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Post by BD on Aug 12, 2015 7:13:15 GMT -5
mn, there are lots of variables, but what I'm hoping for is just a very rough baseline value (guess) for the number of shares being lent out by the average retail shareholder. Anyone who does not lend their shares out, for any reason (including not being able to even if they wanted to) can check the last option and provide useful data. But i highly doubt this board is indicative of "average retail shareholder". I'd say its a pond stocked with bigger than average fish to much bigger than average. jmho Of course it won't be scientific. That's why I threw the word "guess" into my original post. |
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Post by kball on Aug 12, 2015 7:19:44 GMT -5
Just spit ballin' here, but if the vegas meet up happens perhaps we should convene in the hotel rooms/suites of those in excess of 200k shares? Food and drink courtesy of those w 100-200k Entertainment courtesy of those w 50-100k (although inviting and watching Afrezza users puff during the weekend may be a better/cheaper entertainment (and toasting) alternative). All those in favor say... (also, its 5am here and i haven't really thought this out thoroughly). hehe who are you? Robin Hood? I love the ideas but that's not how the 1% stay in the 1% I'm just an idea man. It can be argued the 1%'ers are indeed very generous (including charitable donations) |
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Post by mnholdem on Aug 12, 2015 7:54:08 GMT -5
Perhaps when the long-awaited Vegas party takes place there will be more than a few MNKD shareholders willing to buy a few rounds.
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Post by obamayoumama on Aug 12, 2015 9:07:54 GMT -5
BD, I hope your information is correct. I have a margin account at ameritrade and don't carry a balance. They told me that as long as I had a margin account my shares could be lent out. I want to stop this but switching to non margin has some limitations that I would like to avoid. All I know is that I went through this and asked several different reps the questions, and got the same answer (that if I don't carry a margin balance, my shares won't be loaned.) If they told you differently, then that's a concern. Or, things may have changed since I asked last. I'll check in with TDA about it and see if the story I get is still the same... Ask them to move your shares of MNKD to "type 1" which will make your shares of MNKD unable to be shorted by anyone. You can still have the rest of your shares available for margin. |
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Post by dpca10 on Aug 12, 2015 9:28:20 GMT -5
All I know is that I went through this and asked several different reps the questions, and got the same answer (that if I don't carry a margin balance, my shares won't be loaned.) If they told you differently, then that's a concern. Or, things may have changed since I asked last. I'll check in with TDA about it and see if the story I get is still the same... Ask them to move your shares of MNKD to "type 1" which will make your shares of MNKD unable to be shorted by anyone. You can still have the rest of your shares available for margin. I just got off the phone with ameritrade. They told me that if shares are held in a margin account they absolutely have the potential to be lent out even if there was no margin balance. I wanted to pass this on as we apparently are getting conflicting stories. I didn't read this yet so haven't been able to ask about the type 1. |
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Post by notamnkdmillionaire on Aug 12, 2015 9:35:56 GMT -5
I just got off the phone with ameritrade. They told me that if shares are held in a margin account they absolutely have the potential to be lent out even if there was no margin balance. I wanted to pass this on as we apparently are getting conflicting stories. I didn't read this yet so haven't been able to ask about the type 1. It goes back to what I wrote to Rob a few days ago. If you have shares bought on margin, they technically are NOT your shares and the brokerage firm can do what they want with them. People should read the fine print of the margin account contract. It should clearly state what the firm can do with your shares. |
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Post by kc on Aug 12, 2015 9:46:50 GMT -5
Perhaps when the long-awaited Vegas party takes place there will be more than a few MNKD shareholders willing to buy a few rounds.
There are many that we own a debt of gratitude that we might have to sponsor.
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Post by kball on Aug 12, 2015 9:51:44 GMT -5
I just got off the phone with ameritrade. They told me that if shares are held in a margin account they absolutely have the potential to be lent out even if there was no margin balance. I wanted to pass this on as we apparently are getting conflicting stories. I didn't read this yet so haven't been able to ask about the type 1. It goes back to what I wrote to Rob a few days ago. If you have shares bought on margin, they technically are NOT your shares and the brokerage firm can do what they want with them. People should read the fine print of the margin account contract. It should clearly state what the firm can do with your shares. Also, a law degree from an Ivy league university, if possible, is strongly recommended. |
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Post by patryn on Aug 12, 2015 10:06:35 GMT -5
If there is a Vegas meetup, MNKD would have probably met or exceeded most of our expectations. I can safely say that should that day come, I would be happy to rent out the entire penthouse at the Bellagio and host a party for everyone who would want to show up without even needing to sell any of my MNKD shares  |
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Post by mnholdem on Aug 12, 2015 10:28:17 GMT -5
You should expect several hundred thumbs up for that post, pal.
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Post by kball on Aug 12, 2015 10:45:02 GMT -5
If there is a Vegas meetup, MNKD would have probably met or exceeded most of our expectations. I can safely say that should that day come, I would be happy to rent out the entire penthouse at the Bellagio and host a party for everyone who would want to show up without even needing to sell any of my MNKD shares Now we're talking! Ok who wants to pony up for about 40-50 Cirque tickets? |
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Post by petech on Aug 12, 2015 12:02:06 GMT -5
If there is a Vegas meetup, MNKD would have probably met or exceeded most of our expectations. I can safely say that should that day come, I would be happy to rent out the entire penthouse at the Bellagio and host a party for everyone who would want to show up without even needing to sell any of my MNKD shares How do we know you are not, in fact, Al Mann? |
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Post by patryn on Aug 12, 2015 13:18:58 GMT -5
If there is a Vegas meetup, MNKD would have probably met or exceeded most of our expectations. I can safely say that should that day come, I would be happy to rent out the entire penthouse at the Bellagio and host a party for everyone who would want to show up without even needing to sell any of my MNKD shares How do we know you are not, in fact, Al Mann? Well besides the fact that I have left enough information to trivially find out my real identity should you choose to (I don't have anything to hide unlike most of the people on the opposite side of the trades that I make), you will just have to wait and wonder |
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Post by cusop on Aug 12, 2015 13:31:33 GMT -5
see you there!
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adh
Newbie
Posts: 12 
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Post by adh on Aug 13, 2015 7:48:02 GMT -5
I thought it might be interesting to find out how many shares could be pulled from the shorts' clutches if we were to all cease lending our shares (actually, I don't lend mine, but I mean that collectively.) Note that the board software does not keep track of who voted what, so even the staff won't see how many shares you own. My shares are coded for a cash Accnt! |
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