This as an earnings play:
I shorted it on the orb. Didn't work well. any thoughts?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-07 09:48:34 | MNKD | sell | $5.990 | short |
2014-04-07 09:55:05 | MNKD | buy | $6.080 | short |
2014-04-07 09:55:05 | MNKD | buy | $6.080 | short |
2014-04-07 09:55:05 | MNKD | buy | $6.080 | short |
2014-04-07 09:55:06 | MNKD | buy | $6.080 | short |
2014-04-07 09:55:09 | MNKD | buy | $6.080 | 0 |
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stock gapped down into strong support area at 6 so needed to base there for a while if it had a chance of really cracking it. it is also very oversold on the daily.
as far as I know they did not have earnings yesterday just some pr.