Deleted
Deleted Member
Posts: 0
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Post by Deleted on Jun 13, 2022 11:07:05 GMT -5
I understand why shorts want out but why would longs sell at prices that are lower and lower? uvula’s above post was on June 6 and is still relevant today. I don't think LONGS are selling. It could be the shorts and the short term traders. The volume is not high compared to the run up. Great buying Opp.
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Post by sr71 on Jun 13, 2022 11:32:09 GMT -5
I’m a buyer at $3.65, the 50 day moving average. 👍
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Post by joeypotsandpans on Jun 13, 2022 12:14:00 GMT -5
uvula’s above post was on June 6 and is still relevant today. I don't think LONGS are selling. It could be the shorts and the short term traders. The volume is not high compared to the run up. Great buying Opp. Longs can be forcefully selling via margin calls, there's carnage going on as evident in the crypto industry having solvency issues, XBI getting slammed is taking anything in the ETF with it...I fully expect the share price to resume its uptrend once the dust settles. 😉
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Post by peppy on Jun 13, 2022 12:31:56 GMT -5
uvula’s above post was on June 6 and is still relevant today. I don't think LONGS are selling. It could be the shorts and the short term traders. The volume is not high compared to the run up. Great buying Opp. Volume is huge for MNKD. At 4 hours of trade, real time, 2,767,555 summary, 4,792,523 Avg. Volume 4,684,836 3.78. -0.57 (-13.1034%)
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Post by Chris-C on Jun 13, 2022 12:39:19 GMT -5
I don't think LONGS are selling. It could be the shorts and the short term traders. The volume is not high compared to the run up. Great buying Opp. Longs can be forcefully selling via margin calls, there's carnage going on as evident in the crypto industry having solvency issues, XBI getting slammed is taking anything in the ETF with it...I fully expect the share price to resume its uptrend once the dust settles. 😉 Picked up a few hundred shares. Agree that when reason takes over the march up will continue. Pretty much everything getting hammered today. Margin calls help fuel the carnage, plus being a Monday the 13th and inflation still raging out of control, there is not much positive news to hang a buy on. The highways in our area are packed with people burning expensive fuel like it was $2.00 a gal. I did a charity bike ride over the weekend and hotel room rates and restaurant food were eye watering- and not as in tears of joy.
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Post by peppy on Jun 13, 2022 12:47:21 GMT -5
I understand why shorts want out but why would longs sell at prices that are lower and lower? uvula’s above post was on June 6 and is still relevant today.I came across this statement from a video, "people sell when they need money." let's do a compare and contrast.
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Post by buyitonsale on Jun 13, 2022 14:24:19 GMT -5
Below my average + below 4 + nothing changed = added today.
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rebby
Researcher
Posts: 73
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Post by rebby on Jun 13, 2022 15:12:37 GMT -5
Below my average + below 4 + nothing changed = added today. I added at 3.80 today, too….didn’t think we’d see sub-4 again
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Post by peppy on Jun 13, 2022 15:19:19 GMT -5
MNKD Volume at 1 hour of trade, real time, 822,623 shares. summary, 1,616,809 $3.985. -0.365. (-8.3908%) As of 10:31AM EDT. Market open. Volume is huge for MNKD. At 4 hours of trade, real time, 2,767,555 summary, 4,792,523 3.78. -0.57 (-13.1034%) MNKD Nasdaq real time volume, 5,703,782 shares. MNKD Nasdaq summary volume, 8,767,232 Avg. Volume 4,684,836 $3.85. -0.50 (-11.49%) Charts. daily. $Compq.... daily, notice the gaps, the selling accelerating. I think price is going to 10,000. look for a bounce there. Only 800 nasdaq points left. added, the nasdaq weekly, so you can see. The 200 week MA is here. 10795.
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Post by letitride on Jun 13, 2022 18:13:14 GMT -5
Its like an addiction. Bought more.
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Post by prcgorman2 on Jun 13, 2022 21:01:13 GMT -5
An ebb tide lowers all ships. At some point we’ll be sitting on the mud with nothing to do except BUY.
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Post by porkini on Jun 13, 2022 21:54:31 GMT -5
Pigs sit in the mud...
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Post by joeypotsandpans on Jun 13, 2022 22:07:22 GMT -5
MNKD Volume at 1 hour of trade, real time, 822,623 shares. summary, 1,616,809 $3.985. -0.365. (-8.3908%) As of 10:31AM EDT. Market open. Volume is huge for MNKD. At 4 hours of trade, real time, 2,767,555 summary, 4,792,523 3.78. -0.57 (-13.1034%) MNKD Nasdaq real time volume, 5,703,782 shares. MNKD Nasdaq summary volume, 8,767,232 Avg. Volume 4,684,836 $3.85. -0.50 (-11.49%) Charts. daily. $Compq.... daily, notice the gaps, the selling accelerating. I think price is going to 10,000. look for a bounce there. Only 800 nasdaq points left. added, the nasdaq weekly, so you can see. The 200 week MA is here. 10795. Those last 3 daily charts look like a Falling Three Gaps pattern, it occurs at the end of an existing uptrend or as in this case an existing downtrend and is formed when there are three gaps lower separated by declining candles. The gaps may be separated by several candles, not just one. The pattern signals the trend may be nearing exhaustion. The latest gap being filled by movement in the opposite direction is a sign of a potential reversal. The last two sentences are key, exhaustive move followed by a reversal move filling the last gap in the sequence. With sentiment so bearish and the anticipated 75 basis point move Wed. after the fed announcement I wouldn't be surprised to see a reversal into the end of the week, guess we'll see 🤷🏻♂️
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Post by babaoriley on Jun 14, 2022 1:04:56 GMT -5
I don't think LONGS are selling. It could be the shorts and the short term traders. The volume is not high compared to the run up. Great buying Opp. Longs can be forcefully selling via margin calls, there's carnage going on as evident in the crypto industry having solvency issues, XBI getting slammed is taking anything in the ETF with it...I fully expect the share price to resume its uptrend once the dust settles. 😉 Hey, Joey, here’s the thing. There shouldn’t be margin calls affecting MNKD shareholders as MNKD shareholders are obviously not speculative investors and likely hold only the bluest of blue chip stocks.
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Post by joeypotsandpans on Jun 14, 2022 4:53:43 GMT -5
Longs can be forcefully selling via margin calls, there's carnage going on as evident in the crypto industry having solvency issues, XBI getting slammed is taking anything in the ETF with it...I fully expect the share price to resume its uptrend once the dust settles. 😉 Hey, Joey, here’s the thing. There shouldn’t be margin calls affecting MNKD shareholders as MNKD shareholders are obviously not speculative investors and likely hold only the bluest of blue chip stocks. Haha, good to hear from you Baba!!
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