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Post by straightly on Jan 31, 2018 15:54:05 GMT -5
And of course I don't.
But if somebody did, unlike me, and want to invest in MNKD like me, which way will be better?
Buy shares from the company at $6. Pros: make MNKD stronger with its cash position. Cons: May not feel great if SP stay below $6. Likely result: boost MNKD above $6.
Buy shares on the open market. Pros: May get a bigger portion of the company with less money. Cons: May trigger squeeze and end up getting shares above $6 per. Likely result: boost MNKD beyond $6.
It it were you, what would you do? Do you speculate the result will differ from mine?
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Post by Deleted on Jan 31, 2018 16:01:43 GMT -5
I'm personally still too 'green' to suggest that my recommendation would be well-educated. This said, off the bat, my gut would be to buy open market via limit order to get max shares; this said, I would anticipate that to dip the share value below my purchase range, before an increase arrived via volume attentions reaching those w/ ear to ground.
Now, if you buy direct from MNKD, you might have leverage to negotiate special terms, which you would lose out on by opting to go the other route. I'd would run out my ground balls on personal research, by due diligence on both fronts as to pros/cons. Make the call to MNKD and get the specifics so you know everything before making a choice to go either way. If you can stabilize MNKD, and push share value growth, by working direct with them: win/win across the board for all parties including outside share holders. Sure would be nice of ya (or your hypothetical friend)!
I wonder if the volume traction from a series of large unit limit purchases, w/ decreasing price; would lead to an equal or greater volume spike/gain, from your original limit purchase point as the share-value's spike base? (As in, control pulling the price down to X, in order to entice new buyer volume to push price up to XX, or XXX) I don't know the answer; but it's a nice thought.
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Post by buyitonsale on Jan 31, 2018 16:14:51 GMT -5
We already witnessed that share price did not stay above 6 after that offering.
That is because most likely the shares were sold or lent.
Anyone with enough money to buy 10% of shares or more can easily buy at the market overtime by being discreet and using limit orders of 10K to 20K at a time on any down movement.
On bigger slides a market order can be used and block size increased.
In fact, you can probably buy 25M shares in 60 days that way without raising the price.
Holding those shares for 1 year or so will be very profitable to the investor and very beneficial to MNKD.
So, all that is missing is someone with money who cares enough to help this company.
I keep hoping that someone exists.
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Post by mnkdfann on Jan 31, 2018 16:16:33 GMT -5
And of course I don't. But if somebody did, unlike me, and want to invest in MNKD like me, which way will be better? Buy shares from the company at $6. Pros: make MNKD stronger with its cash position. Cons: May not feel great if SP stay below $6. Likely result: boost MNKD above $6. Buy shares on the open market. Pros: May get a bigger portion of the company with less money. Cons: May trigger squeeze and end up getting shares above $6 per. Likely result: boost MNKD beyond $6. Several days ago over 38 million shares were purchased on the open market (by a variety of buyers, presumably), and the price never went above $4.05. That was a lot more than $60 million being invested. So I have doubts that $60 million worth of shares being purchased (especially via your second option) would send it over $6 in the current environment. Especially if the buys were spread over a couple of days. In the first option, a purchase that size directly from Mannkind would only add about 0.40 (ball-park) value to each outstanding share. Any bump would be modest, and I'm not sure how long it would last unless something else transpired subsequently. |
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Post by jonny80s on Jan 31, 2018 17:09:20 GMT -5
10/90 whether it is going to be dilution or partnership that will supply funding for the next few years (90% being dilution). Best bet would be to wait for the, apparent, dilution announcement and buy the selloff.
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Post by traderdennis on Jan 31, 2018 17:13:27 GMT -5
And of course I don't. But if somebody did, unlike me, and want to invest in MNKD like me, which way will be better? Buy shares from the company at $6. Pros: make MNKD stronger with its cash position. Cons: May not feel great if SP stay below $6. Likely result: boost MNKD above $6. Buy shares on the open market. Pros: May get a bigger portion of the company with less money. Cons: May trigger squeeze and end up getting shares above $6 per. Likely result: boost MNKD beyond $6. It it were you, what would you do? Do you speculate the result will differ from mine? Yes straightly, I don't believe that your speculation above is correct, that an investor(s) in October purchased shares through MNKD direct placement to hold a position. 1. 100% debunked that one investor purchased and held due to know beneficial statement of ownership was ever released. 2. If a group of investors or fund, made a purchase like described above, most likely they would of requested a board seat in exchange for making a 60MM purchase. The likely event was Deerfield and others shorting the stock above $6 and covering with direct placement shares. Retail now owns those shares. Many if not a large marjority of those shares were put into the borrow pool for others to short the stock. There has been plenty of opportunity to get a much larger stake of MNKD by making consistent open market purchases over a short to longer time frame at a VWAP of $3 or less. |
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Post by boca1girl on Jan 31, 2018 17:30:52 GMT -5
And of course I don't. But if somebody did, unlike me, and want to invest in MNKD like me, which way will be better? Buy shares from the company at $6. Pros: make MNKD stronger with its cash position. Cons: May not feel great if SP stay below $6. Likely result: boost MNKD above $6. Buy shares on the open market. Pros: May get a bigger portion of the company with less money. Cons: May trigger squeeze and end up getting shares above $6 per. Likely result: boost MNKD beyond $6. It it were you, what would you do? Do you speculate the result will differ from mine? Yes straightly, I don't believe that your speculation above is correct, that an investor(s) in October purchased shares through MNKD direct placement to hold a position. 1. 100% debunked that one investor purchased and held due to know beneficial statement of ownership was ever released. 2. If a group of investors or fund, made a purchase like described above, most likely they would of requested a board seat in exchange for making a 60MM purchase. The likely event was Deerfield and others shorting the stock above $6 and covering with direct placement shares. Retail now owns those shares. Many if not a large marjority of those shares were put into the borrow pool for others to short the stock. There has been plenty of opportunity to get a much larger stake of MNKD by making consistent open market purchases over a short to longer time frame at a VWAP of $3 or less. Did you forget about the shares our Chairman bought at $6? Another thing to consider are the 10M preferred shares. If I had $60M, and was confident in MNKD’s success, I would negotiate for those shares at a good conversion price and maybe collect dividends along the way. |
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Post by uvula on Jan 31, 2018 17:44:15 GMT -5
If you buy on the open market you are not helping the company. Shares are just moving from person to person.
