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Post by peppy on Oct 23, 2015 8:42:43 GMT -5
What does this change? Europeans can buy on NASDAQ (and so can Israeli investors...). It's not as if this exposes us to a whole new group of potential investors? There must be another angle to this. A personal thing for A. Mann is all I can come up with? Hopefully this brings us closer to selling in Israel? A small population but it would be our first non US market. Not certain how that would help us with the bigger Saudi and Gulf market though? The ADR will be priced in a different currency. hopefully Euro. the currency fluctuations either way will also effect price. Many stocks ADR out of Israel.
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Post by novafett on Oct 23, 2015 8:44:24 GMT -5
Does this help lessen the MNKD debt at all? It's essentially a whole new realm of shares right?
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Post by peppy on Oct 23, 2015 8:48:09 GMT -5
Does this help lessen the MNKD debt at all? It's essentially a whole new realm of shares right? not exactly. It is new potential buyers that can trade the stock in a different currency. Since sanofi is in charge of sales, and they are located in France ... and we are trying for EU approval... and the clamp study has been completed, and price started to pop last Friday, hmmmm
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Post by mbseeking on Oct 23, 2015 8:47:51 GMT -5
To break out of the short stranglehold in the US. Sure hope that you are right. Do you suppose that it would ever be possible to kiss goodbye the corrupted, manipulated NYC-based markets goodbye entirely, and shop around the world for the most uncorrupted exchange for listing, and could that be a card in Al's hand? Does Tel Aviv have all the dark pools and HFT that Wall Street has? Or will theirs compete with ours and cancel each other out? Not sure about the dark pools.. my guess is GS has them in the US only so far.. I struggle to believe anyone else would be so foolish to let them set up.. I think what does this is that MNKD's market cap is sufficient to get in various indexes in Israel. This means there will be some funds that will have to invest, and slow to divest. The shorts hit broadcasters (AF, Motley , the street) wont affect these funds. MNKD only needs a little new Long money to break the short stranglehold as they have nearly exhausted their available shares to short (per the fail to deliver metrics). This is a left field outflanking strategy to break the stranglehold the hedges have in the US. Will it work. Time will tell. But it seems pretty clever to me. I dont know Al Mann personally, but I firmly believe today he is working for me: a retail Long. |
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Post by ezrasfund on Oct 23, 2015 8:52:16 GMT -5
Still wondering which Middle Eastern country would like to buy $200 million of Afrezza?
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Post by peppy on Oct 23, 2015 8:53:34 GMT -5
Sure hope that you are right. Do you suppose that it would ever be possible to kiss goodbye the corrupted, manipulated NYC-based markets goodbye entirely, and shop around the world for the most uncorrupted exchange for listing, and could that be a card in Al's hand? Does Tel Aviv have all the dark pools and HFT that Wall Street has? Or will theirs compete with ours and cancel each other out? Not sure about the dark pools.. my guess is GS has them in the US only so far.. I struggle to believe anyone else would be so foolish to let them set up.. I think what does this is that MNKD's market cap is sufficient to get in various indexes in Israel. This means there will be some funds that will have to invest, and slow to divest. The shorts hit broadcasters (AF, Motley , the street) wont affect these funds. MNKD only needs a little new Long money to break the short stranglehold as they have nearly exhausted their available shares to short (per the fail to deliver metrics). This is a left field outflanking strategy to break the stranglehold the hedges have in the US. Will it work. Time will tell. But it seems pretty clever to me. I dont know Al Mann personally, but I firmly believe today he is working for me: a retail Long. Dark pools were probably created in Europe. GS has European arms. remember they trade for the federal reserve. they are a primary dealer. We think we are so smart. USA citizens forget, we came on boats from Europe. Our whole banking system the creation of money, comes from Europe.
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Post by caveintemptor on Oct 23, 2015 8:56:10 GMT -5
Very nasty timing against shorts: Will increase demand for MNKD shares at the time 9,000,000 on loan to shorts disappear...
Sweet !
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Post by Deleted on Oct 23, 2015 9:01:47 GMT -5
Brilliant move by Al Mann!
