I am re-buying my sold share... thanks to weak hands
Started buying back my sold shares under 6.10. If it goes lower then I will buy more..... this is very much a repeat story as last filing few years ago and SP will run up and go to $11 at time MNKD files FDA applications in next 6 weeks. Lowest the stock can go is $5.50 so not much to shout short or long as bottom line is the results are excellent, product and approach is great and FDA approval and partnership announcement will happen !!
All shorts are also waiting on opportunity to buy lower ..... but for me this is the re-entry point !!!!!!!
Very smart.. I took profits when I posted earlier this month.
Had a feeling we would have buy the rumor, sell the news..
Now we are so oversold it is funny..
Results were stellar... Approval is no guarantee, but it is pretty darn certain.
I have seen this happen on many stocks going from clinical to approval/sales..
I just changed my sentiment from buy to strong buy..