Post by straightly on Dec 20, 2017 12:47:41 GMT -5
What really matter for MNKD right now is scripts and cash.
For scripts, in Mike we trust and there is nothing much else I can do.
For cash, I swindled a bunch recently catching the falling knife named MNKD. If you were like me, you had also. Adding insult to injury, the shorts are probably laughing at us on their way to the bank.
I wish the cash I spent were to MNKD instead of the shorts.
Can that be done? I know mine is too little to be of any significance. But:
Can MNKD be persuaded to open the ATM to us?
If not, can we setup a trust/custodial account of some sort so we can aggregate the money we are willing to spend buying MNKD from MNKD?
Doing so can be meaningful. At least, IF MNKD has to sell any shares, we can be participants in the offering, taking advantage of whatever X% discount offered, and not become “victim” of dilution.
Think of it: If MNKD got $10M this way, it would have removed the leverage our bond holders had over us, our sp could have stayed above $3.25, and that would have been more incentives for the conversion to happen and even at price higher than $3.25.
Would you be interested? Is it possible?
For scripts, in Mike we trust and there is nothing much else I can do.
For cash, I swindled a bunch recently catching the falling knife named MNKD. If you were like me, you had also. Adding insult to injury, the shorts are probably laughing at us on their way to the bank.
I wish the cash I spent were to MNKD instead of the shorts.
Can that be done? I know mine is too little to be of any significance. But:
Can MNKD be persuaded to open the ATM to us?
If not, can we setup a trust/custodial account of some sort so we can aggregate the money we are willing to spend buying MNKD from MNKD?
Doing so can be meaningful. At least, IF MNKD has to sell any shares, we can be participants in the offering, taking advantage of whatever X% discount offered, and not become “victim” of dilution.
Think of it: If MNKD got $10M this way, it would have removed the leverage our bond holders had over us, our sp could have stayed above $3.25, and that would have been more incentives for the conversion to happen and even at price higher than $3.25.
Would you be interested? Is it possible?