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Post by savzak on Feb 6, 2015 18:32:38 GMT -5
This does change the complexion doesn't it? The short side has now felt a real slip on its grip on the stock price. The battle had been between retail longs and institutional shorts. Now that institutional longs are entering the fray, the tables are turning, Especially since other factors line up so well for the long side. There will be mucho new retail interest over the coming weeks and months. We seem to be sitting in a bit of a sweet spot.
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Post by cybergym66 on Feb 6, 2015 18:33:13 GMT -5
I usually don't put much into AH trading, but the BR news has pushed the SP up to $7.07 (6:31EST). So the 20M in shares is awesome but who bought the shares is even more important!
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Post by Deleted on Feb 6, 2015 18:45:36 GMT -5
Black rock had been owning most of the shares earlier like maybe around 15 mil shares. Recent purchases just pushed it over 5.1% and they had to file this form. It's not like they started from 0 and purchased all the 20 mil in the last few weeks
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Post by notamnkdmillionaire on Feb 6, 2015 18:48:34 GMT -5
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Post by notamnkdmillionaire on Feb 6, 2015 18:49:52 GMT -5
Black rock had been owning most of the shares earlier like maybe around 15 mil shares. Recent purchases just pushed it over 5.1% and they had to file this form. It's not like they started from 0 and purchased all the 20 mil in the last few weeks That might be but it puts it out there that they have added and made the decision to make it a large position. |
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Post by leepoffaith on Feb 6, 2015 19:01:58 GMT -5
From what I can tell, as of 9/30/2014 Blackrock owned approximately 10 million shares. So over the last three months of 2014 they acquired another 10 million shares. Depending on when they bought, they could have a lot of those shares at under $5.00 per share. What a great deal for them!
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Post by 4allthemarbles on Feb 6, 2015 19:09:01 GMT -5
Black rock has 4.6 Trillion AUM. Adam F has a much tighter collar. People don't forget buddy.
It's almost like the retail investor's big brother just entered the fight after the institutional shorts were picking on the little guy. Not the best analogy- but nonetheless, word is out. It's gonna be a long weekend for some...
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Post by mannmade on Feb 6, 2015 19:13:28 GMT -5
It is not so much the fact, but the now publicly known fact, that I think that makes this such great news... This could be part of what the recent pps share increase comes from as I am sure many on Wall Street already knew this... But I am very glad to know this now...
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Post by mnkdfan on Feb 6, 2015 19:31:41 GMT -5
It has always been my view that the biggest reason MNKD stock price is easily manipulated by the shorts is due to the low institutional ownership. It's like some of you were saying we don't have a Big brother to defend us from the short bullies. I also believe that with more institutions buying, we could finally rid ourselves of these parasitic shorts and get the squeeze we are owed. This news made my weekend and enjoy the weekend everyone!!!  |
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Post by coco on Feb 6, 2015 19:55:46 GMT -5
One of the many to follow. Soon many will be on board. Have a great weekend, I know I will. Coco  |
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Post by goodby1 on Feb 6, 2015 20:15:14 GMT -5
Is not this news even more impactful, given the knowledge that Al Mann owns a good deal of the shares out there? Doesn't he own 51 percent or something which effectively means that Blackrock owns even a higher percentile of tradeable shares since we all know that Al is in it for the long term?
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Post by od on Feb 6, 2015 20:46:10 GMT -5
Before I attract the wrong attention, as I have shared recently I made a bad call and am disgusted that I did not pull the buy trigger two weeks ago; probably less then 6 is history. I am making this comment to remind my friends what moves the market over time - real earnings and potential earnings. Today's Blackrock filing is great. However, it was no secret that they had a signficant stake in MNKD. Further, if I recall, there was a lot of postive 'noise' when they made their DNDN beneficial ownership filing. I am not comparing DNDN to MNKD. There are many resons well beyond the filing that MNKD is a winner. I look forward to a NRx/TRx chart that goes up.
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Post by Deleted on Feb 6, 2015 20:57:21 GMT -5
Before I attract the wrong attention, as I have shared recently I made a bad call and am disgusted that I did not pull the buy trigger two weeks ago; probably less then 6 is history. I am making this comment to remind my friends what moves the market over time - real earnings and potential earnings. Today's Blackrock filing is great. However, it was no secret that they had a signficant stake in MNKD. Further, if I recall, there was a lot of postive 'noise' when they made their DNDN beneficial ownership filing. I am not comparing DNDN to MNKD. There are many resons well beyond the filing that MNKD is a winner. I look forward to a NRx/TRx chart that goes up. "Before you attract the wrong attention", then you essentially draw a corellary between DNDN and MNKD. It's no secret they had 10mil shares, but it's a whole other matter that they dropped another $55 mil into the company. |
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Post by 4allthemarbles on Feb 6, 2015 20:58:35 GMT -5
Does anyone remember the SNL skit "Debbie Downer"?
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Post by savzak on Feb 6, 2015 20:59:37 GMT -5
Before I attract the wrong attention, as I have shared recently I made a bad call and am disgusted that I did not pull the buy trigger two weeks ago; probably less then 6 is history. I am making this comment to remind my friends what moves the market over time - real earnings and potential earnings. Today's Blackrock filing is great. However, it was no secret that they had a signficant stake in MNKD. Further, if I recall, there was a lot of postive 'noise' when they made their DNDN beneficial ownership filing. I am not comparing DNDN to MNKD. There are many resons well beyond the filing that MNKD is a winner. I look forward to a NRx/TRx chart that goes up. Why comment on their purchase of DNDN if not to illustrate they are capable of failure? I can't speak for anyone else but Blackrock's position doesn't excite me because I think they're infallible. It excites me because of what it may mean for the complexion of the playing field. The field is finite. The more that is occupied by committed longs, the less room for the shorts to maneuver. |
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