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Post by sportsrancho on Sept 16, 2021 10:32:18 GMT -5
Price going to be pegged at $4.50 for close tomorrow, once again. Will be curious what the options look like for October. I’m buying, adding to, my Nov $6 options. Which are priced like absolutely nothing is going to happen, incredibly cheap, so I’m taking a chance on them. |
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Post by u1682002 on Sept 16, 2021 10:53:37 GMT -5
Price going to be pegged at $4.50 for close tomorrow, once again. Will be curious what the options look like for October. I’m buying, adding to, my Nov $6 options. Which are priced like absolutely nothing is going to happen, incredibly cheap, so I’m taking a chance on them. I know you will be wrong but I follow anyway  |
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Post by peppy on Sept 16, 2021 11:46:34 GMT -5
MNKD volume at 1 hour of trade. real time, 645,313 summary, 1,012,354 Avg. Volume 2,984,431 4.5050. -0.1650. (-3.5332%) As of 10:30AM EDT. Market open. added, volume at 2 hours of trade, real time, 922,241 summary, 1,481,589 4.5100. -0.1600 (-3.4261%) As of 11:30AM EDT. Market open. MNKD Volume at the half day of trade. real time, 1,063,963 shares. Summary. 1,773,623 4.505. -0.165. (-3.5332%) As of 12:45PM EDT. Market open. |
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Post by sr71 on Sept 16, 2021 12:32:33 GMT -5
I’m buying, adding to, my Nov $6 options. Which are priced like absolutely nothing is going to happen, incredibly cheap, so I’m taking a chance on them. I know you will be wrong but I follow anyway For a more conservative play, I found the Nov 4.5/5 Call Spread attractive today, but this is only part of a larger Nov strategy that's way more bullish. |
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Post by mannmade on Sept 16, 2021 14:03:42 GMT -5
So with last reported short interest on this board: Short Interest 8/13/21 : 31,380,956 My question is: With a pending FDA decision on Trep T, due in less than a month on October 15 as I understand it, that most people/investors seem to think will be positive given the previously announced results of the Phase 3 study by UTHR; Why are the shorts not exiting and why is the share price going down...? Does anyone else find it strange...? Oh I forgot this is Mannkind... GLTAL's!!! |
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Post by mymann on Sept 16, 2021 14:48:56 GMT -5
Anyone concerned about the price action less than 4 weeks prior to FDA approval? Sure doesn't act like it's going to be approved.
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Post by sugarland on Sept 16, 2021 15:04:11 GMT -5
No worries. This is nothing. You should have witnessed the manipulation the day of approval.
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Post by mannmade on Sept 16, 2021 15:09:21 GMT -5
There is a lot riding on this moment... After many years, since 2008 for me, this will either make or break Mankind as a company imho and along with it take many long time investors with it either way it goes... I have been here since before Pro-Boards when Liane had started this forum on Agoacom, where I first met Baba. I have lost way more than I will ever make up for with Mannkind, but nonetheless still hold a few shares and am looking for a moral victory with the FDA approval of Trep T. Most people on here have much more at stake at this point, in real dollars and lost opportunity for their many years of loyalty. Everything I have seen so far, except the recent price action and lack of real reduction in the short position, point to an approval. (Eg: Phase 3 results, Uthr paying for expedited aproval, Uthr looking to already expand consumer base/application.) I am not an expert on these things and once thought I knew more about Afrezza and the chances for its success than I now beleive I do... I understood Afrezza and its real world benefits, I just did not understand the Medical, Insurance, Pharma, Government Industrial Complex... So here I am, not sure what i am missing... Hope its nothing! GLTAL's!!! |
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Post by akemp3000 on Sept 16, 2021 15:16:16 GMT -5
This kind of price action, bounce and downward movement has been quite common before an upward movement with this stock. It begs the question, is this a manipulation attempt to get weak hands to sell and give up shares before a nice breakout. IMO, it's not related to expectations of rejection and is not concerning at all. Guess we'll know soon enough.
One guess would be that it pops up about two weeks prior to the decision. It's important to keep in mind that the FDA decision will be for UTHR, not MNKD, even though we know the importance of the relationship. This alone tempers my expectations for a really big jump.
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Post by awesomo on Sept 16, 2021 15:19:02 GMT -5
So with last reported short interest on this board: Short Interest 8/13/21 : 31,380,956 My question is: With a pending FDA decision on Trep T, due in less than a month on October 15 as I understand it, that most people/investors seem to think will be positive given the previously announced results of the Phase 3 study by UTHR; Why are the shorts not exiting and why is the share price going down...? Does anyone else find it strange...? Oh I forgot this is Mannkind... GLTAL's!!! I think the part about “most people/investors seem to think it will be positive” is key. If this is the expected outcome, there isn’t going to be any surprise. Large market movements happen when there are surprises (earnings blowout, partnerships, regulatory hits, etc.). Unlike most others here (shocking right?), I don’t think approval alone is going to spike the share price in a sustained manner. What will increase the share price is patient conversion to Tyvaso and sales, where the royalties kick in. |
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Post by mannmade on Sept 16, 2021 15:25:41 GMT -5
Akemp and Awesomo, I agree with you both. Just think it's odd after all these years the shorts don't seem to see this event as very significant, (based on the lack of movement downward on shorted shares,) as I think it should be to Mannkind's future growth and success which is what they have been betting against all these years. Now with a positive cash flow and $2.4B in carry foerward losses, one would think they would start to head for the exits.
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Post by awesomo on Sept 16, 2021 15:35:06 GMT -5
Akemp and Awesomo, I agree with you both. Just think it's odd after all these years the shorts don't seem to see this event as very significant, (based on the lack of movement downward on shorted shares,) as I think it should be to Mannkind's future growth and success which is what they have been betting against all these years. Now with a positive cash flow and $2.4B in carry foerward losses, one would think they would start to head for the exits. I don’t think they feel pressured to exit. Royalties from UTHR aren’t going to come in overnight. Also, the whole “sell the news” is a known thing that the shorts can utilize to their advantage to exit even with approval. |
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Post by mannmade on Sept 16, 2021 15:37:48 GMT -5
You could be right...
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Post by markado on Sept 16, 2021 15:55:16 GMT -5
Akemp and Awesomo, I agree with you both. Just think it's odd after all these years the shorts don't seem to see this event as very significant, (based on the lack of movement downward on shorted shares,) as I think it should be to Mannkind's future growth and success which is what they have been betting against all these years. Now with a positive cash flow and $2.4B in carry foerward losses, one would think they would start to head for the exits. Unless they weren't playing with their "own" money to begin with. If they were provided a sum and told to short MNKD out of existence, if possible, and if not, for as long as possible, then it's not their money to lose, but to spend. It only becomes a true/real loss for them when the price heads above $5, and we've seen what happens when it does. Some of these shorts won't close, willingly or necessarily. They will have to be broken through SP appreciation and upward momentum. |
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Post by Clement on Sept 16, 2021 16:05:52 GMT -5
So with last reported short interest on this board: Short Interest 8/13/21 : 31,380,956 My question is: With a pending FDA decision on Trep T, due in less than a month on October 15 as I understand it, that most people/investors seem to think will be positive given the previously announced results of the Phase 3 study by UTHR; Why are the shorts not exiting and why is the share price going down...? Does anyone else find it strange...? Oh I forgot this is Mannkind... GLTAL's!!! from sla on Sept 10 in another thread: "Short Interest 8/31/21 : 29,778,749 Days to cover : 9.357271 Short Interest 8/13/21 : 31,380,956 Change : -1,602,207" |
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