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Post by joeypotsandpans on Sept 27, 2017 19:23:59 GMT -5
I show 5.56k calls for the 10/6 expiration opened today at the 2 strike....so big hedge? big bet? error on my screen? am I seeing things lol....for a fairly quiet day.. surely if it was not offset and part of the MM circle jerk because as those blank faces we all know and love have stated "there is no manipulation on this security"  please take quoted portion with a good amount of sarcasm. The wheels on the bus continue to go round and round, again ask yourself why didn't they exit the bus at .13/sh? Even at 0.13/sh there was a market cap of 10s of millions of dollars. Why would professional shorts leave that much on the table if they believed at the time it was going even lower (even to zero)? (That's like asking, why didn't every long sell at $10 a share back in 2014?) You can argue that they got it wrong and shorts SHOULD have covered then, but investors of all sorts (long and short) make mistakes in timing with hindsight. There is a huge difference from a risk/reward standpoint especially from what is perceived as the "smart money" of not covering at .13/sh with after almost a maximum gain to zero compared to not covering at $10/sh after a binary event with an unknown potential gain that doesn't necessarily have a limit per se. My point is it is pretty obvious that it couldn't be covered without avoiding a severe price imbalance, I am of the opinion that the short position is not made up of a bunch of individual "professional shorts" that would have surely gotten out close to zero from a much higher entry point. This short position is a different animal altogether especially willing to pay exorbitant interest to carry the position through to some unknown outcome. It would be interesting to forensically see what spider(s) the short $$$ web leads to through discovery at some point down the road ....oh no he didn't |
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Post by centralcoastinvestor on Sept 27, 2017 19:40:49 GMT -5
Even at 0.13/sh there was a market cap of 10s of millions of dollars. Why would professional shorts leave that much on the table if they believed at the time it was going even lower (even to zero)? (That's like asking, why didn't every long sell at $10 a share back in 2014?) You can argue that they got it wrong and shorts SHOULD have covered then, but investors of all sorts (long and short) make mistakes in timing with hindsight. There is a huge difference from a risk/reward standpoint especially from what is perceived as the "smart money" of not covering at .13/sh with after almost a maximum gain to zero compared to not covering at $10/sh after a binary event with an unknown potential gain that doesn't necessarily have a limit per se. My point is it is pretty obvious that it couldn't be covered without avoiding a severe price imbalance, I am of the opinion that the short position is not made up of a bunch of individual "professional shorts" that would have surely gotten out close to zero from a much higher entry point. This short position is a different animal altogether especially willing to pay exorbitant interest to carry the position through to some unknown outcome. It would be interesting to forensically see what spider(s) the short $$$ web leads to through discovery at some point down the road ....oh no he didn't Oh I would love to know who spun the short web too. Very much. I would have never anticipated how long the shorts were willing to beat down this poor stock. I've owned stock in this company for ten years. The short pressure on this company has been excruciatingly intense for the ten years I've owned it. Let's hope the shorts have finally underestimated the company and Afrezza and loses big. |
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Post by dreamboatcruise on Sept 27, 2017 19:47:13 GMT -5
Even at 0.13/sh there was a market cap of 10s of millions of dollars. Why would professional shorts leave that much on the table if they believed at the time it was going even lower (even to zero)? (That's like asking, why didn't every long sell at $10 a share back in 2014?) You can argue that they got it wrong and shorts SHOULD have covered then, but investors of all sorts (long and short) make mistakes in timing with hindsight. There is a huge difference from a risk/reward standpoint especially from what is perceived as the "smart money" of not covering at .13/sh with after almost a maximum gain to zero compared to not covering at $10/sh after a binary event with an unknown potential gain that doesn't necessarily have a limit per se. My point is it is pretty obvious that it couldn't be covered without avoiding a severe price imbalance, I am of the opinion that the short position is not made up of a bunch of individual "professional shorts" that would have surely gotten out close to zero from a much higher entry point. This short position is a different animal altogether especially willing to pay exorbitant interest to carry the position through to some unknown outcome. It would be interesting to forensically see what spider(s) the short $$$ web leads to through discovery at some point down the road ....oh no he didn't I would suspect if a short started at $10, they would have likely either closed out their bet after winning big or would have put more money into it. If you made your average size short trade at $10 and it gets to $0.13 (pre split equiv) it probably is no longer a large enough bet to bother with your time tracking it... unless you think it's going to zero and put more into the trade... then you can make as much having it go from $0.13 to zero as from $13 to zero... purely dependent on how much is at stake. So what's your guess if this isn't individual professional shorts... Novo, Lily and Sanofi? On no you didn't... or did you? |
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Post by peppy on Sept 28, 2017 10:24:57 GMT -5
an 11 cent triangle has set up over the last two days, on the break and hold of $1.88, $1.99 targets. it is a low volume day for MNKD so far. 463,384 shares with volume just now coming in. www.nasdaq.com/symbol/mnkd/real-time |
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Post by joeypotsandpans on Sept 28, 2017 12:03:27 GMT -5
an 11 cent triangle has set up over the last two days, on the break and hold of $1.88, $1.99 targets. it is a low volume day for MNKD so far. 463,384 shares with volume just now coming in. www.nasdaq.com/symbol/mnkd/real-timeLots of geometry going on, triangles, boxes...this is partly in response to DBC's response to a previous post of mine but putting it here since we're talking about this support area, so what's in the box? MM = Market Maker, those that make markets, what's in the box? www.youtube.com/watch?v=VEYh7eNtVro focus on the stops strategy, the area we have been trading the last few days is directly correlated to the 5/10 high that was @1.88 that day had on HUGE volume, what they know is that a lot of stops are probably sitting in this range or slightly below. Baba referred recently to the blow out day before the ADCOM, (I vividly remember getting a ton of phone calls from panicked fellow longs that day) those that had stops were blown out of the stock and shares went into the hands that wanted to accumulate prior to the risk event. That's why that large call trade at the 2 strike with a little over a week to go was very eye opening yesterday and it was new open interest as shown today. DBC, I was not alluding to traders playing the volatility, the MM are also trading desks for the houses that the hedge funds go through. By their very nature MM are absolutely not investors rather there to maintain/make markets in the particular securities/bonds/currencies/commodities that they make markets in. They have to lay off risk just like anyone else. I highly doubt those calls were sold naked for a few pennies, they were most likely bought for other reasons. That was what I was alluding to |
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Post by peppy on Sept 28, 2017 12:54:55 GMT -5
volume picking up, the thought run through, it has until the end of day. www.nasdaq.com/symbol/mnkd/real-time
The way volume just hit, $2.25 eod?
