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Post by traderdennis on Jun 22, 2018 16:57:42 GMT -5
At 3.50 EST 4.5 Million shares traded at 3.55 5.6 million shares traded at 3.59 6.5 million at 3:59:59 7.25 million at 4:00 plus a few seconds 19.9 million shares traded I think it likely the Index Funds were traded and included within the first 7.25 million at 3:59:59. The next 11 to 12 million shares may very well be Deerfield.Thanks for the transparency MNKD management. Are you helping Deerfield hose us again? Why would they do that? Why wouldn't they wait until the shares were way above $2 before converting? What would be their rush? Furthermore, if they did convert then I believe the shares would be coming from Mannkind directly and hence not show up in those volume numbers you posted. It is plausible that Deerfield converted. lets say they place a market on close order to sell up to 9.5 million shares for a price up to 2.01. Deerfield wants its principal. Any fill at 2.01 or below and they can just cover with the options at 2.01, they have their principal to lend to another victem.
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Post by radgray68 on Jun 22, 2018 17:31:02 GMT -5
I confess. It was I. GLTA
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