|
Post by peppy on Oct 20, 2016 15:54:49 GMT -5
My initial though is that it may be related to the expiry of monthly options this Friday although it has gone higher than I would expect so it may have triggered a bit of a squeeze. On the other hand the price is so low at this point that any movement causes wild fluctuations. that is it aged, expiry. The increased volume. short covering.
|
|
|
Post by mnholdem on Oct 20, 2016 16:00:14 GMT -5
I'm not sure whether a Castagna tweet or an obscure news report could move the needle like this. Typically, it would be money related. That could mean that a big jump in scripts or some other source of income is being leaked to a few of the big dogs on Wall Street, although the volume would indicate that whatever is happening isn't a huge pivotal event, such as a deal with a BP for Epi-TS.
The problem with PPS being this low is that movement can seem exaggerated. The same people who jump for joy when you tell them 15% would yawn if you were to say seven cents. Stop with the fantasy land dreaming mnholdem. You always make more out of things then they are. The volume is nothing for a move like this given the price. This is 100% a squeeze. Sorry to disappoint, but I'm not a member of the "There's No Good News / Nothing is Happening" Club and I never have been. Now that I think of it I forgot to include a possible arbitration ruling, which the judges must have completed within 8 months, but typically it takes less time. If arbitration began in April, we would be getting close to a judgement on settlement related to the Sanofi L&C Agreement. I don't that's it, though. Putting it all into perspective, my friend, a $0.14 jump in pps is a yawner for me. I expect will seem like it for lots of other investors during the coming months. Good fortune to all.
|
|
|
Post by centralcoastinvestor on Oct 20, 2016 16:10:17 GMT -5
Up another 7% after hours on 100,000 volume. Interesting.
|
|
|
Post by akemp3000 on Oct 20, 2016 16:12:55 GMT -5
Stop with the fantasy land dreaming mnholdem. You always make more out of things then they are. The volume is nothing for a move like this given the price. This is 100% a squeeze. Sorry to disappoint, but I'm not a member of the "There's No Good News / Nothing is Happening" Club and I never have been. Now that I think of it I forgot to include a possible arbitration ruling, which the judges must have completed within 8 months, but typically it takes less time. If arbitration began in April, we would be getting close to a judgement on settlement related to the Sanofi L&C Agreement. I don't that's it, though. Putting it all into perspective, my friend, a $0.14 jump in pps is a yawner for me. I expect will seem like it for lots of other investors during the coming months. Good fortune to all.
|
|
|
Post by careful2invest on Oct 20, 2016 16:14:31 GMT -5
Stop with the fantasy land dreaming mnholdem. You always make more out of things then they are. The volume is nothing for a move like this given the price. This is 100% a squeeze. Sorry to disappoint, but I'm not a member of the "There's No Good News / Nothing is Happening" Club and I never have been. Now that I think of it I forgot to include a possible arbitration ruling, which the judges must have completed within 8 months, but typically it takes less time. If arbitration began in April, we would be getting close to a judgement on settlement related to the Sanofi L&C Agreement. I don't that's it, though. Putting it all into perspective, my friend, a $0.14 jump in pps is a yawner for me. I expect will seem like it for lots of other investors during the coming months. Good fortune to all. I'll take a green end of day, even if it is only a measly .14 cents. I am down so much that the pennies make little to no difference, but an upward pattern beats the hell out of the downward trajectory that has continually beaten us to death (or damn close) May good news follow and make Al's dream become a reality! GLTA TRUE LONGS!
|
|
|
Post by akemp3000 on Oct 20, 2016 16:17:10 GMT -5
Agree mn. The move is a yawner in the big picture but a 30 percent move on significant volume is something we've needed for a long time. I'm hopeful it's related to forthcoming scripts as that would be the most meaningful regarding the coming months.
|
|
|
Post by babaoriley on Oct 20, 2016 16:19:49 GMT -5
This was one big WTF!
|
|
|
Post by brotherm1 on Oct 20, 2016 16:26:05 GMT -5
My initial though is that it may be related to the expiry of monthly options this Friday although it has gone higher than I would expect so it may have triggered a bit of a squeeze. On the other hand the price is so low at this point that any movement causes wild fluctuations. Aged I must say of all the posters here, you don't seem to get many thumbs up but I certainly have respected and appreciated your posts as much as anybody's and more. You are a very knowledgeable person. I am ignornant understanding how options affect share price. Would you be able to elaborate how the options could have done so today?
|
|
|
Post by mnholdem on Oct 20, 2016 16:36:45 GMT -5
I agree. The hippie gives very level-headed opinions that lean toward skeptic, which is a very good attribute for investing, IMHO.
I wonder if this 30% will attract a herd of day traders to MNKD. If so, it could get interesting...until the earnings report, that is. (You see, I can be skeptical, too, on occasion).
|
|
|
Post by sportsrancho on Oct 20, 2016 16:42:02 GMT -5
I got an alert on my phone from CNBC that 7 stocks were moving and MNKD was one of them.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Oct 20, 2016 16:53:02 GMT -5
I agree. The hippie gives very level-headed opinions that lean toward skeptic, which is a very good attribute for investing, IMHO. I wonder if this 30% will attract a herd of day traders to MNKD. If so, it could get interesting...until the earnings report, that is. (You see, I can be skeptical, too, on occasion). This is a more realistic thought then big money coming. I agree day traders could bring this up another nothc tomorrow.
|
|
|
Post by bioexec25 on Oct 20, 2016 17:03:03 GMT -5
I'll take bouncing off technicals or the odd bottom feeding traders. We all know this sets up nicely with the relaunch. Pull back and coil that spring. It's coming just watch and wait.
|
|
|
Post by charlespk on Oct 20, 2016 17:24:58 GMT -5
I got an alert on my phone from CNBC that 7 stocks were moving and MNKD was one of them. Sports said last week , would buy at .65 . its .65 in AH trading , buying ?
|
|
|
Post by charlespk on Oct 20, 2016 17:30:13 GMT -5
I got an alert on my phone from CNBC that 7 stocks were moving and MNKD was one of them. Sports said last week , would buy at .65 . its .65 in AH trading , buying ? www.nasdaq.com/symbol/mnkd/after-hours
|
|
|
Post by mnkdfann on Oct 20, 2016 17:35:51 GMT -5
In my experience, when a stock spikes up so much (percentage-wise), someone from the company normally releases a statement (which may just end up saying we don't know what's happening any better than you do). Sometimes the stock is even halted while a statement is being drafted.
I'm very surprised nothing like that happened today. Not a peep out of management.
|
|