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Post by cretin11 on Nov 9, 2023 12:45:17 GMT -5
I bought some at 3.50 thinking that might be the floor. Obviously I jinxed it. Sorry! No apology needed as you did not jinx anything. This is where our management team has us, after many years of their efforts. Like a quarterback who throws a pretty pass in practice but doesn't have the size, strength, quickness or wherewithal to deliver during a real game, our team talks a pretty good game in conference calls and fireside chats but hasn't delivered value for shareholders. Maybe it's bad luck, coincidence, conspiracy, manipulation, a curse, but whatever the reasons our share price track record is the scorecard and it speaks for itself. Chagrin is an apt word for this thread. We thought chagrin was $4.35 per share when peppy named this thread, little did we know the real chagrin was still to come. |
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Post by ktim on Nov 9, 2023 14:33:17 GMT -5
The old adage is that markets can stay irrational longer than you can stay solvent. Buying opportunity? 😆 oops too soon. Im deciding whether to buy more shares or sell puts? I didn’t sell my trading shares before the downturn so I’m leaning towards the latter. I consider it selling short term insurance to the nervous Nellies. Edit: Decided I’m getting more shares. $3.41 is low enough for me. I was just looking at Jan 2025 puts and the premiums aren't nearly as high as I thought they'd be... so not pulling the trigger yet. At times I've gotten high 20% annualized return range on MNKD put selling. |
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Post by radgray68 on Nov 9, 2023 15:45:36 GMT -5
The old adage is that markets can stay irrational longer than you can stay solvent. Buying opportunity? 😆 oops too soon. Im deciding whether to buy more shares or sell puts? I didn’t sell my trading shares before the downturn so I’m leaning towards the latter. I consider it selling short term insurance to the nervous Nellies. Edit: Decided I’m getting more shares. $3.41 is low enough for me. I was just looking at Jan 2025 puts and the premiums aren't nearly as high as I thought they'd be... so not pulling the trigger yet. At times I've gotten high 20% annualized return range on MNKD put selling. I was looking to get a 10% return on the May $3 puts but opted for a 100-200% return within a couple years. If it stays here a while I’ll maybe put my next bit of cash to work with the puts. Eventually we’ll be netting $1 a share in royalties alone. $3 a freaking share. Pfft! Ridiculous. |
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Post by peppy on Nov 9, 2023 16:07:48 GMT -5
MNKD volume this am is huge for MNKD at 10 mins of trade, Volume: 210,067 NOV 9, 2023 9:40 AM ET $3.57 -0.08 (-2.19%) added, MNKD share price now sitting on it's 200 week MA MNKD weekly chart. schrts.co/MxsyeGazAdded, MNKD volume at 30 Mins of trade, Volume: 437,734 NOV 9, 2023 10:00 AM ET $3.595 -0.055 (-1.51%)
Added, MNKD volume at 1 hour and 6 mins of trade. ........ This volume is mostly seen after the half day of trade lately. Heavy volume for MNKD.
Volume: 754,930
NOV 9, 2023 10:36 AM ET
$3.51 -0.14 (-3.84%)
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At 1 and 1/2 hours of trade, MNKD volume continues to be very high. This is the volume seen many times with 2 hours of trade left to go. Volume: 1,024,030 NOV 9, 2023 11:03 AM ET $3.47 4.93% -0.18 At 2 hours of trade, MNKD real time volume, Volume: 1,363,270 NOV 9, 2023 11:30 AM ET.. . $3.4599 -0.1901 (-5.21%)MNKD Nasdaq real time volume, 4,137,215 shares. $3.47. -4.93%. -0.18 . |
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rebby
Researcher
Posts: 79
Member is Online
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Post by rebby on Nov 9, 2023 17:51:49 GMT -5
I was just looking at Jan 2025 puts and the premiums aren't nearly as high as I thought they'd be... so not pulling the trigger yet. At times I've gotten high 20% annualized return range on MNKD put selling. I was looking to get a 10% return on the May $3 puts but opted for a 100-200% return within a couple years. If it stays here a while I’ll maybe put my next bit of cash to work with the puts. Eventually we’ll be netting $1 a share in royalties alone. $3 a freaking share. Pfft! Ridiculous. Well said, it’s only a matter of time and that time is less than 24 months IMO |
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Post by runner on Nov 9, 2023 20:45:24 GMT -5
Could someone please direct me to a site where I can read a complete transcript of Tuesday’s earnings call.
Thanks.
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Post by sportsrancho on Nov 9, 2023 21:45:12 GMT -5
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Post by runner on Nov 9, 2023 23:09:39 GMT -5
Thank you
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Post by peppy on Nov 10, 2023 16:04:37 GMT -5
MNKD Nasdaq real time volume Volume: Volume: 2,245,237 shares. ..................... 400,000 shares came in at the end of the day. $3.43 1.15% -0.040 MNKD weekly chart. schrts.co/mHZDKwpy |
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Post by joeypotsandpans on Nov 10, 2023 16:08:11 GMT -5
Options expiry today...within .05 of 3.50 strike
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Post by cretin11 on Nov 10, 2023 17:32:37 GMT -5
Options expiry today...within .05 of 3.50 strike The $3.50 strike is not what any of us had in mind, incredible. |
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Post by biffn on Nov 11, 2023 9:31:20 GMT -5
Options expiry today...within .05 of 3.50 strike The $3.50 strike is not what any of us had in mind, incredible. I stopped buying calls in Mannkind years ago for exactly this reason. There are too many traders selling calls with the ability to manipulate the market. Having expiration come on an earnings week was a dinner bell for them. |
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Post by boca1girl on Nov 11, 2023 11:52:50 GMT -5
I lost a lot buying leaps. My thought was the stock priced way too low and I would have to make $ on them. I drank the koolade and lost a bunch of money on them. I swore of buying options because I’ve proved that my timing and expectations were way off. I don’t want to sell options for the same reasons and don’t want my shares sell at a loss
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Post by BD on Nov 11, 2023 12:06:50 GMT -5
Same here, boca; my last batch of calls expire in January (I'm expecting worthlessly), and I'm not planning on there being any more.
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Post by agedhippie on Nov 11, 2023 12:14:24 GMT -5
I stopped buying calls in Mannkind years ago for exactly this reason. There are too many traders selling calls with the ability to manipulate the market. Having expiration come on an earnings week was a dinner bell for them. I don't know why I didn't think of that, but actually yes you could be right about the dinner bell although not for the reasons you think! I traded this myself from time to time. As earnings approach the implied volatility spikes because of the uncertainty and then after the call when the uncertainty is gone the spike collapses really fast. The nice thing about the IV Crush trade is that it's almost entirely independent of stock price movement. |
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