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Post by mssciguy on Oct 23, 2015 9:03:13 GMT -5
peppy Have you read Flash Boys? HFT was invented by a Russian programmer working for GS in the US, but was done with largely open-source snippets of code. So, in a way it was crowd-sourced. Also btw, GS had the programmer arrested and jailed because he emailed himself some of the code. I think that most places would prosecute anyone using these tactics, but GS has their people in SEC and lies that HFT and dark pools are necessary for liquidity and accomodating larger clients. It's wrong and should either be heavily taxed, or banned. Sorry to go off-topic. It's been very painful and my sympathy for those who got burned
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Post by peppy on Oct 23, 2015 9:19:24 GMT -5
peppy Have you read Flash Boys? HFT was invented by a Russian programmer working for GS in the US, but was done with largely open-source snippets of code. So, in a way it was crowd-sourced. Also btw, GS had the programmer arrested and jailed because he emailed himself some of the code. I think that most places would prosecute anyone using these tactics, but GS has their people in SEC and lies that HFT and dark pools are necessary for liquidity and accomodating larger clients. It's wrong and should either be heavily taxed, or banned. Sorry to go off-topic. It's been very painful and my sympathy for those who got burned No, I have not read it. (I watch it, oh ha ha) I do not think trading was like this when they had to use a telephone to call a broker who put in an order. All this happened before our eyes in our life time.
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Post by mssciguy on Oct 23, 2015 9:23:13 GMT -5
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Post by vestful on Oct 23, 2015 9:24:12 GMT -5
Is this the reason for the small increase this week in sp. Seems like a very calculated move on the chess board. Although I don't truly don't understand the ramifications I like it. Look forward to reading some posts with more knowledge about the affect this could have...
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Post by bradleysbest on Oct 23, 2015 9:28:14 GMT -5
What is nice about this is no one saw it coming. We know the big catalysts (EU approval, insurance, scripts, etc...) that will start the beat down of the shorts! Keep the surprises coming!
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Post by mssciguy on Oct 23, 2015 9:34:18 GMT -5
What is nice about this is no one saw it coming. We know the big catalysts (EU approval, insurance, scripts, etc...) that will start the beat down of the shorts! Keep the surprises coming! Agree 110% --- from the recent data and some posts elsewhere on accepted/denied claims, it's growing clear that insurance is the bottleneck here... and seeing that open enrollment for many plans is in Dec, and that the tidal wave impact of Sanofi's magazine ad campaign is not yet evident, we may indeed have a "black swan" event of multiple catalysts simultaneously. But this listing in Tel Aviv should serve as a warning "shot across the bow" to all of the shorts |
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Post by mbseeking on Oct 23, 2015 9:34:54 GMT -5
Not sure about the dark pools.. my guess is GS has them in the US only so far.. I struggle to believe anyone else would be so foolish to let them set up.. I think what does this is that MNKD's market cap is sufficient to get in various indexes in Israel. This means there will be some funds that will have to invest, and slow to divest. The shorts hit broadcasters (AF, Motley , the street) wont affect these funds. MNKD only needs a little new Long money to break the short stranglehold as they have nearly exhausted their available shares to short (per the fail to deliver metrics). This is a left field outflanking strategy to break the stranglehold the hedges have in the US. Will it work. Time will tell. But it seems pretty clever to me. I dont know Al Mann personally, but I firmly believe today he is working for me: a retail Long. Dark pools were probably created in Europe. GS has European arms. remember they trade for the federal reserve. they are a primary dealer. We think we are so smart. USA citizens forget, we came on boats from Europe. Our whole banking system the creation of money, comes from Europe.
Thinking further to practical implications.. as the shorts realise what Al has done over the next week they will probably get a little angry,, expect things to get very volatile. I had a very deep stop loss trailing sell order (outside the band of normal short inspired shenanigans ) but maybe not deep enough for what may soon come. I've just removed that. The price could jump all over the place - the shorts have the power to do that.. but watch the after hour trades.. since we are already recently broken the fail to delivers metric , the MMs will be struggle have to try and get whole on the naked shorting: and they tend to do that after and pre market. If there is reasonable volume, at favourable price to the longs outside market hours, you know the shorts are in pain. (This is just me.. you have to make your own decision and make your own peace with owning MNKD). |
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