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Post by centralcoastinvestor on Aug 15, 2015 12:23:32 GMT -5
The Nasdaq website for Mannkind now shows 27.5% institutional ownership. That is up approximately 1.5%. In my book that is huge news for Mnkd longs. While so many "journalists" have been predicting the end of Mnkd, the tutes have been buying. This is really good news IMHO.
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Post by dreamboatcruise on Aug 15, 2015 13:21:33 GMT -5
I wonder what fraction of these institutionally held shares are lent to shorts. Also, I wonder if institutions that have lent shares ever use the recall of shares to influence price.
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Post by suebeeee1 on Aug 15, 2015 17:05:16 GMT -5
I wonder what fraction of these institutionally held shares are lent to shorts. Also, I wonder if institutions that have lent shares ever use the recall of shares to influence price. In the long run it probably doesn't matter if they lend them or not. The reality is that a larger percentage of institutions own MNKD. They could buy options which might net them more, but given they have purchased the stock, my guess is they are worried about the stock shooting up and them missing the boat. |
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Post by notamnkdmillionaire on Aug 15, 2015 17:08:44 GMT -5
I wonder what fraction of these institutionally held shares are lent to shorts. Also, I wonder if institutions that have lent shares ever use the recall of shares to influence price. In the long run it probably doesn't matter if they lend them or not. The reality is that a larger percentage of institutions own MNKD. They could buy options which might net them more, but given they have purchased the stock, my guess is they are worried about the stock shooting up and them missing the boat. Can't those institutions lend out the shares they own? Answer: Absolutely and most likely they do! Many of those institutions would loan out their own family members if they could make a buck off of it. |
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Post by prosper on Aug 15, 2015 17:13:05 GMT -5
Does institutional ownership include any institutions/groups/foundations controlled by Al Mann? If so, does anyone know how much of that is in this number?
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Post by spiro on Aug 15, 2015 17:31:17 GMT -5
Spiro wants to know, what do these institutions know, that the shorts don't know?
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Post by savzak on Aug 15, 2015 19:51:04 GMT -5
Spiro wants to know, what do these institutions know, that the shorts don't know? The institutional shorts have beat the tar out of 98.5% of the institutional longs. Maybe the most recent 1.5% will do better. |
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Post by mnholdem on Aug 15, 2015 20:44:48 GMT -5
Spiro wants to know, what do these institutions know, that the shorts don't know? Perhaps the 'tutes simply know that when the time comes to cover, short interests will have to buy back all 116 million shares they borrowed to sell short. Where will they find that many shares quickly? The institutions want those shares now in order to make a killing later. Whatever catalyst causes pps to climb, the shorts will have to pay the piper - and they'll pay through the nose, I hope. |
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Post by spiro on Aug 15, 2015 21:52:20 GMT -5
Savzak, the shorts have not beaten the tar out of anyone yet, because they haven't covered. With the scripts basically flat for the entire 2nd quarter, why did the institutional ownership go up, instead of down?
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Post by centralcoastinvestor on Aug 16, 2015 2:17:22 GMT -5
Savzak, the shorts have not beaten the tar out of anyone yet, because they haven't covered. With the scripts basically flat for the entire 2nd quarter, why did the institutional ownership go up, instead of down? Agreed. The institutions play for the long haul. Until this game is fully played out, we won't know who has actually won the war. Have the shorts won some battles? Yes they have. Have they won the war? Not by a long shot. One to two years from now, we will know who wins. |
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Post by ripano on Aug 16, 2015 8:36:42 GMT -5
This is exactly why I keep reapting that the Shorts are aka Buyers who are quietly continuing to accumulate shares at ridiculously low prices for as long as they can. They will exit with the Call options they have also accumulated along the way. It's not personal , it's just business on Wall Street. It's what they do best, "Make Money".
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Post by gomnkd on Aug 16, 2015 12:40:48 GMT -5
There is negligible amount of "active" institutional biotech money in MNKD. Some e.g. of active $ are Baker bros, Orbimed, RA cap...
If you look at institutional holders of MNKD, most are passive biotech ETF variety (aka dumb $). As retail folks allocate more to biotech ETFs, the ETF's just buy more MNKD based on passive allocation. MNKD with 1+BB market cap will feature in many of these ETFs.
Move on, there's nothing here to see.
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