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Post by letitride on Jun 22, 2024 17:53:40 GMT -5
If I was trading Mannkind and wanted to shake out cheaper shares toward the bottom of a swing trade I might bash Mannkind. But for anyone to bash Mannkind other than shorts would be senseless, in my opinion. If you are a long term investor here by now you would have averaged down and written off as possible to correct your position. Even I have been heard to post other than edifying words when a trade has gone against me here but those have been few and far between and I certainly do not ritually demean my own position.
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Post by cretin11 on Jun 22, 2024 18:01:10 GMT -5
Excellent points as usual ktim. The paranoia about shorts is anachronistic for the reason you state. And while it’s with a high degree of confidence I state we have no shorts posting here currently, it wouldn’t be a harmful thing if we did. It wouldn’t move the needle either way (same with every other post here).
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Post by ptass on Jun 22, 2024 18:30:09 GMT -5
I believe short sellers still have a significant impact. It's been so lucrative for years a a lot of people are on the bandwagon. The future of the stock seems bright but I expect revenue to be flat through 2025 unless Affreza sales pick up. 2026 should be very good with the UTHR manufacturing facility and Teton studies being completed. 2027 should be even better with the new drug coming on line. I just don't see much of a to look forward to for Q3 2024 through 2025. Hopefully there is a surprise announcement.
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Post by ktim on Jun 22, 2024 18:36:27 GMT -5
If I was trading Mannkind and wanted to shake out cheaper shares toward the bottom of a swing trade I might bash Mannkind. But for anyone to bash Mannkind other than shorts would be senseless, in my opinion. If you are a long term investor here by now you would have averaged down and written off as possible to correct your position. Even I have been heard to post other than edifying words when a trade has gone against me here but those have been few and far between and I certainly do not ritually demean my own position. Do you believe some long term investors in MNKD have been upset with what has happened over the years? Do you believe some long term investors might be upset with management... for instance if they truly believe Afrezza is the best thing since sliced bread and believe it is management's fault it hasn't been a blockbuster? Do you believe that sometimes people want to express their feelings on topics, vs trying to manipulate other peoples' feelings? Perhaps you truly believe every post is (or should be) about supporting or undermining market sentiment. At times it's easy to believe that all other people think the same as we do. You may think everyone has the ability to continue investing more and more in MNKD to average down, as many of us lucky enough to have the means to do it have... but not everyone does. If you don't believe that people hold onto companies after suffering large losses, rather than writing them off, you certainly don't understand investing psychology. That happens all the time. If you've never done that, can't yourself as very lucky. And in the case of MNKD, complaining or not about the company's past and/or current management, holding rather than writing off has been a good thing. So in saying they "should" have written it off you're proposing that they should have locked in losses and given up on potential of share price rebound.
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Post by sportsrancho on Jun 22, 2024 22:19:56 GMT -5
No, I was saying I doubt cretin said that. OK, that wasn’t clear:-) I think I said there aren’t any shorts here now that I know of, years ago I think there were a couple.
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Post by prcgorman2 on Jun 22, 2024 22:29:48 GMT -5
I almost posted about cretin’s unprovable assertion shorts don’t post on ProBoards. I’m glad I didn’t. People can judge for themselves whether the sentiments expressed by a poster are more appropriate to a long or short position if it matters to them. It used to matter to me and I was defensive as a buy-and-hold long. Thankfully the company has been managed to a point of reasonable stability on the verge of debt free and nicely profitable. That makes it much easier to ignore the negative nonsense even if it still sometimes annoys me as disingenuous at best. And of course you believe you are an arbiter of what is appropriate for other people... an assumption that people would always want to "talk their book"... i.e. they have to pump or trash consistently with their position long/short, and consistently with the assumption that their posts matter at all? Many here are NOT trying to influence the stock price one way or the other. Many here do not believe posts here have the slightest ability to influence stock price. I've certainly seen these wild notions of being able to judge peoples' intent here on proboards be horribly wrong. There are people here I 100% know are and have always been LONG MNKD accused of being short... with me being one of them. It also fails to recognize that some long term shareholders in MNKD, while still hoping their investment will be recouped, are upset with certain things that have happened, and perhaps even upset with current management. Thinking that such a person would simply give up on the investment and sell if they were truly long, actually reveals that you know little about human/investor psychology, despite what you may think you can remotely discern about peoples' beliefs and motivations. cretin11’s assertion that shorts don’t post on ProBoards was and remains unprovable. I don’t know why he bothers to continue to make the assertion. To me its at least absurd if not ironic. I’ve assumed he’s simply attempting to make a joke (thats funny to him at least). Try not to worry too much whether folks judge others by what they write. Besides, what else can they do?
