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Post by peppy on Aug 10, 2023 20:03:47 GMT -5
I love reading your interpretation peppy; thank you. Agreed that the OBV is looking good but that is a med-long term indicator as we have seen with MNKD. The OBV can be high and the PPS can still drop 40% in very short order... Daily MACD for MNKD is the highest it's been in months and due for a correction. The RSI was also at the top and now it is trending back down below the overbought threshold. Bet on it you say? Well, more than 60% of my net worth is in MNKD and has been for the last 6 years, so I'd say I am betting on it. I was just pointing out the short-term possibility of a correction here, but that would be healthy now that the company is firing on all cylinders with more cylinders to come online courtesy of Danbury expansion and UTHR new factory. Mike gave some pretty good forward guidance and MNKD did NOT lose money this quarter, it is going to be priced in. The daily..... schrts.co/MKIJrYvgIt is a pump of the canister, the propellant. My high hope. Look at the volume.
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Post by JEvans on Aug 10, 2023 22:28:04 GMT -5
I love reading your interpretation peppy; thank you. Agreed that the OBV is looking good but that is a med-long term indicator as we have seen with MNKD. The OBV can be high and the PPS can still drop 40% in very short order... Daily MACD for MNKD is the highest it's been in months and due for a correction. The RSI was also at the top and now it is trending back down below the overbought threshold. Bet on it you say? Well, more than 60% of my net worth is in MNKD and has been for the last 6 years, so I'd say I am betting on it. I was just pointing out the short-term possibility of a correction here, but that would be healthy now that the company is firing on all cylinders with more cylinders to come online courtesy of Danbury expansion and UTHR new factory. Mike gave some pretty good forward guidance and MNKD did NOT lose money this quarter, it is going to be priced in. The daily..... schrts.co/MKIJrYvgIt is a pump of the canister, the propellant. My high hope. Look at the volume. I believe Q1 2023 MNKD lost (.06) per share and Q2 lost (.02) / share. So you'd think Q3 would be a good guess that we'll finally make money ? But, I believe I heard mention making money won't come until sometime 2024 ?
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Post by peppy on Aug 11, 2023 5:21:51 GMT -5
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Post by prcgorman2 on Aug 11, 2023 7:25:31 GMT -5
The GAAP loss is on paper. It’s roughly the same dollar amount as 1M shares issued as compensation. Those shares almost certainly come from the corporate Treasury so they’re a $0 transaction but have to be accounted for. So on paper, per GAAP, there is a loss. It’s like depreciation. It’s a cashless transaction. If you’re cash flow break even, depreciation could give you a loss on paper, but your bank account shows you spent as much cash as you brought in. That’s the MNKD story this quarter. “Cash is king” so analysts may give a little more weight to the non-GAAP pro forma $0.00 break-even achieved with cash.
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Post by LongMNKD on Aug 11, 2023 7:57:37 GMT -5
The GAAP loss is on paper. It’s roughly the same dollar amount as 1M shares issued as compensation. Those shares almost certainly come from the corporate Treasury so they’re a $0 transaction but have to be accounted for. So on paper, per GAAP, there is a loss. It’s like depreciation. It’s a cashless transaction. If you’re cash flow break even, depreciation could give you a loss on paper, but your bank account shows you spent as much cash as you brought in. That’s the MNKD story this quarter. “Cash is king” so analysts may give a little more weight to the non-GAAP pro forma $0.00 break-even achieved with cash. thanks for explaining
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Post by veritasfiliatemporis on Aug 11, 2023 8:02:42 GMT -5
The GAAP loss is on paper. It’s roughly the same dollar amount as 1M shares issued as compensation. Those shares almost certainly come from the corporate Treasury so they’re a $0 transaction but have to be accounted for. So on paper, per GAAP, there is a loss. It’s like depreciation. It’s a cashless transaction. If you’re cash flow break even, depreciation could give you a loss on paper, but your bank account shows you spent as much cash as you brought in. That’s the MNKD story this quarter. “Cash is king” so analysts may give a little more weight to the non-GAAP pro forma $0.00 break-even achieved with cash. Thanks, you spare me a painful search with google....
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Post by peppy on Aug 11, 2023 11:47:42 GMT -5
MNKD volume at the half day of trade, real time, : 1,099,447 shares.
$5.27 0.47% -0.025
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Post by ktim on Aug 11, 2023 16:43:49 GMT -5
Reading this thread is like visiting Delphi, when the oracles speak it sounds like Greek to me. Pythia... oops, Peppy, where's the floor for this slump
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Post by prcgorman2 on Aug 12, 2023 10:59:13 GMT -5
According to Clement, the “slump” is closely following the pattern of the last post-earnings call share price movement. If that pattern can be relied upon, next week should be a good week.
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Post by MnkdWASmyRtrmntPlan on Aug 12, 2023 18:10:08 GMT -5
The GAAP loss is on paper. It’s roughly the same dollar amount as 1M shares issued as compensation. Those shares almost certainly come from the corporate Treasury so they’re a $0 transaction but have to be accounted for. So on paper, per GAAP, there is a loss. It’s like depreciation. It’s a cashless transaction. If you’re cash flow break even, depreciation could give you a loss on paper, but your bank account shows you spent as much cash as you brought in. That’s the MNKD story this quarter. “Cash is king” so analysts may give a little more weight to the non-GAAP pro forma $0.00 break-even achieved with cash. Yes, thanks for that, PRC.
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Post by peppy on Aug 14, 2023 9:02:44 GMT -5
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Post by peppy on Aug 14, 2023 10:31:36 GMT -5
Volume at two hours of trade, huge volume. 1,303,723 shares. $5.25 0.095% -0.0050
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Post by peppy on Aug 14, 2023 11:45:50 GMT -5
MNKD real time volume on the Half Day of trade, (3 hours and 15 mins.) Volume: 1,739,803
$5.29 +0.04
added, MNKD average share volume has fallen to Average Volume 2,802,629
At four hours of trade MNKD volume : 2,728,033
$5.30 0.86% +0.045
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Post by MnkdWASmyRtrmntPlan on Aug 14, 2023 15:33:25 GMT -5
MNKD has basically traded at $5.25 +/- 2 cents (or, so) for 2-1/2 days with medium volume.
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Post by peppy on Aug 14, 2023 15:59:00 GMT -5
MNKD Nasdaq real time volume, : 5,308,529 shares. $5.27 0.38% +0.020 More than 25 million dollars of MNKD traded today. MNKD daily chart schrts.co/aeaeuDIw
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