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Post by mnkdfann on Feb 5, 2020 13:42:20 GMT -5
Thanks sports, So went from owning 6.4% to 7.2% is an increase of .6% of MNKD. (.6 / 6.4 ) = they increased their holdings by 9.3% almost 10% It is an increase of 0.8. And 0.8 / 6.4 = 12.5.
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Post by mnkdfann on Feb 5, 2020 13:45:29 GMT -5
These are the quarterly filings for the end of December period. Blackrock filed all their SC 13G/A forms today. Because of their tracker ETFs they own over 5% in a ton of companies (I gave up after the first 400). Rising sales of trackers drives rising holdings. As an example Novo Nordisk was 3.03% at the end of September and is now 5.8%. So, you don't think Blackrock is the institutional money Kovacocy said he was luring to the table?
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Post by kc on Feb 5, 2020 13:45:51 GMT -5
Blackrock has their own agenda and you can bet it does not include Bill What do you think their agenda is? To make big money on their investment. They did not add many shares. So I would guess this addition was incidental and means nothing. That is why the price did not go up.
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Post by kc on Feb 5, 2020 13:48:33 GMT -5
These are the quarterly filings for the end of December period. Blackrock filed all their SC 13G/A forms today. Because of their tracker ETFs they own over 5% in a ton of companies (I gave up after the first 400). Rising sales of trackers drives rising holdings. As an example Novo Nordisk was 3.03% at the end of September and is now 5.8%. So, you don't think Blackrock is the institutional money Kovacocy said he was luring to the table? Kovacocy is a fraud. he is a schil , I don’t know his agenda but have had that opinion since he first appeared on the scene.
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Post by ktim on Feb 5, 2020 13:48:34 GMT -5
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Post by Omega on Feb 5, 2020 16:30:16 GMT -5
Thanks sports, So went from owning 6.4% to 7.2% is an increase of .6% of MNKD. (.6 / 6.4 ) = they increased their holdings by 9.3% almost 10% It is an increase of 0.8. And 0.8 / 6.4 = 12.5. Wow I must not have been fully awake. I corrected my post
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Post by agedhippie on Feb 5, 2020 19:08:17 GMT -5
These are the quarterly filings for the end of December period. Blackrock filed all their SC 13G/A forms today. Because of their tracker ETFs they own over 5% in a ton of companies (I gave up after the first 400). Rising sales of trackers drives rising holdings. As an example Novo Nordisk was 3.03% at the end of September and is now 5.8%. So, you don't think Blackrock is the institutional money Kovacocy said he was luring to the table? No.
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Post by matt on Feb 7, 2020 9:11:24 GMT -5
Blackrock and those like them (State Street, Fidelity, etc.) are not institutions per se, but rather a group of funds, each with different rules and investment objectives, that get lumped together for quarterly reporting under the Investment Act of 1940. Some are index trackers, some are proprietary funds where the institution has "cherry picked" their favorite stocks, and some are self-directed individual funds (like IRAs and 401(k)s) that are managed by those institutions on behalf of employer plans. Unless you have visibility to which fund the shares belong to, knowing the total ownership changes for a group of funds is nearly meaningless.
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Post by mango on Feb 8, 2020 12:16:12 GMT -5
Blackrock and those like them (State Street, Fidelity, etc.) are not institutions per se, but rather a group of funds, each with different rules and investment objectives, that get lumped together for quarterly reporting under the Investment Act of 1940. Some are index trackers, some are proprietary funds where the institution has "cherry picked" their favorite stocks, and some are self-directed individual funds (like IRAs and 401(k)s) that are managed by those institutions on behalf of employer plans. Unless you have visibility to which fund the shares belong to, knowing the total ownership changes for a group of funds is nearly meaningless. Bottom line is someone carefully chose to increase ownership in MannKind, it was not randomly performed by some dude at BlackRock sitting behind a desk blindfolded and throwing darts at a list of thousands of small cap biotech companies. LMAO
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Post by ktim on Feb 8, 2020 22:37:57 GMT -5
Blackrock and those like them (State Street, Fidelity, etc.) are not institutions per se, but rather a group of funds, each with different rules and investment objectives, that get lumped together for quarterly reporting under the Investment Act of 1940. Some are index trackers, some are proprietary funds where the institution has "cherry picked" their favorite stocks, and some are self-directed individual funds (like IRAs and 401(k)s) that are managed by those institutions on behalf of employer plans. Unless you have visibility to which fund the shares belong to, knowing the total ownership changes for a group of funds is nearly meaningless. Bottom line is someone carefully chose to increase ownership in MannKind, it was not randomly performed by some dude at BlackRock sitting behind a desk blindfolded and throwing darts at a list of thousands of small cap biotech companies. LMAO I think his point was that there is no way of knowing which type of fund did the adding. It could have been active choice or it could have been tracker on auto pilot. Though it may well be a mix.
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Post by sellhighdrinklow on Feb 10, 2020 15:41:08 GMT -5
i just received another email on a filing.....
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Post by peppy on Feb 10, 2020 15:58:57 GMT -5
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Post by awesomo on Feb 10, 2020 16:34:15 GMT -5
Oh look, it’s our lovely financing “partner” from the Cayman Islands...
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Post by prcgorman2 on Feb 11, 2020 7:13:48 GMT -5
Great insight as usual. Any idea if holdings increased or not?
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Post by casualinvestor on Feb 11, 2020 9:09:48 GMT -5
They are reporting 4.9% of Class (10,646,115 shares)
Going back to the warrants, CVI has 11,750,000 in warrants, and they (I assume) purchased 4,500,000 million shares at 1.311 on Dev 26th.
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