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Post by alethea on Sept 1, 2017 9:55:27 GMT -5
Yeah, me too! For 3 or 4 years now.....  |
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Post by LongMNKD on Sept 1, 2017 9:57:15 GMT -5
Yeah, me too! For 3 or 4 years now..... you nailed it... |
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Post by kbrion77 on Sept 1, 2017 10:08:14 GMT -5
I'll still stand by my comment that it was an unorganized short cover that created a bit of chaos and green. Today's action is back to being super controlled.
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Post by centralcoastinvestor on Sept 1, 2017 10:15:04 GMT -5
Holding above 2. How many of us expected to be saying that for today considering last week's price? It shows how fast this can move up. I hope for a close above 2 today.
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Post by joeypotsandpans on Sept 1, 2017 10:41:12 GMT -5
Have seen this before folks watch the traders take it right down without anything material. I would generally agree if there were liquidity, however, this stock has been washed out and there is no water left to wash....weak hands, hands that could not take the chinese water torture of days past, and those that have moved on have been long gone... .those that remain aren't giving up much of it now, except those that are happy to get their pre-split .50 back which under normal circumstances would be the former $2.00 support...the dark side will do whatever they can to hold that line as resistance now but there is a nice little IPA by Tapestry Brewing that I'll be taking down....It's name you may ask? Katie Bar the Door  This is the new line in the sand, I put a bid in for another 100 option contracts (Feb '18 laddering up) anticipating an attempt at a push below 2.....considering we've run up almost 100% from just over 3 weeks ago we are very short term overbought so need to work off that a little bit and this area would make a lot of sense for a little breather. Enjoy the holiday weekend, continued thoughts and prayers to those hit hard in the wake of Harvey. |
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Post by dreamboatcruise on Sept 1, 2017 10:42:42 GMT -5
I'll still stand by my comment that it was an unorganized short cover that created a bit of chaos and green. Today's action is back to being super controlled. I suspect you might be correct. |
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Post by peppy on Sept 1, 2017 11:44:27 GMT -5
I would generally agree if there were liquidity, however, this stock has been washed out and there is no water left to wash....weak hands, hands that could not take the chinese water torture of days past, and those that have moved on have been long gone... .those that remain aren't giving up much of it now, except those that are happy to get their pre-split .50 back which under normal circumstances would be the former $2.00 support...the dark side will do whatever they can to hold that line as resistance now but there is a nice little IPA by Tapestry Brewing that I'll be taking down....It's name you may ask? Katie Bar the Door This is the new line in the sand, I put a bid in for another 100 option contracts (Feb '18 laddering up) anticipating an attempt at a push below 2.....considering we've run up almost 100% from just over 3 weeks ago we are very short term overbought so need to work off that a little bit and this area would make a lot of sense for a little breather. Enjoy the holiday weekend, continued thoughts and prayers to those hit hard in the wake of Harvey. Quote: May not be aware now but the employee that put the money to work will make him aware when they have huge returns after the label change, the coming PAH announcements, halt in pediatric studies after the positive results cause this FDA to fast track approval for children, etc. When the Sanofi rep told me two years ago that the insurance issue was the biggest obstacle I understood exactly what she was talking about as I got my script and shot down to CVS to get it filled only to have it turned down by United Healthcare. I was told that it would not receive tier 2 as that category had "its shelf full", it would need to obtain its own insulin category....fast forward two years and nothing will change things for this superior insulin like the label change will. You can't stop progress, they could only hope to contain it. This management team will ultimately prevail IMO, as I've stated this is a total management overhaul. Every afrezza user I know that has been on it for the last two years can't say enough about it, the brain trust behind the ADCOM knew what they were doing with the overwhelming thumbs up vote to getting this to market, the prior FDA admin sealed the two year obstacles for the company with the label they saddled it with. New chapter in this epic story unfolding IMO. Enjoy the rest of your day
Read more: mnkd.proboards.com/user/275/recent#ixzz4rRicJar9
Reply: This is what is going on with price and volume. Thanks for putting it so concisely, joey. This is the price/volume run up in front of the label change announcement.
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Post by babaoriley on Sept 1, 2017 13:21:42 GMT -5
The unusual action lately surely putt MNKD on day traders' radar screen, and now, they are receding, more or less saying, "nothing to see here."
You can only wait so long for news. I'm not too discouraged by the action so far today, I don't think much of the money that initially pushed the stock higher was dumb money.
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Post by dreamboatcruise on Sept 1, 2017 13:29:10 GMT -5
The unusual action lately surely putt MNKD on day traders' radar screen, and now, they are receding, more or less saying, "nothing to see here." You can only wait so long for news. I'm not too discouraged by the action so far today, I don't think much of the money that initially pushed the stock higher was dumb money. I flatly deny your assertion about no dumb money in this week's run up... I bought a little this week  |
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Post by stew3409 on Sept 1, 2017 13:34:46 GMT -5
The unusual action lately surely putt MNKD on day traders' radar screen, and now, they are receding, more or less saying, "nothing to see here." You can only wait so long for news. I'm not too discouraged by the action so far today, I don't think much of the money that initially pushed the stock higher was dumb money. I flatly deny your assertion about no dumb money in this week's run up... I bought a little this week I am in this too so that makes us dumb and dumber? |
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Post by mytakeonit on Sept 1, 2017 13:41:23 GMT -5
Bingo!
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Post by babaoriley on Sept 1, 2017 14:50:31 GMT -5
The unusual action lately surely putt MNKD on day traders' radar screen, and now, they are receding, more or less saying, "nothing to see here." You can only wait so long for news. I'm not too discouraged by the action so far today, I don't think much of the money that initially pushed the stock higher was dumb money. I flatly deny your assertion about no dumb money in this week's run up... I bought a little this week Sorry, DBC, I should have been more specific, the non-dumb money I was referring to came in last week. |
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Post by peppy on Sept 1, 2017 15:27:11 GMT -5
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Post by LosingMyBullishness on Sept 1, 2017 17:20:42 GMT -5
I'll still stand by my comment that it was an unorganized short cover that created a bit of chaos and green. Today's action is back to being super controlled. I agree. There was a slow controlled covering going on that got disturbed by a larger buyer, a computer error, a stupid guy on the control a board as holiday substitute etc etc. Today things were put back on track. The loser's are the ones who had calls in the green without exercising them (like me), who bought some more (like me but only a few) and who even bought some shares to ride the wave (like me, but only tiny amounts). So.. things are back to normal: we are money-losing sheep and the shorts got richer. |
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Post by LongMNKD on Sept 1, 2017 18:13:51 GMT -5
Might have to sell on Tuesday to protect from losses.... We'll see. Hope not. I've already had my share of losses with mnkd, I won't do it again.
Let's have some good news!
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