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Post by BlueCat on Mar 28, 2015 21:31:26 GMT -5
Hate to have a strong opinion, as I usually do not, but this R/S topic does not make for an interesting discussion. There will be no reverse split. If a reverse split could cause a short squeeze, there would be a lot more reverse splits. End of story and should be end of thread. Indeed. But what's your take on buyback vs. dividend? Both assume company would be getting real revenue. In your opinion (as rare as it is) - Which would have more positive impact, and which more likely to happen if they start rolling in the green? Or are they apt to not do anything like this?
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Post by dreamboatcruise on Mar 28, 2015 21:45:23 GMT -5
Hate to have a strong opinion, as I usually do not, but this R/S topic does not make for an interesting discussion. There will be no reverse split. If a reverse split could cause a short squeeze, there would be a lot more reverse splits. End of story and should be end of thread. Indeed. But what's your take on buyback vs. dividend? Both assume company would be getting real revenue. In your opinion (as rare as it is) - Which would have more positive impact, and which more likely to happen if they start rolling in the green? Or are they apt to not do anything like this? It's far to early to guess in my opinion. They wouldn't do that unless they had more cash than they are likely to have for the next 2 or 3 years, and then a buyback would likely hinge on whether the stock price for some reason were still depressed. If they are sitting on that much cash, however, they likely will be back in favor on Wall Street and sporting a typically high P/E for a biotech, making share buy back not a wise thing to do.
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Post by mnholdem on Mar 28, 2015 21:53:43 GMT -5
I gotta throw my 2c in here before I fly out tomorrow. While I doubt either will happen, I would friggin' luv the dividend because all shorts would be required to pay that dividend out of their pockets to whoever they borrowed the shares from. Having to pay high interest rates is painful as it is, but throw in a dividend? Oh, you would hear some squealing.
If the dividend were to be paid to shareholders of record as of, say April 15, you'd see massive short covering to get out before getting stuck having to pay. It maybe...maybe, could create a short squeeze.
Buyback would typically be better for pps, but with 90 million short interest?
Mann, that's a tough one to call (chuckle).
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Post by kball on Mar 28, 2015 22:00:28 GMT -5
Did people actually invest expecting or wanting a dividend from this company? I would hope if they become flush with cash they would have better places to allocate it.
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Post by als57 on Mar 29, 2015 8:01:05 GMT -5
Excellent point,other than Mr. Mann, the only shares owned by management are "freebie" options shares! I don't see this as a vote of confidence, but management hanging onto Mr. Mann's coattails to stay on the dole!
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Post by babaoriley on Mar 29, 2015 11:31:42 GMT -5
Hate to have a strong opinion, as I usually do not, but this R/S topic does not make for an interesting discussion. There will be no reverse split. If a reverse split could cause a short squeeze, there would be a lot more reverse splits. End of story and should be end of thread. Indeed. But what's your take on buyback vs. dividend? Both assume company would be getting real revenue. In your opinion (as rare as it is) - Which would have more positive impact, and which more likely to happen if they start rolling in the green? Or are they apt to not do anything like this? My guess, most likely, they do neither (assuming they still look to be acquired, the cash is attractive). Next, they declare a dividend, which would be much appreciated, if, indeed, they become a cash making machine, which they could between Afrezza and licensing Technosphere. Without the dividend, they could blow money on who knows what, especially without Al at the helm.
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Post by mapotofu10 on Mar 31, 2015 0:26:45 GMT -5
Question 1) What is the status of the stored insulin ? Question 2) Progress on approvals in other countires ?
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Post by bospenc on Mar 31, 2015 17:14:13 GMT -5
This subject should be renamed to "reverse stock split".
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Post by coco on Mar 31, 2015 18:52:22 GMT -5
I can't even conceivably entertain the idea of a reverse stock split.
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Post by pmikeks on Mar 31, 2015 19:03:35 GMT -5
Hakan the supposed President and CEO sold more stock today. Should ask the moron why he is an officer in a company he doesn't care about. Make me wonder who ties the idiots shoes!
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Post by lynn on Mar 31, 2015 19:08:32 GMT -5
You beat me to the punch ! It was < 75,000 shares & he still holds over a million shares if I read it correctly . Is this for tax purposes ? It's end of quarter & a cpl weeks from April 15th . You all know more than me but this makes sense to be a sale for taxes rt ?
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Post by BD on Mar 31, 2015 19:14:02 GMT -5
lynn, that's one way to raise money to pay taxes...another way would be to pay it out of what you earned in salary. I would much prefer to see Hakan (or any insider) sell enough shares after exercising options to pay for the tax liability from the option transaction itself, but no more than that. All the GMCR insiders do that; they'll acquire 1000 shares and then immediately sell 300-400, to cover that tax hit. I can live with that. I'm less forgiving about the way the MNKD-ers do it. Although, I guess it could be worse, and they could sell even more than what just vested. Sigh.
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Post by pmikeks on Mar 31, 2015 19:18:01 GMT -5
You beat me to the punch ! It was < 75,000 shares & he still holds over a million shares if I read it correctly . Is this for tax purposes ? It's end of quarter & a cpl weeks from April 15th . You all know more than me but this makes sense to be a sale for taxes rt ? I'd like to think you are right but it has happened so often it's ridiculous. SNY should insist on a change of management....if that were possible, but we have zip! As smart as Al Mann is it amazes me he has so many stupid people working for him.
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Post by u1682002 on Mar 31, 2015 19:49:42 GMT -5
Hakan raised more fund from the latest sale than the need for his tax considering his 1.18mil/year salary. There must be some tax deduction from his monthly paycheck already. It is understandable that everyone may need some extra money for some special projects from time to time. I do not think this sale have anything time to do with the vote of confidence of MNKD stock. However, it is very frustrating that the shorts know how to coordinate their hit pieces with this kind of events to bring the down the stock prices. The future is MNKD seems very bright but the health of MNKD financial status is still fragile. We need to stabilize this stock and hopefully get a sound short squeeze on this stock. When this happens, MNKD can raise more fund at the short expenses (rather our die-hard MNKd longs)to establish a long-term financial stability.
Even Diane said she will be embarrassed to raise such a question during the ASM, I hope there are some participants who with thick enough skin can represent many of us to raise this concern.
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Post by ezmit on Apr 1, 2015 9:22:27 GMT -5
Shareholder value. Shareholder value. Shareholder value. This needs to be brought up at some point.
This is an "Annual SHAREHOLDERS meeting" after all. Unfortunately I'm on the other side of the country and won't be there.
I usually never care about insider sales but the execs have been more than generous to themselves considering stock performance.
Still long(2 years) and would like to start seeing some returns on this investment.
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