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Post by celo on Jul 28, 2017 15:38:09 GMT -5
End of July Monthly Chart
Great Descending channel stock pattern. MNKD has multiple possibilities (Signing with an international partner) to break upwards out of the pattern and recover its historical range between 100 and 10. |
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Post by peppy on Aug 2, 2017 7:03:43 GMT -5
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Post by promann on Aug 2, 2017 7:17:52 GMT -5
We see this every new month. It's share holders buying with thier money they got with interest lending to the shorts. |
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Post by kite on Aug 2, 2017 14:19:58 GMT -5
What is going on with the MNKD stock today?
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Post by peppy on Aug 2, 2017 14:24:05 GMT -5
What is going on with the MNKD stock today? sellers. 310,242 shares traded in first38 mins. (836,000 was yesterdays total volume.) volume now 1,040,138 shares. 40 mins of trade left.
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Post by alethea on Aug 2, 2017 14:24:07 GMT -5
What is going on with the MNKD stock today? Not sure what you mean. This is normal for MNKD stock. |
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Post by kite on Aug 2, 2017 14:29:35 GMT -5
I'm tempted to scoop up more shares today or to wait another day for the stock to dip a few more pennies
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Post by dreamboatcruise on Aug 2, 2017 14:40:06 GMT -5
What is going on with the MNKD stock today? Not sure what you mean. This is normal for MNKD stock. It does seem we've broken out (to the downside) of what was a tightening trading range. Certainly wouldn't read too much into it, though. In reality I think this happened because I predicted we'd stay in the established trading range absent news. Darn Wall Street proving me wrong yet again. |
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Post by tingtongtung on Aug 2, 2017 14:50:01 GMT -5
Not sure what you mean. This is normal for MNKD stock. It does seem we've broken out (to the downside) of what was a tightening trading range. Certainly wouldn't read too much into it, though. In reality I think this happened because I predicted we'd stay in the established trading range absent news. Darn Wall Street proving me wrong yet again. May be a good time to buy and wait for earnings? I have an order after a long, long time. What to do?? ideas :-) |
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Post by matt on Aug 2, 2017 14:56:43 GMT -5
What is going on with the MNKD stock today? Two reasons I can think of. First, we know the Mann Group has a block of shares but we don't know what other assets they own. They may indeed be trying to quietly liquidate a big chunk of their MNKD holding to raise the money needed to make the payment later this month. It seems to be that they started putting through big blocks around July 20, and today is just a continuation. At one point I calculated that they needed to sell around 450K shares per trading day if they had no other cash assets available. The other reason is that people may be expecting the company to announce that some dilutive event is coming, which is far more likely than announcing that material cash will be coming from some other source. It may be that people think the downside risk outweighs the upside potential between now and Tuesday, and if the stock does fall they can reload later next week at a lower price. Or it could be a random event of the universe. |
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Post by kite on Aug 2, 2017 15:01:13 GMT -5
Thanks for the feedback everyone. I bought more at $1.18... I've been patient with my buy in since the stock has been consistently dropping. I'm hopeful for good things to come. The only way is up!
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Post by dreamboatcruise on Aug 2, 2017 15:03:57 GMT -5
It does seem we've broken out (to the downside) of what was a tightening trading range. Certainly wouldn't read too much into it, though. In reality I think this happened because I predicted we'd stay in the established trading range absent news. Darn Wall Street proving me wrong yet again. May be a good time to buy and wait for earnings? I have an order after a long, long time. What to do?? ideas :-) If you have experience with options you might consider a straddle, though I'd want to go longer than just earnings myself. Seems likely we'll break one way or the other in the next few months, but maybe the can and share price gets kicked down the road a bit longer. I did a straddle myself some months ago but with jan 2019 rather than short term options. That happened to be a particularly attractive trade at that point. If financing is resolved I think you'll have plenty of time to accumulate shares as good news about Afrezza's success will likely continue to roll in for years to come. |
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Post by falconquest on Aug 2, 2017 15:04:28 GMT -5
All of the bio's I follow are down today. I guess Mr. Market doesn't like bio's for some reason.
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Post by kbrion77 on Aug 2, 2017 15:05:45 GMT -5
What is going on with the MNKD stock today? Two reasons I can think of. First, we know the Mann Group has a block of shares but we don't know what other assets they own. They may indeed be trying to quietly liquidate a big chunk of their MNKD holding to raise the money needed to make the payment later this month. It seems to be that they started putting through big blocks around July 20, and today is just a continuation. At one point I calculated that they needed to sell around 450K shares per trading day if they had no other cash assets available. The other reason is that people may be expecting the company to announce that some dilutive event is coming, which is far more likely than announcing that material cash will be coming from some other source. It may be that people think the downside risk outweighs the upside potential between now and Tuesday, and if the stock does fall they can reload later next week at a lower price. Or it could be a random event of the universe. Prepare to be ambushed. 1. You should already know by now that Mann Group has endless amount of funds, probably more than Apple has in their cash stockpile. 2. Mike C has a $75MM rabbit he is going to pull out of his hat to bypass dilution. We will be back under $1 by Tuesday without a clear cash explanation. |
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Post by tingtongtung on Aug 2, 2017 15:35:05 GMT -5
May be a good time to buy and wait for earnings? I have an order after a long, long time. What to do?? ideas :-) If you have experience with options you might consider a straddle, though I'd want to go longer than just earnings myself. Seems likely we'll break one way or the other in the next few months, but maybe the can and share price gets kicked down the road a bit longer. I did a straddle myself some months ago but with jan 2019 rather than short term options. That happened to be a particularly attractive trade at that point. If financing is resolved I think you'll have plenty of time to accumulate shares as good news about Afrezza's success will likely continue to roll in for years to come. I dont have enough knowledge on options. I have been meaning to spend some time to learn it. May be by year end... Thanks matt.. Just my opinion.. Scripts have stabilized, and are looking like going up. But, they need money at any cost (like yesterday).. Not sure if partnerships can get us decent money at this time. So, the only option is dilution and raise a lot of money? At least 50-60 million IMHO (8-9 months)? How much do they need to dilute to get that kind of money? 50%? I hope not. Can someone give them some kind of loan/issue bonds to raise cash? |
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