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Post by mayday on Aug 24, 2023 17:47:57 GMT -5
Nothing sarcastic about my post. But keep trying! I bet he is a Barrell of fun at a party...
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Post by sportsrancho on Aug 24, 2023 17:56:30 GMT -5
Pretty much they all do it ..but a pump and dilution is different than a pump and dump/sell… that’s where you get in trouble. I don’t believe Kent sold any of his shares. Although it’s so long ago now I can’t remember.
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Post by BD on Aug 24, 2023 18:08:18 GMT -5
It's interesting how the same words can trigger different emotional reactions. I think it takes having personal interactions with other members (via DM typically) to get a bit more of a feel for who they are, and the public persona isn't typically as open as someone you're having a 1-on-1 conversation with. Knowing cretin well enough by now, I didn't read the sarcasm. With a member I might not know much about, it could have been different.
I'm just grateful everyone on this board gets along as well as they do. Bottom line: giving members the benefit of the doubt often goes a lot further than accusations. Sadly, there are those who cannot seem to do that, and I'm not thinking about anyone in particular on this board (or, indeed, anyone here at all, from my perspective) but I've seen people leave boards because they became convinced other members were nefarious actors of some type or another. Paranoia runs deep.
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Post by cretin11 on Aug 24, 2023 22:14:00 GMT -5
Well said BD. I re-read my last post carefully after your post, prcgorman. I didn’t think it was sarcastic at the time and on review it still is not. I guess you could take it that way, so I’m not throwing stones at you on it. But it’s a straightforward post (and IMO accurate).
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Post by mytakeonit on Aug 25, 2023 1:33:47 GMT -5
Well I think the shorts on this board ... should eat shit and die !!! It seems that prcgorman is one of that last few posters on this board to try to keep reality alive !!!
But, that's mytakeonit
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Post by letitride on Aug 25, 2023 3:38:35 GMT -5
Ducks
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Post by mango on Aug 25, 2023 10:42:44 GMT -5
You're assuming (speculating) the management accomplished a pump-and-dump in 2017. If you can prove it you'll be rich and the members of the class-action lawsuit will thank you. Good luck with that. Nope, you've said it yourself how protected the executives and financial institutions are while complaining about the shorts and big pharma. And even if something did happen, the lawyers would take mostly all of it and the actual plaintiffs of the class action lawsuit would get peanuts. Seriously you don't see the manipulation in a stock that magically went from the $1s to $6 in a month all while they manufactured an offering at $6, and then promptly sunk back down after getting shorted to oblivion? Remember the extraordinarily high borrow rates where they were paying rates of over 100% because of how confident they were? You think that is normal? If you truly believe management participated in criminal behavior then you should be presenting the case to the DoJ. Right now all you have is a conspiracy theory. These are extraordinary accusations which requires extraordinary evidence. Thus far you have yet to provide any evidence.
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Post by cretin11 on Aug 25, 2023 11:01:29 GMT -5
mango with all due respect, you are posting as if you have rocks in your head. Is awesomo employed as an SEC investigator, what duty does he have to "present the case to the DOJ"? And why would anyone here want that? If you don't understand how the game is played, or just emotionally don't want to see it, that's on you. You were around in 2017. We didn't know what was happening at the time, but it didn't take long afterwards to understand it, unless you are dense. Sports explained an important nuance above, read it carefully. Nobody here is making accusations of criminality but it seems you want it to go in that direction for some reason. Paranoia does run deep!
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Post by mango on Aug 25, 2023 11:22:49 GMT -5
mango with all due respect, you are posting as if you have rocks in your head. Is awesomo employed as an SEC investigator, what duty does he have to "present the case to the DOJ"? And why would anyone here want that? If you don't understand how the game is played, or just emotionally don't want to see it, that's on you. You were around in 2017. We didn't know what was happening at the time, but it didn't take long afterwards to understand it, unless you are dense. Sports explained an important nuance above, read it carefully. Nobody here is making accusations of criminality but it seems you want it to go in that direction for some reason. Paranoia does run deep! I'm just wanting to see the evidence to your conspiracy theory. Is that too much to ask? Also, if I found evidence of criminality of this magnitude that you and others have implied, then I would most certainly report it! Your analogy of a SEC investigator is weak. If you saw a thug beating a helpless person would you walk away and say not my problem because you aren't law enforcement? If you saw people stealing from a business would you also say not my problem? While there is no law requiring such it's called being a good Samaritan and having a good moral compass.
