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Post by promann on Nov 8, 2017 8:51:03 GMT -5
10 mil of sold shares? Or manipulated? Or bought? combination of all above LOL |
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Post by kite on Nov 8, 2017 9:54:34 GMT -5
I have an itch to buy
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Post by peppy on Nov 8, 2017 9:55:32 GMT -5
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Post by pantaloons on Nov 8, 2017 10:32:02 GMT -5
What's the technical analysis picture looking like?
Recent low was at $2.78 - hopefully that holds. The only foreseeable news that could impact price is script numbers, which are projected to be positive.
CC was likely less positive than anticipated but probably could have been worse.
I'm interested in hearing your thoughts on near-term price action.
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Post by centralcoastinvestor on Nov 8, 2017 10:36:53 GMT -5
In my opinion, the volume is relatively low at 2,000,000 one hour in. I was wondering if we would see really big volume this morning due to the doubling of shares slated for next week. This isn't a massive sell off but mostly shorts selling today (big surprise). I sure wish they would go away. But then I have been wishing that for years.  |
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Post by peppy on Nov 8, 2017 11:49:08 GMT -5
THE GAP IS 3.00 TO 3.25.
let's see if buyers come in and close the gap. That would be nice.
2,640,546 real time shares traded in 2 hours and 15 mins of trade.
$2.95 minus .30 minus 9.23%
1,751,929 at one hour. 2,276,729 at 1 1/2 hours.
added: oh haha, the stops are above the gap. being hit.
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Post by joeypotsandpans on Nov 8, 2017 13:27:19 GMT -5
In my opinion, the volume is relatively low at 2,000,000 one hour in. I was wondering if we would see really big volume this morning due to the doubling of shares slated for next week. This isn't a massive sell off but mostly shorts selling today (big surprise). I sure wish they would go away. But then I have been wishing that for years. Embrace the short position CCI for if it weren't for that position I do believe the direct offering would not have been achieved at the level it was  On another note, notice the MACD on the daily chart battling the zero line while at the same time the s/p continues to negotiate the 50d (green line right at the $3.10 area). The OBV is still at high levels and the daily volume has contracted. With the equity still on the hard to borrow lists, any demand (construed positive news) will overcome available supply and we will back in an upward projection, conversely any legitimate negative event will alleviate the supply/demand imbalance and will legitimately cause a downturn in price. I use the term legitimate because shares being sold that are not being liquidated by long holdings obviously continue to be on "borrowed" time....their hour glass is the non-growth script thesis relative to the company's balance sheet, etc. If the CC had legitimately caused concerns regarding that specific thesis, then we would have seen a much more legitimate collapse in s/p amidst much heavier volume.  |
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Post by alethea on Nov 8, 2017 14:03:06 GMT -5
The volume has almost completely dried up. Here are some 1 minute volumes within the last hour: 500, 480, 175, 500, 95, 2, 600, 45, 410, 14, 9, 100, 50, 573, 100, 175, 9, 983, and 100.
Nobody is selling. Today's move is just another manufactured, manipulated, crooked, dishonest and illegal sleight of hand by a bunch of Wall Street crooks.
Look above again. Minutes with volumes of 2, 45, 14, 9, 50, etc. True retail volume is WAY less than a half-million shares per day.
They may run the PPS right back up the flagpole and they will certainly yank it down hard again, many more times. But it's all smoke and mirrors.
IF Afrezza can be sold with any significant increase in volume over the coming weeks, well then the PPS will be going up.
Don't forget Deerfield can buy 4 million more shares at a minimum of $3.25. Sadly they be also be making money by playing both ends against the middle. ie. shorting their recently acquired shares and the shares they stand to yet to acquire (the forthcoming 4 million).
If I recall Deerfield has until the middle of January to purchase the next 4 million shares. Perhaps the Dark Forces will keep the PPS down until then. What the hell do I know? But if they want those shares (and I think they do), then will it make sense to keep the price below $3.25 much beyond January 15?
Remember the three day volume weighted average purchase provision. Deerfield sure ain't gonna wanna pay more than 3.25 per shares when they don't have to. Maybe the PPS will languish around and under 3.25 for a couple of months while Deerfield continues to further asses the potential of Afrezza. .
I don't know but it sure seems quite possible.
I'm holding on. I'm with Nate and Michael K.
