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Post by Deleted on Feb 28, 2022 10:15:45 GMT -5
Okay Pep! How low does it go? Call this and you will be famous! TA is nice for hindsight and examining what has happened. Not useful at predicting the future (at not with MNKD, maybe it works for other stocks sometimes). Pep tirelessly provides charts and info to show us snapshots of what has occurred. And to her credit she tends to avoid making predictions of future share price movement, since MNKD is impervious to TA for that purpose. Good answer Sir. |
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Post by boca1girl on Feb 28, 2022 10:21:32 GMT -5
I was going to ask Peppy the same question. If she had those predictive powers, she would not only be famous, she would be wealthy beyond belief.
So being fair to Peppy, her charts were telling us $8 but we never got anywhere close. We are at a new 52 week low and going down on high volume. It doesn’t sound promising that $2.42 is the bottom with what is going on in the world.
The disappearing “wealth effect” from the stock market’s steep slide is going to make people more risk adverse with their investment dollars until this Russian invasion winds down.
If I had any money left to invest, I would be placing my orders at 1.80-2.00. I’m not trying to be negative, just realistic.
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Post by Deleted on Feb 28, 2022 10:31:13 GMT -5
I was going to ask Peppy the same question. If she had those predictive powers, she would not only be famous, she would be wealthy beyond belief. So being fair to Peppy, her charts were telling us $8 but we never got anywhere close. We are at a new 52 week low and going down on high volume. It doesn’t sound promising that $2.42 is the bottom with what is going on in the world. The disappearing “wealth effect” from the stock market’s steep slide is going to make people more risk adverse with their investment dollars until this Russian invasion winds down. If I had any money left to invest, I would be placing my orders at 1.80-2.00. I’m not trying to be negative, just realistic. I'm going with Peppy... Just put an order in at 2.42 for a 1000... |
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Post by peppy on Feb 28, 2022 10:31:39 GMT -5
6 mins of trade, real time volume, 299,805 summary, 389,004 Avg. Volume 2,859,608 2.6700-0.0500 (-1.8382%) As of 09:37AM EST. Market open huge volume for MNKD in 5 mins. I wish this was up volume, MNKD Volume at 30 mins of trade. real time, 871,602 summary, 1,454,798 2.50. -0.22 (-8.0882%) As of 10:00AM EST. Market open. MNKD volume at 1 hour of trade, real time, 1,408,767 summary, 2,181,978 2.525m -0.195. (-7.17%) As of 10:30AM EST. Market open. |
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Post by peppy on Feb 28, 2022 10:33:07 GMT -5
TA is nice for hindsight and examining what has happened. Not useful at predicting the future (at not with MNKD, maybe it works for other stocks sometimes). Pep tirelessly provides charts and info to show us snapshots of what has occurred. And to her credit she tends to avoid making predictions of future share price movement, since MNKD is impervious to TA for that purpose. Good answer Sir. mayday and cretin have you been off topic to change of trend thread? When you two start doing some TA, to prove yourselves, then you can pipe up. I didn't see either of you comment, that the market was going to go through some things. |
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Post by Deleted on Feb 28, 2022 10:36:32 GMT -5
mayday and cretin have you been off topic to change of trend thread? When you two start doing some TA, to prove yourselves, then you can pipe up. I didn't see either of you comment, that the market was going to go through some things. I apologize Peppy.....Don't go scorched earth on me. |
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Post by sportsrancho on Feb 28, 2022 10:54:50 GMT -5
What…. Charts can predict future movement but not in the face of news, good or bad because that comes out of left field.
