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Post by babaoriley on Jan 12, 2015 2:21:58 GMT -5
And the stock markets are all over the place in volatility, with triple digit days, and reversals from triple digit gains to losses. Through it all, biotechs have done very well, and MNKD has reflected and even outshone that performance.
Wonder if any of the outperformance of biotechs in general has to do with the JPM conference this week? It is considered by most to be the biggest, baddest and best biotech conference of them all. I'm sure many biotech fans are hoping that their favorite(s) are going to pull rabbits out of hats this week. My experience tells me the opposite, that not much new will be revealed at all, but it is a time rampant with rumors, before, during and after the conference. Witness the chatter about MNKD and SNY, as but one example.
A very interesting week, then, for all things biotech. I would just like to see the general market calm down some.
I think we may get the new short interests numbers. I'm thinking we're going to be down 3-5 million - you can take that to the Bank... but I doubt they'll accept it.
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Post by BlueCat on Jan 12, 2015 12:48:23 GMT -5
My hope is that if they do not use the conference as the launch vehicle, that the SP doesn't take a hit for missing an expectation.
That said - with Mann's announcement, I suspect something of interest will now be said. He'll want to leave the solid impression that everything is in hand.
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Post by spiro on Jan 12, 2015 16:00:40 GMT -5
Spiro's short interest prediction is a decrease greater than 5 million. But I hope the short interest increases.
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Post by jpg on Jan 12, 2015 16:01:44 GMT -5
My guess (and hope) is an increase in short interest.
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Post by harshal1981 on Jan 12, 2015 16:28:52 GMT -5
Three million decline. Good! Settlement Date Short Interest Avg Daily Share Volume Days To Cover 12/31/2014 75,654,134 4,169,132 18.146255 12/15/2014 78,755,843 3,923,230 20.074236 11/28/2014 79,738,493 3,623,731 22.004529 Read more: www.nasdaq.com/symbol/mnkd/short-interest#ixzz3Oe3Cs09u |
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Post by jpg on Jan 12, 2015 16:30:59 GMT -5
Three million decline. Good! Settlement Date Short Interest Avg Daily Share Volume Days To Cover 12/31/2014 75,654,134 4,169,132 18.146255 12/15/2014 78,755,843 3,923,230 20.074236 11/28/2014 79,738,493 3,623,731 22.004529 Read more: www.nasdaq.com/symbol/mnkd/short-interest#ixzz3Oe3Cs09uHi Harshal, Why good? As far as I am concerned: the more the better. JPG |
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Post by BlueCat on Jan 12, 2015 17:47:03 GMT -5
Three million decline. Good! Settlement Date Short Interest Avg Daily Share Volume Days To Cover 12/31/2014 75,654,134 4,169,132 18.146255 12/15/2014 78,755,843 3,923,230 20.074236 11/28/2014 79,738,493 3,623,731 22.004529 Read more: www.nasdaq.com/symbol/mnkd/short-interest#ixzz3Oe3Cs09uHi Harshal, Why good? As far as I am concerned: the more the better. JPG While the high short interest sets the fuel for a squeeze rather than allowing them a graceful exit, two consecutive reports of drop in SI could represent a signal that covering is in fact happening, rather than a fluke of the market based on the season tax selling. I think the first short interest report of the new year will be really telling, though. Especially if it represents 3x reports of reduced short. |
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Post by shortslaver on Jan 12, 2015 18:29:57 GMT -5
Three million decline. Good! Settlement Date Short Interest Avg Daily Share Volume Days To Cover 12/31/2014 75,654,134 4,169,132 18.146255 12/15/2014 78,755,843 3,923,230 20.074236 11/28/2014 79,738,493 3,623,731 22.004529 Read more: www.nasdaq.com/symbol/mnkd/short-interest#ixzz3Oe3Cs09uHi Harshal, Why good? As far as I am concerned: the more the better. JPG It's good because companies on the up and up tend to have a falling short interest with it. It also shows there is some loss of conviction (not much) on the short side now and as momentum builds it will get faster and faster. Same pattern that TSLA had a few months before they reported a profit and the stock took off and began its 8-bagger run. (TSLA was one of the most shorted stocks when the ModelS was being rolled out. Same skeptics - "EV's failed before so they will fail again" ) |
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Post by jpg on Jan 12, 2015 22:49:57 GMT -5
Hi Harshal, Why good? As far as I am concerned: the more the better. JPG It's good because companies on the up and up tend to have a falling short interest with it. It also shows there is some loss of conviction (not much) on the short side now and as momentum builds it will get faster and faster. Same pattern that TSLA had a few months before they reported a profit and the stock took off and began its 8-bagger run. (TSLA was one of the most shorted stocks when the ModelS was being rolled out. Same skeptics - "EV's failed before so they will fail again" ) Agreed but time is on our side so the way I see it: the more shorts there are the better when we start having good news. JPG |
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Post by suebeeee1 on Jan 12, 2015 23:01:37 GMT -5
Agreed but time is on our side so the way I see it: the more shorts there are the better when we start having good news. JPG And of course, the more shorts there are fighting to get out of the doors, the higher the price of the stock will shoot. Let the short squeeze commence! |
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Post by jpg on Jan 12, 2015 23:19:59 GMT -5
Agreed but time is on our side so the way I see it: the more shorts there are the better when we start having good news. JPG And of course, the more shorts there are fighting to get out of the doors, the higher the price of the stock will shoot. Let the short squeeze commence! Agreed borrowed shares are eventually excellent for price support. The eventual velocity of coverage directly influences share price. The squeeze may be subtle or obvious but it is very material at these levels. JPG |
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Post by jpg on Jan 12, 2015 23:20:42 GMT -5
Question to anyone (cats, dogs, lizards etc): when are the BofA shares supposed to be returned? Isn't it scheduled for February 2015? 10 million shares if I recall correctly?
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Post by babaoriley on Jan 13, 2015 1:37:06 GMT -5
It's good because companies on the up and up tend to have a falling short interest with it. It also shows there is some loss of conviction (not much) on the short side now and as momentum builds it will get faster and faster. Same pattern that TSLA had a few months before they reported a profit and the stock took off and began its 8-bagger run. (TSLA was one of the most shorted stocks when the ModelS was being rolled out. Same skeptics - "EV's failed before so they will fail again" ) Agreed but time is on our side so the way I see it: the more shorts there are the better when we start having good news. JPG True, JPG, but we've had plenty of good news in the last 9 months and, well..... |
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Post by Deleted on Jan 13, 2015 7:54:25 GMT -5
Question to anyone (cats, dogs, lizards etc): when are the BofA shares supposed to be returned? Isn't it scheduled for February 2015? 10 million shares if I recall correctly? I thought it when the note was taken care of. It's 9,000,000 or cash vAlue of that |
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Post by jpg on Jan 13, 2015 8:56:09 GMT -5
Agreed but time is on our side so the way I see it: the more shorts there are the better when we start having good news. JPG True, JPG, but we've had plenty of good news in the last 9 months and, well..... Some truths are easy to spin. Hard numbers not so much. When $€£¥ start rolling in no amount of silly MF, AF or whoever spin will stop investors from wanting in. JPG |
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