|
|
Post by dreamboatcruise on Jul 20, 2015 10:58:46 GMT -5
Seems like today is pretty high volume with large drop in price. Just wondering if anyone thinks it something other than our normally volatility, perhaps retesting $5 simply because the traders treat our shares like a ping pong ball. I had told myself I would wait until after SNY earnings hoping for a nice dip to buy... but.
Joey... any readings from your tea leaves? Is $5 likely to provide some sort of support? Do we have a pattern that might indicate where we go if there is no meaningful news from SNY earnings, thus leaving the field open for the traders to play.
|
|
|
|
Post by peppy on Jul 20, 2015 11:19:15 GMT -5
Price took out all of last week.
volume from yahoo finance :
Total volume:
2,782,306 first 45 mins
3,839,610 first 67 mins
5,000,000 shares in the first two hours
5,652,192 at 3 and a quarter hours.
5.09 support should hold. Not looking to get there.
Commentary on chart. supports the above statement. Price action in 3 hours took out last weeks low. 
|
|
|
|
Post by joeypotsandpans on Jul 20, 2015 11:39:58 GMT -5
Seems like today is pretty high volume with large drop in price. Just wondering if anyone thinks it something other than our normally volatility, perhaps retesting $5 simply because the traders treat our shares like a ping pong ball. I had told myself I would wait until after SNY earnings hoping for a nice dip to buy... but. Joey... any readings from your tea leaves? Is $5 likely to provide some sort of support? Do we have a pattern that might indicate where we go if there is no meaningful news from SNY earnings, thus leaving the field open for the traders to play. We've talked about their (shorts) days are numbered...they know it all too well at this point. If it was 180 days from 2/28, it has now become approx. 38 days (i use this as an example  ) but the end game remains the same...conference calls will/should paint a pretty good picture going forward with respect to the open questions we are well aware of. Regarding the charts (btw peppy thanks for your contributions in that area) I remain in the longer term pattern with the right shoulder continuing to develop...these bear raid days continue to be just noise and opportunities...low 5's continue to be very attractive for adding and/or new entries IMO. |
|
|
|
Post by mnholdem on Jul 20, 2015 12:04:43 GMT -5
Lately, I've become aware that my confidence level is rising. For example, my first reaction to the dropping share price from this morning's bear raid was, "Hmmmm. Somebody must have leaked some information that is about to be announced."
These well-funded short interests have their sources and usually get wind of a major event before the rest of the crowd. Such information would, of course, lead to a major bear raid in an attempt to drive down the PPS to get at the lowest exit point possible.
...and I wholeheartedly agree with Joey's assessment that the shorts know that they are running out of time. |
|
|
|
Post by BlueCat on Jul 20, 2015 12:42:12 GMT -5
Lately, I've become aware that my confidence level is rising. For example, my first reaction to the dropping share price from this morning's bear raid was, "Hmmmm. Somebody must have leaked some information that is about to be announced."
These well-funded short interests have their sources and usually get wind of a major event before the rest of the crowd. Such information would, of course, lead to a major bear raid in an attempt to drive down the PPS to get at the lowest exit point possible.
...and I wholeheartedly agree with Joey's assessment that the shorts know that they are running out of time. I added today for the first time outside of my core holding, thinking somewhere in the same vein as you holdem - they seem to like to set the lowest base possible, so that way the high is more contained too …. Or, they were just playing roller coaster again. They ride it up just a little, short down, make $$ in both direx. I'm only hoping that I caught it close enough to bottom, and this isn't another waterfall for a few days ….. In any case, no margin! |
|
|
|
Post by ashiwi on Jul 20, 2015 13:10:52 GMT -5
Sort of gives credibility to the theory of why CNBC and The Street had positive articles last week. It was an attempt to drive the pps up via the novice retail investor so they could short it back down this week.
|
|
|
|
Post by mannmade on Jul 20, 2015 13:21:09 GMT -5
Have to say, Rob called this...
|
|
|
|
Post by ashiwi on Jul 20, 2015 13:36:44 GMT -5
Classic "pump and Dump"
|
|
|
|
Post by mnholdem on Jul 20, 2015 15:04:56 GMT -5
So (tongue in cheek) does that mean we are now right back to where we were originally, on the brink of something big, but we-know-not-what?  |
|
|
|
Post by parrerob on Jul 20, 2015 15:17:08 GMT -5
Lately, I've become aware that my confidence level is rising. For example, my first reaction to the dropping share price from this morning's bear raid was, "Hmmmm. Somebody must have leaked some information that is about to be announced."
