MNK, Another it's never too low to sell story?
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We've been through DDD,VRX,GPRO to the recent TEVA stories to me MNK is just another.
Back to the days I was a proprietary trader, MNK is one of my favorite name as if I don't know what to trade in any given day I tried to short the name.
Only if we kept "it's never too low to sell" in mind that we can catch this kind of profit, otherwise we might be stopped out each time when we want to buy the dip.
I don't really suggest taking this inside week short as I know it takes gigantic risk appetite to take this trade, but I am more than willing to post in on TradingView to see how it goes afterwards.
Back to the days I was a proprietary trader, MNK is one of my favorite name as if I don't know what to trade in any given day I tried to short the name.
Only if we kept "it's never too low to sell" in mind that we can catch this kind of profit, otherwise we might be stopped out each time when we want to buy the dip.
I don't really suggest taking this inside week short as I know it takes gigantic risk appetite to take this trade, but I am more than willing to post in on TradingView to see how it goes afterwards.
Note
an weekly 8ema correction and CRUSH!Note
another 60% drop, It's never too low to sell lol!!Note
Earnings today, Never too low to sell LOL
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