umcsom said: avalon6 said: njdealguy said: I have a 1.50 stop loss order just in case
Looks like someone stole your shares....FNMA dropped to 1.45 and quickly bounced back to 1.62
I was just about to say 2 things:
1 the gubermint holds all profits on this company and there is no way they are going to share. 2: if you are gambling on this don't use stop losses, you will get hosed on these type of volatile penny stocks.
What's stopping us from seeing a repeat of how AIG was handled? I've been reading articles for and against FNMA all day and can't seem to get a handle on it. It seems they've nearly paid back all that was borrowed and they're paying for litigation costs.
Been gone a while (too busy). Just popped in to say "TiVo".
Hopefully this last report is enough to get someone interested in buying them. Otherwise, normal run up for a few days, then a slow, 2 week decline by 5 or 8 percent.
*** NOT suggesting anyone SHORT it, because buyout would break most bankrolls around here... ***
bernanke opens his yap today. market will probably be sideways until that.
probably going to try to exit FDX at the next bounce over 102. just not moving the way I hoped and who knows what the market will do when bernanke speaks. reducing my positions
so much for the market being tired, i guess it just yawned. on fire.
holding STX calls, PAY calls as my only option positions. will likely exit STX around 42.50. PAY calls are Jan 14 calls so will be holding those long term.
Not in the near future. Mann will wait until the product is on the market and doing well... then maybe. The thing is that if the inhaled drug angle catches on...it will not be just insulin that gets inhaled but it could be applied to every drug on the market. If it catches on, it could turn the drug world upside down. But one step at a time.
I would just like to say that I recommended this stock at 2 on this thread and now it's at 6+. I own a lot of shares at sub 1.7
vietstyln said: MNKD looking good. Buy out in the future?
The product won't disappear when he dies. The stock might take an initial hit for god knows what reason if he dies. The device and mechanism is already desgined and manufactured. It's pretty much on cruise control from here. He is part of a company and not an indivdual.
Every stock has risks and you have to be willing to take them if you want to make money in the market. MNKD is a high risk, high reward stock.
avalon6 said: DelCheapo said: nkha1 said: MNKD is the stock to own over the next couple of years.
Buy and hold if you want to get rich.
The inventer is a genius...pacemaker, insulin pump, bionic ear,...this is his next big product and could revolutionize drug delivery for years.
Took a good sized position in MNKD end of February, around $2.60 after reading your post and doing a good amount of research myself.
nkha, I owe you a nice dinner
The guy running MNKD is 88 years old. What happens to the stock price when he dies?
jhapad said: link626 said: Looks like we're heading straight to 16000.
Anyone think the debt ceiling talks will fk things up?
Nothing will f*k up this rally. DJIA 20K by end of this year. Risk is simply out of equation now. dump your all money in index stock and forget about it.Looks like it.
Whatever I touch, turns into Shit. First it was AAPL last Aug, now I bought GOOG @910 little over a week ago, been down ever since.
I also bought GOOG 3 years ago when it touched $600, and had to sell at $450 after waiting for few months. I'm sure same thing gonna happen this time too.
bailing out of LULU calls at 2.84 (expect the stop to hit any second). nasdaq gone red now, ugly reversal. not letting any one position sink what i built up so far. cutting losers quicker.
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