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PPS
Jun 28, 2018 9:29:31 GMT -5
Post by myocat on Jun 28, 2018 9:29:31 GMT -5
With all the postivive news, investors conf, TV ads and all, the PPS is still being pushed down.
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Post by matt on Jun 28, 2018 9:46:18 GMT -5
With all the postivive news, investors conf, TV ads and all, the PPS is still being pushed down. I think the PPS is going down because of the investor conference. It is no secret that the company needs to raise more money and that it is preparing to do so. As PIPE transactions almost always involve a price discount of at least 10%, and often far more, some people might be exiting until they see where the funding is priced. Holding an investor conference and trumpeting new information like STAT will help keep the price as high as possible, but be realistic and expect that there will still be a discount. I expect few of those attending yesterday's session were there because they wanted to buy on the open market rather they were there to evaluate taking a piece of the next raise.
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PPS
Jun 28, 2018 9:56:54 GMT -5
Post by awesomo on Jun 28, 2018 9:56:54 GMT -5
With all the postivive news, investors conf, TV ads and all, the PPS is still being pushed down. I think the PPS is going down because of the investor conference. It is no secret that the company needs to raise more money and that it is preparing to do so. As PIPE transactions almost always involve a price discount of at least 10%, and often far more, some people might be exiting until they see where the funding is priced. Holding an investor conference and trumpeting new information like STAT will help keep the price as high as possible, but be realistic and expect that there will still be a discount. I expect few of those attending yesterday's session were there because they wanted to buy on the open market rather they were there to evaluate taking a piece of the next raise. Not just people exiting, it’s a pretty safe short knowing dilution is eminent.
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Post by MnkdWASmyRtrmntPlan on Jun 28, 2018 11:09:00 GMT -5
I think the PPS is going down because of the investor conference. It is no secret that the company needs to raise more money and that it is preparing to do so. As PIPE transactions almost always involve a price discount of at least 10%, and often far more, some people might be exiting until they see where the funding is priced. Holding an investor conference and trumpeting new information like STAT will help keep the price as high as possible, but be realistic and expect that there will still be a discount. I expect few of those attending yesterday's session were there because they wanted to buy on the open market rather they were there to evaluate taking a piece of the next raise. Not just people exiting, it’s a pretty safe short knowing dilution is eminent. I humbly disagree that shorting MNKD is safe.
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Post by sportsrancho on Jun 28, 2018 11:14:14 GMT -5
Not just people exiting, it’s a pretty safe short knowing dilution is eminent. I humbly disagree that shorting MNKD is safe. Wouldn't they be surprised if Mike PR a piece a good news:-)
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Post by babaoriley on Jun 28, 2018 11:20:51 GMT -5
I humbly disagree that shorting MNKD is safe. Wouldn't they be surprised if Mike PR a piece a good news:-) Ha, so would I, Sports!!
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Post by goyocafe on Jun 28, 2018 11:27:16 GMT -5
I humbly disagree that shorting MNKD is safe. Wouldn't they be surprised if Mike PR a piece a good news:-) How about debt financing at market interest rates with a royalty sweetener. For every 50 million loaned, the lender receives 1% royalties on gross sales of TrepT in addition to standard interest rates and repayment schedule. I’m just throwing numbers around, but you get the gist.
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Post by celo on Jun 28, 2018 11:35:43 GMT -5
Mannkind has a Deerfield loan payment coming up in July. Probably will be paid with shares and then as they have historically done, Deerfield will sell them. It has been pretty obvious the stock has been capped at 2.00 while Deerfield relinquishes their shares. At least institutions are buying up shares as their ownership seems to be increasing (basically picking up the Deerfield slack). There will be better days. Everything is going in the right direction. I would just assume in the short term (until late September to early October), barring some excellent bit of news, somewhere around 2 dollar is are home.
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Post by awesomo on Jun 28, 2018 11:55:12 GMT -5
Not just people exiting, it’s a pretty safe short knowing dilution is eminent. I humbly disagree that shorting MNKD is safe. The only real threat in the short term is a strong partnership. Scripts are clearly going to take much longer to have a chance of gaining enough traction.
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Post by lojothehus on Jun 28, 2018 11:56:17 GMT -5
I humbly disagree that shorting MNKD is safe. Wouldn't they be surprised if Mike PR a piece a good news:-) I agree Sports and I hope that Mike will soon do so like perhaps tomorrow after impressive script numbers??? Wishful thinking or reality?
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PPS
Jun 28, 2018 11:57:15 GMT -5
Post by MnkdWASmyRtrmntPlan on Jun 28, 2018 11:57:15 GMT -5
I humbly disagree that shorting MNKD is safe. The only real threat in the short term is a strong partnership. Scripts are clearly going to take much longer to have a chance of gaining enough traction. Not according to Mike's projections ... which he has reiterated that he stands by.
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Post by sportsrancho on Jun 28, 2018 13:54:59 GMT -5
Wouldn't they be surprised if Mike PR a piece a good news:-) I agree Sports and I hope that Mike will soon do so like perhaps tomorrow after impressive script numbers??? Wishful thinking or reality? I’ve been wrong on scripts every week:-( but the stat study has been released now, the sales people have new stuff to work with, time for a partnership with a CGM company!
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Post by mytakeonit on Jun 28, 2018 14:03:31 GMT -5
Script numbers should be increasing by end of July or mid August. Give the endos time to test Afrezza.
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Post by kite on Jun 28, 2018 14:06:33 GMT -5
Script numbers should be increasing by end of July or mid August. Give the endos time to test Afrezza. Fourth of July next week is going to be a mess with a holiday right in the middle of the week. Many people at my office will either be taking the beginning of the week or end of the week off.
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Post by mytakeonit on Jun 28, 2018 14:09:24 GMT -5
kite - spread the kite report news around and get MNKD stock price up. Then you can retire and not worry about holidays ... because everyday will be a holiday.
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