|
|
Post by cretin11 on Jan 18, 2023 15:21:26 GMT -5
That’s such a boring explanation, awesomo. It’s much more exciting to think of it as a giant short conspiracy.
|
|
|
|
Post by celo on Jan 18, 2023 17:51:39 GMT -5
There seemed to be some entity accumulating during the end of 2022. Volume has gone down for the first part of 2023. Probably a few buyers rode the accumulation and are leaving with a small profit. It will find a bottom soon and will only begin a new run up before the earnings or if some investment firm decides MNKD is worth more and makes announcement stating as such.
General market swings may rule the next month along with a recession and make this all mute.
|
|
|
|
Post by Chris-C on Jan 18, 2023 17:55:45 GMT -5
It IS more fun to attribute a stock price decline to hedge fund conspiracies and shenanigans; but reason tells me there are greener pastures for investing firms with deep pockets. On the other hand, the market is neither perfectly efficient nor assiduously compliant with SEC Rules. Volume is also a culprit because fewer traders on the buy side can be beaten by fewer marauding short traders eager to borrow my shares and sell them at a lower price resulting in a "paper" value decline for the shares I paid cash for. MNKD will be shorted as long as there are large investors who need to hedge their investments against loss and retail traders who are trying to make a quick buck and influence options prices. As pointed out earlier, the FTD stats on MNKD make it crystal clear that there has been considerable malfeasance in shorting MNKD over the years. Even the SEC commissioner acknowledges that the market is not a level playing field for retail investors. For a particularly robust interchange on this, listen to Jon Stewart and SEC Chair Gary Gensler's recent conversation on market inequities. The Problem with Jon Stewart- Gary Gensler Plus, there is the reality that the general street sentiment toward MNKD as a growth stock or worthwhile investment is negative based on the overhyping of Afrezza in the beginning and Sanofi's failure to get serious about selling it before they pulled the plug without warning. There are companies that trade for multiples of their "logical" value but they are not MNKD, and for valid reasons. We who are long can all thank our lucky stars the company did not go bankrupt. Look on the bright side - the company has never been in a stronger position than it is today. Sure, the share price has been higher, but that was when expectations were high and before the dark days. Patience is the key. It's just an unrealized gain or loss until you hit the sell button and cash out. Long ago I realized that this is the nature of the the casino we play in, and the only choice we have is to stay and play or cash out. GLTALs, Chris-C |
|
|
|
Post by letitride on Jan 18, 2023 22:05:05 GMT -5
I have to say thanks to the hedge funds and predatory lenders I have a great position here I would otherwise have never realized. I would not still be here except for Afrezza is the beast that is yet to be unleashed. Im patient I can wait as expressed by a ST poster
|
|
|
|
Post by harryx1 on Jan 19, 2023 10:35:47 GMT -5
|
|
|
|
Post by cjm18 on Jan 19, 2023 11:06:45 GMT -5
What’s bigger problem for the stock right now?
Mistakes made by management before Mike was ceo or naked short sellers.
|
|
|
|
Post by cretin11 on Jan 19, 2023 11:43:50 GMT -5
I don't see MNKD mentioned in that article. Naked short sellers are not an issue for MNKD. We thought they were many years ago (and there may have been something to it then), but just no basis in fact to that theory today. |
|
|
|
Post by harryx1 on Jan 19, 2023 11:49:27 GMT -5
What’s bigger problem for the stock right now? Mistakes made by management before Mike was ceo or naked short sellers. Has previous and current management/BODs made mistakes? Yes, but that doesn't warrant crooks to illegally sell 100's of millions of shares that don't exist to destroy the company and retail investors. |
|
|
|
Post by harryx1 on Jan 19, 2023 11:57:27 GMT -5
I don't see MNKD mentioned in that article. Naked short sellers are not an issue for MNKD. We thought they were many years ago (and there may have been something to it then), but just no basis in fact to that theory today. There you go again, stating your opinion as fact. Do you have proof naked short sellers are not in MNKD?  My guess is no. There is no "we thought" there was "there were" many years ago... Not only have I provided charts based on data downloaded from FINRA showing millions of Failures to Deliver, others have provided similar info. www.sec.gov/comments/sr-nysearca-2016-31/nysearca201631-1.pdf |
|
|
|
Post by cretin11 on Jan 19, 2023 12:24:41 GMT -5
What’s bigger problem for the stock right now? Mistakes made by management before Mike was ceo or naked short sellers. Has previous and current management/BODs made mistakes? Yes, but that doesn't warrant crooks to illegally sell 100's of millions of shares that don't exist to destroy the company and retail investors. Hundreds of millions of MNKD shares illegally sold, what is the source of that info? |
|
|
|
Post by harryx1 on Jan 19, 2023 12:29:12 GMT -5
www.nasdaqtrader.com/trader.aspx?id=RegSHOThresholdI created this chart from the data files that I downloaded from the site above during 2017 which I posted earlier in this thread. How many of those 69M+ shares were located and bought back??? Unfortunately the answer to that question is "We have no idea". What about the 200M+ shares from 2015 & 2016? 
