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MannKind Corp. Message Board

  • techtrader79 techtrader79 Aug 28, 2012 8:02 AM Flag

    Anyone else sense nervous shorts?

    The tenor of negative posts seems to have increased now that MNKD completed it's golden cross and closing at yesterday's high of the day. Are shorts afraid they've missed their exit point?

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    • I'm curious, why do people use technical analysis on these stocks? If they come out tomorrow and announce a massive dilution, what happens to your technical analysis then? If there was a bearish TA trend and they announced non-dilutive funding, what would happen?

      Why would anyone trade this on TA? Why? There is absolutely nothing new going on except speculation about partnership and funding, and that has nothing at all to do with TA.

 
MNKD
1.25+0.01(+0.81%)Jun 24 4:00 PMEDT