|
Post by joeypotsandpans on Aug 19, 2019 16:17:43 GMT -5
This is not the thread to argue this and I’m mot going to. Suffice it for me to say about 50% of this stock’s shareholders are retail and they get their info from somewhere. We’ll just have to agree to disagree. They read this board and get their info from Peppy
|
|
|
Post by joeypotsandpans on Aug 15, 2019 13:03:52 GMT -5
An excellent read for you and others that are not already familiar with how this works, if you didn't know any better you would think they were specifically writing about this breakthrough technology biotech company and the cast of characters here, SA, and MNKD Stocktwits etc. I bet if you asked 20 folks familiar with this they would put the same names for the roles that the article refers to when talking about certain bloggers etc. the daily walk down is what you're witnessing today nothing to do with the rest of the market...if you haven't noticed this equity has it's own daily methodology, keep your eye on the prize smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/Looks like the hundredth-of-a-cent bid/ask pitch-and-catch going on too. This has been textbook from the beginning....there is no reason to engage with those looking to argue/antagonize you. You'll notice I don't respond to certain individual posters or if I do it is for the benefit of others to see how ridiculous something is, like the HFM situation. I couldn't even begin to respond to Matt's response on my post about the negative interest rates in Denmark and property values etc. That has been the core of my business and career for over 30 yrs. and it would have most likely escalated into it's own off topic thread. Sometimes it's best to not even respond.
|
|
|
Post by joeypotsandpans on Aug 15, 2019 12:19:03 GMT -5
Is it just me, or is MNKD trading at triple normal volume? It had a bit of a sell-off with volume on the opening; trading down to $1.02; maybe just a late reaction to the overall market sell-off yesterday; stabilized and looks more as usual now. An excellent read for you and others that are not already familiar with how this works, if you didn't know any better you would think they were specifically writing about this breakthrough technology biotech company and the cast of characters here, SA, and MNKD Stocktwits etc. I bet if you asked 20 folks familiar with this they would put the same names for the roles that the article refers to when talking about certain bloggers etc. the daily walk down is what you're witnessing today nothing to do with the rest of the market...if you haven't noticed this equity has it's own daily methodology, keep your eye on the prize smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/
|
|
|
Post by joeypotsandpans on Aug 14, 2019 14:17:21 GMT -5
Nate's "take on it", I would say he votes with the current regime intact, buy under $10, strong buy under $5, and a pounding the table screaming buy under $2 In "other words", Nate can't see us "heading for the rocks"....I like Nate's resume a bit better, CLGN, AAPL, etc.
|
|
|
Post by joeypotsandpans on Aug 14, 2019 12:31:55 GMT -5
The momentum indicators put the price behavior in the right context so to speak, thus the terms fake out break out and capitulation low...more for longer term perspectives, not so much day trading although it will help in deciding which trading bias one should look at going forward IMO. This was amusing to me today, a very respected and successful money manager I'm friends with sent me an email about how the mortgage rates in Denmark are actually negative, he compared it in a sense to the tulip bulb era...he is a huge gold bug and has been long KL since it was in single digits and has had all his accounts in it as well. So I said you mean I could take a mortgage out in Denmark (theoretically if you were a citizen) get paid interest AND rent the property out for income? Why would one invest in a yellow metal as opposed to purchasing the asset that is returning both interest and income? Waiting on the answer lol? Very strange times we're living in currently...including the best available insulin being kept in the corner by the bullies (insurance & gov't regulators)
|
|
|
Post by joeypotsandpans on Aug 14, 2019 12:15:01 GMT -5
One of the most telegraphed rollovers I've seen (ala divergence below), as previously posted I expect the opposite with MNKD IMO For us novices at TA, what is the plot at the bottom of your screen? Relative Strength (RSI), the idea is that as we minimally made and retested the highs it was on weaker and weaker strength...conversely as the s/p of MNKD continues to "languish" at these price levels it continues on weaker and weaker selloffs, thus the opposite with the rising lows as seen below: Hope that helps, pictures are worth a thousand words......different sense of divergence but you get the "picture"
|
|
|
Post by joeypotsandpans on Aug 14, 2019 11:44:51 GMT -5
The stock market is down, $SPX -2.13% -62 points, $Nasdaq - 2.39% -191 points. MNKD Nasdaq real time volume at 2 hours and 10 mins of trade 560,258 shares. www.nasdaq.com/symbol/mnkd/real-timeThose low ball bids, not today. However the stock market is headed lower, I am not talking just today.One of the most telegraphed rollovers I've seen (ala divergence below), as previously posted I expect the opposite with MNKD IMO
|
|
|
Post by joeypotsandpans on Aug 14, 2019 10:03:49 GMT -5
