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Post by runner on Jul 18, 2023 18:55:54 GMT -5
Thanks, Pep. The FTSE (footsie) in my home country needs to make some moves too. It’s up 3% in the past year but down 3% over the past 5 years.
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Post by Clement on Jul 19, 2023 8:49:32 GMT -5
Take a look at the downward trend line beginning Feb 27. MNKD has now nicely broken above that trend. (Consider that along with the fact that MNKD has moved above the 50, 100, and 200 day MA.)
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Post by peppy on Jul 19, 2023 8:54:53 GMT -5
Take a look at the downward trend line beginning Feb 27. MNKD has now nicely broken above that trend. (Consider that along with the fact that MNKD has moved above the 50, 100, and 200 day MA.) schrts.co/QMnmmfdv
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Post by Clement on Jul 19, 2023 9:48:53 GMT -5
Narrow Bollinger bands in the weekly. bandwidth / share price => narrowest in 2 years Ie, relative to share price at the time, weekly Bollinger bands are the tightest in the last 2 years. Not only that, weekly Bollinger bands relative to share price are tighter than on 10/26/2020, after which there was a steep rise in share price.
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Post by prcgorman2 on Jul 19, 2023 11:10:06 GMT -5
Drifting up on zip volume pre-earnings report next month.
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Post by peppy on Jul 19, 2023 11:31:58 GMT -5
Drifting up on zip volume pre-earnings report next month. Drifting up, along with UTHR and the overall US market. BTW the SOX is changeling its highs. UTHR. schrts.co/gaRjIvUZMNKD. schrts.co/HAZzaprEschrts.co/tVwmgmiIClose enough to the half day of trade, MNKD volume is 362,953 shares. Avg. Volume 2,949,955 $4.425. +0.055. (+1.2586%)
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Post by MnkdWASmyRtrmntPlan on Jul 19, 2023 12:03:25 GMT -5
In due time both "mytakeonit" and "Peppy" predictions/observation will prove to be correct. Unfortunately, with Wall Street, timing matters and profitability is key. Shortly MNKD will inch closer to profitability. More importantly, sometime in the next couple of years the $200 million Convertible Notes will be serviced with either cash or MNKD stock.After profitability and servicing the debt, the PPS will definitely be on the move (climb the ladder) Aw, man, I hope to heck he doesn't go diluting again. Just pay the debt with cash and refinance what doesn't fit the budget. Of course, the cost to borrow has gone up so much. Ugh!
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Post by akemp3000 on Jul 19, 2023 12:31:18 GMT -5
Within the next couple of years a lot will likely happen. Renegotiating obligations is also a possibility. IMO, the company's moving in such a positive direction, it's doubtful the convertible notes are a current topic of major concern. The company's financial managers have a good track record of managing greater challenges.
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Post by runner on Jul 19, 2023 14:40:01 GMT -5
With 20 minutes to go we’re up 5c but we’ve gotta go some to get the volume up past 1,000,000. Currently at 650,000.
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Post by peppy on Jul 19, 2023 15:06:22 GMT -5
MNKD nasdaq summary volume, 1,030,628 shares. Avg. Volume 2,949,955
$4.42. +0.05 (+1.14%)
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Post by runner on Jul 19, 2023 15:10:53 GMT -5
Made it over 1 million by a whisker!
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Post by prcgorman2 on Jul 19, 2023 17:09:55 GMT -5
In due time both "mytakeonit" and "Peppy" predictions/observation will prove to be correct. Unfortunately, with Wall Street, timing matters and profitability is key. Shortly MNKD will inch closer to profitability. More importantly, sometime in the next couple of years the $200 million Convertible Notes will be serviced with either cash or MNKD stock.After profitability and servicing the debt, the PPS will definitely be on the move (climb the ladder) Aw, man, I hope to heck he doesn't go diluting again. Just pay the debt with cash and refinance what doesn't fit the budget. Of course, the cost to borrow has gone up so much. Ugh! "He" won't go diluting. Convertible notes are just that, convertible. Yes, the conversion can add to the shares outstanding, but that has nothing to do with a new secondary offering (aka dilution). The first case is a contract associated with debt. The second case is a pure on-the-market equity offering to raise cash. MNKD is on the edge of cash flow positive (aka "profitable"), so not expecting a substantial cash raise unless special purpose requirements were identified. e.g., MNKD needed to build a new factory which I assume would be based on a capacity need which would be a good problem to have.
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Post by peppy on Jul 20, 2023 11:46:43 GMT -5
MNKD volume at the half day of trade, 414,335 shares. Avg. Volume 2,891,503
$4.405. -0.015. (-0.3394%)
NASDAQ - 202.
UTHR continuing up. 245.46+3.27 (+1.35%)
Largest gainer on the DOW is JNJ. $168.89 +10.15 +6.40%
Status Quo
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Post by peppy on Jul 20, 2023 15:13:07 GMT -5
MNKD Nasdaq real time volume, 1,235,68 shares. $4.39. -0.03 (-0.6787%)
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Post by Clement on Jul 20, 2023 15:27:52 GMT -5
Tomorrow is options expiration. Do you think it will close at 4.50?
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