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Re: JLS post# 13508

Monday, 07/27/2015 5:30:39 PM

Monday, July 27, 2015 5:30:39 PM

Post# of 32010
I agree with your assessment on the market. We breach that 200DMA on the S&P and we could really have a major sell off. China and the Shanghai Index are very alarming as well. I've been calling for a large correction for the past year plus and surprised we held up this long. Commodities crashing and DJT have been in the toilet. It doesn't hold well for MNKD or any stock for that matter. Hopefully MNKD has bottomed, but this market has more to go on the downside. We haven't had a 10% correction in 4+ years and this bull market is one of the longest on record with 6+ years and a 180% increase.

Still feel MNKD is severely undervalued, but markets are markets and right now between the shorts and the lousy breadth of the overall indexes its a major battle. Ugh
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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