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Post by trenddiver on Feb 23, 2016 22:44:30 GMT -5
Seems to me that 1$ was a resistence Till days ago now acting as support.... that's good and probably meaning accumulaton. Boom! Baba is right again. No logic to this stock. Totally controlled by shorts, thanks to the tutes and retail share lenders. Inspite of today's late beat down, technicals are still in a shorter term bullish configuration. BUY, BUY, BUY (if you have a few bucks). |
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Post by cretin11 on Feb 23, 2016 23:30:44 GMT -5
trend, how much do "technicals" matter with this particular stock, and haven't they led us astray more often than not over the last couple of years? You would know more than me about this, so I'm curious what your perspective is on the topic. My amateur observation is that MNKD share price doesn't respond to technical indicators as much as it does other factors (event driven and/or controlled by nebulous "smart money" forces).
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Post by trenddiver on Feb 23, 2016 23:49:49 GMT -5
trend, how much do "technicals" matter with this particular stock, and haven't they led us astray more often than not over the last couple of years? You would know more than me about this, so I'm curious what your perspective is on the topic. My amateur observation is that MNKD share price doesn't respond to technical indicators as much as it does other factors (event driven and/or controlled by nebulous "smart money" forces). I think we will find out soon about technical analysis and MNKD. |
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Post by longinvstr on Feb 24, 2016 12:04:36 GMT -5
Seems to me that 1$ was a resistence Till days ago now acting as support.... that's good and probably meaning accumulaton. Boom! Baba is right again. No logic to this stock. Totally controlled by shorts, thanks to the tutes and retail share lenders. Inspite of today's late beat down, technicals are still in a shorter term bullish configuration. BUY, BUY, BUY (if you have a few bucks). Can not reconcile "no logic to this stock," "totally controlled by shorts" and "buy, buy, buy." Doesn't TA use logic to predict future stock movement? You declare it a "buy" b/c shorts are "controlling" it up? Seems to me either it is technicals OR shorts but can't be both governing direction. FWIW, I believe a stock needs "real" volume for TA to be valid and MNKD is news and event driven for the time being. |
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Post by BlueCat on Feb 24, 2016 12:13:38 GMT -5
Boom! Baba is right again. No logic to this stock. Totally controlled by shorts, thanks to the tutes and retail share lenders. Inspite of today's late beat down, technicals are still in a shorter term bullish configuration. BUY, BUY, BUY (if you have a few bucks). Can not reconcile "no logic to this stock," "totally controlled by shorts" and "buy, buy, buy." Doesn't TA use logic to predict future stock movement? You declare it a "buy" b/c shorts are "controlling" it up? Seems to me either it is technicals OR shorts but can't be both governing direction. FWIW, I believe a stock needs "real" volume for TA to be valid and MNKD is news and event driven for the time being. I wonder how much volume is needed for any stock to make TA valid. Right - Essentially, TA requires the sample to be statistically significant. Though one would think trade volume would work for MNKD on that, I think your point is valid when you clarify with 'real'. And perhaps overall, TA is starting to break down in the market due to algos. How can it be relevant when the algos programmatically adjust and take action, essentially changing the outcomes upon which the TA is based? I'm guessing its a function of sample vs. % trades controlled by algos (and well, their quality of programming). TA effectively becomes its own algo, trying to predict what other prediction programs will determine and act on. Geesh. And people were worried about Scinet going nuclear (ala Terminator) or now IoT and encryption breaking in Apple. Nope. Scinet went HFT instead. |
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Post by myocat on Feb 24, 2016 13:14:38 GMT -5
i dont think mnkd is going any where but floating at 1 buck for the time being. Until the eventual take over of Affrezza from SNY and a clear picture of rls emerges, the pps may move up....
