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numboberasPosted - 29 October 2015 21:54  Show Profile
Short MannKind On Afrezza Approval Alright, before MannKind (NASDAQ:MNKD) longs flip out on me for the title, I'd like to offer a disclaimer that I am no way bearish on the company itself and what it's trying to do with Afrezza. For me, for you, and for humanity, I hope Afrezza receives its approval in the coming month and MannKind shareholders are lucratively rewarded.

<b>[url=http://www.valentinoshoesonline.com/]Valentino Shoes On Sale[/url] </b> I have, however, noticed a couple of small biotech trends: runsup to binary events and postFDA approval corrections. It's postapproval that I want to talk about. Let's talk about a trend I pointed out in a previous article.

<b>[url=http://www.valentinoshoesonline.com/]Valentino Shoes[/url] </b> PostFDA approval, there is usually a pocket of some time where the hysteria wears off and people realize that millions upon millions in sales still stand between their coveted biotech company and the burgeoning acquisition target that they are seeking it to be. Sometimes, the company does go down that path successful sales that eventually lead to a Big Pharma buyout or partnership. Sometimes, things come up that prevent that from happening.

In &quot;My Definitive 17 Cardinal Rules.,&quot; one of the recurring themes is emotion in trading and how to use it to your advantage. I wrote:

<b>[url=http://www.valentinoshoesonline.com/]Valentino Online[/url] </b> Emotion is what prevents real success for many novice traders. Emotion is the catalyst behind making trades that make no sense on paper. Emotion is why people sell off positions after the crash and why they baghold buying at the tail end of rallies. Emotion makes idiotic things run through your head, like:

&quot;This stock may never stop going up! Better get in no matter what cost!&quot;&quot;This company is doomed! We are going to zero right here, right now, on this crash!&quot;

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