Your response was pretty funny actually. With my question I was actually interested more in the opinion of others, independent of my own opinion which of course is uninformed until I have adequate time to become informed. My occupation? I am not a mind-reader, but I did stay at a Holiday Inn last night!
Why the nice runup yesterday? Was it from earth-shattering news from the conf. call, or was it due to new exposure brought by the link on the Yahoo Finance main page? (or some other factor?) I neither heard the call nor read the article, so honestly don't know the answer (hope to do both soon.) I am interested in what people think the answer is, because it may indicate future price direction.
Yes, I see what you're talking about. A little shallow perhaps but it still looks like it could fit. This of course occurs just after I post about another formation! I agree it is too early to call but so far so good. If we don't retract this week I'd say that formation looks good.
Thanks Baba. Do we have a mutual friend with a stock-picking dog, by any chance? If you don't understand the question, then I must be mixing you up with someone else.
So your arguments in this thread AGAINST a lower share price in the short term seem to be:
1) Only 6 total posts by me since 2010.
2) Your login name includes "bull", which for the benefit of the doubt I'll assume means "bullish."
That's what you're going with then? C'mon, in another post about Fibonnaci you responded, so I know you can bring more to this thread than the above.
No problem, thanks. I also should add that in the lower lows and highs I see, a good amount is likely just as much due to aggressive shorting/blog hit pieces than to dilution.
So, whether or not TA indicates short term higher or low, on a longer scale what really matters most is the events, which we will all stay tuned for.
I'm merely trying to learn from others who know this stock better than I do, and if I'm wrong then I'll adjust my view based on the data. (If you expect to see an angle everywhere you look you're likely to see it where it might not exist. Of course these boards are littered with vermin, and you don't know me, so I understand healthy skepticism.) In any case, I'm not seeing the head and shoulder points on the 2 year chart. Perhaps the points are not pronounced enough for my untrained eyes. Can you provide the approx. dates and price for those points?
I concur that a 1 month (200da MA) is more comprehensive and instructive than a 3 month chart. So then, is a multi-year chart more comprehensive and instructive than a 2 year chart? Heck, if you go out 5 or 6 years, you can certainly see lower lows and lower highs, perhaps due to dilution. I guess depending on your start and end dates, you can see conflicting patterns.
Perhaps it also matters what one's trading horizon is. I think long term this stock does very very well, of course assuming FDA clearance, but just wonder if the bottom is truly in and it doesn't go a little lower before it goes higher. IF it goes sub 4, I sell my clothes and organs to buy more shares. I might buy a little around 5 just in case. There is a lot of hope around this stock, and that could fuel a nice pop with some good news.
Anyone more versed in Technical Analysis than I, do you see a head-and-shoulders top pattern? Look at 6 month chart. Do a quick Internet search for the head-and-shoulders definition. If so, it's bearish, not bullish. I've always wondered if TA took into consideration events, like pending FDA reviews, or if it's just price and volume action. I guess price and volume action takes into account everything, so maybe it's relevant. Anyone have any TA expertise and an opinion?
From a technical analysis perspective, and I am not well versed in TA mind you, but does anyone else see a "slumping" head and shoulders pattern as of late? The 3 peaks are 1) left shoulder 2) head 3) right shoulder, and the right shoulder is slumping. In effect, one interpretation is that the share price could not meet the previous highs - higher highs and lower lows. If I'm not mistaken, that is bearish not bullish. Now if it were higher highs and higher lows, then it would be bullish. Of course that's just a technical analysis perspective, and a very novice one at that. Anyone else have a TA perspective on this?
Thanks for the good info hytekvideo. Not sure why my boss will think I'm a genious, if they don't already?
Anyone else have input on these questions?
Seeking more knowledge about care of Diabetes, and of Affrezza, and of MannKind as an investment.
Questions, possibly for affrezauser or anyone else who knows the treatment protocol:
1) Under which conditions might Affrezza treatment need to be deviated? For example, if you have a chest cold, can you still inhale/absorb Affrezza effectively?
2) If there are reasons to deviate, how easy is it to substitute orals or needles, then go back to the Affrezza regimen? Does that require "recalibration", and is it difficult?
3) During the normal Affrezza regimen, or any regimen, aren't you #$%$ing the skin anyway for blood glucose readings? Is it that much more of a burden to administer insulin with a needle? (Forgive my ignorance, ask because I hear drastically different things on needles, I guess it depends on the individual and the frequency of injection, etc.)
4) Anyone working on/already selling skin #$%$-free blood glucose tests? They test blood O2 levels externally, what about glucose?
Thanks, been watching this for years and was scared off by FDA rejections, but perhaps that hurdle may soon be cleared. Physician recommendation/user adoption is the other biggie for me. My questions are about that.
Thanks in advance.
Bump - Newbie here, have been looking at Affreza, and research led me to a web mention of Invokna. Anyone have insight into the question posed in this thread, now that it's September? Is it an apples and oranges comparison or are they competitors? Thanks.