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Post by peppy on Feb 8, 2023 8:08:06 GMT -5
Anyone else loving these minuscule volume days, with anticipation of what’s to come when volume comes in soon? I like that we’re adrift in the $5s instead of the $4s, but I do not have much confidence about a big bump in share price as a lead up to the next earnings report or afterwards with a new floor in the $6s or higher. I think that would require an optimism coupled with speculation. I think optimism is growing with respect to MNKD, but the market is losing its appetite or tolerance for speculation and will be more inclined to value companies on fundamentals. I think this cautious outlook is also an inhibiting factor for technicals that doesn’t show up in the charts which predict future behavior on the past without (I assume) an input for investor market bull/bear sentiment. I will be delighted to be wrong. There is only one reason MNKD (and UTHR) is/are on top of it's range when other stocks are not. Increased revenue. MNKD. schrts.co/ypaGMvWeUTHR. schrts.co/GbgzjiDjI'll show you some others for the compare/ contrast. BA. schrts.co/CjXqBsUIAMZN. schrts.co/ZXehTJaGDXCM on top of it's range. schrts.co/nDceXkTZMSFT. schrts.co/IwhWmrIPyou get the idea.There is one reason MNKD is on top of it's range, it is going to pop. So keep thinking. PFFKK. schrts.co/KkEYTrQJBITUSD. schrts.co/VXwPcuUdTSLA. schrts.co/aJKGraJMDWAC. schrts.co/AevHhMuCSENS. schrts.co/rpAYhzXn
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Post by prcgorman2 on Feb 8, 2023 9:14:49 GMT -5
I think we're agreeing that MNKD's good performance is underwriting the relative buoyancy of their stock price.
I don't expect a big increase in optimism between now and or for some few weeks after the next earnings report. Even then I think the share price will increase in relation to increases in sales of Tyvaso DPI (and to a lesser degree, Afrezza and V-Go). Those are fundamentals. I assume the share price already reflects optimistic expectations. Buy on the rumor and sell on the news are not phrases invented by me.
I really like your charts, and that you make them and share them and their/your prognostications. It's like icing on the fundamentals cake (or a slow water drip on the forehead depending upon their predictions).
We would all really like a strong volume showing between now and (forever frankly, but since that's not realistic we'll settle) for the next year or 10. I think we still have some waiting to do.
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Post by peppy on Feb 8, 2023 10:31:59 GMT -5
MNKD volume at 1 hour of trade, real time, 190,462 summary,191,629 Avg. Volume 4,246,329
low, low volume.
$5.22. -0.03. (-0.67%)
The big movers today, MSFT and TSLA giving up some gains.
Nasdaq 11,976.15 -137.64(-1.14%)
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Post by prcgorman2 on Feb 8, 2023 12:43:29 GMT -5
12:42pm ET, 453K shares traded in light volume. Down .06 (-1.14%) We caught up with the NASDAQ.
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Post by peppy on Feb 8, 2023 12:46:41 GMT -5
MNKD volume at 1 hour of trade, real time, 190,462 summary,191,629 low, low volume. $5.22. -0.03. (-0.67%) The big movers today, MSFT and TSLA giving up some gains. Nasdaq 11,976.15 -137.64(-1.14%) MNKD volume at the half day of trade, real time, 458,474 shares. summary, 458,474 Avg. Volume 4,246,329 $5.18. -0.07. (-1.33%) Nasdaq 11,937.86 -175.93(-1.45%)
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Post by peppy on Feb 8, 2023 16:09:54 GMT -5
MNKD Nasdaq real time volume. 1,820,110 shares. MNKD Nasdaq summary volume, 1,810,021 Avg. Volume 4,246,329 $5.10. -0.15. (-2.86%) Charts MNKD daily, schrts.co/RhNSgKFW$COMPQ daily, schrts.co/qxJCCnqCUTHR daily, schrts.co/bvdwizrN$SPX. schrts.co/rIumsUIQ
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Post by celo on Feb 8, 2023 16:14:12 GMT -5
Ended the day at 5.10. Been here a few times recently only to bounce upward. See if it holds tomorrow.
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Post by peppy on Feb 8, 2023 16:24:07 GMT -5
Ended the day at 5.10. Been here a few times recently only to bounce upward. See if it holds tomorrow. UTHR looks like price could slip down to it's 200 day, sitting on the 100 day now. However, UTHR's lines are high. UTHR 200 day still holds the point of break out. MNKD 20 day at $5.04. we will see. COMPQ could be back testing, it still hasn't broken the line for possible 13,000 SPX is holding it's line as well. If these lines fail, the market is going down further? I am thinking the indices lines hold. we will see.
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Post by prcgorman2 on Feb 8, 2023 16:43:50 GMT -5
Wewill Sea - an abyss of hope from which emerges facts and truth fully developed.
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Post by mnlearner on Feb 8, 2023 17:53:48 GMT -5
no volume
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Post by prcgorman2 on Feb 9, 2023 10:26:37 GMT -5
Ended the day at 5.10. Been here a few times recently only to bounce upward. See if it holds tomorrow. It bounced again! Very interesting.
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Post by peppy on Feb 9, 2023 10:32:28 GMT -5
MNKD volume at 1 hour of trade, real time, 171,974 shares. summary, 172,162 Avg. Volume 4,157,931 $5.18. +0.08 (+1.57%) finance.yahoo.com/quote/MNKD?p=MNKDat 2 hours of trade MNKD volume, 313,492 shares. $5.16. +0.07 (+1.27%)
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Post by cretin11 on Feb 9, 2023 10:43:39 GMT -5
Ended the day at 5.10. Been here a few times recently only to bounce upward. See if it holds tomorrow. It bounced again! Very interesting. Sure is. Do we dare say it? Maybe $5.10 is our new F...L...O...O... I can't do it! Too superstitious. prc please finish the sentence for me, pretty please!!
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Post by peppy on Feb 9, 2023 12:53:56 GMT -5
MNKD volume at the half day of trade, 481,844 shares. Avg. Volume 4,157,931 5.19+0.09 (+1.78%) For my entertainment pleasure I drew the flag on a two hour price chart. schrts.co/dnFMDKktwith this volume the lines may need to be moved, however, a pretty flag.
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Post by prcgorman2 on Feb 9, 2023 13:05:15 GMT -5
The volume is concerning but remaining more buoyant than the DOW and NASDAQ (so far). Maybe it's the technical investors helping!
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