These well-funded short interests have their sources and usually get wind of a major event before the rest of the crowd. Such information would, of course, lead to a major bear raid in an attempt to drive down the PPS to get at the lowest exit point possible.
...and I wholeheartedly agree with Joey's assessment that the shorts know that they are running out of time. It can Be July the 30th.... sure sales are about to be announced.... I bet they are playing with that now |
|
|
|
Post by Chris-C on Jul 20, 2015 15:42:19 GMT -5
You can discover what your enemy fears most by observing the means he uses to frighten you. – Eric Hoffer
The message being sent out by shorts suggest that they greatly fear:
1. The growing awareness of the effectiveness of Afrezza
2. Resolution of the convertible notes.
3. Sanofi's commitment and long range game plan
|
|
|
|
Post by dreamboatcruise on Jul 20, 2015 16:05:33 GMT -5
parrerob... I'm guessing sales announced by SNY will be used by shorts to push us down. Actually I'm hoping, as I have another chunk of money I want to put in play. So best case for me is dip on SNY announcement followed by MNKD announcing resolution of debt at before/at their conference call generating a rally.
|
|
|
|
Post by orlon on Jul 20, 2015 16:17:02 GMT -5
Not quite sure they fear anything. Sanofi announced they are reorganizing their business beginning January 2016, with Diabetes and Cadiovascular being one of the five global divisions. As I look at this I see good things and bad things...my imagination running wild again....in that the focus on diabetes and cardio diseases will have a global reach, and be concentrated to the one branch of the company...a great benefit for AFREZZA. The bad is that it will take more time to get to the promised land. Anyone ever involved in reorganizing a large organization knows how time consuming the process can be.
|
|
|
|
Post by parrerob on Jul 20, 2015 16:41:27 GMT -5
parrerob... I'm guessing sales announced by SNY will be used by shorts to push us down. Actually I'm hoping, as I have another chunk of money I want to put in play. So best case for me is dip on SNY announcement followed by MNKD announcing resolution of debt at before/at their conference call generating a rally. Honestly I hope sales will be good.... something between 3/4 millions. Then PPS who knows.... but I have a longer view then yours.... my time is February when we will have a complete year of sales and 4 points that can design a nice hyperbole..... Afrezza will take years before becoming a billion drugs... but this is not a problem. Our problem is the damage shorters (big players, hf, our partners too like boa) gave or voluntary created to our stocks image... our PPS is not evaluated for a 5 years period (or any case for long term potential)..... also our PPS seems to follow only Afrezza..... as well my investment is not in Afrezza (only). My investment is on the pipeline, it is on that particular technology of which Afrezza is the first product........ this absolutely is not evaluated yet in our PPS and this is totally ridiculous.
Any case When Afrezza will start to have credibility (like sales curve, 3-4quarters) our PPS will be in the 10s and growing.
|
|
|
|
Post by babaoriley on Jul 20, 2015 17:05:42 GMT -5
"my time is February when we will have a complete year of sales and 4 points that can design a nice hyperbole" parrerob, people use hyperbole (and really nice ones) at every chance on this and other boards, no need to wait for February! Sorry, couldn't resist!! Just finished watching my DVR of the British Open - too much excitement! |
|
) but the end game remains the same...conference calls will/should paint a pretty good picture going forward with respect to the open questions we are well aware of. Regarding the charts (btw peppy thanks for your contributions in that area) I remain in the longer term pattern with the right shoulder continuing to develop...these bear raid days continue to be just noise and opportunities...low 5's continue to be very attractive for adding and/or new entries IMO.
