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Post by celo on May 14, 2019 10:28:45 GMT -5
It's legit. Not sure how well regarded it is, but it is a solid international investment bank. www.btig.com/And it looks like the analyst isn't a total tool (unlike some analysts who have covered MNKD in the past) when you look at performance since 2009. www.tipranks.com/analysts/robert-hazlettlinkedin.com/in/robert-bert-hazlett-59455a34 Although his recent record is more hit or miss, he is still a superstar when you compare his history with MK's. Wow..so good to know you compared him to MK. MK said there was a 75% chance of something big happening at the shareholders meeting. His predictions on share price, big news and countless other prognostications seem to always come true.
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Post by sportsrancho on May 14, 2019 10:33:41 GMT -5
Wow..so good to know you compared him to MK. MK said there was a 75% chance of something big happening at the shareholders meeting. His predictions on share price, big news and countless other prognostications seem to always come true. Great we’ve still got like 45 minutes left. I kind of go by my own predictions that there was zero chance of anything happening. They’ve got nothing. Because they won’t entertain the ideas of others.
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Post by awesomo on May 14, 2019 10:35:24 GMT -5
this was a replacement ATM that was expiring. The shares were already reserved for the $2.38 warrants that didn’t exercise. the price was $1.47 I believe. Cantor Fitz...... I believe 1.47 was just the market price when the prospectus was filed, it's just a placeholder for now.
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Post by peppy on May 14, 2019 10:40:04 GMT -5
this was a replacement ATM that was expiring. The shares were already reserved for the $2.38 warrants that didn’t exercise. the price was $1.47 I believe. Cantor Fitz...... I believe 1.47 was just the market price when the prospectus was filed, it's just a placeholder for now. ok. quote from Matt: Finally, don't confuse a $50 million shelf registration with the ability to actually issue $50 million in stock; they are not the same thing. A shelf registration gives permission from the SEC to list shares for trading on the NASDAQ if new shares are issued, but the SEC has no authority to grant the company permission to issue anything. Corporations are creates of the states and the company charter and relevant Delaware law determine how many shares can be issued. The company is almost out of shares although they did get 14 million freed up when the April warrants expired worthless. So the company can sell those 14 million shares under the ATM agreement, but at today's price (minus fees) that would raise less than $18 million. The authorized share count caps the amount of a potential raise, not the SEC shelf registration. Of course the company can always ask the shareholders to authorize more shares, but that takes a special meeting of shareholders and at least 30 days to comply with the relevant legal formalities. Read more: mnkd.proboards.com/user/2019/recent#ixzz5nujKgjyi
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Post by celo on May 14, 2019 10:42:34 GMT -5
I believe 1.47 was just the market price when the prospectus was filed, it's just a placeholder for now. ok. quote from Matt: Finally, don't confuse a $50 million shelf registration with the ability to actually issue $50 million in stock; they are not the same thing. A shelf registration gives permission from the SEC to list shares for trading on the NASDAQ if new shares are issued, but the SEC has no authority to grant the company permission to issue anything. Corporations are creates of the states and the company charter and relevant Delaware law determine how many shares can be issued. The company is almost out of shares although they did get 14 million freed up when the April warrants expired worthless. So the company can sell those 14 million shares under the ATM agreement, but at today's price (minus fees) that would raise less than $18 million. The authorized share count caps the amount of a potential raise, not the SEC shelf registration. Of course the company can always ask the shareholders to authorize more shares, but that takes a special meeting of shareholders and at least 30 days to comply with the relevant legal formalities. Read more: mnkd.proboards.com/user/2019/recent#ixzz5nujKgjyiI'll take Matt over MK on my team, any day.
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Post by celo on May 14, 2019 10:48:01 GMT -5
Interesting 5 year chart. Bounced off of lower boundary. It will be interesting if we test the upper boundary. We keep heading towards the middle. www.tradingview.com/x/ir6I7dkX/
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Post by celo on May 14, 2019 13:19:14 GMT -5
Stock is up nicely on the upgrades. I wonder if traders believed there would be dilution announced and when it wasn't announced, they began buying?
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Post by goyocafe on May 14, 2019 13:28:05 GMT -5
Stock is up nicely on the upgrades. I wonder if traders believed there would be dilution announced and when it wasn't announced, they began buying? Possibly, but I’m highly suspicious of the timing regardless. Someone earning or paying a favor of sorts.
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Post by joeypotsandpans on May 14, 2019 13:31:18 GMT -5
Interesting 5 year chart. Bounced off of lower boundary. It will be interesting if we test the upper boundary. We keep heading towards the middle. www.tradingview.com/x/ir6I7dkX/Take the same chart with Relative Strength and you will see a series of higher lows on the successive selloffs, this is a very washed out stock, thus the influx of armchair qb's and closet cowboys
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Post by celo on May 14, 2019 13:35:58 GMT -5
Stock is up nicely on the upgrades. I wonder if traders believed there would be dilution announced and when it wasn't announced, they began buying? Possibly, but I’m highly suspicious of the timing regardless. Someone earning or paying a favor of sorts. If they diluted now, I believe they could get 50 million for 1$/share. it would then sink us down to past lows since the reverse split. Not a lot of positive momentum for dilution. Mannkind has diluted in the past when they were not in a position of strength.
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Post by peppy on May 16, 2019 16:01:14 GMT -5
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Post by novafett on May 16, 2019 16:02:57 GMT -5
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Post by peppy on May 17, 2019 7:41:27 GMT -5
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Post by peppy on May 21, 2019 7:39:29 GMT -5
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Post by minnlearner on May 21, 2019 8:10:24 GMT -5
Thank you Peppy! Can anyone suggest why the pop? Is it just another 'get yer hopes up' thing? or Is something happening? I don't study this like I used to. I just hold so any comments will be appreciated. thanks.
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