InvestorsHub Logo

JLS

Followers 62
Posts 7863
Boards Moderated 0
Alias Born 12/14/2004

JLS

Re: biginvestors post# 11592

Tuesday, 05/26/2015 4:06:48 PM

Tuesday, May 26, 2015 4:06:48 PM

Post# of 32013
Re MNKD Tweet,

"Abraham Ben Yiju ?@BenYiju 23h23 hours ago
$MNKD $SNY Refills of #Afrezza prescriptions jumped 48% percent last week [Bullish] fb.me/6GNvFSV8b
"

Look at two columns on the far right (in the light blue area).

What is more important: weekly or cumulative, or something I haven't tried?

Notice that on weekly refills (as a percentage of weekly NRx), the 34% just reported is only 3% higher than it was two weeks prior (which is the same 31% of three weeks prior to that).






Disclosure: On 05/18 I bought shares of MNKD. On 05/21 (3 days later) I sold those shares for a gain of almost 12%.

I'll round that down to 11%, just to be fair. If I could find the best time each month to make the same trade and achieve the same results, then the compounded gain after only one year would be 250%. Could it be that a selective swing trade once a month is better than holding long term?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MNKD News