|
Post by sportsrancho on Dec 19, 2017 18:42:29 GMT -5
Yesterdays real time volume, 3,479,010 $2.75 down .06 down 2.13% todays nasdaq real time volume, 2,251,509 $2.56 down .20 down 7.24% Peppy: What is the technical significance to be below all three moving averages? Where is support? Peppy knows a lot more about this than I do, but I’m seeing support at 190 at the 200 day moving average on the three month chart?
|
|
|
Post by boca1girl on Dec 19, 2017 18:52:34 GMT -5
Yuk. $1.90 is a ways down yet.
|
|
|
Post by awesomo on Dec 19, 2017 19:17:58 GMT -5
Unless you're trading in and out of this bad boy (which seems pretty lucrative at this point if your timing is good), try not to get too attached to the day to day action. Just ask, would you do anything different if the share price was at $4 right now? Would you sell? Probably not, so might as well just ride it out and let the management team dictate where we will be in a few months. Short term, the market is highly irrational, but long term it straightens itself out.
|
|
|
Post by peppy on Dec 20, 2017 9:44:34 GMT -5
547,719 shares real time in 10 mins. $2.35 down .20 minus 8% www.nasdaq.com/symbol/mnkd/real-timebrutal end of year selling. 1,022,204 shares in 40 mins. it looks to be a high volume morning. 1,390,041 at one hour of trade. $2.32. -.23 -8.98%
|
|
|
Post by n8 on Dec 21, 2017 9:24:11 GMT -5
So pep, whats the best guess on the $1.90 resistance? Will we drop below $2? I want to buy and not sure how the end of the year tax sell off will play out? Thanks
|
|
|
Post by peppy on Dec 21, 2017 9:27:43 GMT -5
So pep, whats the best guess on the $1.90 resistance? Will we drop below $2? I want to buy and not sure how the end of the year tax sell off will play out? Thanks my best guess, 2.25 should hold. below that 2.05. I am looking at a weekly.
|
|
|
Post by n8 on Dec 21, 2017 9:29:16 GMT -5
Thanks pep.
|
|
|
Post by bill on Dec 21, 2017 9:47:45 GMT -5
It's starting to feel like we've got Matt P and Hakam at the helm again. First MNKD authorizes those 140M new shares, but fail to follow up with anything positive. Then Mike C gives the shorts a green light by purchasing shares on the open market to let them know no big deal is near. Couple that with end of the year holidays to ensure that scripts won't bounce.
MNKD seems to have created the perfect storm for the shorts to drive the stock price down yet again. I wouldn't be surprised to find it retreats to under $1 again to ensure there's no way for MNKD to use those shares to raise operating cash, no less anything else useful. We've seen this happen to us time and again. You'd think the MNKD Board of Directors would have caught on by now.
I'm bullish in Afrezza and hopeful that the STAT study will help turn things around. But I'm willing to bet the shorts already know the results and the release schedule for the report. Therefore, they probably know they are not at risk in the short term. Very sad.
|
|
|
Post by agedhippie on Dec 21, 2017 9:55:09 GMT -5
Right now we are in a perfect storm. You have selling to realize loss, selling to realize profit (funds that did well want to book the cash for this year's performance stats), and the entropy you get when nothing is happening.
|
|
|
Post by celo on Dec 21, 2017 10:35:57 GMT -5
Look at that...it bounced off 2.2 like one of the rubber bouncy balls my 11 year old son has. I better shut up before it comes crashing down again. Maybe a CEO buying stock still is a vote of confidence. I thought it was?
|
|
|
Post by kite on Dec 21, 2017 10:39:07 GMT -5
I'm not worried.
Sounds like everyone here is!
|
|
|
Post by hellodolly on Dec 21, 2017 11:38:21 GMT -5
It's starting to feel like we've got Matt P and Hakam at the helm again. First MNKD authorizes those 140M new shares, but fail to follow up with anything positive. Then Mike C gives the shorts a green light by purchasing shares on the open market to let them know no big deal is near. Couple that with end of the year holidays to ensure that scripts won't bounce. MNKD seems to have created the perfect storm for the shorts to drive the stock price down yet again. I wouldn't be surprised to find it retreats to under $1 again to ensure there's no way for MNKD to use those shares to raise operating cash, no less anything else useful. We've seen this happen to us time and again. You'd think the MNKD Board of Directors would have caught on by now. I'm bullish in Afrezza and hopeful that the STAT study will help turn things around. But I'm willing to bet the shorts already know the results and the release schedule for the report. Therefore, they probably know they are not at risk in the short term. Very sad. I call BS on this. "... the shorts already know the results and the release schedule for the report. Therefore, they probably know they are not at risk in the short term. Very sad." Bill, you have a very imaginative way of stating that you are bullish on Afrezza.
MNKD created the perfect storm? Really? Not sure that Mike could have convinced anyone to ink any deals before the end of the year or that the STAT study could have been intentionally scheduled for completion, while at the same time Mike needed a vote on the authorization of new shares...is a mere confluence of coincidence or a coordinated effort by MNKD to create your perfect storm scenario in advance so shorts can bet without any risk? Matt an Hakan? LOL! Go away.
|
|
|
Post by babaoriley on Dec 21, 2017 11:53:38 GMT -5
Best stock ever!!
|
|
|
Post by timri on Dec 21, 2017 11:59:40 GMT -5
This is stock is a roller coaster ride of emotion that has lasted 5 years.
|
|
|
Post by gamblerjag on Dec 21, 2017 12:02:17 GMT -5
nope not worried at all. some people have unrealistic expectations like 700 scripts this week. or buyout by AMGN, etc. all the things that weren't happening from 2015 - early 2017 are happening now.. what's to be upset about. . because we went from 6.80 to 2.20. . people should realize that to get back to $5 -7 it will only take about 7- 10 good trading days (possibly 3-5) and that will probably be our new base. It took 2 1/2 months to go from 6.8 to 2.20...
|
|