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Post by buyitonsale on Mar 1, 2021 13:42:51 GMT -5
Market is overreacting IMO... at this stage of the game and in light of coming known catalysts, this offering removes any concerns that company will run out of cash before achieving CFBE (I believe Q2 or Q3 next year). I don't think that this offering replaces the sale / lease of the plant, it takes time to put it together and they just discussed the plant sale last week. So, most likely we are looking at 250M of cash to be added by the end of this quarter. I agree that they should have discussed the plans for offering last week as well, so that it was not a surprise... For what it's worth Schwab rating is A as of today... I bought some more today , that's what I do  |
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Post by longliner on Mar 1, 2021 13:49:17 GMT -5
The day UTHR hands that 105 million dollar voucher to the FDA this will become a distant memory. That day is before May 1st!  |
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Post by joeypotsandpans on Mar 1, 2021 13:55:29 GMT -5
This time IS different...I would definitely wait to see both who is involved with this placement and the terms. I say different because this time the company is dealing from strength not weakness BIG difference. Let me give a similar experience I had this past year. About a year ago I had some calls in CLDX when it was trading between $2-$3 and everyone was sour on mgmt. They announced a 150M mix shelf offering in Dec.'19. Cantor Fitzgerald was the firm handling the placement. There were bashers all along the way as the price started to move up...today it's trading at $27 area, there was an entity that took just under a 10% equity stake in the company, bottomline...don't jump to conclusions based on what has transpired in the past. JMHO 😉 Joey, it’s not a jump to a conclusion. Given what we’ve seen over the years, it’s hardly a baby step to get to the conclusion that the terms will suck. So if that's your conclusion you should be selling otherwise your holding dead weight and missing other "opportunities" correct? The only ones that should be long the stock at this point are staunch bulls, otherwise its fickle option players who would be hurt the most depending on how short term and rich a premium they paid to gamble. Again, the company is in far different position than previous offerings, I would be shocked if there wasn't more behind this placement and who it's with before making any rash decisions, that's all I was pointing out for some of those who may not think of two sides to everything. Be well 👍🏻 |
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Post by batdoc31 on Mar 1, 2021 14:01:44 GMT -5
Excuse the question if its totally out there but I feel like so is this offering.... Can someone educate us on Private vs Public Offering? Why go Private vs public and is there any way possible that its a company making a 150mill investment in MNKD? UTHR?
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Post by bill on Mar 1, 2021 14:21:21 GMT -5
I wonder if the private placement partner required a pre-announcement before the terms were finalized, knowing that the stock price would drop precipitously, thereby reducing the price they'd have to pay for the stock. If so, then today's 20+% drop will probably be followed by another 10%+ when the terms are announced. I hope that's not the case.
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Post by Clement on Mar 1, 2021 14:36:25 GMT -5
The Land of Great Despair.
(Credits to Nate and Longliner)
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Post by longliner on Mar 1, 2021 14:40:07 GMT -5
Excuse the question if its totally out there but I feel like so is this offering.... Can someone educate us on Private vs Public Offering? Why go Private vs public and is there any way possible that its a company making a 150mill investment in MNKD? UTHR? Careful buddy, you are getting awfully close to my perfect world scenario! UTHR buys 105 million dollar expediated approval, they also buy Danbury and own this offering! |
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Post by boca1girl on Mar 1, 2021 14:45:13 GMT -5
Excuse the question if its totally out there but I feel like so is this offering.... Can someone educate us on Private vs Public Offering? Why go Private vs public and is there any way possible that its a company making a 150mill investment in MNKD? UTHR? Careful buddy, you are getting awfully close to my perfect world scenario! UTHR buys 105 million dollar expediated approval, they also buy Danbury and own this offering! I could see the private placement going to UTHR, but why the announcement with no terms if true? I don’t see UTHR buying the building. |
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Post by longliner on Mar 1, 2021 14:50:02 GMT -5
Careful buddy, you are getting awfully close to my perfect world scenario! UTHR buys 105 million dollar expediated approval, they also buy Danbury and own this offering! I could see the private placement going to UTHR, but why the announcement with no terms if true? I don’t see UTHR buying the building. UTHR said they would transition to manufacturing their own product, if so they may have found it cost effective to secure Danbury. The announcement (if it comes) would come from UTHR not Mannkind. It's what dreams are made of boca1  |
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Post by longliner on Mar 1, 2021 15:16:48 GMT -5
I bet we don't get any downgrades over this. $6.50, 7.00 & 8.00.
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Post by batdoc31 on Mar 1, 2021 15:20:35 GMT -5
I really think this is going to a company. Thats why terms weren't announced and that's why they will leave it to the company to make that announcement. Boy would that be nice!!!
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Post by thekid2499 on Mar 1, 2021 15:28:25 GMT -5
I mean, based on the amount, the private placement is for roughly 10 to 15% of the company depending on what it is priced at.
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Post by winner on Mar 1, 2021 15:30:09 GMT -5
CALL ME A FOOL. Within the last 10 minutes I picked up an additional 20,000 shares at ~ 4.32. IF / When it gets to $5.32 I will take my original investment off the table plus an extra $20,000.00.I wish me luck. L.O.L..
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Post by sportsrancho on Mar 1, 2021 15:37:21 GMT -5
The 5 minute chart just printed a DeMark TD Sequential Buy signal. The 10 minute chart has a completed DeMark TD Combination 13 buy signal and a TD Analog buy signal. There was a large 50 Cent gap at the open so any short term traders have to see what I'm seeing. All of the Bill Williams signals are green in those time frames. Volume has gone to almost nothing. The knee jerk selling is probably done and the chartists are paying attention. There was just a TD Price Flip signal on the last 10 minute bar Any other signals out there? People will go to the ends of the earth to support the share price. Better to step out of the ring and wait. |
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Post by sportsrancho on Mar 1, 2021 15:40:15 GMT -5
The Land of Great Despair. (Credits to Nate and Longliner) And the March madness massacre 😎 |
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