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Post by awesomo on Jun 6, 2022 14:18:33 GMT -5
Ya’ll need to relax. If it is manipulation today for going down 5%, then it was manipulation on Friday for going up 10%. Can’t just blame it one way.
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Post by uvula on Jun 6, 2022 14:29:37 GMT -5
I would like to believe that price drops are caused by manipulation and price rises are just the price floating up to where it should be because the manipulators are taking a lunch break.
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Post by alethea on Jun 6, 2022 14:32:04 GMT -5
Ya’ll need to relax. If it is manipulation today for going down 5%, then it was manipulation on Friday for going up 10%. Can’t just blame it one way. Yes, exactly. That is absolutely true. The 11% run up on Friday was done with today's downward move planned. That's the point, they move it around violently in both directions, either shaking people out like today. Or influencing people to buy at relatively high levels that they will not allow to be sustained.
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Post by akemp3000 on Jun 6, 2022 14:32:40 GMT -5
Regardless of up or down movement or manipulation or not, something significant is going on to see nearly 16M shares traded today. Any guesses?
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Post by Deleted on Jun 6, 2022 14:34:53 GMT -5
Ya’ll need to relax. If it is manipulation today for going down 5%, then it was manipulation on Friday for going up 10%. Can’t just blame it one way. Yes, exactly. That is absolutely true. The 11% run up on Friday was done with today's downward move planned. That's the point, they move it around violently in both directions, either shaking people out like today. Or influencing people to buy at relatively high levels that they will not allow to be sustained. Mike could be tapping the ATM. Three 3.4M trades at $4.43 today. Looks like the ATM. That would be $45M in the bank today. I would have preferred the $60M from Mid Cap. Hope he hasn't done both.
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Post by veritasfiliatemporis on Jun 6, 2022 14:44:20 GMT -5
3.4x4,3=15M$...
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Post by Deleted on Jun 6, 2022 14:53:27 GMT -5
OK MATH 201......(3.4M x $4.43) x 3 = $45M
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Post by markado on Jun 6, 2022 14:57:54 GMT -5
Yes, exactly. That is absolutely true. The 11% run up on Friday was done with today's downward move planned. That's the point, they move it around violently in both directions, either shaking people out like today. Or influencing people to buy at relatively high levels that they will not allow to be sustained. Mike could be tapping the ATM. Three 3.4M trades at $4.43 today. Looks like the ATM. That would be $45M in the bank today. I would have preferred the $60M from Mid Cap. Hope he hasn't done both. Mike has indicated on multiple occasions, recently, that there was no foreseeable need for dilution. Now, whether that holds true or not, I guess will be a matter of time while the who just sold 10.3M gets sorted out.
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Post by peppy on Jun 6, 2022 15:13:20 GMT -5
MNKD Nasdaq real time volume, 16,789,917 shares. MNKD Nasdaq summary volume, 16,774,600 Avg. Volume 4,329,346 $4.34. -0.27 (-5.86%) At close: 04:00PM EDT Trading was more or less over for the day after the 10 million shares went through. Tough day from the start for share price, my guess an institutional sale, discounted, some one right sizing their books. ======================================================================= With 1 hour and 50 mins left in the trading days, MNKD volume, real time, 14,712,776 shares. summary, 14,690,728 Avg. Volume 4,329,346 $4.41. -0.20 www.nasdaq.com/market-activity/stocks/mnkd/real-timefinance.yahoo.com/quote/MNKD?p=MNKD&.tsrc=fin-srchDaily chart, not all Fridays gains were lost. support and resistance.
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Post by veritasfiliatemporis on Jun 6, 2022 16:18:04 GMT -5
OK MATH 201......(3.4M x $4.43) x 3 = $45M I see Mannkind sold 10M shares, 1. can you prove it?
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Post by Deleted on Jun 6, 2022 16:59:49 GMT -5
OK MATH 201......(3.4M x $4.43) x 3 = $45M I see Mannkind sold 10M shares, 1. can you prove it? Of course not we have to wait and see at the next cc.
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Post by mango on Jun 6, 2022 17:13:48 GMT -5
I understand why shorts want out but why would longs sell at prices that are lower and lower? Keep in mind that the 15 Million is not genuine. They mostly trade back and forth with themselves. But they will maybe shake loose a couple hundred thousand shares from "normal, little people" investors. Really sad. That’s called a wash trade and is a form of market manipulation.
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Post by peppy on Jun 6, 2022 19:06:11 GMT -5
Keep in mind that the 15 Million is not genuine. They mostly trade back and forth with themselves. But they will maybe shake loose a couple hundred thousand shares from "normal, little people" investors. Really sad. That’s called a wash trade and is a form of market manipulation. quote; They mostly trade back and forth with themselves.quote: That’s called a wash trade and is a form of market manipulation. I hear from listening for hours to traders; trading loans back and forth with themselves is what the banks in China are doing to pretend they are loaning in an attempt to please the government.. ========================================================================================= www.youtube.com/watch?v=8GwjR7yRGGswww.youtube.com/c/BlockWorksGroup
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Post by prcgorman2 on Jun 6, 2022 19:35:58 GMT -5
Did a little research lately to see if there were articles on puts and shorting used in concert to depress price and ensure a better cover. Nothing. That absence of any reference of the two used together surprised me. If there is collusion as used to be claimed using fraction of a penny “pitch-and-catch widen spread” price manipulation, inducing and benefitting from small-cap volatility could be lucrative (and unequivocally illegal). Hey, that reminds me, did anyone notice that Martin Shkreli was being released from prison?
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Post by Deleted on Jun 6, 2022 20:50:46 GMT -5
I see Mannkind sold 10M shares, 1. can you prove it? Of course not we have to wait and see at the next cc. IF Mike tapped the ATM today then they are almost done. Current Shelf was for $50M. Today totaled $45M...
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