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Post by huh on Jun 3, 2014 22:21:10 GMT -5
Very nice bounce today huh. With some nice volume. The train has left the station!! GL Yep, I think it has. I sold my positions today hoping for one last pullback, but it could easily never look back as well. ST has a 97% bullish sentiment, and I saw posts late in the day with bullish rumors & speculation. A lot of it. That kind of thing normally warrants a pullback. So we'll see. Either way, that was my second trade for a total 14.8% gain. So if I can buy a little lower I've already reduced my cost basis by that much. But if I have to chase instead, I won't feel too bad.
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MNKD
Jun 4, 2014 7:20:32 GMT -5
Post by huh on Jun 4, 2014 7:20:32 GMT -5
...and MNKD gapping up in PM. I tried to get too fancy.
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Post by birthmark on Jun 4, 2014 12:05:22 GMT -5
Over 20 million shares already today?!?! 10.50 now.
Partnership announced soon?
GL
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Post by jacksrbtr on Jun 4, 2014 14:03:32 GMT -5
Over 20 million shares already today?!?! 10.50 now. Partnership announced soon? GL Congratz Mark!
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Post by huh on Jun 4, 2014 17:39:05 GMT -5
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MNKD
Jun 5, 2014 9:13:51 GMT -5
huh likes this
Post by Herceg on Jun 5, 2014 9:13:51 GMT -5
Something going on with it now.........dropping big.........
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Post by huh on Jun 5, 2014 9:35:24 GMT -5
Something going on with it now.........dropping big......... Hitting early 2010 highs. Had been down ~86% since then.
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Post by Herceg on Jun 9, 2014 8:43:55 GMT -5
MNKD moving up with large blocks buying............should be interesting running into July 15th............
JMO and BOL.........
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Post by huh on Jun 9, 2014 14:44:03 GMT -5
Looks like a classic (though small) rounded top. <10.62 sets target ~9.98.
I'm still expecting a move to sub 8.50.
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MNKD
Jun 11, 2014 18:13:56 GMT -5
Post by birthmark on Jun 11, 2014 18:13:56 GMT -5
You think 8.50 Huh before July 15th? Hmmm...
I could actually see them announcing approval early to catch everybody off-guard. We shall see. GL
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Post by huh on Jun 12, 2014 11:03:06 GMT -5
Hit the downside target of a small bearish pattern from earlier this week with that 10.02 LOD. Have to see how it performs now. Expect some FIB retracing of this last down move.
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Post by huh on Jun 12, 2014 14:34:43 GMT -5
It did an exact 50% retracement from this morning's 10:15 high (this thing does like that 50 FIB) before turning down.
Lose 9.65 and sets up a double-top high ~8.30's/8.40's - which is exactly the back test you'd hope to see if bullish (assuming that holds of course).
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Post by huh on Jun 27, 2014 14:54:26 GMT -5
Looks like a classic (though small) rounded top. <10.62 sets target ~9.98. I'm still expecting a move to sub 8.50. Target hit. Took one hell of a manipulation swing by the MM's, but iH&S backtest now complete. Took some patience sitting on those buy orders.
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Post by huh on Jun 27, 2014 16:39:04 GMT -5
Anyone else take advantage of this back test move today?
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Post by birthmark on Jun 27, 2014 16:53:15 GMT -5
Well done Huh and great call!!!!!! What a day -- from 8.20 to now 11 AH!?!?! Stil think they partner up. GL and well done.
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Post by novie08 on Jun 27, 2014 17:00:15 GMT -5
COngrats to you both!
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Post by huh on Jun 27, 2014 17:36:58 GMT -5
Well done Huh and great call!!!!!! What a day -- from 8.20 to now 11 AH!?!?! Stil think they partner up. GL and well done. Yeah, amazing what a stock can do to satisfy a chart pattern. Approval came early, yet it still needed a 25%+ drop to finish the backtest. Whatever it takes I guess, even if there's only a few minutes available to do it. I have an upside target between 46 and 49. I'd settle for the 46. With 30% of the float short (~69 million shares), would only need the hint of a large partnership or buyout now to get get it there since I doubt there'd be many sellers willing to hand over shares to help those shorts cover.
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Post by jacksrbtr on Jun 28, 2014 8:22:44 GMT -5
Wow! If that ain't the classic cup and handle I dunno what is!
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Post by huh on Jul 3, 2014 16:53:06 GMT -5
Held the 50 FIB of the power swing from Friday for 2 consecutive closes, and closed today back into a previous bullish pennant. Also has nice tight BB's. (almost sounds dirty, doesn't it ... Jack?). And looks like the last 2 days of trading formed a mini version of the larger iH&S/cup'n'handle after gapping down into it (and again, as many times before, the RS hit the 50 FIB). There's a whole lot of these identical patterns in this one across many different time frames. (from 2 days to 4 years). And nearly all have rounded bottoms. Rounded bottoms, tight BB's, cups and handles. Doesn't get more dirty bullish than that. And a closer look at the last 2 days in the purple circle: The sooner PFE and GILD start their bidding war over this company, the better.
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MNKD
Jul 4, 2014 0:03:39 GMT -5
Post by drtracyb on Jul 4, 2014 0:03:39 GMT -5
I am trying to decide if I should grab some of this for my 401K. I didn't have the energy to jump in all those years ago when you all started talking about it. What's a good jump in point?
Tracy
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