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Post by babaoriley on May 26, 2017 8:40:42 GMT -5
I'd be surprised if we stay above 300. Don't forget, expect the unexpected. Well then... I have decided that I am going to expect 400. Ha! How's that for seeing your expectation and raising you one unexpected? Your move Baba... No moves, esstan, I'll stand pat! LOL. I was hoping get karma going in our favor, then you cancelled out my attempt.
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Post by centralcoastinvestor on May 26, 2017 13:02:06 GMT -5
Back to even game plan: I put that $10,000 insurance money into shares at .78cents. I will sell half at 1.60. I'll then buy 400 2019 2 dollar strike calls. And sell those at $5, or 3 months before experation. Depending on how things are going I may roll those calls over into 2020. Once we get to a 2b market cap the pps might slow down. Then I'll sell the 2020 calls. Buy some more shares and just hold. $1.60 should hit tomorrow. You called it. Well done.
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Post by mytakeonit on May 26, 2017 13:09:40 GMT -5
Wow ... peppy has a ton of $$$ to move the market that way. But then, we aren't done yet so ... let's go to $2 instead.
BTW, glad that I increased my daughter's position in May. 10% for her ... 10% for me. Ha!
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Post by sportsrancho on May 26, 2017 13:16:01 GMT -5
Great call Peppy!!!
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Post by Deleted on May 26, 2017 13:26:21 GMT -5
Curious to see where this closes and who holds into a 4 day weekend.
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Post by dreamboatcruise on May 26, 2017 13:32:39 GMT -5
Peppy (aka Wizard of Wall Street),
How much do you charge for your newsletter? What other stocks do you cover... AAPL or GOOGL?
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Post by dreamboatcruise on May 26, 2017 14:22:58 GMT -5
If this closes the day right at $1.60 I may have to turn Peppy into the SEC for manipulation... unless of course she agrees to bring me into her inner circle for future trades.
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Post by peppy on May 26, 2017 15:22:14 GMT -5
314,794 shares in 5 mins. www.nasdaq.com/symbol/mnkd/real-time 1.30 low. MNKD let's see if MNKD is bought here.
added: 454,996 shares in 15 mins. 663,058 shares at 30 mins. 773,858 shares at 45 mins. 826,050 shares at one hour. $1.38 minus .04 minus
MNKD real time shares traded: 5,206,380 1 million shares the last hour. www.nasdaq.com/symbol/mnkd/real-time $1.52 plus .10 plus 7%
up targets. 1.68, 1.88, 2.05, 2.25 today was an outside day, taking out the prior days low and high.
A close over 1.88 is a change of trend. higher high, higher low, higher high.
daily: stockcharts.com/h-sc/ui weekly: stockcharts.com/h-sc/ui?s=MNKD&p=W&b=5&g=0&id=p31261276255
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Post by falconquest on May 26, 2017 16:34:35 GMT -5
The big question is, what is driving the share price (yeah, buying I know)? Why though? I would agree that fundamentals are improving but cash sure hasn't. This has doubled in a very short period of time. Either the perception is that it was way over sold or that someone knows something. Let's hope catalysts keep driving this North.
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Post by brotherm1 on May 26, 2017 17:06:46 GMT -5
One Drop, Reversed, improved sales, news clips, foreign sales prospects, growth of diabetes awareness in general, social media, improving revenue, upcoming advertisements, investors with vision, awareness of MNKD spreading, undervalued share price.....all as manifested in the greater trading volume. A plan to sell direct to consumers and bring down costs....Insurance coverage growth. Share price spikes also drawing attention....new label in the works...plans to allow the obtainment of prescriptions online via skype/video conferencing...working towards juvenile approval...
Have you been living in a cave? (just joking) 😎
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Post by falconquest on May 26, 2017 17:23:59 GMT -5
One Drop, Reversed, improved sales, news clips, foreign sales prospects, growth of diabetes awareness in general, social media, improving revenue, upcoming advertisements, investors with vision, awareness of MNKD spreading, undervalued share price.....all as manifested in the greater trading volume. A plan to sell direct to consumers and bring down costs....Insurance coverage growth. Share price spikes also drawing attention....new label in the works... But a lot of those things are intangibles. The one thing that Mannkind has always lacked was market acceptance. We need sales!
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Post by brotherm1 on May 26, 2017 17:41:22 GMT -5
I think at least our current revenues more than offset the costs of our sales force. Perhpas the debt reduction of recent and the significant reduction cash outflow recently is being figured into some of the wall street equation also. We did go from 10-12 million burn not long ago to less than 8 per momth now I believe. Appears finances are lookkng more manageable.
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Post by dreamboatcruise on May 26, 2017 19:12:48 GMT -5
I think at least our current revenues more than offset the costs of our sales force. Perhpas the debt reduction of recent and the significant reduction cash outflow recently is being figured into some of the wall street equation also. We did go from 10-12 million burn not long ago to less than 8 per momth now I believe. Appears finances are lookkng more manageable. No I don't think that is the reason... from an accounting standpoint the car is still heading towards the wall even if at a slightly slower speed. Personally I think a large part is bounce from oversold. Though obviously as shown here there are some that follow MNKD that are getting excited by the collection of "intangibles". That is the group of people that take it on faith that Matt will work something out regarding finding more capital to keep the lights on. That sentiment likely started the upswing and now the momentum of the oversold condition is kicking in. I think it will be an interesting battle between that momentum and how much pain the shorts can take... assuming some of our shorts are new to the game and thought they were jumping in for the death spiral. But those that are concerned about MNKD running out of money soon aren't going to jump on board just because it is Sept rather than Aug. People that don't care about the liquidity issue now were likely not caring when the burn was higher and wouldn't care now if it had stayed higher. In fact some here are citing not cutting spending further as a form of evidence that Matt must already have a solution... so for them the higher the burn the more confidence... it would seem.
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Post by sportsrancho on May 26, 2017 19:44:29 GMT -5
I just think something is leaking and the shorts are hearing about it first. Just like they did when SNY dumped us.
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Post by dreamboatcruise on May 26, 2017 20:18:21 GMT -5
I just think something is leaking and the shorts are hearing about it first. Just like they did when SNY dumped us. If the smart money really had leaked info about something that fundamentally changed the prospects, I'd think you'd see price double in a day... or more. Edit: maybe I should change that to "corrupt inside information sharing wall street money" rather than "smart money". Obviously there are a lot of smart people here that simply lack connections... and are honest.
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