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Daily PPS
Feb 24, 2016 21:08:08 GMT -5
via mobile
Post by trenddiver on Feb 24, 2016 21:08:08 GMT -5
Boom! Baba is right again. No logic to this stock. Totally controlled by shorts, thanks to the tutes and retail share lenders. Inspite of today's late beat down, technicals are still in a shorter term bullish configuration. BUY, BUY, BUY (if you have a few bucks). Can not reconcile "no logic to this stock," "totally controlled by shorts" and "buy, buy, buy." Doesn't TA use logic to predict future stock movement? You declare it a "buy" b/c shorts are "controlling" it up? Seems to me either it is technicals OR shorts but can't be both governing direction. FWIW, I believe a stock needs "real" volume for TA to be valid and MNKD is news and event driven for the time being. All you have to do is watch the price action to know that the shorts are in control. That doesn't mean that technical analysis isnt reflecting bullish indicators. My current investment thesis is that these strong bullish indicators could draw interest in the stock from those who follow technical analysis which could create share price momentum drawing in momentum players, which would put a lot of pressure on the shorts, which could create additional bias to the upside. I admit it's a little contrarian considering what's happening on the business side. Also, not too much downside. Risk is only a $1 a share vs. large upside if things turnaround. Trend |
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Post by benyiju on Feb 24, 2016 21:50:29 GMT -5
Can not reconcile "no logic to this stock," "totally controlled by shorts" and "buy, buy, buy." Doesn't TA use logic to predict future stock movement? You declare it a "buy" b/c shorts are "controlling" it up? Seems to me either it is technicals OR shorts but can't be both governing direction. FWIW, I believe a stock needs "real" volume for TA to be valid and MNKD is news and event driven for the time being. All you have to do is watch the price action to know that the shorts are in control. That doesn't mean that technical analysis isnt reflecting bullish indicators. My current investment thesis is that these strong bullish indicators could draw interest in the stock from those who follow technical analysis which could create share price momentum drawing in momentum players, which would put a lot of pressure on the shorts, which could create additional bias to the upside. I admit it's a little contrarian considering what's happening on the business side. Also, not too much downside. Risk is only a $1 a share vs. large upside if things turnaround. Trend Seems more likely that shorts are playing the TA crowd (as they are wont to do), knowing that stocks like MNKD attract a lot of amateurs and giving them 'bullish indicators' over and over, sucking in money and then running it down again. |
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Post by dreamboatcruise on Feb 24, 2016 21:58:10 GMT -5
Seems more likely that shorts are playing the TA crowd (as they are wont to do), knowing that stocks like MNKD attract a lot of amateurs and giving them 'bullish indicators' over and over, sucking in money and then running it down again. When it comes to being a sucker to the MNKD shorts... I'm a bona fide professional at this point. I scoff at the amateur suckers.   |
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Post by myocat on Mar 2, 2016 19:19:23 GMT -5
Let's hope MNKD will break 1.10 this week. Besides the QTR report which I am not looking forward to see, any other development news relating to RLS as well as path fwd plan for Affrezza will push PPS up north.
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Post by dreamboatcruise on Mar 2, 2016 19:47:41 GMT -5
Let's hope MNKD will break 1.10 this week. Besides the QTR report which I am not looking forward to see, any other development news relating to RLS as well as path fwd plan for Affrezza will push PPS up north. Given that RLS has chosen to operate in stealth mode, it may well be that more info will not be forthcoming until they file for clinical trials, which is likely a long way off. I'm guessing the first hint we get of progress will be MNKD announcing they've earned a milestone payment for some unspecified progress/event near the end of 2016. |
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Post by myocat on Mar 3, 2016 11:47:36 GMT -5
MNKD marketing rights will be handed over from SNY on April 5. This date could be an inflection point.....
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Post by myocat on Mar 4, 2016 16:07:14 GMT -5
Well, 1.17 at close. .07 more than what I was hoping for. MNKD could surpass 1.20 next week and back to the level before SNY terminated marketing contract with MNKD.
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Post by myocat on Mar 7, 2016 12:57:36 GMT -5
Nice run up, today. Prolly, something is up.
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Post by myocat on Mar 11, 2016 14:41:49 GMT -5
Can we have 1.30 close today?
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