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Post by liane on Oct 10, 2014 15:06:26 GMT -5
Well, this was an ugly day! New funds cleared into my Roth today, so I dipped my toes on new shares and also sold a couple 2016 15 puts. Still keeping some dry powder.
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Post by notamnkdmillionaire on Oct 10, 2014 15:15:35 GMT -5
I don't think this is the end of the collapse.
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Post by liane on Oct 10, 2014 15:22:42 GMT -5
I don't think this is the end of the collapse. That's why the dry powder. I also want to see what the 2017 options price at come Monday.
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Post by deeznuts on Oct 10, 2014 15:34:31 GMT -5
Well, this was an ugly day! New funds cleared into my Roth today, so I dipped my toes on new shares and also sold a couple 2016 15 puts. Still keeping some dry powder. I wish I tip toed in today but I didn't. I put the hammer down. That was my plan n like a big dummy I stuck w it. Powder is gone for me.I am contemplating selling another to buy more MNKD. Good move tip toeing, as it looks like the downward move is not over.
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Post by babaoriley on Oct 10, 2014 16:38:56 GMT -5
I bought some more today at the end of the session, not going to help much, given what I already had and how little I bought; it was more of a symbolic move!
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Post by coco on Oct 10, 2014 17:27:27 GMT -5
Waiting for the 3's then plan to load up. I don't want it to happen but if it does, I will jump on it. Have a great weekend everyone. Coco
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Post by lynn on Oct 10, 2014 18:38:25 GMT -5
Since I'm feeling painfully unlucky short term , but extremely Lucky Long Term I plan to place a limit buy order at $3 to balance out my $10's & $9's I do believe in the Science & am confident that in time, Technosphere will change ( disrupt) the way most meds are administered . Pain meds ect are PRN's ( as needed ) & Billion Dollar markets , so if Afrezza passes the test which those of us ( all on this board I'd assume) have done our DD know will be a lifetime med for most & clear the path for Technosphere , as Spiro & Ashwi ( my apologies if I got that wrong./) Nothing worthwhile comes easy , God I hope I'm right & as I recall them stating Al Mann's statement at the end of that conference was "Imagine the Possibilities " My disclaimer is that I'm in Big Bear Cali with girlfriends & have had some wine Cheers , Lynn
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Post by 4Balance on Oct 10, 2014 19:30:41 GMT -5
I sold some inverse ETFs and used some of the proceeds to buy more today. Am nibbling...
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Post by xoxoxoxo on Oct 10, 2014 20:42:42 GMT -5
I bought another 1000 shares because I can't help myself anymore. Too bad I bought them the other day and am already down another 6%
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Post by cybergym66 on Oct 11, 2014 6:17:12 GMT -5
Sadly, the price WILL continue to drop...no reason why it shouldn't. We all thought it was absurd that the price would drop ANY after the partnership, let alone more than $6. The shorts have very successfully walked the price down with NO sign of letting up. So we really need to get our head around the idea that sub $4 is a real possibility that way we can make better investment decisions. Yes, this time next year $10-$15 will be certainly possible and buying in relation to that price sounds good. But waiting a few weeks (if that long) for $4 would save you from a 20% loss (if you bought at $5) or buy you 25% more stock. I'm not saying your reasons to buy now are bad, but wait until we see a bottom...the price chart is still sloping down. I'd watch for capitulation before buying (some volume number over 10 Million). That could occur if/when we go below the 52-week low ($3.85?). Quarterly earnings aren't for another 3-4 weeks (don't have exact date), so unless SNY or MNKD actually make any positive announcements, there's nothing stopping shorts from seeing how low your can drop this stock. (FYI...I'm painfully long so I'd LOVE to be wrong!)
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Post by derek2 on Oct 11, 2014 13:35:32 GMT -5
I'm about to start accumulating Jan 2017 $5 calls. They become available on Monday. Probably won't buy right off the bat, but IMO, these are the right play if you think that Afrezza will be a success. They'll probably cost around $1.90 / share, with break even at $7.00 by Jan 2017. Anything above that is gravy.
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Post by mannmade on Oct 11, 2014 15:13:38 GMT -5
I am now looking to start buying a total of x amount of shares, and will do so over a four week period, buying 25% of my planned total for this series of purchases each Monday. Of course this is all subject to any extraordinary changes in daily patterns that may occur between now and then. But if the current patterns continue this is my plan...
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Post by cybergym66 on Oct 11, 2014 15:27:35 GMT -5
I'm about to start accumulating Jan 2017 $5 calls. They become available on Monday. Probably won't buy right off the bat, but IMO, these are the right play if you think that Afrezza will be a success. They'll probably cost around $1.90 / share, with break even at $7.00 by Jan 2017. Anything above that is gravy. So Jan '16 $5 are $1.40...extra 50 cents gets you another year. It's worth considering... I think I'll wait since I think the stock continues down for a few more weeks.
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Post by sportsrancho on Oct 14, 2014 19:49:06 GMT -5
I bought 2016 and 2017 5 strikes today when the stock was 4.60. Will keep buying if we go lower. Waiting for some gain in other stocks in my Roth to buy more shares. Don't like this market. Have gut feeling I would be better off selling other holdings and going all in on MNKD.
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Post by cybergym66 on Oct 15, 2014 5:33:02 GMT -5
Nice price action yesterday for MNKD...market went south and MNKD went north which is certainly a good sign for MNKD. Also, IBB dropped so MNKD didn't go up due to the Bio ETF which also shows strength. It needs to finish the week above $5 and I think we also need a test to confirm the move up. Another market down day with MNKD holding or going up would do it. With the games that shorts have played with the stock the last few months I'm being cautious about calling the all clear from their attacks.
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