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Post by cusop on Mar 3, 2015 10:41:09 GMT -5
just bought a cheeky 3250 extra shares thanks GS.. as I was going to sell my current holding then whether they down it to $4 or not makes no difference, I was not going to sell, but the opportunity was there and I just had to take it
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Post by Chris-C on Mar 3, 2015 11:25:40 GMT -5
I knew there was at least one big short attack looming on the horizon given the size of the short position. Interesting that it seems so "coordinated". I'm sure it's simply chance that the nay-sayers all appeared at once. Note that not a mention is made of the Technosphere platform, and A1c is used as the standard, when it clearly does not reveal Afrezza's strength.
Regarding the GS downgrade: To put it mildly, the culture at GS is clearly lacking and has not been cleaned up from the cesspool that existed during the 2008 meltdown. GS execs will seemingly throw their own kids under the bus in exchange for gold coins. It rankles that they continue to influence the market and hold such an esteemed position on Wall Street. I despise them and all the other crooks on WS who are destroying the country with their complete absence of a moral compass and their worship of profit without scruples. Meanwhile, the SEC and DOJ simply levy fines.
Not selling. Once burned...
GLTAL
Chris C
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Post by cybergym66 on Mar 3, 2015 11:37:08 GMT -5
I knew there was at least one big short attack looming on the horizon given the size of the short position. Interesting that it seems so "coordinated". I'm sure it's simply chance that the nay-sayers all appeared at once. Note that not a mention is made of the Technosphere platform, and A1c is used as the standard, when it clearly does not reveal Afrezza's strength. Regarding the GS downgrade: To put it mildly, the culture at GS is clearly lacking and has not been cleaned up from the cesspool that existed during the 2008 meltdown. GS execs will seemingly throw their own kids under the bus in exchange for gold coins. It rankles that they continue to influence the market and hold such an esteemed position on Wall Street. I despise them and all the other crooks on WS who are destroying the country with their complete absence of a moral compass and their worship of profit without scruples. Meanwhile, the SEC and DOJ simply levy fines. Not selling. Once burned... GLTAL Chris C Joey Pans can chime in here...IB had N/A last night/this morning and now has 250K...so SOME short covering? It seems when shares to short is N/A the stock is then set for a drop.
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Post by shortslaver on Mar 3, 2015 12:01:14 GMT -5
I knew there was at least one big short attack looming on the horizon given the size of the short position. Interesting that it seems so "coordinated". This happens a lot on Wall St. Coordinated bear raids are nothing new and they will happen in the future. Sometimes they have legit beef but in this case it's simply 1 mans speculation backed by a lot of short selling that broke stop loss after stop loss. When a stock changes value drastically on no real news, be suspicious.
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Post by gomnkd on Mar 3, 2015 12:26:10 GMT -5
You cant blame GS for the downgrade. The sales have been weak so far. In 3-4 months, sales may go up slowly. Meanwhile the analysts will start downgrading, the longs will lose patience (or protect profits) and sell. We'll see a capitulation. Shorts will cover. GS will then buy and issue upgrade. A new bull phase starts.
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Post by crpminc on Mar 3, 2015 12:44:09 GMT -5
you can reach Jay Olson author of down grade to sell price target $3.00 at 800-323--5678 if you want to try to convince him why he is wrong.
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Post by Chris-C on Mar 3, 2015 12:58:12 GMT -5
You cant blame GS for the downgrade. The sales have been weak so far.In 3-4 months, sales may go up slowly. Meanwhile the analysts will start downgrading, the longs will lose patience (or protect profits) and sell. We'll see a capitulation. Shorts will cover. GS will then buy and issue upgrade. A new bull phase starts. mnkd Well, with genuine respect, I suppose that is one POV, but seriously, were those their actual sales projections, or their "sales projections" to provide a smokescreen rationale for their actions? They are in serious trouble if GS cannot find analysts who have a better understanding of the market, key variables and likely sales given the multiple headwinds that even MNKD discussed in their quarterly call. The interesting thing about charts and statistics is that you can use them to support any point of view. Note that nothing material has changed since yesterday, other than "opinions" being expressed by manipulative loud voices. Yet, the SP has dropped 10%. That's an efficient market for you. So, if you ask if I understand that GS is doing what they do, which is to manipulate information to maximize their profits, then of course I understand that. But I don't condone it. One can say that the Islamic zealots behind ISIS also cannot be blamed if understood in the context of their culture and belief system. That doesn't make them right. So my standards of corporate behavior for a leading Wall Street firm are higher than that. The public deserves more. So when it comes to the question of motive and manipulation, I do blame them. They have to be held accountable for their duplicitous behavior, which has been revealed time and time again. In my opinion, to say " the ends justify the means" is not a valid moral position, it is a fool's excuse for a corporation devoid of character. GLTAL Chris C
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Post by nugjuice on Mar 3, 2015 12:58:15 GMT -5
I hate to sound like I'm defending GS, but have to point out that share accumulation data was as of 12/31/14.
