Volume too

[kc]

FIDELITY now at 110% on the HTB list. Wow? WTF or WTH.....

[dreamboatcruise]

kc... I always find it curious that Fidelity and Schwab don't seem to move in lockstep regarding rates, but it appears Schwab rates are not rising today.

[babaoriley]

Because this is a popular thread, I'm going to use it to give a brief update on Spiro. Talked to him yesterday, he said it was worse than he expected, but all are fine, no power, but he has a generator so he can run a small air conditioner and keep his phone charged! No damage to his abode, although some of his neighbors did have some issues.

He sounded strong and essentially unaffected. Going through the MNKD saga can toughen a person up!

[casualinvestor]

MNKD has almost doubled in the past month on modest sales growth, hope of a favorable label change, and no new financing/deals. That's plenty of reason for shorts to get back in.

[straightly]

Sept 12, 2017 11:49:27 GMT -5 casualinvestor said:

MNKD has almost doubled in the past month on modest sales growth, hope of a favorable label change, and no new financing/deals. That's plenty of reason for shorts to get back in.

I wanted to buy more if this drops too, but I am not counting on that, holding my core positions.

[celo]

Big move just now.  Breaking out of the recent 2.00 level.  Doing it slowly and patiently.  With news as the catalyst, it looks like 60 to 65 cents (3.15 to 3.30 now price) is the next pre split level.  Not much holding it back up to there.

[straightly]

Sept 12, 2017 9:22:34 GMT -5 peppy said:

measured move $2.22.
444,842 shares in 41 mins.
measured move $2.22 targets. Let's see if price gets there.

www.nasdaq.com/symbol/mnkd/real-time

MNKD over two dollars, on the nasdaq % gainers.

www.wsj.com/mdc/public/page/2_3021-gainnnm-gainer.html

U R good just in case we have forgotten to say that today.

[mytakeonit]

Good? More like Nasty !

[shake34]

Great call peppy. I really appreciate your chart insights for dummies.

[peppy]

Sept 12, 2017 13:36:59 GMT -5 celo said:

Big move just now.  Breaking out of the recent 2.00 level.  Doing it slowly and patiently.  With news as the catalyst, it looks like 60 to 65 cents (3.15 to 3.30 now price) is the next pre split level.  Not much holding it back up to there.

cello, you are reading the chart!

$2.29 takes out last months high, $2.35, $2.38, $2.70, $2.75 $2.85. $3.05, $3.30 Next hard resistance. $3.60. $4.35.

$2.10 should now be hard support.

200 day is $1.97. Price has not touched it's 200 day for over two years.

[straightly]

Sept 12, 2017 14:00:10 GMT -5 peppy said:

Sept 12, 2017 13:36:59 GMT -5 celo said:

Big move just now.  Breaking out of the recent 2.00 level.  Doing it slowly and patiently.  With news as the catalyst, it looks like 60 to 65 cents (3.15 to 3.30 now price) is the next pre split level.  Not much holding it back up to there.

cello, you are reading the chart!

$2.29 takes out last months high, $2.35, $2.38, $2.70, $2.75 $2.85. $3.05, $3.30 Next hard resistance. $3.60. $4.35.

$2.10 should now be hard support.

200 day is $1.97. Price has not touched it's 200 day for over two years.

And we cut through it like a hot knife through butter!

[derek2]

Looks to me like the familiar pre-catalyst run up of day traders getting in. We lacked that before the quarterly call, and that's why I figured it was a good chance for a long position, as the chance for a dump was muted.

So, what to do? I'd expect a further push up as hot money positions for the PDUFA date, getting in a bit early in case of a mid-month announcement. If this pushes north of $2.75, I'll buy some OTM Oct puts in order to protect my position from a disappointment, otherwise, I'll just ride it.

[n8]

Sept 12, 2017 13:58:51 GMT -5 shake34 said:

Great call peppy. I really appreciate your chart insights for dummies.

I second that...

[peppy]

two days into the week. the weekly.

I added some fibs.

[cjc04]

Jan 2019 options just got some serious attention