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Post by radgray68 on Jun 1, 2023 12:49:55 GMT -5
Choppy seas for a while. It's taking a few days for the market to digest the impending bankruptcy of the U.S. We're upping our debt by $4 TRILLION. OH, but we get to supposedly claw back $40 billion. WOW!!! What a deal!?
They're caught between the ideas that more easy money floating around for a while might mask the damage being done versus an enormous avalanche of debt about to smother us. It takes time to decide which will happen first so they can game it properly.
I don't see any way we can break out in this kind of mixed market except to blow em away every quarter going forward. Can't fight the trend and 60-70% of the market is on a downtrend. All in my humble opinion, of course, well, and the charts.
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Post by peppy on Jun 1, 2023 14:03:15 GMT -5
under 1 million shares traded with an hour left to go. 989,559 Avg. Volume 3,240,839
$4.530. 0.11 (-2.3707%)
1,000,867 shares trade with 57 mins left to go.
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Post by peppy on Jun 1, 2023 15:08:58 GMT -5
MNKD Nasdaq real time volume, 1,943,003 MNKD Nasdaq summary volume, 1,934,113 Avg. Volume 3,240,839 $4.48. -0.16 (-3.45%) MNKD daily, schrts.co/wZbjBzJt
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Post by cretin11 on Jun 1, 2023 15:32:59 GMT -5
The market appears to disapprove of the House of Representatives approval of the debt deal. Interesting. MNKD down .12 (so far) on light volume of 213K shares at 9:55ET The market was barely down at all and is now flat to green. Yes the market seems to like the debt deal, as would be expected. Almost everything in my portfolio (with one notable exception) was up nicely today, some of them up significantly.
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Post by peppy on Jun 1, 2023 15:51:38 GMT -5
The market was barely down at all and is now flat to green. Yes the market seems to like the debt deal, as would be expected. Almost everything in my portfolio (with one notable exception) was up nicely today, some of them up significantly. What was the report on these issues Wednesday May 31st? TIA.
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Post by cretin11 on Jun 1, 2023 16:41:28 GMT -5
The report on May 31 was that if the debt deal gets done, the market will like it. It came true.
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Post by peppy on Jun 1, 2023 17:11:17 GMT -5
The report on May 31 was that if the debt deal gets done, the market will like it. It came true. right after the federal reserve sells enough US treasuries to refill it's coffers. so we will see. The Treasury General Account needs to be replenished.
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Post by prcgorman2 on Jun 1, 2023 19:52:31 GMT -5
The report on May 31 was that if the debt deal gets done, the market will like it. It came true. Link to the report?
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Post by cretin11 on Jun 1, 2023 20:33:35 GMT -5
The report on May 31 was that if the debt deal gets done, the market will like it. It came true. Link to the report? Sorry, it’s for subscribers only. Maybe MTOI will share his copy. 🤩
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Post by mytakeonit on Jun 1, 2023 20:53:52 GMT -5
My copy says buy DHC at 80 cents.
But, it's an older mytakeonitcopy
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Post by prcgorman2 on Jun 2, 2023 10:28:14 GMT -5
Sorry, it’s for subscribers only. Maybe MTOI will share his copy. 🤩 It's ok. Don't need a copy. If you will provide the link I can decide if I want to subscribe. You're smart. If you're a subscriber, maybe I would like to be a subscriber too. I remember the moderators also appreciate links too. Helps prevent too much BS. If you were just making it up as a joke, that's ok too (by me), but just prefer for such things to be clear if possible.
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Post by LongMNKD on Jun 2, 2023 10:55:23 GMT -5
My copy says MNKD will not care what the rest of the market likes
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Post by prcgorman2 on Jun 2, 2023 10:57:31 GMT -5
I found a copy of a report that says the opposite. (Just kidding. Apparently fictitious reports are popular today and I wanted to fit in.)
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Post by mymann on Jun 2, 2023 11:04:40 GMT -5
Wow! Another buying opportunity.
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Post by cretin11 on Jun 2, 2023 14:39:30 GMT -5
Sorry, it’s for subscribers only. Maybe MTOI will share his copy. 🤩 It's ok. Don't need a copy. If you will provide the link I can decide if I want to subscribe. You're smart. If you're a subscriber, maybe I would like to be a subscriber too. I remember the moderators also appreciate links too. Helps prevent too much BS. If you were just making it up as a joke, that's ok too (by me), but just prefer for such things to be clear if possible. Thanks for the kind words, and yes if MTOI and I both agree on something (seems rare!) then there might be something to it. Hopefully you'll also become a subscriber and reap the rewards as we have. I obtained a link that's supposed to bypass the login/password so you can see the video, but it might only be viewable once, I haven't tried this before so not really sure. www.youtube.com/watch?v=xvFZjo5PgG0And just in case it is only viewable once, others besides prcgorman please refrain from clicking on it until he does first, so it doesn't keep him from viewing the report. Thanks and happy weekend everyone!
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