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Post by peppy on Nov 8, 2017 17:31:58 GMT -5
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Post by dreamboatcruise on Nov 8, 2017 19:25:08 GMT -5
The volume has almost completely dried up. Here are some 1 minute volumes within the last hour: 500, 480, 175, 500, 95, 2, 600, 45, 410, 14, 9, 100, 50, 573, 100, 175, 9, 983, and 100. Nobody is selling. Today's move is just another manufactured, manipulated, crooked, dishonest and illegal sleight of hand by a bunch of Wall Street crooks. Look above again. Minutes with volumes of 2, 45, 14, 9, 50, etc. True retail volume is WAY less than a half-million shares per day. They may run the PPS right back up the flagpole and they will certainly yank it down hard again, many more times. But it's all smoke and mirrors. IF Afrezza can be sold with any significant increase in volume over the coming weeks, well then the PPS will be going up. Don't forget Deerfield can buy 4 million more shares at a minimum of $3.25. Sadly they be also be making money by playing both ends against the middle. ie. shorting their recently acquired shares and the shares they stand to yet to acquire (the forthcoming 4 million). If I recall Deerfield has until the middle of January to purchase the next 4 million shares. Perhaps the Dark Forces will keep the PPS down until then. What the hell do I know? But if they want those shares (and I think they do), then will it make sense to keep the price below $3.25 much beyond January 15? Remember the three day volume weighted average purchase provision. Deerfield sure ain't gonna wanna pay more than 3.25 per shares when they don't have to. Maybe the PPS will languish around and under 3.25 for a couple of months while Deerfield continues to further asses the potential of Afrezza. . I don't know but it sure seems quite possible. I'm holding on. I'm with Nate and Michael K. If they have the ability to "keep the price below $3.25" and wanted to buy and hold shares there would be no need to use the conversion agreement and nothing special about January 15. If we're below $3.25 they could take the money back from MNKD and call their broker and get a better deal... and would be dumb not to. Of course they likely wouldn't be looking to hold and thus want a period of sharply rising price over a few days so they can agree to convert, short and lock in the discount they get from averaging... wouldn't really matter whether that is at $3.25 or much higher, simply how much it moves over the averaging period. Right with you hoping for a sharp rise in script count in the next few weeks... of course that's something it seems we've been hoping for what seems like ever. Personally I think it a "dark cloud" rather than a "dark forces" that sent the stock down today. If you read my other posts today I think you can surmise what I think that dark cloud is. |
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Post by celo on Nov 8, 2017 19:33:01 GMT -5
We have had 2 descending triangles. One big one starting at share price of roughly 7 and then a second recently with a peak share price of roughly 4. Both did what they were supposed to and fell through the descending triangle to about 2.80. I hope the 2.8 level is not the beginning of another descending triangle with a bottom of 2.8. If it falls through that level we will probably go back to 1ish level. If we see some rapid increase in sales as Mike has estimated will occur for the last 8 weeks of the quarter than we can possibly buck the trend. They were preempting getting to the sales level needed with the amount of Afrezza that has been shipped, but thats unfortunately not sold.
Maybe a double bottom with good script levels on friday...maybe
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Post by kite on Nov 9, 2017 10:47:37 GMT -5
Is something brewing today in the pps?
Where are you Peppy??
Maybe the commercials are starting to reach the masses.
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Post by cjm18 on Nov 9, 2017 10:52:52 GMT -5
Is something brewing today in the pps? Where are you Peppy?? Maybe the commercials are starting to reach the masses. Maybe commercials are bringing in new investors too. 😁 |
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Post by peppy on Nov 9, 2017 11:01:35 GMT -5
I am watching. we know the Deerfield price is/was $3.25.
1 million shares at 1 hour and 25 mins of trade. yesterdays gap closed.
hold of the gap close, yesterdays highs, then prior daily highs would target in succession.
up to like $3.48.
past that, would be attention grabbing.
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Post by joeypotsandpans on Nov 9, 2017 12:40:03 GMT -5
I am watching. we know the Deerfield price is/was $3.25. 1 million shares at 1 hour and 25 mins of trade. yesterdays gap closed. hold of the gap close, yesterdays highs, then prior daily highs would target in succession. up to like $3.48. past that, would be attention grabbing.  |
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On another note, notice the MACD on the daily chart battling the zero line while at the same time the s/p continues to negotiate the 50d (green line right at the $3.10 area). The OBV is still at high levels and the daily volume has contracted. With the equity still on the hard to borrow lists, any demand (construed positive news) will overcome available supply and we will back in an upward projection, conversely any legitimate negative event will alleviate the supply/demand imbalance and will legitimately cause a downturn in price. I use the term legitimate because shares being sold that are not being liquidated by long holdings obviously continue to be on "borrowed" time....their hour glass is the non-growth script thesis relative to the company's balance sheet, etc. If the CC had legitimately caused concerns regarding that specific thesis, then we would have seen a much more legitimate collapse in s/p amidst much heavier volume. 