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Post by tarheelblue004 on Jan 31, 2018 18:05:41 GMT -5
^ exactly. Aside from SP at purchase, the (60) million dollar difference between the scenarios is that in scenario 1, MannKind gets $60M and in sceanrio 2, they do not. This would impact valuation.
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Post by seanismorris on Jan 31, 2018 18:23:51 GMT -5
If I had $60 million I wouldn’t be messing with the stock market at all.
Buying MNKD is all emotional right now. We’re still looking at dilution and scripts aren’t where they need to be.
From an investment standpoint, I want to see the stock above $5 and Institutional investors getting back in.
If I had a billion, sure I’d invest $90 million but I’d want a seat on the Board. Without that... transparency is a issue.
If I had that kind of money, I obviously wouldn’t be buying on the open market.
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Post by Deleted on Jan 31, 2018 18:24:41 GMT -5
I think what he is getting at is the potential for cause and effect. Investing 60MM in open market should attract additional, outside volume. Regardless of if 60MM comes at an undercut, or an overcut, on share prices. When outsider buyers see $60MM volume, they attribute that to a 'bull' play. A major player who sees stability around the price range in which they purchased. This makes them second guess their, 'maybe I shouldn't buy in just yet' notions.
It's the same concept as, when a large volume seller sells their shares for cheap. The effect is, other share holders initially panic.
But, in this scenario; regardless of how someone purchases 60MM in volume of MNKD - to outsiders, that is an indication of a large player, who thinks they are making a smart purchase at X dollars per share. Can help SP to achieve a new bottom line base, on market; even w/o intrinsic company growth. The more owners/investors, the more stable the company.
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Post by seanismorris on Jan 31, 2018 18:31:01 GMT -5
I think what he is getting at is the potential for cause and effect. Investing 60MM in open market should attract additional, outside volume. Regardless of if 60MM comes at an undercut, or an overcut, on share prices. When outsider buyers see $60MM volume, they attribute that to a 'bull' play. A major player who sees stability around the price range in which they purchased. This makes them second guess their, 'maybe I shouldn't buy in just yet' notions. It's the same concept as, when a large volume seller sells their shares for cheap. The effect is, other share holders initially panic. But, in this scenario; regardless of how someone purchases 60MM in volume of MNKD - to outsiders, that is an indication of a large player, who thinks they are making a smart purchase at X dollars per share. Can help SP to achieve a new bottom line base, on market; even w/o intrinsic company growth. The more owners/investors, the more stable the company. If you have $90 million in MannKind propping up the share price isn’t your focus. That’s to ‘short term’ thinking with an investment that size, you’re betting on MannKind being a major player or acquired years from now. |
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Post by babaoriley on Jan 31, 2018 18:35:23 GMT -5
I think that the way Congress and the President finally come out on the "Dream Act" may be important to the outcome of this thread.
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Post by Deleted on Jan 31, 2018 18:37:20 GMT -5
I think what he is getting at is the potential for cause and effect. Investing 60MM in open market should attract additional, outside volume. Regardless of if 60MM comes at an undercut, or an overcut, on share prices. When outsider buyers see $60MM volume, they attribute that to a 'bull' play. A major player who sees stability around the price range in which they purchased. This makes them second guess their, 'maybe I shouldn't buy in just yet' notions. It's the same concept as, when a large volume seller sells their shares for cheap. The effect is, other share holders initially panic. But, in this scenario; regardless of how someone purchases 60MM in volume of MNKD - to outsiders, that is an indication of a large player, who thinks they are making a smart purchase at X dollars per share. Can help SP to achieve a new bottom line base, on market; even w/o intrinsic company growth. The more owners/investors, the more stable the company. If you have $90 million in MannKind propping up the share price isn’t your focus. That’s to ‘short term’ thinking with an investment that size, you’re betting on MannKind being a major player or acquired years from now. Right. But that doesn't matter on cause and effect. When 60MM gets invested; regardless of how cheap, or expensive, those shares were sold for; that generates investment 'buzz'; and new blood comes to the table. Get on the board w/ your 60MM, for whatever purposes; it should bump short term bottom line on stock price. |
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Post by peppy on Jan 31, 2018 18:38:13 GMT -5
I think that the way Congress and the President finally come out on the "Dream Act" may be important to the outcome of this thread. I am here to help. did you see stormy? Was she wearing her ass on her chest? "Dream Act." |
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