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Post by traderdennis on Nov 12, 2015 21:04:12 GMT -5
I'll go out on a limb, and with the volumes we've seen the past few days, suggest that indeed short interest may reduce further by next report. Most of the recent sp decline was due to a 'rational' revaluation based on the revenue reduction singled by SNY: rather than a short attack. I see the fact that MNKD came off the SHO list a few days ago confirming that. WE've had pretty heavy volume this past few days and I reckon the leading edge of the shorts is getting out - since bankruptcy also now appears to be off the table. Very doubtful mb. Regular trades are only counted through November 10th since it takes 3 days for settlement. The 15th is on a Sunday. If you look closely at the wording the short interest report is base on settled transactions. Option action settles on the same day, so tomorrows calls / puts will count in the next reporting cycle.
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Post by Deleted on Dec 9, 2015 16:12:02 GMT -5
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Post by chyaboi on Dec 9, 2015 16:13:23 GMT -5
Short interest of 11/30
110 million
Down 10 million (8%) from 11/15
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Post by jeremg on Dec 9, 2015 16:17:01 GMT -5
Wonderful, so short interest declined by 10mil shares while at the same time share price declined from $2.44 to $2.00. Someone explain how this works?
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Post by whanley7 on Dec 9, 2015 16:18:30 GMT -5
Wonderful, so short interest declined by 10mil shares while at the same time share price declined from $2.44 to $2.00. Someone explain how this works? Wall street always wins. No matter what. Also this is the lowest the SI has been since April.
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Post by jeremg on Dec 9, 2015 16:21:52 GMT -5
Wonderful, so short interest declined by 10mil shares while at the same time share price declined from $2.44 to $2.00. Someone explain how this works? Wall street always wins. No matter what. Honestly, that's probably the realest explanation I could have imagined; we are really just speculators or gamblers in the WS casino at this point.
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Post by alethea on Dec 9, 2015 16:36:19 GMT -5
Wonderful, so short interest declined by 10mil shares while at the same time share price declined from $2.44 to $2.00. Someone explain how this works? Actually, I believe the share price declined from 2.30 to 2.20 for the period reflected in the latest short interest report. The previous report dated Nov 13 includes shares traded thru Nov 10 and SETTLED on Nov 13. Today's report includes shares traded thru Nov 24 and SETTLED on Nov 30. Closing Price on Nov 10: 2.30 Closing Price on Nov 27 2.20 Closing Price on Nov 25 2.25 And perhaps due to Thanksgiving, perhaps the Nov 30 report only includes shares traded thru Nov 23?? In that case the share price only declined 5 cents!!!! Keep in mind that on Nov 11 and Nov 12 nearly 25 million and 42 million shares were traded respectively. And the PPS closed at 2.64 on Nov 12. THIS IS WHEN THE 10 Million Share REDUCTION LIKELY OCCURRED.Since that day, Nov 12, the Shorts appear to have been very hard at work manipulating and destroying the PPS.
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Post by jeremg on Dec 9, 2015 16:46:06 GMT -5
alethea so you think the decrease in short interest was a temporary dip? This is lowest short interest we've seen in a few months I believe and in that time the PPS has plummeted. How could the share price decline as shorts cover without subsequent selling form another party? Someone is selling and I don't think retails could account for this drop.
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Post by alethea on Dec 9, 2015 17:20:42 GMT -5
alethea so you think the decrease in short interest was a temporary dip? This is lowest short interest we've seen in a few months I believe and in that time the PPS has plummeted. How could the share price decline as shorts cover without subsequent selling form another party? Someone is selling and I don't think retails could account for this drop. Yes. I do think it is a temporary dip. On Nov 11 and Nov 12 a total of about 67 Million shares were traded and the PPS closed at 2.64 on Nov 12. Keep in mind that the TASE ETF's were acquiring at that point. If the Nov 30 Short Report includes shares TRADED thru Nov 23 when PPS closed at 2.25 (keep in mind Thanksgiving), THEN in the following 11 trading days thru TODAY, the PPS has been driven down from 2.25 to today's closing price of 1.55 on ONLY about 46 Million shares for the ENTIRE 11 day period.
