|
|
Post by joeypotsandpans on Apr 8, 2015 5:48:21 GMT -5
From yesterday's "lightning round" LOL: Lightning Round: I'm not a believer in this Abigail Stevenson | @a_StevensonCNBC 11 Hours Ago CNBC.com 9 SHARES 4 COMMENTSJoin the Discussion It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks: Mannkind Corp: "Your patience should wear thin, and that's why you should sell it! I'm not a believer in Mannkind." What a TOOL....pun intended !! Just wanted to mark this statement from the puppet....reminds me of the day he recommended selling Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM) just before Takeda announced their intent to acquire it.....I should know as I was the caller on the show asking about it when I knew how successful Velcade was doing at the time I asked him....see following: www.takeda.com/news/2008/20080410_3611.htmlshould be fairly soon for the last washout imo  |
|
|
|
Post by kball on Apr 8, 2015 7:44:24 GMT -5
Dude gives me a rash and may be a coke whore.
Certainly appears he's on something
|
|
|
|
Post by petech on Apr 8, 2015 9:15:00 GMT -5
Not in the least is my patience wearing thin. The Fidelity MNKD "DRIP" paid off so that I was about to buy yesterday but held off. Now that Cramer himself (rather than his boy-wonder sidekick) tried to knock this down (and failed)....I'm starting to get really comfortable that we've hit a bottom. I was thinking we might break 5...but now I think we don't. I'll be adding some more in the very near future. Thanks Jim for letting me know shorts have jumped the shark. Looking ahead we have Sanofi reporting soon, then MNKD after that. While I don't see that as a major catalyst, we are going to start to get some insight...and I know us shareholders are going to pepper leadership with questions at the ASM. There is absolutely zero doubt in my mind the drug works. Zero. That's what this comes down to; filtering out all the noise. Does your drug work? Yes...anecdotal evidence indicates it is the sea change Al promised us it would be. So I'm good waiting for the tide to come in. In this quarter I see the 2 lines coming online and DTC advertising happening. In August if not sooner I see MNKD refinancing that horrible BOA debt and removing the short shares from the market. Before the end of the year, I would expect the 12U cartridge to be available. And throughout it all, a growing uptrend of sales. I don't know if there will be a "holy sh_t" moment of a buyout/partnership/unexpected massive sales report...but it could happen. Could the follow up trials produce a massive concern? Could Sanofi be sandbagging us to get us to fail? Yes...but on balance, the good FAR outweigh the bad in potential AND probability. In the past, this was the exact opposite. The "holy sh_t" moments I feared were of the opposite variety: trials not meeting endpoints/FDA rejecting/more dilution/trials not enrolling/Protocol not allowing Afrezza to show its true potential, etc. I knew they might partner at any time, or some major investor could buy in, or something of the like. But the bad outweighed the good in probability and possibility. But I knew the drug was going to work incredibly well and it would end up saving lives if it got approved...and that was good enough for me to live through all of that (never having sold a share/only added). It was fighting a institution that made a lot of money poorly meeting people's health needs, and I was betting on David (and not the giant)...but David needed to win this fight for the sake of millions of people...so I kept at it. Now that the tables have turned, I like where the investment is a lot more...but I love that patients are having life changing (for the better) experiences with Afrezza...with some saying they felt "cured." We've already won this fight, guys. It'll become more obvious in the future. And a not-too-distant-one at that. |
|
|
|
Post by jpg on Apr 8, 2015 11:59:06 GMT -5
From yesterday's "lightning round" LOL: Lightning Round: I'm not a believer in this Abigail Stevenson | @a_StevensonCNBC 11 Hours Ago CNBC.com 9 SHARES 4 COMMENTSJoin the Discussion It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks: Mannkind Corp: "Your patience should wear thin, and that's why you should sell it! I'm not a believer in Mannkind." What a TOOL....pun intended !! Just wanted to mark this statement from the puppet....reminds me of the day he recommended selling Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM) just before Takeda announced their intent to acquire it.....I should know as I was the caller on the show asking about it when I knew how successful Velcade was doing at the time I asked him....see following: www.takeda.com/news/2008/20080410_3611.htmlshould be fairly soon for the last washout imo Hi Joey, 2 questions: There may be a weird protection on having so many shares leant out: if anyone wants to sell their shares they have to get them back from shorts which forces the short to buy shares or simply borrow more shares which raises price and attracts more people to lend their shares. Does this make sense? There was speculation about a block trade of 500000 shares yesterday being a good thing or simply being neutral. Why would anyone sell 500000 shares as one block? Are there not much more efficient ways of selling shares and maximizing profit? Would such a large trade not be more to overwhelm price and crater price then to maximize selling profit? Would another party picking up a 500000 block also not be a sign of someone with substantial means wanting a big number (of possibly short sale) shares? If my understanding of the sale is correct would that not be a positive thing? |
|
|
|
Post by joeypotsandpans on Apr 8, 2015 13:12:32 GMT -5
From yesterday's "lightning round" LOL: Lightning Round: I'm not a believer in this Abigail Stevenson | @a_StevensonCNBC 11 Hours Ago CNBC.com 9 SHARES 4 COMMENTSJoin the Discussion It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks: Mannkind Corp: "Your patience should wear thin, and that's why you should sell it! I'm not a believer in Mannkind." What a TOOL....pun intended !! Just wanted to mark this statement from the puppet....reminds me of the day he recommended selling Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM) just before Takeda announced their intent to acquire it.....I should know as I was the caller on the show asking about it when I knew how successful Velcade was doing at the time I asked him....see following: www.takeda.com/news/2008/20080410_3611.htmlshould be fairly soon for the last washout imo Hi Joey, 2 questions: There may be a weird protection on having so many shares leant out: if anyone wants to sell their shares they have to get them back from shorts which forces the short to buy shares or simply borrow more shares which raises price and attracts more people to lend their shares. Does this make sense? There was speculation about a block trade of 500000 shares yesterday being a good thing or simply being neutral. Why would anyone sell 500000 shares as one block? Are there not much more efficient ways of selling shares and maximizing profit? Would such a large trade not be more to overwhelm price and crater price then to maximize selling profit? Would another party picking up a 500000 block also not be a sign of someone with substantial means wanting a big number (of possibly short sale) shares? If my understanding of the sale is correct would that not be a positive thing? Having such a large SI puts a natural floor/support/bid whichever way you want to term it under the s/p, I've mentioned before in the TA thread that is a natural component in establishing support/resistance/price pivots just as longs percentage of float and their price points as well. The extended/possibly overextended amount of "borrowed shares" I've compared to a sling shot that keeps getting pulled back further and further as the SI continues to move up with limited long liquidation. With reference to your first question, if someone who has lent shares out decides to exit their position, they are liquidating long shares and thus freeing those shares up theoretically to a new long, I say theoretically because that new long may in fact just be someone making a market and you wouldn't know to who, where, when they get transferred to another entity. Which leads me to your second question...what time did that 500k block trade occur, was it during normal trading or AH? (don't have time to look it up right now) but if I had to guess it was a one desk transaction with another desk under the same firm/umbrella or "friendly connected" in some fashion. I will say this however, the reference he made to "patience is wearing thin" could be construed to the other side that is having to continue to pay to maintain or add to their position...at least that is more or less instantaneously how I interpreted it when I saw it. Couple that with recent posts that are nothing short of comical imo on this board and I get reassured that the pressure continues to mount and not for the longs unless they are on margin or have options with shorter term expirations  |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Apr 8, 2015 20:20:18 GMT -5
FWIW, the 500,000 block was for an option trade. Ive been speculating on this with a few others about what this is.
|
|
