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Post by jeremg on Nov 11, 2015 11:11:15 GMT -5
The report is up on Schwab News, I believe it is confirmed.
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Post by LongMNKD on Nov 11, 2015 11:14:23 GMT -5
Well even if the report is false... the value of the stock is so far down now... the 50m shares will not generate the money management expected. Never again will I invest in a stock with such a high short interest... I'm sorry your happy days did not last longer kball, the hair will grow back slowly.
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Post by novafett on Nov 11, 2015 11:15:45 GMT -5
I have to laugh.. this thread is like chum in the water to all the johnny come lately shorts to this board. Can't say i've seen so many 1-<100 posts in a single thread.
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Post by esstan2001 on Nov 11, 2015 11:17:25 GMT -5
The report is up on Schwab News, I believe it is confirmed. I call this report more short FUD BS. No way you undo moving a security to another exchange when you want to attract additional securities. |
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Post by rrtzmd on Nov 11, 2015 11:21:28 GMT -5
The report is up on Schwab News, I believe it is confirmed. I call this report more short FUD BS. No way you undo moving a security to another exchange when you want to attract additional securities. I don't believe they're "undoing" moving the security. They just not allowing the offering to the ETFs. |
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Post by jeremg on Nov 11, 2015 11:25:20 GMT -5
The report is up on Schwab News, I believe it is confirmed. I call this report more short FUD BS. No way you undo moving a security to another exchange when you want to attract additional securities. After what I've seen happen to this stock over the last year this is likely true. The corruption is boundless and from the report it actually seems as though the SEC may have had a hand in canceling the offering. I am numb at this point, nothing here surprises me. Let's see if management will finally stand up for shareholder value and inform the public as to whether this is true or not. I can't see the guilty parties involved making this up and exposing themselves so blatantly to criminal prosecution, it would make no sense for them to make this up. |
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Post by rrtzmd on Nov 11, 2015 11:25:37 GMT -5
Courtesy of Schwab:
"MannKind's (NASDAQ: MNKD) TASE financing formally cancelled, according to market reports.
UPDATE - According to Israel's Calcalist, regulators in Israel are cancelling MannKind's ability to raise money on the TASE. ETFs were supposed to inject MannKind with 400 million amid its entry into the TA-100 and TA-75
The situation is a barrier between the SEC and MannKind which can prevent the company from raising funds in the manner it intended to, according to Calcalist.
The publication noted that "the Israel Securities Authority is investigating the matter but, at the moment there is no decision on the issue."
The ISA is opposing Mutual Fund managers from raising funds for two primary reasons: the current security level and liquidity concerns with another offering without the issue being satisfactorily resolved.
MannKind shares are down 7 percent after dropping over 15 percent on Tuesday's trading session."
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Post by jeremg on Nov 11, 2015 11:26:58 GMT -5
Courtesy of Schwab: "MannKind's (NASDAQ: MNKD) TASE financing formally cancelled, according to market reports. UPDATE - According to Israel's Calcalist, regulators in Israel are cancelling MannKind's ability to raise money on the TASE. ETFs were supposed to inject MannKind with 400 million amid its entry into the TA-100 and TA-75 The situation is a barrier between the SEC and MannKind which can prevent the company from raising funds in the manner it intended to, according to Calcalist. The publication noted that "the Israel Securities Authority is investigating the matter but, at the moment there is no decision on the issue." The ISA is opposing Mutual Fund managers from raising funds for two primary reasons: the current security level and liquidity concerns with another offering without the issue being satisfactorily resolved. MannKind shares are down 7 percent after dropping over 15 percent on Tuesday's trading session." This is what I had seen as well, it's confirmed. Unbelievable... |
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Post by doodyfree on Nov 11, 2015 11:29:01 GMT -5
Courtesy of Schwab: "MannKind's (NASDAQ: MNKD) TASE financing formally cancelled, according to market reports. UPDATE - According to Israel's Calcalist, regulators in Israel are cancelling MannKind's ability to raise money on the TASE. ETFs were supposed to inject MannKind with 400 million amid its entry into the TA-100 and TA-75 The situation is a barrier between the SEC and MannKind which can prevent the company from raising funds in the manner it intended to, according to Calcalist. The publication noted that "the Israel Securities Authority is investigating the matter but, at the moment there is no decision on the issue." The ISA is opposing Mutual Fund managers from raising funds for two primary reasons: the current security level and liquidity concerns with another offering without the issue being satisfactorily resolved. MannKind shares are down 7 percent after dropping over 15 percent on Tuesday's trading session." This is what I had seen as well, it's confirmed. Unbelievable... |
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Post by rrtzmd on Nov 11, 2015 11:29:24 GMT -5
Courtesy of Schwab: "MannKind's (NASDAQ: MNKD) TASE financing formally cancelled, according to market reports. UPDATE - According to Israel's Calcalist, regulators in Israel are cancelling MannKind's ability to raise money on the TASE. ETFs were supposed to inject MannKind with 400 million amid its entry into the TA-100 and TA-75 The situation is a barrier between the SEC and MannKind which can prevent the company from raising funds in the manner it intended to, according to Calcalist. The publication noted that "the Israel Securities Authority is investigating the matter but, at the moment there is no decision on the issue." The ISA is opposing Mutual Fund managers from raising funds for two primary reasons: the current security level and liquidity concerns with another offering without the issue being satisfactorily resolved. MannKind shares are down 7 percent after dropping over 15 percent on Tuesday's trading session." This is what I had seen as well, it's confirmed. Unbelievable... But this came from the article I linked to earlier -- or so it seems. I did not get from that article that they had actually cancelled the deal, but that "authorities" were up to something. |
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Post by mdcenter61 on Nov 11, 2015 11:29:58 GMT -5
No, the Schwab news is just still the rehashed old news from earlier. No confirmation yet, just "market reports"
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Post by purge on Nov 11, 2015 11:30:11 GMT -5
If this new is a matter of fact, does anyone still believe our management team has any credibility?
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Post by doodyfree on Nov 11, 2015 11:30:17 GMT -5
This is what I had seen as well, it's confirmed. Unbelievable... Anyone with Shwab can confirm? I don't trust these two clowns |
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Post by obamayoumama on Nov 11, 2015 11:37:55 GMT -5
Anyone with Shwab can confirm? I don't trust these two clowns . If this is true, why isn't the stock halted? |
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Post by esstan2001 on Nov 11, 2015 11:40:11 GMT -5
I call this report more short FUD BS. No way you undo moving a security to another exchange when you want to attract additional securities. I don't believe they're "undoing" moving the security. They just not allowing the offering to the ETFs. and if that is truly the case the shorts will have to scramble like rats from a sinking ship to cover as the ETF buys 10-15% of the registered shares to fill the funds... |
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