Wednesday, April 27, 2011

Trading Alert for 4/28/2011

One symbol for tomorrow: MNKD. Chart looks ready for a huge spike. Plus, MNKD is a great candidate for a short squeeze. Short float at 27.63% which is >10 days of MNKD average volume. The stock has lost more than 46% over the last year. Net insider purchases over the last half a year is 3.5M shares which is 4.41% of a 78.95M share float.

Symbol: MNKD 
Backtest Strategy: Pennystocks100 (5 min chart)
Period: Apr 27, 2010 - Apr 27, 2011
# Win: 0
# Loss: 0
Winners: 100%
Profit-Loss%: +0.0% 

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