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Post by spiro on Aug 24, 2015 9:30:23 GMT -5
Spiro has been in a fetal position under his desk, checking quotes on his cell phone. Spiro is starting to venture out a bit now.
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Post by liane on Aug 24, 2015 9:31:39 GMT -5
I was breaking out massive doses of chocolate!
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Post by joeypotsandpans on Aug 24, 2015 9:50:00 GMT -5
I just woke up...about to take cruise with the family...feel like I haven't missed a thing  looking forward to the H&S pattern playing/finishing out here over the next month or two....nice to see they couldn't cover squat with these lows...bring on the Caribbean doubt I'll be missing much back on the mainland Liane, hope to join in on some of that chocolate once I can get my script filled when I get back |
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Post by liane on Aug 24, 2015 9:57:23 GMT -5
I just woke up...about to take cruise with the family...feel like I haven't missed a thing looking forward to the H&S pattern playing/finishing out here over the next month or two....nice to see they couldn't cover squat with these lows...bring on the Caribbean doubt I'll be missing much back on the mainland Liane, hope to join in on some of that chocolate once I can get my script filled when I get back joey, I know enough not to panic, but chocolate sure makes the pain more bearable. |
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Post by gamblerjag on Aug 24, 2015 10:35:07 GMT -5
Sports.. hoping buy in comes after Thursday.. if it comes at all.. waiting for refi to clear to gobble up some more shares.. ..yes I said refi--- that's how confident I am this stock will succeed.. it will just take time.. fortunately... unless I get hit by a lightening bolt or my dog turns to Kujo overnight.. I have the time.
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Post by dudley on Aug 24, 2015 10:43:05 GMT -5
I've been trading stocks for 30 years. I have seen 4 recessions, the 1987 crash, the '98 Asian crisis, the fiscal cliff, the debt ceiling standoff, 2 government shutdowns, and of course the 08-09 super recession. Every time, without fail, the best course of action was to either hold firm or buy more. In 2009 the market was eye-poppingly cheap and unless the world truly WAS ending there was no way you could not make money on many of the stocks trading at fractions of book value. I can't even count the number of stocks I liked but traded at a small profit, only to see them up 200% a year or two later.
This is just another of an endless series of market gyrations. It will always be so. As long as you have stocks you have researched and believe in, just stop worrying. As Nate Pile and many others have said, don't get in to where you cannot sleep at night. Of course never use margin except in the safest conditions, i.e. run your numbers to where you know you can withstand market days like last week and today without margin calls coming. Just because a stock seems crazy cheap does not mean it will not get crazy cheaper. Rationality and valuation frequently are not factors when you are dealing with panic and market maker manipulation.
I slept fine last evening even knowing it was going to be an ugly day because of what I have said in this post.
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Post by sportsrancho on Aug 24, 2015 11:18:21 GMT -5
Sports.. hoping buy in comes after Thursday.. if it comes at all.. waiting for refi to clear to gobble up some more shares.. ..yes I said refi--- that's how confident I am this stock will succeed.. it will just take time.. fortunately... unless I get hit by a lightening bolt or my dog turns to Kujo overnight.. I have the time. That is awesome! I'm having a blast! I sold all of my other holdings last week. Now I can do my favorite kind of shopping:-). Feel safe in a MNKD. My friend got crushed in AAPL this week! I can feel a dead cat bounce coming. (Not for MNKD). But maybe an opportunity for people to sell other stocks and buy more MNKD! GL:-) |
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Post by babaoriley on Aug 24, 2015 13:11:26 GMT -5
Sports, I suggest you don't work yourself into a MNKD buying frenzy; consider your current holdings of MNKD.
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Post by charlespk on Aug 24, 2015 13:47:19 GMT -5
Joey , enjoy the Caribbean , as you know , I have been posting that I have been buying $ 3 strikes calls ( buy to open for 2017 .
Where the price is now, and a new low this am, I am thinking to just add more shares at this price, better to buy shares rather than options , as they don't expire .
Anyone who wants to comment on the strategy , thanks in advance .
PPS on MNKD right now , has nothing to do with MNKD , if you are in for the long term ( I think )
cesa
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Post by newmnkdinvestor on Aug 24, 2015 13:54:28 GMT -5
3 pm margin calls coming.
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Post by newmnkdinvestor on Aug 24, 2015 13:57:33 GMT -5
I've been trading stocks for 30 years. I have seen 4 recessions, the 1987 crash, the '98 Asian crisis, the fiscal cliff, the debt ceiling standoff, 2 government shutdowns, and of course the 08-09 super recession. Every time, without fail, the best course of action was to either hold firm or buy more. In 2009 the market was eye-poppingly cheap and unless the world truly WAS ending there was no way you could not make money on many of the stocks trading at fractions of book value. I can't even count the number of stocks I liked but traded at a small profit, only to see them up 200% a year or two later. This is just another of an endless series of market gyrations. It will always be so. As long as you have stocks you have researched and believe in, just stop worrying. As Nate Pile and many others have said, don't get in to where you cannot sleep at night. Of course never use margin except in the safest conditions, i.e. run your numbers to where you know you can withstand market days like last week and today without margin calls coming. Just because a stock seems crazy cheap does not mean it will not get crazy cheaper. Rationality and valuation frequently are not factors when you are dealing with panic and market maker manipulation. I slept fine last evening even knowing it was going to be an ugly day because of what I have said in this post. I slept fine but woke up to being down 10% on 3 different stocks in pre market this am. I didnt like that so much. |
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Post by newmnkdinvestor on Aug 24, 2015 15:40:57 GMT -5
I was breaking out massive doses of chocolate! I am an emotional eater myself. Pizza is my choice. |
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Post by sportsrancho on Aug 24, 2015 16:26:25 GMT -5
Sports, I suggest you don't work yourself into a MNKD buying frenzy; consider your current holdings of MNKD. I'll try and keep a lid-on-it! :-)). But I might have some pizza! |
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Post by dreamboatcruise on Aug 24, 2015 16:36:19 GMT -5
I have to apologize to everyone... I think I caused this market crash. I went into escrow on some real estate Thur. I'm going to need to sell some holdings (was going to be Apple) in order to meet down payment. Obviously I've got some bad karma going. I'll let everyone know if I fall out of escrow... that will probably be the all clear to buy.
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Post by pktrump on Aug 24, 2015 17:03:53 GMT -5
A degree in psychology would be beneficial.
Check out zero hedge article regarding Cramer and Apple's stock valuation----ahh the secret email: He's the most conflicted POS on TV. On one side he says he is for the little guy, but his actions and his motivations are consistent with the hedge fund lover & stock mechanic guy that we all know he is.CNBC by association with Cramer is a POS network.
I wish I could short Cramer and AF; paybacks are hell. Hold tight. The PK profile has not changed: AFZ is a quantum leap in Diabetes maintenance and IMO therapeutic. Insurance companies will see the light with the huge cost savings they will enjoy by embracing.
My Shetland pony now has a myriad of drones employed. TIme for D Day.
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looking forward to the H&S pattern playing/finishing out here over the next month or two....nice to see they couldn't cover squat with these lows...bring on the Caribbean doubt I'll be missing much back on the mainland 
