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Post by seanismorris on Oct 6, 2017 16:34:03 GMT -5
There’s nothing wrong with consolidating at $5. MNKD sat at this level for quite a while before tanking (presplit).
I’d like to see $6 next week (who wouldn’t?) But scripts say consolation.
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Post by LosingMyBullishness on Oct 6, 2017 16:58:24 GMT -5
todays MNKD realtime volume, 24,250,054 shares. $5.03, plus 7 cents, plus 1.4%. www.nasdaq.com/symbol/mnkd/real-time Nasdaq summary volume, 36,059,800 shares.
I saw holdem upped the total shares issued, to @105,000,00.
Todays trade looks like agreements to buy and sell shares, distribution, accumulation. the shorts covered to 6.51 the push, and now distribution.
What do you think? I think loading is going on.
That the share price was fixed at 5 really smelled like an agreement between buyers (shorts) and sellers (MNKD, Deerfield). Would be business-wise to get to calmer waters and make some money (sellers) and reduce risk (buyers). And we little investors keep dreaming of an insane short squeeze. Still wonder why sellers got in at 6.5 and not at 10.5…
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Post by brotherm1 on Oct 6, 2017 17:16:36 GMT -5
I saw no evidnence of sellers just getting in at 6.5. Looked to me many were in and out throughout the course of the day and recent days. Short volume as a percentage of total volume was not unusual.
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Post by LosingMyBullishness on Oct 6, 2017 17:51:13 GMT -5
I saw no evidnence of sellers just getting in at 6.5. Looked to me many were in and out throughout the course of the day and recent days. Short volume as a percentage of total volume was not unusual. If that short volume was as high as reported/calculated in the nskedshort graph, that these guys were really naked. There were no shares available to be lend. The huge loan rate of 2xx% at IB is a good proof for that hypothesis.
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Post by patten1962 on Oct 6, 2017 20:42:14 GMT -5
Volume started out so strong then it just stopped trading (it felt like it did). And this was after some good news. Just thought it was strange!
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Post by letitride on Oct 6, 2017 20:54:20 GMT -5
Volume started out so strong then it just stopped trading (it felt like it did). And this was after some good news. Just thought it was strange! Nothing strange about closing green on the back of the past few days. I see Reg show list in the shorts future then boom to the moon!
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Post by morfu on Oct 6, 2017 20:56:14 GMT -5
I saw no evidnence of sellers just getting in at 6.5. Looked to me many were in and out throughout the course of the day and recent days. Short volume as a percentage of total volume was not unusual. If that short volume was as high as reported/calculated in the nskedshort graph, that these guys were really naked. There were no shares available to be lend. The huge loan rate of 2xx% at IB is a good proof for that hypothesis. Hmm I saw that.. what exactly do you mean with "were naked".. did they cover already? Or can we expect some more huge trades as they need to cover their positions within 3 days (probably with more naked shares)?
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Post by patten1962 on Oct 6, 2017 20:56:14 GMT -5
Volume started out so strong then it just stopped trading (it felt like it did). And this was after some good news. Just thought it was strange! Nothing strange about closing green on the back of the past few days. I see Reg show list in the shorts future then boom to the moon! I was totally greedy today. I fully admit this . I was hoping this would get over $7. My mind was clouded with greed. Now that the week ended, I am very happy with how mankind's sp finished Up!
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Post by shake34 on Oct 7, 2017 10:13:43 GMT -5
So Peppy, did $5 become a strong level of support?
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Post by peppy on Oct 7, 2017 10:32:10 GMT -5
So Peppy, did $5 become a strong level of support? I may need yours and everyone's help here. I would put it, price is sitting at resistance here. holding.
Weekly chart, look left, you can see the resistance here. Price is meeting the .382 of 11.20 and .67 here. the objective is top of the wedge. through the .618, should be test of top.
The weekly volume spike is crazy. 1 1/2 the shares outstanding. This is a reversal.
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Post by timri on Oct 7, 2017 10:47:50 GMT -5
This def wants to sit between 4.94ish and 5.25ish. If I remember correctly that’s where we sat for a while pre split. High .90 to 1.05. I have been saying all along that this will move once sales pick up. I think we are reaching a pivotal point with scripts. We aren’t going bankrupt. I hope they sell/sold those shares for an equity buy in. Interesting Peppy noted 21 million shares traded at 4.96 and how many shares does MNKD have available 20million. We shall see.
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Post by mytakeonit on Oct 7, 2017 14:55:39 GMT -5
I still don't know what peppy's talking about. I only know that we will be at 5.03 till Tuesday morning. lol
By the end of October, it will be very exciting by my estimations.
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Post by peppy on Oct 7, 2017 17:05:50 GMT -5
I still don't know what peppy's talking about. I only know that we will be at 5.03 till Tuesday morning. lol By the end of October, it will be very exciting by my estimations. mytakeonit, you tickle me, and I am easily egged on. A few times, you agreed with the 6 dollar target, and have further said 27 dollars. I think/thought I had better look at the 27 dollars you have called. you have been calling the whole enchilada. the 2.5 billion dollar valuation. You have been calling for it quickly. the call, is for the whole wedge since the 2015 ada top. The Najarians hopping on today. Mike on fast money on Wednesday?
3 more weeks of trade before this month closes, this is 5 days of trade.
ad nauseam; or seen another way.
www.screencast.com/t/Q8CeRZDM8
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Post by rombic33 on Oct 7, 2017 18:05:33 GMT -5
I did not see market closed on Columbus Day (bond market closed only)
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Post by mnholdem on Oct 7, 2017 18:06:10 GMT -5
I still don't know what peppy's talking about. I only know that we will be at 5.03 till Tuesday morning. lol By the end of October, it will be very exciting by my estimations. The markets don't close for Columbus Day, so how can you know this?
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