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Post by mannmade on Mar 12, 2019 10:24:39 GMT -5
I understand it is 04.09.19
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Post by sportsrancho on Mar 12, 2019 10:47:17 GMT -5
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Post by jlaw277 on Mar 12, 2019 10:47:37 GMT -5
The two charts below are the 1 year and 5 year, respectively. The 1 year shows we are currently in a channel heading for the long term resistance line that extends out for 5 years as seen in the 5 year chart. The channel and the long term trend line meet at 2.57ish. Breaking downward out of the channel would be a reversal of the trend. Breaking out of the channel or across the long term resistance line would be huge. Exercising of warrants would mean Mannkind would have cash through mid 2020. By then, sales of Trep-T should commence and the long term picture for Mannkind looks a whole lot better. www.tradingview.com/x/9LVVLAVD/www.tradingview.com/x/IIbiLjA2/Do you remember/know what date in April those $2.38 warrants expire? Hope it’s April 1. From the 10-k: "On April 5, 2018, we entered into securities purchase agreements with certain institutional investors. Pursuant to the terms of the purchase agreements, we sold to the purchasers in a registered offering an aggregate of 14,000,000 shares of our common stock and warrants to purchase up to an aggregate of 14,000,000 shares of our common stock at a combined purchase price of $2.00 per share and accompanying warrant. The shares of common stock and the warrants were immediately separable. The warrants became exercisable at a price of $2.38 per share beginning on October 9, 2018 and will expire April 9, 2019. The net proceeds from the offering were approximately $26.4 million. The offering closed on April 9, 2018. On December 19, 2018, we entered into an underwriting agreement with Leerink Partners LLC relating to the issuance and sale in a public offering of 26,666,667 shares of our common stock and warrants to purchase up to an aggregate of 26,666,667 shares of our common stock at a combined purchase price of $1.50 per share and accompanying warrant. The shares of common stock and the warrants were immediately separable. The warrants were immediately exercisable at issuance at a price of $1.60 per share and will expire on December 26, 2019. The net proceeds to us from the offering were approximately $37.5 million. The offering closed on December 26, 2018."
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Post by peppy on Mar 12, 2019 12:02:27 GMT -5
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Post by boca1girl on Mar 12, 2019 12:22:58 GMT -5
From this article it seems that we’ve hit the bottom of the “spring phase” in Dec and it is up from here.
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Post by novafett on Mar 12, 2019 13:25:30 GMT -5
This puppy is rocking today! <snoopy dance>
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Post by seanismorris on Mar 12, 2019 13:29:18 GMT -5
This puppy is rocking today! <snoopy dance> Somebody is excited about something... I like the 5 day chart ; ) It’s not just today.
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Post by peppy on Mar 12, 2019 13:42:23 GMT -5
Do you remember/know what date in April those $2.38 warrants expire? Hope it’s April 1. From the 10-k: "On April 5, 2018, we entered into securities purchase agreements with certain institutional investors. Pursuant to the terms of the purchase agreements, we sold to the purchasers in a registered offering an aggregate of 14,000,000 shares of our common stock and warrants to purchase up to an aggregate of 14,000,000 shares of our common stock at a combined purchase price of $2.00 per share and accompanying warrant. The shares of common stock and the warrants were immediately separable. The warrants became exercisable at a price of $2.38 per share beginning on October 9, 2018 and will expire April 9, 2019. The net proceeds from the offering were approximately $26.4 million. The offering closed on April 9, 2018. On December 19, 2018, we entered into an underwriting agreement with Leerink Partners LLC relating to the issuance and sale in a public offering of 26,666,667 shares of our common stock and warrants to purchase up to an aggregate of 26,666,667 shares of our common stock at a combined purchase price of $1.50 per share and accompanying warrant. The shares of common stock and the warrants were immediately separable. The warrants were immediately exercisable at issuance at a price of $1.60 per share and will expire on December 26, 2019. The net proceeds to us from the offering were approximately $37.5 million. The offering closed on December 26, 2018." MNKD Price may hit $2.39 by April 9th. What then? $2.30 is the next hard resistance level. A 2017 swing low.
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Post by Clement on Mar 12, 2019 13:45:37 GMT -5
My new religion is parabolicism.
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Post by kimi on Mar 12, 2019 13:47:45 GMT -5
TD: nooooooooo. There are so many more profitable ways to make this trade without ever exercising warrants. selling out of the money calls allows for greater profitability than the quarter in both receiving option premium immediately and still having upside on stock appreciation. Shorting at 1.85 and seeing if you can cover below 1.60 without exercising. Read more: mnkd.proboards.com/thread/10382/volume?page=82#ixzz5hz7BBIk4
-------------------------------------------------- And here's another one (false prediction) Please spare us your predictions!!!!
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Post by mytakeonit on Mar 12, 2019 13:55:09 GMT -5
Question - How long before we are back on the NASDAQ ?
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Post by peppy on Mar 12, 2019 13:59:13 GMT -5
Question - How long before we are back on the NASDAQ ? funny honey.
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Post by novafett on Mar 12, 2019 14:00:51 GMT -5
This puppy is rocking today! <snoopy dance> Somebody is excited about something... I like the 5 day chart ; ) It’s not just today. Haha yep! I just had to provide my layman's technical analysis of the situation in case someone wasn't aware
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Post by cannon5974 on Mar 12, 2019 14:03:52 GMT -5
MannKind Corp NASDAQ: MNKD
MNKD
GoSymbol lookup
Health Care : Biotechnology | Small Cap BlendCompany profile
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Post by mytakeonit on Mar 12, 2019 14:33:06 GMT -5
Okay, next question ... since everyone is in a feeding frenzy mode and not thinking ... How long till we are added to the S&P 500?
Mike C is adding float shares ... equity is growing leaps and bounds ... what more do we need?
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