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Post by peppy on May 28, 2021 17:21:20 GMT -5
It is the end of the trading month. Let's look at some charts. MONTHLY CHARTS, let's see what is going on. MNKD MONTHLY. The chart hasn't looked this good for 5 years. Look at the tight monthly consolidation. Ending this month, roughly @ the highs. Do you see the push that is coming? Now for our entertainment pleasure, The monthly IBB MNKD is in the IBB, and we now seem to be trading with the IBB. indexes.nasdaqomx.com/Index/Weighting/NBIThe good news is the IBB has broken out on the monthly chart, this month looks like the test of the break out may be concluding. Now let's take a look at UTHR, see what price is doing there. UTHR MONTHLY. Ah geez, UTHR met its Wolfe wave target? Holy cow. MORE UTHR MONTHLY. to see UTHR break out better. While the indices in general looked cooked. Taper and all. MNKD looks darn good. THOUGHTS ALL? Mine thoughts are onward and upward.
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Post by nylefty on May 28, 2021 17:27:35 GMT -5
MNKD was UP 21.7 percent in 2019 MNKD was UP 142.6 percent in 2020 MNKD is UP 41.2 percent so far in 2021
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Post by uvula on May 28, 2021 18:36:23 GMT -5
The most important time frame is when <fill in your name> loaded up on shares. That percent gain doesn't look very good in my case.
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Post by hindsight2 on May 29, 2021 1:45:47 GMT -5
The most important time frame is when <fill in your name> loaded up on shares. That percent gain doesn't look very good in my case. You have had 4 years to average down if you believe in the stock
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Post by prcgorman2 on May 29, 2021 7:05:26 GMT -5
The most important time frame is when <fill in your name> loaded up on shares. That percent gain doesn't look very good in my case. You have had 4 years to average down if you believe in the stock And less than $5 for a biopharma with the world’s only FDA-approved inhalable human insulin, a promising product in late stages of pipeline development, a proven inert carrier molecule, a significantly improved cash/debt position, is a bargain. The volume improved dramatically earlier this year and the floor nearly tripled. The volume this last week or so has shown very odd behavior I’ve never seen before. And, the percentage of institutional ownership has steadily increased to maybe 2x what it was a year ago. Signs of something going on.
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Post by uvula on May 29, 2021 7:32:50 GMT -5
I averaged down a few times, and the current price is lower than any price I paid. I haven't given up on the company but I'm not going to invest any additional money in it. I will be thrilled to break even some day. All my new investing money goes into mutual funds because I suck at investing.
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Post by mytakeonit on May 29, 2021 14:11:58 GMT -5
People like this usually ... get back to break even where you would think they would sell ... only to hang on as it heads back down. So sad ... but true.
But, that's mytakeonit
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Post by sportsrancho on May 29, 2021 15:54:54 GMT -5
I have new rules for myself ...I do not average down. I also never let myself lose my original investment... if the stock comes back up and breaks out higher than it was before then I will add. I will add in increments as it goes up. I do not buy a stock that goes down. Alleviates the bag holder syndrome.
Case in point... Virgin Galactic, I had around 5000 in it and it kept going down after one of the test flights didn’t make it up in to space. I held onto it until I was about to lose money then I sold it. I waited till it got all the way back down to the bottom and then when they announced their new flight that they just completed successfully I bought it back ...now I have four times as much money as I had.
Averaging down is dangerous because you don’t have a guarantee it’ll come back up. It’s my opinion and I know many don’t agree with that.. geez I know people who’s whole portfolio is underwater, but that’s just play money to them. I can’t afford to let it happen.
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Post by mytakeonit on May 29, 2021 17:24:27 GMT -5
Playing with money underwater is dangerous ... the bills will float up ... and the coins will sink down. Then there you are stuck in the middle.
Thanks sports ... for buying all my shares that I sold when it took off. SENS, MNKD, NVAX, and INO.
But, that's mytakeonit
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Post by sportsrancho on May 29, 2021 18:02:19 GMT -5
Playing with money underwater is dangerous ... the bills will float up ... and the coins will sink down. Then there you are stuck in the middle. Thanks sports ... for buying all my shares that I sold when it took off. SENS, MNKD, NVAX, and INO. But, that's mytakeonit NVAX and INO and NIO dead money IMO
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Post by mytakeonit on May 29, 2021 20:40:47 GMT -5
My plan has always been ... buy low ... and sell high ... but, don't sell it all in case there is more room to run.
But, that's mytakeonit
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Post by mytakeonit on May 30, 2021 0:41:57 GMT -5
sports ... dead money is the truth. That's why I don't have any of those stocks in my portfolio any more. It's all MNKD ... and maybe soon I'll be churning and burning. If I can get rid of that 10k shares order soon.
Why do I have to sell shares to take losses ... so I can make more $$$ later. OH WOE is me! I'm not sure what I'm doing ... !!! NOT !!!
But, that's mytakeonit
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limo
Researcher
Posts: 82
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Post by limo on Jun 1, 2021 2:55:53 GMT -5
when should you sell a growth stock?...............NEVER
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Post by peppy on Jun 1, 2021 6:40:29 GMT -5
MNKD Nasdaq real time volume, 2,081,571 shares. MNKD Nasdaq summary volume, 4,199,975 Avg. Volume 4,964,298 $4.42. .0000 (0.00%) At close: 4:00PM EDT volume coming in at the end of the day. Fridays real time volume changed to 4,788,915 shares. summary volume, 4,788,915 Avg. Volume 4,961,556
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Post by biffn on Jun 1, 2021 11:00:01 GMT -5
Does Monday morning’s action look more like a short attack or investors clearing positions on fairly strong volume 2+MM. before noon, Though there was a bounce around 1130.
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