Peppy, have you seen the movie/documentary Maiden? My wife and I saw it last weekend. Can not wait for a similar movie about Afrezza/Mnkd i.e. feel good! If you have not seen it, I would be surprised if you would not like it, based off of Nasty Woman tag. Let me know. P.S. I hope we do not have to wait 30 years for the Afrezza/Mnkd story to hit the movie theaters.It will be the MNKD version of the 3 Musketeers (I'm being respectful here as I substituted Musketeers in place of a more comedic preference)... the cast: The writer, the bus driver, and the hair loss businessman/attorney. Can you envision someone other than MC having discussion with Martine or future partners/JV's? Or, Bill telling Dr. Kendall there's a better way, or understanding how the formulary structure works, etc. Pardon the following cliche but so appropriate here, you can't make this chit up lol....If I thought there was even the slightest chance of this HFM having any credibility I would exit my position in a heartbeat...and for those that have the wishful thinking that it could happen I have another very appropriate cliche, be careful what you wish for
|
|
|
Post by joeypotsandpans on Aug 12, 2019 20:45:57 GMT -5
Not sure what you're talking about...are you sure you have the right person? Please double check and confirm with something because as far as I can recall I never did any options on UTHR so pretty sure you have me mixed up with someone else, but my AUG 28 185 PUTS on the SPY's have worked out very well and I took those proceeds and bought the 10K shares pre quarterly call @ 1.14 so yes a bit early but liked what I saw in earnings announcement so was optimistic about the upcoming call .....If you look back in this thread you will see that when I put up the contrasting charts of the divergences in RSI between the SPY topping and weakening strength with the new highs and conversely MNKD with the rising lows in the RSI (I believe you called it a bear flag if I'm not mistaken) that was close to the recent top in the SPY, I've had PUTS and have traded in and out of them during this "correction" and will continue to do so for the next couple of weeks at least. GL to you sir How quickly we forget: Essentially you purchased 20K shares @ 1.71 and your theisis was the UTHR put a floor in MNKD. So again how did that trade go? mnkd.proboards.com/thread/10448/uthr-putSep 7, 2018 at 12:44pm liane, otherottawaguy, and 13 more like this ReplyQuote like Post Options Post by joeypotsandpans on Sep 7, 2018 at 12:44pm Remember the term "the Bernanke Put" well that was to put a floor on the market and give investors the confidence to re-enter the markets and clearly gave a buy signal to the fund managers etc. The UTHR Put as I will refer to it is essentially the same idea regarding the buy side of this equity. IMO a "floor" has been established and solidified with Tuesday's announcement regarding the cash injection and potential cash inflows from the remaining milestones and royalties. Although I already have a fairly large core position, I purchased 20K (with trading partner so really 10K each) trading shares this morning at 1.71 which will be used to buy on any dips. I believe with the UTHR announcement that any dips will now be bought and the existing short shares will compete with new buyers looking to establish long positions. IMO this should be a buy the dip and sell the rip equity for a buy side bias going forward for trading shares only. If you are not trading any shares and have a core long position then you know what the longer term positives are for the company at this point. One caveat to the UTHR situation is that I believe there is the potential for LQDA to add a possible objection into the FTC mix, after all they are left standing alone at the alter now with what looks to be an inferior product, at worst I would expect that UTHR might have to divest some of their stranglehold on the PAH market if it is deemed there is an anti-trust issue. I am expecting/suspect that FUD to come into play while the 30 day period is in effect. In the end however, UTHR married with the right partner and it should be a win-win for both parties going forward. Could it have been a better deal had the company been in a different position, absolutely, but the more important aspect is the overwhelming vote of confidence UTHR displayed in Technosphere with the additional research request. Enjoy your weekends Read more: mnkd.proboards.com/thread/10448/uthr-put?page=3#ixzz5wQkLRw63Ahh, your original question/comment made it look like you were asking about UTHR PUTS which really threw me as I have never purchased/traded options on UTHR...you were referring to the trading block of MNKD shares that I mentioned after the UTHR announcement which worked out very well for my partner and myself for a few trades as it did in fact act as a trading floor from 9/18 up to the Dec. announcement of raising funds in the midst of the market volatility. If it helps you, I have had a core position that I don't touch, I also had several hundred options that I did extremely well on in Oct. of '17, you should pull up and review my posts from July or so into that $7 run up. I currently have 30K shares for trading, 20K at 1.18 and 10K at 1.14, these are outside my core long term holding. The 10K are for short term trading, the 20K I am holding for a bit longer, and my core is "locked up". I'm pretty transparent, which is a more than I can say for a select few of the "commentators" on here
