MannKind's Huge Short Interest Sets Up Contrarian's DreamBuy

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From Forbes


MannKind's Huge Short Interest Sets Up Contrarian's Dream Buy
Jim Collins Jim Collins , Contributor
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Even in the always wild-and-woolly medtech sector, there are few companies as controversial as MannKind. MNKD’s inhalable insulin powder delivery system, Afrezza, is a potentially game-changing treatment for diabetics. MannKind’s executive chairman, Al Mann, has amassed a billion dollar fortune over the past 45 years by revolutionizing pacemakers, cochlear implants, glucose monitoring and other devices


www.forbes.com/sites/greatspeculations/2015/05/19/mannkinds-huge-short-interest-sets-up-contrarians-dream-buy/

[eddiemoy]

nice article from forbes this morning... i wonder how GS feels...

www.forbes.com/sites/greatspeculations/2015/05/19/mannkinds-huge-short-interest-sets-up-contrarians-dream-buy/

I like:

"So, MannKind is a perfect short-squeeze candidate, and I believe that’s what we are seeing in the market today. Given the stock’s huge pull-back in the last few months, I do believe this squeeze will be long-lived. I’m buying more MNKD for my risk-tolerant clients this afternoon."

[ezrasfund]

None of the facts brought up about Afrezza, technosphere or the balance sheet are news to us, or any other serious investors. But I do believe the 100,000 puts that expired in the money might have something to do with the action. The sellers of those puts had 10,000,000 shares put to them over the weekend. Just where are those shares going to come from? Settlement is on Wednesday. The huge options plays may be the spark that lights a fire here.

The tail is now wagging the dog. This is perfect for Wall St. as even though MNKD is a company with a great future, the price action here is totally artifical.

[esstan2001]

May 19, 2015 6:37:26 GMT -5 eddiemoy said:

nice article from forbes this morning... i wonder how GS feels...

www.forbes.com/sites/greatspeculations/2015/05/19/mannkinds-huge-short-interest-sets-up-contrarians-dream-buy/

I like:

"So, MannKind is a perfect short-squeeze candidate, and I believe that’s what we are seeing in the market today. Given the stock’s huge pull-back in the last few months, I do believe this squeeze will be long-lived. I’m buying more MNKD for my risk-tolerant clients this afternoon."

Golden Slacks probably feels great since it appears they more than tripled their position in Mannkind per the 3/31 Nasdaq insti report. Downgrade & buy. Thieves extraordinaire.

[nemzter]

5/19/2015 @ 1:40AM 15,971 views

Think we'll hit 100k views?

[mnholdem]

Feeling a bit risk-tolerant myself, I also decided to buy more MNKD this afternoon.

[compound26]

I added another 6,500 at 4.32 yesterday.

[compound26]

I will sell my holdings of MNKD when its market cap hits 50B. Right now its market cap is at 1.8B. Long way to go.