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Post by straightly on Sept 13, 2017 13:05:53 GMT -5
Fidelity raised the Borrowed rate again. It is not 113.75%
Seems there is a storm ahead for somebody?
Will it be for the SHORTY or the Long Shareholder?
What is the capitulation point? Seems that there is blood in the streets somewhere.
If you think the shorts will simply roll over, you have picked the wrong stock. Peppy: how strong is the support we have at 2:10? |
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Post by peppy on Sept 13, 2017 14:42:45 GMT -5
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Post by mytakeonit on Sept 13, 2017 14:44:14 GMT -5
CasualInvestor - "The never-love-a-stock kind of thinking kept me from investing in Tesla (back when it shot to 90), Amazon and Netflix.  I should have invested in them long time." Hey Casual ... "never love a stock" doesn't mean that you can't buy it. It only means not to love it so much that you can't dump it when it goes bad. Kinda like a marriage. |
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Post by joeypotsandpans on Sept 13, 2017 14:47:31 GMT -5
I see lots of tall green bars in the volume window since the May low's....Peppy add the OBV window below it  |
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Post by peppy on Sept 13, 2017 14:56:37 GMT -5
I see lots of tall green bars in the volume window since the May low's....Peppy add the OBV window below it Total shares outstanding turned over? They were in share prison and the jail cell has been opened? How do you read it?
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Post by mango on Sept 13, 2017 15:05:28 GMT -5
afternoon sellers popping my balloon. Bastids. |
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Post by peppy on Sept 13, 2017 15:08:57 GMT -5
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Post by joeypotsandpans on Sept 13, 2017 15:36:31 GMT -5
I see lots of tall green bars in the volume window since the May low's....Peppy add the OBV window below it Total shares outstanding turned over? They were in share prison and the jail cell has been opened? How do you read it?
I read it as a "reversal of fortune", Granville was big (big in a few ways, size and character RIP) on volume/price action...and supply and demand with shares, so relative to MNKD I like this indicator as we know there has been some pretty good shenanigan's with the supply and demand over the years on this....I think that correlation with the climax reversal low is extremely telling and the positive volume from that point forward ref: stockcharts.com/school/doku.php?id=chart_school:technical_indicators:on_balance_volume_obv |
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Post by kc on Sept 13, 2017 15:57:24 GMT -5
Total shares outstanding turned over? They were in share prison and the jail cell has been opened? How do you read it?
I read it as a "reversal of fortune", Granville was big (big in a few ways, size and character RIP) on volume/price action...and supply and demand with shares, so relative to MNKD I like this indicator as we know there has been some pretty good shenanigan's with the supply and demand over the years on this....I think that correlation with the climax reversal low is extremely telling and the positive volume from that point forward ref: stockcharts.com/school/doku.php?id=chart_school:technical_indicators:on_balance_volume_obv I actually had met Joe Granville a couple of times in KC back in the 90's he was a interesting person.
But Joey can you give this to me in English? What is the chart telling you.
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Post by joeypotsandpans on Sept 13, 2017 16:23:08 GMT -5
I read it as a "reversal of fortune", Granville was big (big in a few ways, size and character RIP) on volume/price action...and supply and demand with shares, so relative to MNKD I like this indicator as we know there has been some pretty good shenanigan's with the supply and demand over the years on this....I think that correlation with the climax reversal low is extremely telling and the positive volume from that point forward ref: stockcharts.com/school/doku.php?id=chart_school:technical_indicators:on_balance_volume_obv I actually had met Joe Granville a couple of times in KC back in the 90's he was a interesting person.
But Joey can you give this to me in English? What is the chart telling you.
KC essentially, the climatic/reversal low that was put in the first week of May is when there was a huge volume "exchange" of shares. It is very obvious the accumulation that has taken place since that low and thus the reduced supply of shares evident in the financing rates going through the roof. I have mentioned that I have a MM source (friend) that can call and check on availability of shares and rates from alternative source other than Schwab or Fidelity....when he inquired this am., they told him they had no shares available to lend, again simple supply/demand equation....if you hit the link I posted on OBV in my response to Peppy, it gives a pretty good explanation of how Granville used this as one of the tools in his arsenal. Look at the different samples of the charts below the OBV explanation in the link, see the similarities to the reversal break to the upside from those lows accompanied by the large green volume bars over the last few mos. in MNKD? I'm just pointing it out as another confirmation indicator of what has been happening with the accumulation as opposed to just traders...IMO the grind higher is more indicative of tighter shares being held by stronger hands. It coincides with my question of why didn't (couldn't) the short position close prudently when s/p was at .13 at the climatic low...hope that helps |
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Post by celo on Sept 13, 2017 16:25:16 GMT -5
I think the future trend is set. Since we bottomed out at 70 cents we have had 2 upward moves with a smaller downward move in-between. Unlike the last 2 years where downward moves were bigger than upward moves. Any positive news I believe will be the catalyst for future upward moves that will be greater than any associated downward pressure on the stock.
The large volume during the past upward movement means all shares are accounted for and if you want any you're gonna have to pay a pretty penny.
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Post by minnlearner on Sept 13, 2017 20:49:55 GMT -5
Celo, From your post to the Flying Spaghetti Monster's ear! (;  |
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Post by straightly on Sept 13, 2017 21:53:38 GMT -5
No. But I knew it was just me. Anyway, it was heartening to see how well we held up. |
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Post by peppy on Sept 14, 2017 15:30:01 GMT -5
MNKD real time volume today; 1,481,513 shares, plus 2 cents. www.nasdaq.com/symbol/mnkd/real-time
summary volume is, 2,552,357 shares. www.nasdaq.com/symbol/mnkd
The daily chart. I put exponential moving averages on the chart. the moving average lines are starting to line up. An inside day at 7 month highs at the top of this first wedge target. RSI still sitting high. Through here, price will be going to $3.30 next, with some stops along with way. That is my read. Tell me your reads.
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Post by kite on Sept 14, 2017 15:33:09 GMT -5
MNKD real time volume today; 1,481,513 shares, plus 2 cents. www.nasdaq.com/symbol/mnkd/real-time
summary volume is, 2,552,357 shares. www.nasdaq.com/symbol/mnkd
The daily chart. I put exponential moving averages on the chart. the moving average lines are starting to line up. An inside day at 7 month highs at the top of this first wedge target. RSI still sitting high. Through here, price will be going to $3.30 next, with some stops along with way. That is my read. Tell me your reads.
Thanks for your daily dose of chart reading Pep! I'm looking forward to another day |
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