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Post by centralcoastinvestor on Mar 1, 2021 18:23:55 GMT -5
Volume at the half day of trade. Real time, 4,581,621 Summary, 8,348,719 4.7184. -0.9916 (-17.366%) As of 12:45PM EST. Market open. The market isn't liking this much. MNKD Nasdaq real time volume, 17,704,379 shares. MNKD Nasdaq summary volume, 28,651,201 shares. Avg. Volume 5,237,998 $4.01. -1.7000 (-29.77%) At close: 4:00PM EST That was chitty, 30% on heavy volume with price going the wrong way. And 65% short volume today. This was a manufactured drop.
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Post by longliner on Mar 1, 2021 18:41:49 GMT -5
The shorts have been manipulating this stock for years and years. I hope they burn for it. The shorts are a bunch of low life leaches that attach themselves to a stock and try to bleed the company into bankruptcy. Thankfully they will not succeed with this stock. Today sucks but thankfully the shorts will not win the war on this stock. So I completely disagree with you as I do most of your posts. Remember the "thoughtful" posts on here over the years about how abusive naked shorting didn't exist.....not seeing so much of that since GME nudists got caught with their bum hanging out. To soon?
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Post by cretin11 on Mar 1, 2021 19:00:18 GMT -5
The shorts have been manipulating this stock for years and years. I hope they burn for it. The shorts are a bunch of low life leaches that attach themselves to a stock and try to bleed the company into bankruptcy. Thankfully they will not succeed with this stock. Today sucks but thankfully the shorts will not win the war on this stock. So I completely disagree with you as I do most of your posts. Yeah well, your beloved Mike C just gave shorts a massive handout. awesomo you know the playbook with some on here: whenever share price goes down it is simply because of the nefarious and hidden shorts, including those lurking on this site (you? me? baba? anyone else who dares post any criticism?), never because of a dilutive action taken by the company or any other reason.
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Post by peppy on Mar 1, 2021 19:00:48 GMT -5
The monthly looks like a toilet with the tank on the left. even funnier now. support and resistance on the first trading day of the month.
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Post by olebob1 on Mar 1, 2021 19:07:15 GMT -5
I've bought back most of the shares I sold in the upper 5's and over 6. I'm assuming this is a 1-day attack, although I think we'll need some new/good news to get the stock over 6 again That is a pretty nice move for a casual investor! Just think what you could do if you put your heart into it! Congrats on a smart play!
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Post by hellodolly on Mar 1, 2021 19:15:22 GMT -5
Yeah well, your beloved Mike C just gave shorts a massive handout. awesomo you know the playbook with some on here: whenever share price goes down it is simply because of the nefarious and hidden shorts, including those lurking on this site (you? me? baba? anyone else who dares post any criticism?), never because of a dilutive action taken by the company or any other reason. I think the GME fiasco showed just how being "nefarious, hidden and lurking' can jeopardize one's financial well being. I don't think for a minute any of you are die hard shorts....you have to have diamond balls to do that as the risk is unlimited. Some posters here strike me as more of the 'retail' mom and pop crowd, "opportunistic bunch", the working stiffs in Midtown and Uptown don't waste their time on five dollar stock message boards.
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Post by sportsrancho on Mar 1, 2021 19:24:05 GMT -5
Doesn’t matter what brought the share price down or what was manipulated, it was a blindside, which damages the technicals and damages the sentiment. The leaseback gave the look of not needing money at this time. Of course that’s why they go to Wainwright and the like...they go to raise money and make deals after the conference but usually that takes three weeks so this seems to be a different circumstance.
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Post by porkini on Mar 1, 2021 19:53:47 GMT -5
The monthly looks like a toilet with the tank on the left. even funnier now. support and resistance on the first trading day of the month. A flush, to empty the bowl, to keep it from overflowing!? Prolly not a chart thing...
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Post by longliner on Mar 1, 2021 19:57:54 GMT -5
Remember the "thoughtful" posts on here over the years about how abusive naked shorting didn't exist.....not seeing so much of that since GME nudists got caught with their bum hanging out. To soon? As long as the setting is appropriate, nudists don't mind getting caught with their bum hanging out. That takes me back to Zuma beach! I'm not sure how to get a cup and ladle out of this so.......back to topic!