|
|
|
Post by joeypotsandpans on Aug 12, 2019 12:18:40 GMT -5
yes volume is confirmation, bid/ask is walking it up in orderly fashion Would you say this is an INVERTED HEAD & SHOULDERS? Not confirmed yet but that is what Pep was referring to with the $1.17 take out
|
|
|
Post by joeypotsandpans on Aug 12, 2019 12:16:54 GMT -5
The longer the basing pattern the bigger the move...this will slice right through those numbers when they take the restraints off. Keep in mind, the competition could not allow this equity to make headlines in any significant positive fashion, if this blew up on the financial news networks then that would mean more national attention than any ads could buy....think of the attention Beyond Meats got as it was ripping higher and the short positions were getting strangled, before you went to the counter and they listed the "impossible burger" you might ask what it was, now many more people know exactly what that is....we were on verge of it two October's ago when we ripped to 7, it was imperative (for the competition) to halt it in it's footsteps...if I remember even Pete Najarian made a slight mention of options action. A true rise in sp will also be the street's validation/attraction to the company, momentum will beget momentum but this time looking back a $1/sh will be laughable. When that happens is when you will really start to see BO/partner offers/rumors, upgrades, etc. As I have recently texted to some good friends when I picked up my last lot of 10K shares before the conference call, I am either insane, a genius, or an insane genius (I'm sure Nate has been labeled similar lol). How did those $2 UTHR put shares do? Down close to 40%? Not sure what you're talking about...are you sure you have the right person? Please double check and confirm with something because as far as I can recall I never did any options on UTHR so pretty sure you have me mixed up with someone else, but my AUG 28 185 PUTS on the SPY's have worked out very well and I took those proceeds and bought the 10K shares pre quarterly call @ 1.14 so yes a bit early but liked what I saw in earnings announcement so was optimistic about the upcoming call .....If you look back in this thread you will see that when I put up the contrasting charts of the divergences in RSI between the SPY topping and weakening strength with the new highs and conversely MNKD with the rising lows in the RSI (I believe you called it a bear flag if I'm not mistaken) that was close to the recent top in the SPY, I've had PUTS and have traded in and out of them during this "correction" and will continue to do so for the next couple of weeks at least. GL to you sir
|
|
|
Post by joeypotsandpans on Aug 12, 2019 11:42:03 GMT -5
yes volume is confirmation, bid/ask is walking it up in orderly fashion
|
|
|
Post by joeypotsandpans on Aug 9, 2019 14:19:29 GMT -5
finally some volume coming in. 317,966 real time shares in 44 mins. price needs to break $1.20 then $1.50 for the share price to start moving up. Price hit $1.20 last week. The longer the basing pattern the bigger the move...this will slice right through those numbers when they take the restraints off. Keep in mind, the competition could not allow this equity to make headlines in any significant positive fashion, if this blew up on the financial news networks then that would mean more national attention than any ads could buy....think of the attention Beyond Meats got as it was ripping higher and the short positions were getting strangled, before you went to the counter and they listed the "impossible burger" you might ask what it was, now many more people know exactly what that is....we were on verge of it two October's ago when we ripped to 7, it was imperative (for the competition) to halt it in it's footsteps...if I remember even Pete Najarian made a slight mention of options action. A true rise in sp will also be the street's validation/attraction to the company, momentum will beget momentum but this time looking back a $1/sh will be laughable. When that happens is when you will really start to see BO/partner offers/rumors, upgrades, etc. As I have recently texted to some good friends when I picked up my last lot of 10K shares before the conference call, I am either insane, a genius, or an insane genius (I'm sure Nate has been labeled similar lol).
|
|
|
Post by joeypotsandpans on Aug 9, 2019 10:11:18 GMT -5
One of the pluses IMO of this new credit facility (for those that question Mike's motivation) is the accountability that comes with it. Not unlike those that hire private coaches to increase their productivity and achieve higher goals. That is just a bonus added to the debt financing, and no I don't wear rose colored glasses Adding: I don't see the covenants as insurmountable and unrealistic metrics to meet.
|
|
|
Post by joeypotsandpans on Aug 9, 2019 9:25:04 GMT -5
sports - Keep in mind, if we quote too much of his articles, he gets in a tizzy and reports us to ProBoards. Yes he is a very sensitive individual and gets defensive rather quickly, thin skin is an understatement (when he joined this board I think someone said Boo! and he was gone in a flash) best just to keep under the articles section when referencing latest articles.
|
|