Re: Technical view of Mannkind
in response to
by
posted on
Jul 15, 2013 02:15PM
Edit this title from the Fast Facts Section
You do that voodoo that you do!
Thanks for the TA, Trend, you've had some good success predicting MNKD moves in the past, hopefully your prediction will be on the money again!
Wonder who all is buying today?
I do want to disclose a defensive move I just made - bought some $5 puts for August, fairly cheap, just in case they announce a bit early and awful. And some $5 puts for September, paid .68 for those (so the stock really has to tank for those to be worth anything, but that's what defensive moves are about), not very cheap, but some help if we get blindsided.
Most of my defense continues to be selling out of the money call options, the January $13's are very nicely priced, but I may wait for the move Trend is anticipating.