|
|
Post by otherottawaguy on Oct 9, 2014 12:12:10 GMT -5
Saw this today and yesterday. A few shares trade against it but it has effectively repelled the attack twice now.
Wonder what is waiting on the other side and if we will see it before the November earnings calls by SNY and MNKD?
There was some mention on YMB that there would be a requirement for SNY to file a form 16??? within 15 days of making a 5% purchase, yesterday/today is Day 15 since the formalization of the partnership, which leads me to believe that $5.01 may be the bottom. Still have a bit of gas in the tank in case I'm wrong.
OOG |
|
|
|
Post by otherottawaguy on Oct 9, 2014 15:14:05 GMT -5
Well folks that 50k bid block got taken out by a 500k hammer. A block then appeared on the ask side almost right after that looked to be trying to cap it below $5.00
Tomorrow is going to be interesting for anyone with dry powder left. Got my stink bid in for 4.80 as these guys seem to be able to roll it back by 20-30 points a day. Will blow the rest of the wad in the sub 4.50 range if we ever see that (hoping we do (short term), hoping we don't (long term)).
Will continue to play the volatility using 77RSI on the one day chart as the point to look at selling and the 22RSI for the re-entry point. Sell 100, buy back 101-102 seems to have been good to me this week.
Targets of opportunity to your front, on your own time, go on,
OOG |
|
|
|
Post by otherottawaguy on Oct 10, 2014 9:40:39 GMT -5
WOW. Actually got my stink bid at 4.78 and I thought that I was being cocky there. Really didn't think that it had legs to run to 4.68.
Do you think we sub 4.50, maybe even sub $4?
OOG
|
|
|
|
Post by cybergym66 on Oct 10, 2014 9:47:02 GMT -5
WOW. Actually got my stink bid at 4.78 and I thought that I was being cocky there. Really didn't think that it had legs to run to 4.68. Do you think we sub 4.50, maybe even sub $4? OOG At this point you're trying to still catch a falling knife. Why not save up some powder and wait until 're sure a bottom is in? Yes, sub $4 is possible. In the end, a stock is really only worth as much as investors will willing to pay for it. |
|
|
|
Post by mdcenter61 on Oct 10, 2014 9:52:10 GMT -5
WOW. Actually got my stink bid at 4.78 and I thought that I was being cocky there. Really didn't think that it had legs to run to 4.68. Do you think we sub 4.50, maybe even sub $4? OOG At this point you're trying to still catch a falling knife. Why not save up some powder and wait until 're sure a bottom is in? Yes, sub $4 is possible. In the end, a stock is really only worth as much as investors will willing to pay for it. You're sure fond of that "falling knife" analogy, aren't you? Lol |
|
|
|
Post by bighaus89 on Oct 10, 2014 10:11:34 GMT -5
Feels like it's raining knives.
|
|
|
|
Post by cybergym66 on Oct 10, 2014 10:21:28 GMT -5
At this point you're trying to still catch a falling knife. Why not save up some powder and wait until 're sure a bottom is in? Yes, sub $4 is possible. In the end, a stock is really only worth as much as investors will willing to pay for it. You're sure fond of that "falling knife" analogy, aren't you? Lol Yes! It seems to clearly explain this stock right now! The price has been dropping fast and painfully...got anything else that describes it better? I've never seen a stock drop due to a very promising product before. Company fraud, destroyed sales, catastrophic events...yes. Also never seen a company make NO effort to defend itself! 2015 can't get here soon enough!!! |
|
|
|
Post by mdcenter61 on Oct 10, 2014 11:15:04 GMT -5
You're sure fond of that "falling knife" analogy, aren't you? Lol Yes! It seems to clearly explain this stock right now! The price has been dropping fast and painfully...got anything else that describes it better? I've never seen a stock drop due to a very promising product before. Company fraud, destroyed sales, catastrophic events...yes. Also never seen a company make NO effort to defend itself! 2015 can't get here soon enough!!! Yes, very very frustrating. My feeble brain still thinks by the end of 2015 this thing will be in full momentum swing and I fully expect a $16 to $20 PPS by then. Just suffering and buying more as I can. |
|
|
|
Post by cybergym66 on Oct 10, 2014 11:25:56 GMT -5
Yes! It seems to clearly explain this stock right now! The price has been dropping fast and painfully...got anything else that describes it better? I've never seen a stock drop due to a very promising product before. Company fraud, destroyed sales, catastrophic events...yes. Also never seen a company make NO effort to defend itself! 2015 can't get here soon enough!!! Yes, very very frustrating. My feeble brain still thinks by the end of 2015 this thing will be in full momentum swing and I fully expect a $16 to $20 PPS by then. Just suffering and buying more as I can. I think you're not the only one who feels a year from now this will only be a painful memory. If we knew that sales would start on "X" date, that 1st qtr numbers would be "X amount and that sales would increase "X%" this would seem to be a great buying opportunity. I'm jealous of those who have blind faith in MNKD... |
|
|
|
Post by kc on Oct 10, 2014 15:44:51 GMT -5
Tale of daily transactions over 12,000 shares each day this week. Not sure what to make of it. Perhaps somebody can comment on it what they think the larger share transactions mean. I know its very painful watching this every day. I am hopeful but am very frustrated. Attachment DeletedAttachment Deleted |
|
|
|
Post by kc on Oct 10, 2014 15:49:59 GMT -5
|
|
