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Post by uvula on Dec 28, 2018 13:25:22 GMT -5
Check out the rsls long term chart. Some people paid the equivalent of $120000.00 per share for a stock that is now trading at .25/share. Makes my investments look relatively good.
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Post by figglebird on Dec 28, 2018 13:29:34 GMT -5
So from about ten minutes of research
1. cvi is heights mngmt which is susquhannah
2. most/if not all of the holdings of cvi are/have been heavily shorted
3. many BUT not all appear to be companies stuck in downtrends with past/present issuances of questionable/toxic funding
4. Some of CVIs holdings were short term trades
5. Heights capital apparentmy has had some sucsess funding companies that have later been bought out at higher multiples
is cvi linked to some component of our short interest - a hedge or cover?
what has susquhanas trading of mnkd shares looked like over past 18 months?
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Post by traderdennis on Dec 28, 2018 13:37:21 GMT -5
1.50 but it included a warrant. At the time of the offering the warrant was likely worth about 35 cents based on the trading price of a $1.50 January 2020 call option on December 20. So they are a bit underwater as the stock is trading at 1.11 right now
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Post by babaoriley on Dec 28, 2018 14:05:24 GMT -5
TD, I think the reference to $1.50 may have been to ReShape Lifesciences.
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Post by rockstarrick on Dec 28, 2018 14:29:14 GMT -5
1.50 but it included a warrant. At the time of the offering the warrant was likely worth about 35 cents based on the trading price of a $1.50 January 2020 call option on December 20. So they are a bit underwater as the stock is trading at 1.11 right now I’d like to get you shitfaced and talk about the stock market sometime 😂😂 although not always right, you sure seem to understand how the game is played. im thinking I could slip you a roofy, and be rich in no time. ✌🏻😎
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Post by tchalaa on Dec 28, 2018 14:46:50 GMT -5
So from about ten minutes of research 1. cvi is heights mngmt which is susquhannah 2. most/if not all of the holdings of cvi are/have been heavily shorted 3. many BUT not all appear to be companies stuck in downtrends with past/present issuances of questionable/toxic funding 4. Some of CVIs holdings were short term trades 5. Heights capital apparentmy has had some sucsess funding companies that have later been bought out at higher multiples is cvi linked to some component of our short interest - a hedge or cover? what has susquhanas trading of mnkd shares looked like over past 18 months? Susquehanna has been shorting MNKD and playing options straddle for years. They are toxic, the question is: are they more toxic than Deerfield?
I'm still perplexed why mannkind management did this to us longtime shareholders .....
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Post by tchalaa on Dec 28, 2018 14:53:15 GMT -5
Mannkind top owners now are experts in shorting and bk companies
FLYNN JAMES E has 14,576,376 shares CVI INVESTMENTS, INC. has 11,750,000 shares
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Post by mnkdfann on Dec 28, 2018 15:14:37 GMT -5
Mannkind top owners now are experts in shorting and bk companies
FLYNN JAMES E has 14,576,376 shares CVI INVESTMENTS, INC. has 11,750,000 shares
And consider / tie in my observation on page 2 of this thread: mnkd.proboards.com/thread/10675/new-board-member-christine-mundkur?page=2It may not mean anything, but it is perhaps a little weird who is being recruited to the team.
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Post by uvula on Dec 28, 2018 15:42:58 GMT -5
I doubt mnkd has any control over who buys the stock.
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Post by babaoriley on Dec 28, 2018 16:14:32 GMT -5
So from about ten minutes of research 1. cvi is heights mngmt which is susquhannah 2. most/if not all of the holdings of cvi are/have been heavily shorted 3. many BUT not all appear to be companies stuck in downtrends with past/present issuances of questionable/toxic funding 4. Some of CVIs holdings were short term trades 5. Heights capital apparentmy has had some sucsess funding companies that have later been bought out at higher multiples is cvi linked to some component of our short interest - a hedge or cover? what has susquhanas trading of mnkd shares looked like over past 18 months? Susquehanna has been shorting MNKD and playing options straddle for years. They are toxic, the question is: are they more toxic than Deerfield?
I'm still perplexed why mannkind management did this to us longtime shareholders ..... Keep your friends close and your enemies closer? If they wanted to mess with the stock, they still could have even without buying in. They may be able to get a board seat. Look, when it comes to financing, MNKD has been very much hamstrung for a very long time, going back to the two CRL letters. There was the "embarrassment of riches" era, which lasted about a month and a half. Other than that, they have been down right necessitous. That condition makes one look quite unattractive.
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Post by georgia777 on Dec 28, 2018 22:18:09 GMT -5
Sorry but this looks more like Deerfield? To add here would be--- not good----. but holding cause no one knows anything other than scripts good!
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Post by u1682002 on Dec 28, 2018 23:20:12 GMT -5
Sorry but this looks more like Deerfield? To add here would be--- not good----. but holding cause no one knows anything other than scripts good! I will be extremely surprised and offended if Mike found another DF for this offering. Personally I believe Mike should have received some CVI before he signed this deal that they will lock these shares up for a long time. The fact that the shares are still relatively low after this announcement seems confirmed this must be the case.
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Post by uvula on Dec 28, 2018 23:53:44 GMT -5
From what little we know it looks like cvi is worse than df. It doesn't mean mike did a bad job. He got the best deal he could.
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Post by barnstormer on Dec 29, 2018 0:25:28 GMT -5
Mike presented at Rodman & Renshaw 20th Annual Global Investment Conference on Wednesday, September 5 and Cantor Fitzgerald Global Healthcare Conference on Tuesday, October 2. Obviously he found no takers or he could have controlled a private placement and eliminated the shares being picked up by shorts. He could have structured the offer with warrants to stockholders of record but didn't cause he knew it also would be a tough sell. Instead the offering was rushed through at a bad time for share price while consuming the current shelf allocation. The whole situation is hard to read. If he had good news planned for Friday (not that the CC was planned until the sheet hit the fan) why wouldn't he wait until the shareprice bounced up. If he had a partner with cash he wouldn't need to worry about raising capital in a tight market. Scares the crap out of me. He did state in an email that it is "full steam ahead" I guess we will know Friday. GLTA
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Post by mango on Dec 29, 2018 0:41:59 GMT -5
From what little we know it looks like cvi is worse than df. It doesn't mean mike did a bad job. He got the best deal he could. Dude remember that it was Deerfield who was operating an insider trading scheme involving confidential government information. Deerfield is complete trash, is CVI really much worse?
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