is going up.
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Post by brotherm1 on May 22, 2020 12:11:43 GMT -5
Perhaps a pump for funding?
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Post by cjm18 on May 22, 2020 12:19:44 GMT -5
Couple of traders on Twitter with big followings gave mnkd some attention. Thus it just broke 1.42. Let’s see where she goes. I’m looking at 1.70
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Post by nemzter on May 22, 2020 12:26:29 GMT -5
To the mooon!!! Loving level 2 today, Happy memorial weekend ya'll!
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Volume 7
May 22, 2020 12:29:04 GMT -5
via mobile
peppy likes this
Post by brotherm1 on May 22, 2020 12:29:04 GMT -5
Couple of traders on Twitter with big followings gave mnkd some attention. Thus it just broke 1.42. Let’s see where she goes. I’m looking at 1.70 What did they say? |
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Post by cjm18 on May 22, 2020 12:32:46 GMT -5
Couple of traders on Twitter with big followings gave mnkd some attention. Thus it just broke 1.42. Let’s see where she goes. I’m looking at 1.70 What did they say? They like it. |
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Post by peppy on May 22, 2020 12:33:21 GMT -5
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Volume 7
May 22, 2020 12:40:05 GMT -5
via mobile
Post by brotherm1 on May 22, 2020 12:40:05 GMT -5
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Post by peppy on May 22, 2020 12:44:06 GMT -5
celo you are the man Asleep at the wheel here.
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Post by centralcoastinvestor on May 22, 2020 12:46:46 GMT -5
I think shorts are moving out of the stock today. There has been an ongoing drop in short interest over the last month. I always hoped there would be a massive short squeeze. However, as tired as I am of the beaten down price, I am happy to see any kind of orderly short exit from the stock. In some ways, it is good to have a slower move up as it provides a more solid foundation to the stock price. I don’t think this is a pump and dump move to raise capital by Mnkd either. I would love to see 10 to 15 cent daily upward moves for weeks if possible. We will see.
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