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Post by sportsrancho on Jan 2, 2018 14:45:33 GMT -5
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Post by peppy on Jan 2, 2018 14:49:34 GMT -5
what is really interesting about MNKD/AFREZZA is everyone and their brother can see this stuff works great. All they have to do is look at a continuing glucose monitor. All we need is insurance. Joey now has a prescription and is coverage by insurance, things have changed. Smoke and mirrors insurance. Afrezza works great. "Afrezza insulin human,keeps your blood glucose from going high in the first place." Deerfield can see the stuff works great.
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Post by wgreystone on Jan 2, 2018 15:11:24 GMT -5
Here we go again with H.C. Wainwright? Are we going to see the same deal happen again? WASH, RINSE AND REPEAT?
MannKind (NASDAQ:MNKD): H.C. Wainwright Reconfirms Buy Rating Today, Has a Target of $7.0/Share MannKind (NASDAQ:MNKD) Rating Reaffirmed
They currently have a $7.0 PT on MannKind (NASDAQ:MNKD). The target price by H.C. Wainwright would suggest a potential upside of 200.43 % from the company’s previous close. This has been revealed to investors in a research note on Tuesday morning.
bzweekly.com/mannkind-nasdaqmnkd-h-c-wainwright-reconfirms-buy-rating-today-has-a-target-of-7-0-share/
I hope its not a phony deal or repeat of last October. I'd take another round of smoke and mirrors if they can pull it off. I've got some options expiring this month, and worthless unless we get a bounce. I'm not overly hopeful they can pull it off a second time. If only I'd been a bit more suspect of the last smoke screen and sold my Jan 2018 calls. Everyone knows me, however... always being too optimistic Now you can buy MNKD at a price lower than your option strike price.
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Post by victoria on Jan 2, 2018 15:30:32 GMT -5
Hi Dreamboat I think they are technically 'in the money' because the price is over $1 which is still the strike price (thats how I understand 'in the money' as a term, anyhow but what do I know other than how to lose money fast see www.investopedia.com/terms/i/inthemoney.asp). The problem is I have option lots which are 1/5th of their original size. Hence the options have a positive value as of now for each lot, ie they are worth something but only a fraction of what they would be if these were full-sized lots with a 1$ strike, and hence much less than I actually paid. My usual experience with options is to lose the lot so closing with something is a success
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Post by seanismorris on Jan 2, 2018 15:40:32 GMT -5
I think the pop is mostly people getting back in after getting out for tax purposes. That said, I expect good things from scrips in January & February.
I think we’ll see $5+ in the next 2 months, so expect the buying to continue.
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Post by peppy on Jan 2, 2018 16:24:31 GMT -5
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Post by celo on Jan 2, 2018 16:51:08 GMT -5
Interesting how the stock was very actively being bought and sold up to 2 PM EST. Then stopped.
Right now, the stock has double topped at 2.75. Hopefully, tomorrow, with a nice push it can break out and settle back between 3 and 3.25.
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Post by dreamboatcruise on Jan 2, 2018 17:04:36 GMT -5
Hi Dreamboat I think they are technically 'in the money' because the price is over $1 which is still the strike price (thats how I understand 'in the money' as a term, anyhow but what do I know other than how to lose money fast see www.investopedia.com/terms/i/inthemoney.asp). The problem is I have option lots which are 1/5th of their original size. Hence the options have a positive value as of now for each lot, ie they are worth something but only a fraction of what they would be if these were full-sized lots with a 1$ strike, and hence much less than I actually paid. My usual experience with options is to lose the lot so closing with something is a success Perhaps different brokerages list these non-standard options in different ways. My broker did not adjust the strike being shown, so mine are exerciseable at 5x the strike shown when I list my options.
