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Post by ashiwi on Nov 20, 2014 13:24:45 GMT -5
Shorts have to be pretty maxed out for Fidelity to up the interest rate for us. What a easy way to be patient while we wait for sales to ultimately get the ops where it deserves to be. Getting 12.5% is a beautiful thing.
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Post by bradleysbest on Nov 20, 2014 13:58:11 GMT -5
I am now in agreement with something I saw on one of these boards. SNY partnered with MNKD simply to hedge their bet on Afrezza in case this blows up in all of our faces (which I don't see happening). Sales will be the catalyst and as soon as SNY sees the benefit & acceptance (of course $$$) of Afrezza they will buy them out. I believe SNY & MNKD have already had talks (maybe an agreement already in place) that SNY will buy out MNKD & run with it. The longer SNY waits the higher the price will become! Not sure when it will happen but that is my best guess.
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Post by babaoriley on Nov 20, 2014 14:10:42 GMT -5
I hope your wrong, Bradley, or, if you are right, I hope SNY has the highest of ethics (note I didn't say "business ethics"). Having already established any kind of deal or price formula for a buy out, would be like the passenger making a bet with the driver as to what time they will arrive at their destination!
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Post by bradleysbest on Nov 20, 2014 14:28:01 GMT -5
Not saying the price has been negotiated yet but this is more than a partnership in my eyes! SALES, SALES & MORE SALES!
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Post by ezrasfund on Nov 20, 2014 20:07:55 GMT -5
Please keep us posted going forward, Brentie, and any others who have access to that info from various brokers. Ezra, Fidelity's rate went up to 12 1/2% (from 11%) this morning. Thanks, Brentie. Let's see if this means we stay above $6 tomorrow. There must be some pressure from OpEx. And the pressure must be building on the shorts too. No matter at what price they buy back those shares they are never getting repaid for the interest payments.
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Post by dreamboatcruise on Nov 20, 2014 20:19:00 GMT -5
All of my shares are in two accounts... a marginable Ameritrade account and a Schwab retirement account. Neither have I been offered money to borrow my shares, though I had always been under the impression if you have a margin account the broker just borrows them without ever saying or paying you for them... is that incorrect? Is it just a matter of moving my Ameritrade shares to Fidelity to get in on this gravy train interest deal? Is there some minimum number of shares before they pay you for loaning them? Does it need to be a margin account?
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Post by ezrasfund on Nov 20, 2014 20:42:48 GMT -5
If you call Schwab and tell them you want to lend your shares they will enroll you in the Share Lending Fully Paid (SLFP) program and set up a special account where they transfer the shares when they borrow them and the 100% collateral cash. They don't pay much, but I am interested to see if there is a correlation between the margin interest activity and price movements. Near the beginning of the slide from $10 to $5 they returned all borrowed shares, and Schwab has not shown any renewed interest in them until last week.
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Post by BD on Nov 20, 2014 21:53:50 GMT -5
All of my shares are in two accounts... a marginable Ameritrade account and a Schwab retirement account. Neither have I been offered money to borrow my shares, though I had always been under the impression if you have a margin account the broker just borrows them without ever saying or paying you for them... is that incorrect? Is it just a matter of moving my Ameritrade shares to Fidelity to get in on this gravy train interest deal? Is there some minimum number of shares before they pay you for loaning them? Does it need to be a margin account? I only know how it works at TDA (or, at least how they recently told me it works): if you have a margin account, then your shares may be loaned out if and only if you're actually carrying a margin balance. If you have a margin balance of 0, they will not lend out your shares, and any shares that were loaned out while the margin was non-zero will be restored.
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Post by kc on Nov 20, 2014 22:02:37 GMT -5
Baba, I posted this in another thread. But I thing Serge Weinberg was sending us a message in his opening comments Did anybody pay attention to Serge Weinberg's opening comments about acquisitions? The first 5 mins was interesting today as Serge Weinberg did address the fact that the board could or might be out looking for acquistions and that not having a CEO did not impact that situation. That in lieu of a immediate acquistion that Sanofi was buying back stock as they feel that the current price of Sanofi shares is a great value. So you just never know what the future might be. I still beleive that SNY has or will be buying shares up to 5% quietly. Today? By the end of the 2014? by the end of 2015 most definatly they will have a positon I hope your wrong, Bradley, or, if you are right, I hope SNY has the highest of ethics (note I didn't say "business ethics"). Having already established any kind of deal or price formula for a buy out, would be like the passenger making a bet with the driver as to what time they will arrive at their destination!
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Post by kc on Nov 20, 2014 23:17:08 GMT -5
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Post by dreamboatcruise on Nov 21, 2014 11:22:04 GMT -5
It would seem that Al's very large holding would make MNKD a problematic target for a buyout unless he were on board. I suppose 5% gets some additional influence and a bit of profit as the shares appreciate.
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Post by vissertrades on Nov 21, 2014 13:06:17 GMT -5
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Post by kc on Nov 21, 2014 13:27:56 GMT -5
Technosphere would be a holistic type device. Interesting. You just can't make this stuff up. Medtronic may also look to acquisitions to build out the non-intensive and service & solutions portions of its diabetes business. Attachment DeletedAttachment Deleted
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Post by ezrasfund on Nov 21, 2014 22:22:22 GMT -5
Ezra, Fidelity's rate went up to 12 1/2% (from 11%) this morning. Thanks, Brentie. Let's see if this means we stay above $6 tomorrow. There must be some pressure from OpEx. And the pressure must be building on the shorts too. No matter at what price they buy back those shares they are never getting repaid for the interest payments. This afternoon it looked like they were going to land the share price right on $6 for OpEx, but then the sellers seemed to be all out of shares by the end of the session. So far I am sticking with my thesis that high borrow costs mean shorts are running out of shares to sell, for the moment at least.
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Post by ezrasfund on Nov 24, 2014 9:15:13 GMT -5
This morning Schwab raised rates paid to borrow MNKD shares. I am thinking that lots of calls expired in the money (mine did) and shares have to be delivered.
Brentie, what do you see from Fidelity and the rest?
Joey, what do the technicals say? Let's see if this is a better indicator than the charts. My crystal ball says we are going up strongly today, but I won't be sure till after 4 PM LOL.
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