Sorry guys this ran out of steam. too far away from PDFUA date while there are lot others to play which are cheaper and binary events in the close sight.
Its a buy at these levels only if you can held up your money for couple of months
"I told you to dump your Mannkind shares at $12.30 but you wouldn't listen. I can understand your anger and despair."
"Combine that with your stupidity and you are a very sad individual who has nothing better to do than to follow others on Yahoo message board."
"How sad is that."
"Please don't reply although I know you're too stupid not to."
Well investing 101 says you should buy into an uptrend. The 50 day ma is at 4.28 and the 200 day ma is at 4.31 sir. Those resistances could both be broken in one fell swoop. I don't have to tell you what would happen after that. I'm loaded at 3.75 average. Will buy some more at open. GLTU.
how many up days do you think the market will have in a row? and large up days at that.
The next few days maybe the ideal time to get back in after a quick trade.
Remember there are few retail investors in this market and just when you think this market has hit its straps the big boys will take some profits.
You obviously think otherwise.
If you are wrong who is the idiot?
No, if it hits those resistance points short covering will increase as the majority of shares were shorted in the 4-5 range. If it touches 5 then a short squeeze will occur and will likley push this over $7. I don't think you have been in a stock with only 7 million trading shares in which 35% of them are held short with 10 days to cover. The short position here is massive. I've been in a couple similar ones and the short squeeze is around 75%. That's without news. With news? Then it would be a bloody bloody day for some folks.