If you look at last 2 weeks alone I can see so many fools article and SA article about GILD and the blasting about price strategy. If you look at these articles there are no contents but rather say price for Solvadi is very high. I think this is a very coordinated effort to manipulate the PPS. I think shorters are panicking now there are 6 weeks to the quarterly results. PPS is not going down as much as they have anticipated. I think very soon the short squeeze will come and the PPS will skyrocket. Good Luck longs.
Investment companies always manipulate, for this one it just happened to be last week and also last month too. An it goes pretty much 1 to 2 times every month. Don't be a loser, this is going to go 90's in a month
Today's reason for drop was primarily surround by short manipulation and stop loss kicked in. After Obama's speech sell of happened in every biotech area. Nothing reflected negative on the company as such other than some insider selling. If you look at the insider transaction it was happening every month so I just ignore. This is how investment company gets the cheap shares. Huge block buying at the end on last 30 minutes answer upward moment the days ahead of us. Good luck guys.
I think there certain things you need to understand, every stock will have pump and dump. But for biotech runup take place only 2 to 3 weeks before the briefing document releases not one month before, if you are a long doesn't matter. March 27 and 28 will be highly volatile. The runup happen before the briefing and after the adcom and pdufa. Because Mnkd is wall streets favorite day trading stock its slightly different than others. But I am confident what I say, but nbody can say 100% for sure. But I would 85% chance.
Guys, I have been out for some time now, right time to get into this board again. I know next 3 weeks will be crucial for MNKD, in my opinion it will start the run up to $8 by next week before the briefing document comes out. I don't think it will extent the 52 week high of $8.70 but will crossing $8 within this month. As far as I know adcom will be fantastic this time and April onwards it will be trading in 2 digits. If you look at the trade pattern lot of selling happened in blocks starting from Feb 25 to till today and possibly next 2 days too, investment people want your stock.
Things will get better, starting next week. Load up if you want to make some money.
I am pretty confident this will be approved this time. I am buying and selling lot of put calendar spreads for march 28 and 22 for a short ter and have several long calls for the big day in April. Any thoughts. Easy money. Right?
No wonder Cramer said this, This was one of the highest call volume with highest open interest stock. I would see this will go way higher to $18 before March 14.
I do not buy hznp or mygn now, if it drop the pps by another 20% time to buy. Right now celg or gild is the best option. If you are looking for cheaper priced one are acst or atos
I have been trading on biotech industries for the last 12 years. I would definitely say this is one of the gem I have ever invented. I know celg, amgn and biib also good. But they don't have a better management team than GILD. GILD never included 2014 guidance for Sovaldi, for one reason surprise the street with next quarter with a $20 gain. Some losers sold their stock last week thinking that this was a drama. I definitely think by next quarterly results announced this will be trading in 3 digits. Good luck all the longs.
I expect to have super/duper quarter, atleast 5 to 7% up side tomorrow earlier in the day and then close with 4% gain. But before close of this month it will be trading over 90+
By end of next quarter this will be trading 100+
Happy trading every one.
Who bought 2.2 Million + shares in the morning. And then subsequently several big chunk buys. Only 1.2 Million Block sales only all others are buys.
As per my prediction this will have a runup towards to $8 by March. Even if the ASCO meet for the PSMA ADC is a failure, still I am expecting Relistor will be successful this time. So I am expecting to have 2 runps with in next 3 months. The 1st one will be FEB1st, it will be trading about $6. And then based on the outcome it could go north of $8 by beginning of March. Good luck guys and have a wonderful holidays.
Sentiment: Strong Buy