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Post by bill on Mar 1, 2021 9:55:07 GMT -5
MNKD does have a habit of announcing things in ways that maximize the damage to their stock price. Been going on for years. Seems like announcements that improve the stock price are far and few between. In this case when you pre-announce that you may take on debt in excess of 10% of your market cap, the result is a comparable drop in stock price. Sigh...
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Post by cretin11 on Mar 1, 2021 10:02:30 GMT -5
MNKD does have a habit of announcing things in ways that maximize the damage to their stock price. Been going on for years. Seems like announcements that improve the stock price are far and few between. In this case when you pre-announce that you may take on debt in excess of 10% of your market cap, the result is a comparable drop in stock price. Sigh... On the other hand, this “damage” to the stock price has created an unbelievable buying opportunity, perhaps the last time ever MNKD shares can be essentially stolen at these basement prices. Time to load up the truck, am I right? |
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Post by celo on Mar 1, 2021 10:07:08 GMT -5
MNKD does have a habit of announcing things in ways that maximize the damage to their stock price. Been going on for years. Seems like announcements that improve the stock price are far and few between. In this case when you pre-announce that you may take on debt in excess of 10% of your market cap, the result is a comparable drop in stock price. Sigh... On the other hand, this “damage” to the stock price has created an unbelievable buying opportunity, perhaps the last time ever MNKD shares can be essentially stolen at these basement prices. Time to load up the truck, am I right? In a way, I'd say yes. But, they have this history of doing announcements of share offerings that damage the share price. It gives possible investors not a ton of confidence to load the boat when there may always be days like today available in the future. |
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Post by pat on Mar 1, 2021 10:07:15 GMT -5
MNKD does have a habit of announcing things in ways that maximize the damage to their stock price. Been going on for years. Seems like announcements that improve the stock price are far and few between. In this case when you pre-announce that you may take on debt in excess of 10% of your market cap, the result is a comparable drop in stock price. Sigh... On the other hand, this “damage” to the stock price has created an unbelievable buying opportunity, perhaps the last time ever MNKD shares can be essentially stolen at these basement prices. Time to load up the truck, am I right? Sigh... |
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Post by mymann on Mar 1, 2021 10:07:53 GMT -5
Never fails, mnkd can't keep up the stiffy too long. Premature release.
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Post by bill on Mar 1, 2021 10:08:42 GMT -5
MNKD does have a habit of announcing things in ways that maximize the damage to their stock price. Been going on for years. Seems like announcements that improve the stock price are far and few between. In this case when you pre-announce that you may take on debt in excess of 10% of your market cap, the result is a comparable drop in stock price. Sigh... On the other hand, this “damage” to the stock price has created an unbelievable buying opportunity, perhaps the last time ever MNKD shares can be essentially stolen at these basement prices. Time to load up the truck, am I right? @credtin11 As the old saying goes: "Time will tell." Could be a handful of months, could be a year or more... |
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Post by babaoriley on Mar 1, 2021 10:24:00 GMT -5
Any guesses on interest rate and conversion price? I think today’s drop will have a bearing on the conversion price which may be an average of several recent daily closing prices.
And I don’t know if it’s a securities rule, but it’s typical for a company to announce offerings, debt or equity, in two steps.
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Post by standup on Mar 1, 2021 10:31:19 GMT -5
From anecdotal evidence I would guess a buyer is already lined up, conversion price is known and the buyer's affiliate is shorting the stock with impunity. This is typical for a issuer with a questionable future but MNKD's future is a bit rosier. Will be interesting to see how it plays out.
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Post by mnkdfann on Mar 1, 2021 10:35:18 GMT -5
My question is why they would “pre-announce” this offering and let the stock price drift down 10%? Why wouldn’t they just announce it when they could disclose the terms and had the investors locked in? Is there an SEC requirement to announce intentions? I can't say that EVERY company does it this way, but it seems whenever any company I watch issues such offerings they 'pre-announce' it this way. That leads me to believe there must be some SEC requirement. But I dunno for certain. |
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Post by longliner on Mar 1, 2021 10:41:16 GMT -5
Bring on the expedited UTHR application and this will be looked back at as one heck of a last/lost opportunity to buy at these levels. I would love to stay and visit but I've got some buying to do!!
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Post by cretin11 on Mar 1, 2021 10:41:55 GMT -5
On the other hand, this “damage” to the stock price has created an unbelievable buying opportunity, perhaps the last time ever MNKD shares can be essentially stolen at these basement prices. Time to load up the truck, am I right? In a way, I'd say yes. But, they have this history of doing announcements of share offerings that damage the share price. It gives possible investors not a ton of confidence to load the boat when there may always be days like today available in the future. Agree about the actions that tend to not give investors confidence, there is a history of that. But all the more reason to take advantage of those actions (aka buying opportunities) because we know that MNKD is on a rising trajectory that cannot be stopped, only temporarily slowed. Load it up! |
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Post by goyocafe on Mar 1, 2021 10:48:54 GMT -5
So no partner for Afrezza pediatrics then? Got it. MC will go it alone and we can hope he actually pulls it off.
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Post by hellodolly on Mar 1, 2021 10:59:00 GMT -5
So no partner for Afrezza pediatrics then? Got it. MC will go it alone and we can hope he actually pulls it off. A partner to do what? Pay for a PIII clinical trial? "Hope" and "actually pull it off" sounds like you aren't really invested here rather, just making noise or am I misunderstanding your true agenda? |
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Post by brentie on Mar 1, 2021 11:05:53 GMT -5
So no partner for Afrezza pediatrics then? Got it. MC will go it alone and we can hope he actually pulls it off. A partner to do what? Pay for a PIII clinical trial? "Hope" and "actually pull it off" sounds like you aren't really invested here rather, just making noise or am I misunderstanding your true agenda? Goyo's been here a long time. I don't think you have to worry about his agenda. He's just been through a lot with MNKD. |
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Post by sportsrancho on Mar 1, 2021 11:12:17 GMT -5
Where would we even get a partner for peds?
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