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Post by caesar on Nov 8, 2023 11:08:56 GMT -5
Mannkind has decided to start servicing the debt to current holders via selling stock ATM. That was not the original plan! They were going to service the debt at the $5+ PPS and the marketplace (shorts) are having a field day shorting this into oblivion (making money as they choose - knowing mankind will millions of shares at ATM).
These are some of the minefields the longs have to navigate. Furthermore, none of us know how much "naked" shorting has been going on and how many millions of "fake" shares are out there!
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Post by Chris-C on Nov 8, 2023 11:11:22 GMT -5
Chris-C I increased my position by about 20% during this past quarter. Why am I not buying now... because it now appears the revenue and profit growth will be much slower than I was expecting for at least several quarters, and with competition to Tyvaso DPI likely coming before rapid growth in profitability. Perhaps other longs here that aren't buying right now could chime in as to why. If this bunch of dyed in the wool long optimists aren't buying, who would be, lol Thanks for your take. I get it. Uncertain timing. In theory, it takes a buyer and seller to make a trade. Who is selling at these levels? Incidentally, the Complaint link at the SEC is here: www.sec.gov/oiea/Complaint.htmlGood luck to all longs. To all shorts, you can imagine what my wishes are. GFY and have fun. |
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Post by cretin11 on Nov 8, 2023 11:11:36 GMT -5
Nothing doing. Back to the 3.80's... Went as low as 3.76...smh Who is shorting (and selling) this stock so intently at this near 52 week low? We know the manipulation is not only illegal, it’s illogical. But why no buyers at these levels? Warren? Charlie? Come on guys- burn these shorts and put ‘em out of business, he dreamed.. It is supply/demand, not illegal manipulation IMO. It would be illogical for there to be illegal manipulation, so the logical answer is it's not happening. You answered the question with your follow-up question, "why are there no buyers?" If Warren, Charlie, et al. believe MNKD is a screaming value at $3.90, then the price will move up as they gobble up shares at that price. It is not possible for manipulation to keep a stock down forever when massive demand exists. It sucks, it is painful, I hate it and wish it were as simple as illegal big pharma manipulation, because if that had been the true reason, we'd have shed that long before now because you cannot keep a great stock down forever when it's producing results. There is a silver lining to my perspective: if it were true that "manipulation" could keep a stock down forever, then we should all sell now because after ten years of it we'd be foolish to think they will stop manipulating. However, if my premise is true, then supply/demand will rule the day and share price will reflect it. The rub is, MNKD needs to produce. This ER had some positive aspects but we must also have eyes open to some aspects on the other side of the coin because the market obviously considers both sides of the coin. We're making progress but it's extremely slow and now we see yet again the market had already priced in what we hoped would be considered big news. |
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Post by mytakeonit on Nov 8, 2023 15:23:37 GMT -5
Thoughts on this board is amazing ! I can't see anything wrong with "cash flow breakeven". Have we been here before?
New horizon coming up ... maybe in a year or so ... we may see a penny dividend pop up to start us off.
So don't listen to "shorts" who tell you to sell all your cheap shares.
But, that's mytakeonit
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Post by ktim on Nov 8, 2023 15:31:41 GMT -5
My philosophy is never take any investment advice unless you know and trust the person to 1) have really good investment judgement and 2) actually be currently doing what they say rather than talking their book.
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Post by letitride on Nov 9, 2023 11:25:02 GMT -5
This Optimist believes it holds $3 before heading back up would like to know what Mike thinks. And I am all in.
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Post by wmdhunt on Nov 9, 2023 11:40:49 GMT -5
The definition of "insanity" seems apropos at this point. If "we" get any more "optimistic" we will all go broke. Averaging down is getting old and is apparently fruitless. UTH needs to buy MNKD and then maybe we will have something worth owning...
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Post by ptass on Nov 9, 2023 12:10:09 GMT -5
It was nice to hear that afrezza is no longer losing money. Up to the call I wrongly believed Mankind was losing a lot on Afrezza. The stock price fall sucks but the details from the call seem great. I'm not too concerned about Yutrepia since I doubt patients already on Dpi will be switched. I am curious what the sale price of Yutrepia will be and how that compares to tyvaso.
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Post by ktim on Nov 9, 2023 12:28:09 GMT -5
This Optimist believes it holds $3 before heading back up would like to know what Mike thinks. And I am all in. That's a low bar for optimism, but count me in. |
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Post by cretin11 on Nov 9, 2023 12:51:30 GMT -5
This Optimist believes it holds $3 before heading back up would like to know what Mike thinks. And I am all in. That's a low bar for optimism, but count me in. Well yeah, it sure beats the alternative of NOT holding $3. "would like to know what Mike thinks" - indeed. Would like to administer a dose of sodium pentothol and then pose a few simple but direct questions. |
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Post by sr71 on Nov 9, 2023 14:48:25 GMT -5
Mannkind's market cap is currently at $937 million, and there is no way the cap won't be heading up in the medium and long terms.
My guess is that some of the shorts finally see the handwriting on the wall that that the MNKD short gravy-train is near the end of the line, so they're driving the SP down in hopes to cover.
I think it will be very chaotic at "the bottom" when attempts are made to cover the > 38 million short shares last reported. Many shorts will not escape unscathed, IMHO.
THAT will be the beginning of a good ride for those of us who are already long.
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Post by centralcoastinvestor on Nov 9, 2023 15:06:54 GMT -5
Mannkind's market cap is currently at $937 million, and there is no way the cap won't be heading up in the medium and long terms. My guess is that some of the shorts finally see the handwriting on the wall that that the MNKD short gravy-train is near the end of the line, so they're driving the SP down in hopes to cover. I think it will be very chaotic at "the bottom" when attempts are made to cover the > 38 million short shares last reported. Many shorts will not escape unscathed, IMHO. THAT will be the beginning of a good ride for those of us who are already long. Oh how I hope the shorts get very “scathed” in that bottoming process. Shorts are the leeches of the investing world. |
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Optimism
Nov 9, 2023 15:13:32 GMT -5
via mobile
Post by cretin11 on Nov 9, 2023 15:13:32 GMT -5
If the shorts are collectively represented by a Peanuts character, they go by the name of Lucy. You can guess who Charlie Brown is. Our ceo is the unseen teacher in the Peanuts tv specials.
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Post by BD on Nov 9, 2023 15:15:26 GMT -5
That's a low bar for optimism, but count me in. Well yeah, it sure beats the alternative of NOT holding $3. "would like to know what Mike thinks" - indeed. Would like to administer a dose of sodium pentothol and then pose a few simple but direct questions. Geez, I watch that new avatar for a few seconds and my neck starts to hurt. |
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Post by cretin11 on Nov 9, 2023 15:25:05 GMT -5
Well yeah, it sure beats the alternative of NOT holding $3. "would like to know what Mike thinks" - indeed. Would like to administer a dose of sodium pentothol and then pose a few simple but direct questions. Geez, I watch that new avatar for a few seconds and my neck starts to hurt. In that sense it's apropos for this "Optimism" thread. All of us true died in the wool longs going into our big CFBE conference call are like the cute little kitty cat about to execute an easy jump. Then the call happens, we get a peek behind the curtain and a dose of reality... |
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