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Post by u1682002 on Mar 1, 2021 20:10:39 GMT -5
I have to say Today’s announcement seems to me either designed purposely to drive down the sp for some big players to move in and drive out small investors or really bad communication from MNKD to Wall Street to protect small investors interests. Today’s MNKD stock price action should be easily predicted by MNKD management with this kinda of announcement with little details. MNKD management team could have either properly prepared investors during last weeks conference calls or make an announcement with much more details so Wall Street short can not take advantage of this kind of communication.
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Post by letitride on Mar 1, 2021 20:35:42 GMT -5
This is Bio tech 30% to be expected. Remember the run to 7.86 the other night. The end game remains the same but bigger. Lets Go!
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Post by sluggobear on Mar 1, 2021 20:53:51 GMT -5
Doesn’t matter what brought the share price down or what was manipulated, it was a blindside, which damages the technicals and damages the sentiment. The leaseback gave the look of not needing money at this time. Of course that’s why they go to Wainwright and the like...they go to raise money and make deals after the conference but usually that takes three weeks so this seems to be a different circumstance. "The leaseback gave the look of not needing money at this time." Sports - I saw it very differently. The leaseback seems to be an act of desperation, albeit intended to extend life as a bridge until hoped-for future revenues. The leaseback is not as painful short-term for shareholders (being non-dilutive) but any established biotech that is selling its manufacturing facility for operating funds is on its last legs.
Maybe the miracle will continue and MNKD stays alive...but the reason for all this is that Afrezza has not been successful as a prandial insulin product.
You're probably closest to the typical Afrezza consumer - what are the barriers (still)?
Is it too hard to convince docs to consider it? Is it too hard to get insurance coverage with the PA? W/out ins coverage, is it far too expensive for a cash pay patient? A combination of these or all of the above?
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Post by oldfishtowner on Mar 1, 2021 20:59:42 GMT -5
Volume at the half day of trade. Real time, 4,581,621 Summary, 8,348,719 4.7184. -0.9916 (-17.366%) As of 12:45PM EST. Market open. The market isn't liking this much. MNKD Nasdaq real time volume, 17,704,379 shares. MNKD Nasdaq summary volume, 28,651,201 shares. Avg. Volume 5,237,998 $4.01. -1.7000 (-29.77%) At close: 4:00PM EST That was chitty, 30% on heavy volume with price going the wrong way. So is the volume enough to possibly qualify today as a bottom?
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Post by peppy on Mar 1, 2021 21:06:48 GMT -5
MNKD Nasdaq real time volume, 17,704,379 shares. MNKD Nasdaq summary volume, 28,651,201 shares. Avg. Volume 5,237,998 $4.01. -1.7000 (-29.77%) At close: 4:00PM EST That was chitty, 30% on heavy volume with price going the wrong way. So is the volume enough to possibly qualify today as a bottom? "$100 million from the plant sale/leaseback $150 million plus from a note offering with the stated intent of general operations and funding the pediatric phase 3 trials and development of other product candidates" Let's hope so.
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Post by sportsrancho on Mar 1, 2021 21:45:30 GMT -5
Doesn’t matter what brought the share price down or what was manipulated, it was a blindside, which damages the technicals and damages the sentiment. The leaseback gave the look of not needing money at this time. Of course that’s why they go to Wainwright and the like...they go to raise money and make deals after the conference but usually that takes three weeks so this seems to be a different circumstance. "The leaseback gave the look of not needing money at this time." Sports - I saw it very differently. The leaseback seems to be an act of desperation, albeit intended to extend life as a bridge until hoped-for future revenues. The leaseback is not as painful short-term for shareholders (being non-dilutive) but any established biotech that is selling its manufacturing facility for operating funds is on its last legs.
Maybe the miracle will continue and MNKD stays alive...but the reason for all this is that Afrezza has not been successful as a prandial insulin product.
You're probably closest to the typical Afrezza consumer - what are the barriers (still)?
Is it too hard to convince docs to consider it? Is it too hard to get insurance coverage with the PA? W/out ins coverage, is it far too expensive for a cash pay patient? A combination of these or all of the above?
All three in the order you posted them. And the dosing has not been up to the standards ..it should be, it’s isn’t so people drop off it. Vdex may put out a video of how to inhale it properly which to date has not been done. It’s part of our protocols and some thing that Bill will gladly address to help everyone.
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