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Post by LosingMyBullishness on Jan 2, 2018 17:43:36 GMT -5
Hi Dreamboat I think they are technically 'in the money' because the price is over $1 which is still the strike price (thats how I understand 'in the money' as a term, anyhow but what do I know other than how to lose money fast see www.investopedia.com/terms/i/inthemoney.asp). The problem is I have option lots which are 1/5th of their original size. Hence the options have a positive value as of now for each lot, ie they are worth something but only a fraction of what they would be if these were full-sized lots with a 1$ strike, and hence much less than I actually paid. My usual experience with options is to lose the lot so closing with something is a success Hi Victoria, I kind of remember that you exchanged shares with options some time ago because you believed in a binary event. Sorry to hear that your options lost most of their value. So did mine. I did not sell them at 6.x because I believed in a reason for the near short squeeze Sold most of my 2$ calls of 0.17 for a tiny fraction of what they were worth during the run up. Options are horrible beasts. Shares you can buy again after you sold them but options and their leverage can be unique (as were 0.0x for the $2 Jan calls) and therefore tricky to sell in time.
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Post by sportsrancho on Jan 2, 2018 18:32:03 GMT -5
Here we go again with H.C. Wainwright? Are we going to see the same deal happen again? WASH, RINSE AND REPEAT?
MannKind (NASDAQ:MNKD): H.C. Wainwright Reconfirms Buy Rating Today, Has a Target of $7.0/Share MannKind (NASDAQ:MNKD) Rating Reaffirmed
They currently have a $7.0 PT on MannKind (NASDAQ:MNKD). The target price by H.C. Wainwright would suggest a potential upside of 200.43 % from the company’s previous close. This has been revealed to investors in a research note on Tuesday morning.
bzweekly.com/mannkind-nasdaqmnkd-h-c-wainwright-reconfirms-buy-rating-today-has-a-target-of-7-0-share/
I hope its not a phony deal or repeat of last October. www.streetinsider.com/dr/news.php?id=13369256&gfv=1Kc, how long did it take us to climb to seven after this other article? Never mind looks to be about seven or eight days.
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Post by victoria on Jan 2, 2018 18:35:30 GMT -5
Thanks LosingMyBullishness. Pretty much wiped out now unless price rises significantly by Jan. Will have to just re-build position: Im confident in this company's ultimate value, increasingly so based on the script and sales $ growth pattern, but timing is such a high risk exercise, and its looking like Jan was a bit to soon to hope for, despite having entered the position early. Ive held the Jan 18 calls from quite early on, so its disappointing such a long held LEAP didn't deliver (unless something happens in the next 2 weeks...)
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Post by sportsrancho on Jan 2, 2018 18:46:09 GMT -5
All this fiasco with our 2018 leaps would’ve never happened if we hadn’t had the reverse split. First time I’ve ever been options when that happened..
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Post by bioexec25 on Jan 2, 2018 18:49:12 GMT -5
All this fiasco with our 2018 leaps would’ve never happened if we hadn’t had the reverse split. First time I’ve ever been options when that happened.. The gift that keeps on giving. Collateral damage or something more nefarious.
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Post by boca1girl on Jan 2, 2018 19:24:15 GMT -5
All this fiasco with our 2018 leaps would’ve never happened if we hadn’t had the reverse split. First time I’ve ever been options when that happened.. All my 2017 leaps with 3, 5, & 7 strikes went to $0 and that was long before the reverse split. (The “reverse split” wasn’t the reason for your option loss, the stock price falling through the floor was.) I bought those in 2015/2016 as the stock was dropping after FDA approval. What I’ve learned is buy the most time you can and only buy options as the stock is in an uptrend. You can always wait out a stock price decline but options go stale very quickly. Buying calls out of the money when a stock is falling is very risky in my book.
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Post by sportsrancho on Jan 2, 2018 19:39:04 GMT -5
All this fiasco with our 2018 leaps would’ve never happened if we hadn’t had the reverse split. First time I’ve ever been options when that happened.. All my 2017 leaps with 3, 5, & 7 strikes went to $0 and that was long before the reverse split. (The “reverse split” wasn’t the reason for your option loss, the stock price falling through the floor was.) I bought those in 2015/2016 as the stock was dropping after FDA approval. What I’ve learned is buy the most time you can and only buy options as the stock is in an uptrend. You can always wait out a stock price decline but options go stale very quickly. Buying calls out of the money when a stock is falling is very risky in my book. Right, you had options long before I did. I just had shares then. I know, it was my own fault, I should’ve sold them when I knew we were going to split. Before the stock lost half its value.
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