We have no idea what their current position looks like.
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Post by bradleysbest on Mar 3, 2015 13:08:22 GMT -5
I doubt that GS sold their 626,000 shares......
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Post by nugjuice on Mar 3, 2015 13:11:04 GMT -5
bradleysbest - I doubt they sold their shares also, but people saying they increased their position while putting out a hit piece are being disingenuous. They increased their position ahead of the launch, and it's entirely plausible they were getting bulled up on the company heading into release but totally disappointed by the rate of adoption. Again, hate defending GS, but let's try to look at this objectively. The fact of the matter is that 15 million shares were traded today before 1:00 and it's down 10%. Some big boys are selling here, we just don't know who
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Post by Deleted on Mar 3, 2015 13:15:03 GMT -5
bradleysbest - I doubt they sold their shares also, but people saying they increased their position while putting out a hit piece are being disingenuous. They increased their position ahead of the launch, and it's entirely plausible they were getting bulled up on the company heading into release but totally disappointed by the rate of adoption. Again, hate defending GS, but let's try to look at this objectively. The fact of the matter is that 15 million shares were traded today before 1:00 and it's down 10%. Some big boys are selling here, we just don't know who They had a $6 PT and a neutral rating when they accumulated 177%, so dont feed me some garbage about looking at it objectively.
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Post by dstevenson on Mar 3, 2015 13:16:59 GMT -5
invesco will accumlate over 2 million shares today by EOC
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Post by nugjuice on Mar 3, 2015 13:29:04 GMT -5
bradleysbest - I doubt they sold their shares also, but people saying they increased their position while putting out a hit piece are being disingenuous. They increased their position ahead of the launch, and it's entirely plausible they were getting bulled up on the company heading into release but totally disappointed by the rate of adoption. Again, hate defending GS, but let's try to look at this objectively. The fact of the matter is that 15 million shares were traded today before 1:00 and it's down 10%. Some big boys are selling here, we just don't know who They had a $6 PT and a neutral rating when they accumulated 177%, so dont feed me some garbage about looking at it objectively. Yeah, and there was plenty of time in 4Q while they were increasing holdings that it was below $6 a share. I don't see your point. In fact, the majority of 4Q it was below $6. It even hit a low or $4.45 which would have been 35% upside to their target. Try not to let emotions get in the way of investing
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Post by gomnkd on Mar 3, 2015 13:33:22 GMT -5
First on GS accumulation: Goldman Sachs is an asset management company with ~250 billion in assets. This is all hedge fund money, where LP's own most of the fund. Go to link www.sec.gov/Archives/edgar/data/886982/000076999315000291/xslForm13F_X01/f13f201404.xmlGS hardly owns <6MM worth of MNKD. This could be part of general exposure to biotechs. MNKD is 0.0025% of assets. Second, I'm saying GS got a reason to downgrade. I'm not agreeing with that reason, but my opinion doesn't matter. I am a buyer today and bought 2K shares. I may buy more. GS may be downgrading as part of a grand plan to manipulate. It is possible. The reasons for all these upgrades/downgrades is to create churn. Brokers make money with churn. It is a Wall street charade. The volatility forces longs to lose conviction and sell. If not for lack of sales, they might cite cash burn in opex. ------------------- I've seen far more manipulation, with articles planted in Fortune mag etc. The case was Fairfax holdings. I waited on the sidelines , confused and didn't buy. Some people I know bought tons of options and ended up with 7 figure profits. The other one where i was at the receiving end was EBIX. It is finally breaking out. It had to endure 4 years of manipulation. What matters in the end is sales. If sales are good, no amount of manipulation can stem the rising tide of stock price.
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Post by gomnkd on Mar 3, 2015 13:37:57 GMT -5
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