|
|
|
|
Post by mango on Jan 19, 2023 13:32:34 GMT -5
I agree with Harry. The current evidence and available data, along with other examples provided by Harry and others supports naked short selling is happening to MannKind.
It's nothing new that cretin acts as if his/her opinion is fact and rarely has cretin ever provided sources and/or evidence to support his/her statements (unlike Harry who always provides sources and evidence).
😉
Cretin enjoys mocking these topics to deflect from the real concerning nature of the circumstances, and while more evidence implies illegal naked short selling happening in MannKind than the contrary, cretin calls it a "conspiracy theory" in an attempt to discredit the idea. Majority of us are the wiser to fall for his/her nonsense.
|
|
|
|
Post by awesomo on Jan 19, 2023 13:41:05 GMT -5
Every company has naked short selling. It’s part of the market whether anyone likes it or not.
At one point, MannKind was more of a target than others. Now it is not. Just look at the list of highest short interest stocks, MannKind doesn’t even come close to sniffing the list.
|
|
|
|
Post by harryx1 on Jan 19, 2023 14:09:20 GMT -5
Every company has naked short selling. It’s part of the market whether anyone likes it or not. At one point, MannKind was more of a target than others. Now it is not. Just look at the list of highest short interest stocks, MannKind doesn’t even come close to sniffing the list. Naked shorting is a loophole put in place for privileged entities that lobbied to have it put in place. Those entities figured that out as it was easy to hide and to turn into a conspiracy story. It's abused, hard to trace, very effective at killing companies while making hundred's of millions of dollars. It's banned in other countries because they realize what it can do. There is absolutely no need for naked short selling in the market. Short selling when it pertains to borrowing a real share if someone is willing to lend you that share is fine. But it should only be allowed to be lent one time, not multiple times at once. In this day and age, the technology is there that can keep track of all shares of a company, how many shares are lent and how many are sold short but if that were put in place, those entities would not be able to make billions like they do now. So they oppose it. |
|
|
|
Post by longliner on Jan 19, 2023 14:17:56 GMT -5
I agree with Harry. The current evidence and available data, along with other examples provided by Harry and others supports naked short selling is happening to MannKind. It's nothing new that cretin acts as if his/her opinion is fact and rarely has cretin ever provided sources and/or evidence to support his/her statements (unlike Harry who always provides sources and evidence). 😉 Cretin enjoys mocking these topics to deflect from the real concerning nature of the circumstances, and while more evidence implies illegal naked short selling happening in MannKind than the contrary, cretin calls it a "conspiracy theory" in an attempt to discredit the idea. Majority of us are the wiser to fall for his/her nonsense. According to the Attorney Wes Christian, illegal naked shorting when taken in it's entirety is the largest financial fraud in history. The cases he has won leave no question as to the scope of the perpetrators actions. From large financial players, to small message boards, the profit is enormous. The victim is the individual shareholder. The primary target, small, not yet profitable companies. The folks attempting to discredit, absolve and move the problem to the past, you will probably recognize from the past, as doing the same thing. With the amount of money involved it's certain folks are paid to do the illegal naked shorts bidding for them. |
|
My guess is no.