That's a 31% decline in PPS in the last 11 days on only a bit more than 4 million shares per day of trading. And many of those shares are the crooks shorting and trading back and forth between their various entities. That being said, their power seems to be unlimited, especially since there is virtually no law whatsoever on Wall Street. It is as crooked as Chicago in the 1920's with virtually no regulation from the SEC. I'm hanging on but I fear Shorts have already won. MNKD obviously needs cash and with the price at historic lows, the Shorts may likely be able to cover and steal even more money from us retailers by covering at drastically diluted prices in the days to come.
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Post by mssciguy on Dec 15, 2015 10:01:20 GMT -5
unconfirmed
i_am_ultron • 3 minutes 58 seconds ago 2users liked this postsusers disliked this posts0Reply FIDELITY DROPS LENDING RATE JUST NOW TO 16.5% AND BORROWING RATE TO 25.25% Lending rate has dropped from 42.5% to 16.5% in just a few weeks. Shorts are moving on to their next target. Back To Board
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Post by saxcmann on Dec 15, 2015 12:07:23 GMT -5
unconfirmed i_am_ultron • 3 minutes 58 seconds ago 2users liked this postsusers disliked this posts0Reply FIDELITY DROPS LENDING RATE JUST NOW TO 16.5% AND BORROWING RATE TO 25.25% Lending rate has dropped from 42.5% to 16.5% in just a few weeks. Shorts are moving on to their next target. Back To Board Ultron is correct. 16.5% now.
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Post by alethea on Dec 24, 2015 14:18:43 GMT -5
Very difficult to tell, but from watching the daily trading the past two weeks, I think the Reported Short Interest as of December 15 will increase.
I think it will rise by a couple/few million from the November 30 figure of 110 million.
I think the return of borrowed shares to Schwab and Fidelity is just a head-fake by the shorting manipulators of Wall Street. The "real volume" of daily trading has shrunk to almost nothing. The Shorts are buying whatever shares are truly being sold by retailers and surrendering institutions. But most of the volume is just sleight of hand by the crooks, trading back and forth between themselves. An illusion.
The Shorts have succeeded in mostly eliminating interest and belief in MNKD's stock. They are covering but at a snail's pace. Interest in MNKD's stock has been vastly reduced from previous levels for the retail public which is of course what they want. Shorts have pretty much achieved capitulation.
Shorts will do whatever it takes to keep stock price depressed at least through the huge batch of January options and also the February warrant expiration date. Anybody notice that Puts haven't been selling much at all lately?
I think the new short interest comes out today about 4 pm, EST. Will be interesting.
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Post by liane on Dec 24, 2015 16:24:52 GMT -5
Relatively flat today:
12/15/2015 111,521,024 11/30/2015 110,786,571
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Post by alethea on Dec 24, 2015 16:48:45 GMT -5
Relatively flat today: 12/15/2015 111,521,024 11/30/2015 110,786,571 Guess I missed a bit as They (the dark forces) increased their shorts by only about 800K shares vs a couple million. Still I'm very glad to see that Short Interest did not decline. And somebody here has been posting that less than a million shares have lately been available to short from IB. I think Shorts will once again be forced to borrow very expensive shares to short via Schwab, Fidelity etc. from retail holders to continue artificially depressing PPS thru both the forthcoming January options and warrants expiring in February. I'm not selling.
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Post by EveningOfTheDay on Dec 24, 2015 17:28:37 GMT -5
I don't like to predict in general, and less with MNKD, but it was easy to see that short interest would remain pretty constant for the last reporting period, given what we have seen happening with sp, interest on borrowing, etc. There has been capitulation and investors will not touch MNKD with a ten foot pole for the time being until some clarity is thrown into the mix, which must include the answer to how MNKD is planning to stay afloat. Obviously short interest is feeling pretty confortable here and not in a big rush to go anywhere. They are not thinking on covering quickly, and they are not thinking good news that will force them to do so will come any time soon. At this point, I can not help but wonder if we might still see a deterioration before we see things getting better. Lots of things going on in the background for MNKD, but speculation aside, we do not know if any of it is good or not, at least in the short term. As I have said before, even though I hope I am totally wrong, this could be as good as it gets for a while. Not selling here, but not buying either, not just yet. Best gift MNKD can give us longs for next year is to clearly lay out a plan to how they intend to survive for the next two or three years. I believe Sanofi will introduce Afrezza in Europe this coming year and in Japan in 2017, but both might be a long way off if MNKD does not solve its apparent financial troubles. I would love if MNKD could avoid a secondary offering, even though I am having a hard time imagining how they will manage this. The best complementary gift for the new year would be that we are told such an offering is not necessary.
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