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Post by cretin11 on Feb 28, 2022 10:55:37 GMT -5
mayday and cretin have you been off topic to change of trend thread? When you two start doing some TA, to prove yourselves, then you can pipe up. Actually we have been limiting our comments to the topic of TA, so we aren’t trying to change the thread. As boca said, if peppy and her TA had predictive powers she would be famous and wealthy beyond belief. It also means peppy would’ve been shorting the heck out of MNKD, from over $100 down to where we are now. peppy, thanks for all the TA charts. While not necessarily predictive, they can be interesting. |
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Post by cretin11 on Feb 28, 2022 10:58:42 GMT -5
What…. Charts can predict future movement but not in the face of news, good or bad because that comes out of left field. Yep, actual news prevails over TA every time. So does performance (or lack thereof). But TA is always 100% correct when looking at past share price movement, and that can sometimes provide accurate clues into the future (absent any real news or events). |
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Post by prcgorman2 on Feb 28, 2022 11:06:35 GMT -5
TA is nice for hindsight and examining what has happened. Not useful at predicting the future (at not with MNKD, maybe it works for other stocks sometimes). Pep tirelessly provides charts and info to show us snapshots of what has occurred. And to her credit she tends to avoid making predictions of future share price movement, since MNKD is impervious to TA for that purpose. Good answer Sir. Good grief, cretin’s remarks compose one of the most ridiculous posts I’ve ever seen on this board. TA is good only for looking at what happened and no value for prediciting future price movement? Every person who studies and uses TA would look at that an wonder what planet the author was on. I very much appreciate peppy sharing what technical analysis is showing and there have been folks here who have claimed buy and sell action seen in volume were associated with TA investors acting on TA indicators. I won’t judge TA (because I’m not qualified) but it is obvious on the face of things that TA investors are using it as a tool to predict possible future price movement. |
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Post by caesar on Feb 28, 2022 11:15:45 GMT -5
Technical Analysis only works when there is transparency regarding company earnings and projections. In Mannkind's case, the CEO has been everything but transparent.
By the way, Peppy keep up the good work!
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Post by prcgorman2 on Feb 28, 2022 11:19:17 GMT -5
Another expert on Technical Analysis and why it won’t work for Mannkind. *sigh*
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Post by cretin11 on Feb 28, 2022 11:23:55 GMT -5
Good grief, cretin’s remarks compose one of the most ridiculous posts I’ve ever seen on this board. TA is good only for looking at what happened and no value for prediciting future price movement? Every person who studies and uses TA would look at that an wonder what planet the author was on. I very much appreciate peppy sharing what technical analysis is showing and there have been folks here who have claimed buy and sell action seen in volume were associated with TA investors acting on TA indicators. I won’t judge TA (because I’m not qualified) but it is obvious on the face of things that TA investors are using it as a tool to predict possible future price movement. While I take comfort in your opinion of my post, my purpose is not to provoke another debate with you. To correct you, my post said that MNKD is impervious to TA. Not saying TA can’t be useful for some stocks, and obviously it’s used by many traders (including numerous friends of mine who have explained the theories well). We have followed MNKD for years and seen the TA during that time. To the extent people have used TA to predict price movement of MNKD, it has been wrong far more often than right. That’s hindsight, and like TA, it’s accurate because it’s easy to be accurate when looking back. I’m not predicting the future of MNKD share price, but my money is on the position that it will tend to go up over the long run. I’ve been wrong for years, just like TA has been wrong, so I am NOT claiming any superiority regarding predictive abilities. |
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Post by falconquest on Feb 28, 2022 12:07:52 GMT -5
I was going to ask Peppy the same question. If she had those predictive powers, she would not only be famous, she would be wealthy beyond belief. So being fair to Peppy, her charts were telling us $8 but we never got anywhere close. We are at a new 52 week low and going down on high volume. It doesn’t sound promising that $2.42 is the bottom with what is going on in the world. The disappearing “wealth effect” from the stock market’s steep slide is going to make people more risk adverse with their investment dollars until this Russian invasion winds down. If I had any money left to invest, I would be placing my orders at 1.80-2.00. I’m not trying to be negative, just realistic. I was thinking about this before I read your post. I'll go out on a limb and predict $1.89 is the bottom. Please know this a swag! |
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Post by boca1girl on Feb 28, 2022 15:00:16 GMT -5
Will you be a buyer at $1.89 Falcon?
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