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Post by falconquest on Jun 12, 2015 12:51:58 GMT -5
Trend, I can understand your frustration and I am certainly not going to argue with you but rather offer a little different perspective. Perhaps the opposite of what you say is true.....Hakan & Pfeffer are too sophisticated for the Wall Street guys. They have managed a scientific company that has developed the most rapid acting and effective insulin product ever made. There have been pitfalls and setbacks along the way but they have rolled with the punches and made it a reality (certainly along with Al of course). They must be astounded that the Wall Street money grubbers who will sell their own sister to make a buck don't get it. Sure, they could be (and should be) more adept at handling these folks but unfortunately, that is not their forte. I certainly believe they can and will bring many more Technosphere based products to market however and the street can determine the share price. This is just my perspective.
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Post by scottiemac on Jun 12, 2015 13:35:03 GMT -5
Lines 2 and 3 have been approved - 12U cartridge should be available around September
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Post by jgv on Jun 12, 2015 13:37:33 GMT -5
I have written a similar post regarding the short interest three times but have never pressed the button. I realize you guys get yourselves down to "zero cost basis" (not sure the term) but the absolute bottom line (and I did post this disguised as a question in another thread) is that if there are no shares to short, there will be no shorts. That said, we can control ourselves but not big money. And that said, I know many of us believe our shares make no difference. I believe they do and have pulled mine from the market. If you believe in the product don't allow shorts to play with your shares. If you don't believe in the product, then lend your shares out. But let's not speak from both sides of our mouths. I hope I haven't offended anyone. It's not my intention. I'm just saying I see the same spade in the room that Trend sees (though I disagree with the part about Haken, Matt, and Technosphere ?). Ps. Great Rx today!! Go MNKD!
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Post by Deleted on Jun 12, 2015 13:38:17 GMT -5
FWIW, Line 2 and 3 are probably online.
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Post by mnholdem on Jun 12, 2015 13:51:41 GMT -5
Matt said something like, "They're running today or, if not today, then this week." Matt made that comment a couple weeks ago. So, yes, finish/fill lines 2 & 3 are now running and that means the 12-unit cartridge is now being produced.
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Post by dreamboatcruise on Jun 12, 2015 14:55:43 GMT -5
I have written a similar post regarding the short interest three times but have never pressed the button. I realize you guys get yourselves down to "zero cost basis" (not sure the term) but the absolute bottom line (and I did post this disguised as a question in another thread) is that if there are no shares to short, there will be no shorts. That said, we can control ourselves but not big money. And that said, I know many of us believe our shares make no difference. I believe they do and have pulled mine from the market. If you believe in the product don't allow shorts to play with your shares. If you don't believe in the product, then lend your shares out. But let's not speak from both sides of our mouths. I hope I haven't offended anyone. It's not my intention. I'm just saying I see the same spade in the room that Trend sees (though I disagree with the part about Haken, Matt, and Technosphere ?). Ps. Great Rx today!! Go MNKD! I believe in the product, but I don't believe shorting decreases the effectiveness of Afrezza for any patients. No offense, I just don't see the logic of your position. If you believe in the product, then you should believe that the only harm being done by shorts is to those with time limited long option positions, leveraged longs or longs that don't really believe in the product and sell scared. If my lending shares was damaging Afrezza's market chances I wouldn't do it. As is, I have to look out for my own financial interests rather than those people in the situations above. I don't mind providing the noose to shorts to hang themselves... especially when they are leasing it from me at usury rates.
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Post by tbone on Jun 12, 2015 15:17:55 GMT -5
I have written a similar post regarding the short interest three times but have never pressed the button. I realize you guys get yourselves down to "zero cost basis" (not sure the term) but the absolute bottom line (and I did post this disguised as a question in another thread) is that if there are no shares to short, there will be no shorts. That said, we can control ourselves but not big money. And that said, I know many of us believe our shares make no difference. I believe they do and have pulled mine from the market. If you believe in the product don't allow shorts to play with your shares. If you don't believe in the product, then lend your shares out. But let's not speak from both sides of our mouths. I hope I haven't offended anyone. It's not my intention. I'm just saying I see the same spade in the room that Trend sees (though I disagree with the part about Haken, Matt, and Technosphere ?). Ps. Great Rx today!! Go MNKD! I believe in the product, but I don't believe shorting decreases the effectiveness of Afrezza for any patients. No offense, I just don't see the logic of your position. If you believe in the product, then you should believe that the only harm being done by shorts is to those with time limited long option positions, leveraged longs or longs that don't really believe in the product and sell scared. If my lending shares was damaging Afrezza's market chances I wouldn't do it. As is, I have to look out for my own financial interests rather than those people in the situations above. I don't mind providing the noose to shorts to hang themselves... especially when they are leasing it from me at usury rates. Amen!!
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Post by jgv on Jun 12, 2015 15:24:51 GMT -5
You are either providing the noose, or cutting off your nose to spite your face. It is incontrovertible that "if there are no shares to short, it can't be shorted."
It's just a FACT.
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Post by bobw on Jun 12, 2015 15:32:40 GMT -5
When the share price goes below $6.80 it complicates the refunding of the $100 million August convertible.