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Post by mayday on Aug 25, 2023 11:29:43 GMT -5
If you saw a thug beating a helpless person would you walk away and say not my problem because you aren't law enforcement? If you saw people stealing from a business would you also say not my problem? While there is no law requiring such it's called being a good Samaritan and having a good moral compass. You been watching the news in the last few years? Doing these noble things you state above, gets you thrown in jail.
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Post by cretin11 on Aug 25, 2023 11:41:58 GMT -5
mango with all due respect, you are posting as if you have rocks in your head. Is awesomo employed as an SEC investigator, what duty does he have to "present the case to the DOJ"? And why would anyone here want that? If you don't understand how the game is played, or just emotionally don't want to see it, that's on you. You were around in 2017. We didn't know what was happening at the time, but it didn't take long afterwards to understand it, unless you are dense. Sports explained an important nuance above, read it carefully. Nobody here is making accusations of criminality but it seems you want it to go in that direction for some reason. Paranoia does run deep! Also, if I found evidence of criminality of this magnitude that you and others have implied, then I would most certainly report it! Well good luck with that but I wouldn't hold my breath on you "reporting it" having great impact! I don't think you're new to investing but you're posting as if you are.
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Post by mango on Aug 25, 2023 11:45:22 GMT -5
If you saw a thug beating a helpless person would you walk away and say not my problem because you aren't law enforcement? If you saw people stealing from a business would you also say not my problem? While there is no law requiring such it's called being a good Samaritan and having a good moral compass. You been watching the news in the last few years? Doing these noble things you state above, gets you thrown in jail. Good point!
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Post by prcgorman2 on Aug 25, 2023 12:33:00 GMT -5
mango with all due respect, you are posting as if you have rocks in your head. Is awesomo employed as an SEC investigator, what duty does he have to "present the case to the DOJ"? And why would anyone here want that? If you don't understand how the game is played, or just emotionally don't want to see it, that's on you. You were around in 2017. We didn't know what was happening at the time, but it didn't take long afterwards to understand it, unless you are dense. Sports explained an important nuance above, read it carefully. Nobody here is making accusations of criminality but it seems you want it to go in that direction for some reason. Paranoia does run deep! You just said in the same sentence “with all due respect” and than “posting as if you have rocks in your head”. mango has made numerous insighful, informative, posts on this board. With all due respect, you did not exercise all due respect.
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Post by alethea on Aug 25, 2023 14:27:28 GMT -5
Yes, it still perplexes me given the history of dilution that they would choose to increase the authorized shares so dramatically. Obviously I can only speculate that it has had an effect on the share price, but to the extent there is any effect it certainly isn't to increase the share price. I do appreciate that Mike has since stated that they will not require a capital raise using the shares. Given his statement and given the relatively strong financial position now, it probably is an insignificant drag on share price if any. Ordinarily increasing authorized shares shouldn't matter, but I simply thought it very bad optics given the history of dilution with MNKD. I reiterate.... the last time the Company significantly increased (dramatically as you say) the Authorized Share the Share Price INCREASED significantly (dramatically?). I will gladly take a reprise of that occurrence.
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Post by ktim on Aug 26, 2023 12:24:23 GMT -5
Yes, it still perplexes me given the history of dilution that they would choose to increase the authorized shares so dramatically. Obviously I can only speculate that it has had an effect on the share price, but to the extent there is any effect it certainly isn't to increase the share price. I do appreciate that Mike has since stated that they will not require a capital raise using the shares. Given his statement and given the relatively strong financial position now, it probably is an insignificant drag on share price if any. Ordinarily increasing authorized shares shouldn't matter, but I simply thought it very bad optics given the history of dilution with MNKD. I reiterate.... the last time the Company significantly increased (dramatically as you say) the Authorized Share the Share Price INCREASED significantly (dramatically?). I will gladly take a reprise of that occurrence. The time before the most recent one? When was that? And as I stated on another post a couple days ago, it is the share price that matters for investors and since 2000 Mike has certainly delivered, so you're in violent agreement with me on judgement of current situation.
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