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Post by traderdennis on Jul 17, 2018 19:36:43 GMT -5
In my opinion which is not welcome here, I believe that the TA support will be about 15- 20% below the closing price of the previous day when they announce the next pipe financing. So if they announce tomorrow , that would put a floor of $1.30-1.37. The stock will continue to drift downward until the company finds a new source of financing. This is completely fair and well within the range seen from previous PIPEs. This is also why I wish they would just announce it already, this daily erosion of share price is just going to make the PIPE worse and worse. In my opinion, share trading volume since June 23 has not generated enough shares that retail has purchased to fund the pipe. I don't believe there will be one until there is another spike in volume. Look at trading prior to the April and October 2017 pipes, and you see the volume spike. volume has been very low over the last few weeks, adding pressure.
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Post by peppy on Jul 18, 2018 13:00:56 GMT -5
we never know. It could pop through. If it does, price needs volume. With two hours of trade left to go, the real time volume 626,306 shares.
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Post by buyitonsale on Jul 18, 2018 15:28:11 GMT -5
Who knows what's ahead for SP but I added some at the close.
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Post by peppy on Jul 18, 2018 15:34:01 GMT -5
MNKD Nasdaq real time volume, 957,871 shares. MNKD Nasdaq summary volume, 1,577,567 shares. MNKD $1.61 +0.03. +1.9% www.nasdaq.com/symbol/mnkd
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Post by peppy on Jul 19, 2018 10:34:57 GMT -5
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Post by kite on Jul 19, 2018 11:55:30 GMT -5
This sleeping giant needs to wake up. How about that be the name of the new volume thread. Sleeping Giant Hoping once it wakes up, it'll roll over and crush everyone else.
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Post by peppy on Jul 19, 2018 16:36:48 GMT -5
MNKD Nasdaq real time volume, 630,947 shares. MNKD Nasdaq summary volume, 1,013,767 shares. MNKD $1.59 -0.02. -1.24% www.nasdaq.com/symbol/mnkdOptions Expiry tomorrow.
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Post by traderdennis on Jul 19, 2018 17:32:13 GMT -5
MNKD Nasdaq real time volume, 630,947 shares. MNKD Nasdaq summary volume, 1,013,767 shares. MNKD $1.59 -0.02. -1.24% www.nasdaq.com/symbol/mnkdOptions Expiry tomorrow. 1.50 pin in play.
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Post by boca1girl on Jul 19, 2018 18:35:53 GMT -5
MNKD Nasdaq real time volume, 630,947 shares. MNKD Nasdaq summary volume, 1,013,767 shares. MNKD $1.59 -0.02. -1.24% www.nasdaq.com/symbol/mnkdOptions Expiry tomorrow. 1.50 pin in play. Ugh!
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Post by brotherm1 on Jul 19, 2018 20:02:52 GMT -5
Voodoo!
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Post by peppy on Jul 19, 2018 20:06:49 GMT -5
scripts tomorrow. let's see what is going on now.
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Post by peppy on Jul 20, 2018 9:21:57 GMT -5
MNKD Nasdaq real time volume, 630,947 shares. MNKD Nasdaq summary volume, 1,013,767 shares. MNKD $1.59 -0.02. -1.24% www.nasdaq.com/symbol/mnkdOptions Expiry tomorrow. 1.50 pin in play. I didn't (did NOT) look at the pin, I do not doubt it was $1.50. (A bit of a double double negative.) Price is not going there today, with out a big boom somewhere. I like it when traderdennis is wrong. (I am a terrible human being.)
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Post by traderdennis on Jul 20, 2018 11:48:46 GMT -5
I didn't (did NOT) look at the pin, I do not doubt it was $1.50. (A bit of a double double negative.) Price is not going there today, with out a big boom somewhere. I like it when traderdennis is wrong. (I am a terrible human being.) lol. I hope you are right. I have seen weirder action on option expiration.
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Post by peppy on Jul 20, 2018 11:49:19 GMT -5
MNKD real time volume at the half, 266,004 shares. MNKD $1.60 +0.01. +0.62% I can't help thinking the market doesn't know Afrezza will be the new standard of care. expiry and no volume.
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Post by peppy on Jul 20, 2018 15:29:38 GMT -5
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