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Post by BD on Jun 22, 2024 22:30:02 GMT -5
I'd be rather surprised if there weren't any serious shorts here, or good solid members who swing trade MNKD for better or worse. And as long as they post without subterfuge, they're welcome to be here! (Actually that applies to longs, too.)
Saying "there are no shorts here" just seems kind of silly.
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Post by sportsrancho on Jun 22, 2024 22:50:39 GMT -5
Think of all the people that read the board that don’t post… they could be short, but I kind of doubt it. I don’t really think of Mannkind as a risky investment anymore. There is not as much reason to sort it. I haven’t been keeping track, has the short interest gone up?
I just love to hear about peoples trading strategies, selling calls etc. ..really good idea in my opinion. And using the premium money to average down. I also like hearing what people really think whether it’s bullish or Bearish because that’s what makes it valuable here.
Diabetics is a massively growing opportunity. Sad as that is, it’s a good space to be in, and the only Biotech I would own.
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Post by uvula on Jun 22, 2024 23:42:37 GMT -5
I kind of miss the good old days when we discussed exploding lungs and bankruptcy. Now are biggest debate is whether or not we can prove the existence of shorts on the message board.
Actually I don't miss those days at all.
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Post by letitride on Jun 23, 2024 8:27:12 GMT -5
There is investing philosophy buy and hold rebalance as needed and possible over time. There is trader psychology on social media throw FUD at the bottom throw praise at the top. I personally believe there is a distinct difference. For those that dont understand that there time on these boards is short. For those that endure I contend they are one or both and understand the difference.
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Post by cretin11 on Jun 23, 2024 13:24:14 GMT -5
Yes there certainly might be shorts reading this board, in fact I’d bet there are some. However they haven’t been posting in quite a while. gorman if you disagree then please name a few or even just one.
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Post by prcgorman2 on Jun 23, 2024 15:32:58 GMT -5
Yes there certainly might be shorts reading this board, in fact I’d bet there are some. However they haven’t been posting in quite a while. gorman if you disagree then please name a few or even just one. I’m ambivalent. I neither agree nor disagree. What does it even mean to be “a short”? What I detest are bashers. My definition of a basher is a shill paid to trash talk a stock. Intentionally attempting to use negative commentary on social media to manipulate a stock price is offensive and outright or at least arguably criminal. (The same is true of “pumping” which is also detestable.) The question you might ask is whether I believe there are bashers paid to post on ProBoards. My answer would be a simple, “I don’t know”. How could I know? I cannot. Certainty requires access to information obtainable using search warrants and subpoenas. My sentiment is the same for bashers as it is for “shorts”. At this point, I’m ambivalent. The SIR for MNKD is high, and in my opinion unusually high for a company that is marginally profitable with a good outlook including retiring 100% of debt which I think is very uncommon for public corporations. And, I agree with those who assert MNKD is severely undervalued, and I am therefore somewhat suspicious of the holders of open positions on borrowed shares. Regardless, I will not make unprovable assertions blaming boogeymen hiding in the shadows for a high SIR and suppressed share price. I cannot know but at most be suspicious and that’s all. The bottom line for me is the high SIR is what it is, and I can wait for things to sort themselves out.
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Post by BD on Jun 23, 2024 15:48:43 GMT -5
Since the early days of my involvement with stock boards, my position on pumpers/bashers has been that you can never know someone's intentions for sure (although I believe 99% of us probably don't misrepresent much of importance), so there's little point in debating perceived intentions. The most we can hope for is that everyone tries to learn from the others, and wants to help the others learn. We have that going pretty well. There's a group mind thing going that can detect posts that seem "off" for whatever reason.
I really doubt that, today, someone could show up here and start slinging mud at the company or the products or the other members here and get away with it. And I'm proud to be associated with a board where that's true.
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Post by cretin11 on Jun 23, 2024 16:54:49 GMT -5
“The question you might ask is whether I believe there are bashers paid to post on ProBoards.”
SMH 🤦🏻
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Post by prcgorman2 on Jun 23, 2024 19:47:23 GMT -5
“The question you might ask is whether I believe there are bashers paid to post on ProBoards.” SMH 🤦🏻 The SEC has warned of such things (but not specific to ProBoards), so I think its reasonable to be wary. I will admit I have a challenge in my mindset because I study fraud and it gives me a disposition to be suspicious where others may not be.
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