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Post by tbone on Jun 12, 2015 15:40:21 GMT -5
You are either providing the noose, or cutting off your nose to spite your face. It is incontrovertible that "if there are no shares to short, it can't be shorted." It's just a FACT. Shorting simply adds liquidity, nothing more. Should they also outlaw buying on margin because it helps longs "manipulate" price higher? It's funny you never hear "manipulate" associated with a rising price but only on moves lower and attributed to shorts. Is it so hard to believe that many feel as strongly as we do, only they feel strongly that Afrezza will be a flop and MNKD a zero? That's what makes a market. If there were nobody taking the other side of each trade then we would have no market to trade in. Shorts aren't evil manipulaters and aren't keeping the price suppressed. There are more longs than shorts, right? So how can the minority effectively manipulate the price for any length of time?
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Post by jgv on Jun 12, 2015 15:48:35 GMT -5
You are either providing the noose, or cutting off your nose to spite your face. It is incontrovertible that "if there are no shares to short, it can't be shorted." It's just a FACT. Shorting simply adds liquidity, nothing more. Should they also outlaw buying on margin because it helps longs "manipulate" price higher? It's funny you never hear "manipulate" associated with a rising price but only on moves lower and attributed to shorts. Is it so hard to believe that many feel as strongly as we do, only they feel strongly that Afrezza will be a flop and MNKD a zero? That's what makes a market. If there were nobody taking the other side of each trade then we would have no market to trade in. Shorts aren't evil manipulaters and aren't keeping the price suppressed. There are more longs than shorts, right? So how can the minority effectively manipulate the price for any length of time? Well, I think this is retorical but I never said anything about manipulation. Just saying you can't expect the pps to increase if you are the person fueling (by supplying your shares for short) the decrease. That is all. And I have nothing against shorters or long-shorter-enablers ?. I'm just agreeing with Trend that there is a Spade in the room and I see it (there are some who complain about the pps that also supply their shares for short: the spade).
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Post by tbone on Jun 12, 2015 15:55:31 GMT -5
Shorting simply adds liquidity, nothing more. Should they also outlaw buying on margin because it helps longs "manipulate" price higher? It's funny you never hear "manipulate" associated with a rising price but only on moves lower and attributed to shorts. Is it so hard to believe that many feel as strongly as we do, only they feel strongly that Afrezza will be a flop and MNKD a zero? That's what makes a market. If there were nobody taking the other side of each trade then we would have no market to trade in. Shorts aren't evil manipulaters and aren't keeping the price suppressed. There are more longs than shorts, right? So how can the minority effectively manipulate the price for any length of time? Well, I think this is retorical but I never said anything about manipulation. Just saying you can't expect the pps to increase if you are the person fueling (by supplying your shares for short) the decrease. That is all. And I have nothing against shorters or long-shorter-enablers ?. I'm just agreeing with Trend that there is a Spade in the room and I see it (there are some who complain about the pps that also supply their shares for short: the spade). I see. Sorry about the rant. Lol. I like your term "long short enablers".
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Post by dreamboatcruise on Jun 12, 2015 16:15:30 GMT -5
You are either providing the noose, or cutting off your nose to spite your face. It is incontrovertible that "if there are no shares to short, it can't be shorted." It's just a FACT. I picked up some shares in the $3's not too long ago. Seems like these low prices (likely owing in large part to shorting) have been good for me... and my nose. I'm patient. I believe the short squeeze will happen soon enough because I have full confidence in Afrezza. I'm going to end up making more money because of the shorting. Not only the chance to buy more shares at lower prices than would be possible otherwise, but also getting really nice interest. I agree with your fact, I just don't see it as the bad thing that you do. Now if at some point we could all coordinate and yank our shares back such that we got the monster of all short squeezes... that might just be fun enough to get me to participate... but that really isn't possible.
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Post by chicagpete on Jun 12, 2015 17:51:29 GMT -5
When the share price goes below $6.80 it complicates the refunding of the $100 million August convertible. I heard a pretty reliable rumor in Vegas several months ago when rates were still under 20percent- that a very substantial original shareholder - "friend of Al's" was bringing in a million + of shares to a specific brokerage house to be lent out. I don't believe management cares if retail lends out the shares.
I often come back to bobw's theory for the shorts latest hope to get out of their mess - keep pps significantly under $6.80 thru August - and MNKD forced to dilute or come up with creative re-financing. Matt insists dilution will not occur. I heard Matt comment at BofA conference at Wynn few weeks ago when price was still in 3"s - that he felt scripts/sales could increase significantly in coming months - which would impact pps by August - and possibly bring pps over $6.80. Just one potential option available to him to handle the $100M debt. MNKD Management knows its all about the scripts/sales - and SNY will execute the joint committee's plan.
Short interest is still currently in control of pps - until they are NOT!
After months of rejecting and debating the shorts are stuck theory with many on this board - I now truly believe the shorts know the odds are very heavily against them - but they don't do something about it - because they can't!!!! Somebody has shorted so many shares - that there is just not enough of their clients money to cover!!!
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Post by mannmade on Jun 12, 2015 18:48:11 GMT -5
My guess is Al loans mnkd the money to repay BofA note if Plan A fails. How else could Matt state no dilution unless he had a solid Plan B?
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