added, there we blow, price needs to hold above $2.10
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Post by joeypotsandpans on Sept 28, 2017 13:00:14 GMT -5
an 11 cent triangle has set up over the last two days, on the break and hold of $1.88, $1.99 targets. it is a low volume day for MNKD so far. 463,384 shares with volume just now coming in. www.nasdaq.com/symbol/mnkd/real-timeLots of geometry going on, triangles, boxes...this is partly in response to DBC's response to a previous post of mine but putting it here since we're talking about this support area, so what's in the box? MM = Market Maker, those that make markets, what's in the box? www.youtube.com/watch?v=VEYh7eNtVro focus on the stops strategy, the area we have been trading the last few days is directly correlated to the 5/10 high that was @1.88 that day had on HUGE volume, what they know is that a lot of stops are probably sitting in this range or slightly below. Baba referred recently to the blow out day before the ADCOM, (I vividly remember getting a ton of phone calls from panicked fellow longs that day) those that had stops were blown out of the stock and shares went into the hands that wanted to accumulate prior to the risk event. That's why that large call trade at the 2 strike with a little over a week to go was very eye opening yesterday and it was new open interest as shown today. DBC, I was not alluding to traders playing the volatility, the MM are also trading desks for the houses that the hedge funds go through. By their very nature MM are absolutely not investors rather there to maintain/make markets in the particular securities/bonds/currencies/commodities that they make markets in. They have to lay off risk just like anyone else. I highly doubt those calls were sold naked for a few pennies, they were most likely bought for other reasons. That was what I was alluding to guess we're finding out what was in the box |
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Post by peppy on Sept 28, 2017 13:01:54 GMT -5
Lots of geometry going on, triangles, boxes...this is partly in response to DBC's response to a previous post of mine but putting it here since we're talking about this support area, so what's in the box? MM = Market Maker, those that make markets, what's in the box? www.youtube.com/watch?v=VEYh7eNtVro focus on the stops strategy, the area we have been trading the last few days is directly correlated to the 5/10 high that was @1.88 that day had on HUGE volume, what they know is that a lot of stops are probably sitting in this range or slightly below. Baba referred recently to the blow out day before the ADCOM, (I vividly remember getting a ton of phone calls from panicked fellow longs that day) those that had stops were blown out of the stock and shares went into the hands that wanted to accumulate prior to the risk event. That's why that large call trade at the 2 strike with a little over a week to go was very eye opening yesterday and it was new open interest as shown today. DBC, I was not alluding to traders playing the volatility, the MM are also trading desks for the houses that the hedge funds go through. By their very nature MM are absolutely not investors rather there to maintain/make markets in the particular securities/bonds/currencies/commodities that they make markets in. They have to lay off risk just like anyone else. I highly doubt those calls were sold naked for a few pennies, they were most likely bought for other reasons. That was what I was alluding to guess we're finding out what was in the box The top is going to come off |
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Post by peppy on Sept 28, 2017 13:04:03 GMT -5
I have some kind of resistance line here on my chart, through here, oh, the downtrend line from the tops, through here, boom
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Post by sportsrancho on Sept 28, 2017 13:04:03 GMT -5
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Post by wgreystone on Sept 28, 2017 13:05:09 GMT -5
Why the jump? FDA news leaked?
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Post by peppy on Sept 28, 2017 13:06:48 GMT -5
Why the jump? FDA news leaked? $2.29 takes out last months high. that would make two green months in a row.
plenty of time for it to rev up again. volume.
added: looking at targets, using the monthly, through last months high, of $2.29, $2.75 targets off the monthly chart.
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Post by mnkdfann on Sept 28, 2017 13:07:02 GMT -5
LOL. I was literally about to buy some shares a few seconds before the quick jump! Just missed it.
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Post by joeypotsandpans on Sept 28, 2017 13:08:12 GMT -5
guess we're finding out what was in the box The top is going to come off That you tube he did talking about MM accumulation vs. the 95% of traders that follow the charts is a beautiful piece. Call contracts are being bought today with two fists, 2k NOV 17 contracts and many others along the calendar are going with strikes all the way up the ladder including the Jan '19 leaps |
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Post by kbrion77 on Sept 28, 2017 14:44:11 GMT -5
Textbook speculation trading happening. If there is news I would prefer it in the morning to catch folks off guard.
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please take quoted portion with a good amount of sarcasm. The wheels on the bus continue to go round and round, again ask yourself why didn't they exit the bus at .13/sh?
