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Post by factspls88 on Nov 11, 2015 15:05:07 GMT -5
2012 was the year of mnkd, 2013 was the year of mnkd,2014 ..... , 2015... and now 2015. I think this horse has been beaten beyond recognition. Turn out the lights. My options are worthless once again. No mas for me. You raise an excellent point. Maybe it's not about the common stock at all, but about defrauding option and warrant holders. Please report your loss to SEC via their website, submit a tip...... you can leave contact details. Who knows maybe you'll be eligible for something. I never play options because they seem to me to be a "heads I win, tails you lose" racket.
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Post by jeremg on Nov 11, 2015 15:06:22 GMT -5
You raise an excellent point. Maybe it's not about the common stock at all, but about defrauding option and warrant holders. Please report your loss to SEC via their website, submit a tip...... you can leave contact details. Who knows maybe you'll be eligible for something. I never play options because they seem to me to be a "heads I win, tails you lose" racket. It's much worse... the MMs often switch out the coin mid-flip with a double-sided "heads" in their favor. I avoid options like the plague.
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Post by mssciguy on Nov 11, 2015 15:07:48 GMT -5
You raise an excellent point. Maybe it's not about the common stock at all, but about defrauding option and warrant holders. Please report your loss to SEC via their website, submit a tip...... you can leave contact details. Who knows maybe you'll be eligible for something. I never play options because they seem to me to be a "heads I win, tails you lose" racket. I only played options once, and watched in horror as HFT moved the stock price by 2 pennies to wipe out options holders every Friday. It's a fool's paradise. You might win, but only if you made a completely foolish bet (weird huh?)
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Post by patryn on Nov 11, 2015 15:13:05 GMT -5
2016 will be the MNKD year! Alright putting my money where my mouth is on this one. Never thought I'd get 100k shares this cheap, though this particular purchase is probably not a buy and hold for 20 years one.
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Post by suebeeee1 on Nov 11, 2015 15:17:55 GMT -5
I never play options because they seem to me to be a "heads I win, tails you lose" racket. I only played options once, and watched in horror as HFT moved the stock price by 2 pennies to wipe out options holders every Friday. It's a fool's paradise. You might win, but only if you made a completely foolish bet (weird huh?) I play options all the time. Mostly to reduce the price of an acquisition. Selling puts either nets you cash or gets you shares at a lower cost than they were available on the day you sold the puts. When I have no clue which way a stock will go and am worried about a big move up,I'll both sell puts and buy calls at the same strike price. Usually allows me the opportunity to buy the shares at a slightly lower price. I have bought straight up calls and have lost money every time
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Post by mdcenter61 on Nov 11, 2015 15:19:21 GMT -5
2016 will be the MNKD year! Alright putting my money where my mouth is on this one. Never thought I'd get 100k shares this cheap, though this particular purchase is probably not a buy and hold for 20 years one.
I like it! You need a wheelbarrow to carry yours around when you walk, as we say in Texas! Not enough dry powder here, but I think any buy this morning is an absolute steal. Congrats.
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Post by mnholdem on Nov 11, 2015 15:23:57 GMT -5
Are we witnessing a bottom with Shorty covering this afternoon or is it mostly opportunistic buying (i.e. patryn) that has had the pps rising since noon? Nice volume for a change, which indicates some serious sentiment: greed or fear, take your pick.
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Post by mnkdnut on Nov 11, 2015 15:32:29 GMT -5
I haven't sold any shares (yet) because my core belief is that MNKD is worth more, even in a fire sale. For those of you that predicted that yesterday and today would bring the short sellers out to aggressively hammer the stock down to undermine the TASE transactions, this is exactly what is happening. The shorts are counting on covering with near-worthless shares, so any news that MNKD is surviving for at least another year is bad news to them. Did you hear the questions from the analysts on the MNKD CC? Sounded like shorts wanting to assess when/how MNKD might escape their noose. For the shorts to lose, we just have to survive (not necessarily thrive) until the technology starts fulfilling its commercial potential. So, given that the Israel market move buys us at least another year, the critical issues for me become 1.) the issue of SNY's lackadaisical participation in the partnership needs to be resolved aggressively, and b.) Al Mann and the BOD has to actively question whether or not current management can really get the remaining job done. It would take SNY so little effort right now to inject a critical vote of confidence in Afrezza/MNKD, but they stay silent. Brandicourt is just not a believer IMO. The current announced FDA follow-up studies are small commitments so far, so not strong signs of their future commitment (unfortunately).
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Post by patryn on Nov 11, 2015 15:42:31 GMT -5
Alright putting my money where my mouth is on this one. Never thought I'd get 100k shares this cheap, though this particular purchase is probably not a buy and hold for 20 years one.
I like it! You need a wheelbarrow to carry yours around when you walk, as we say in Texas! Not enough dry powder here, but I think any buy this morning is an absolute steal. Congrats.
I will either need the wheelbarrow to carry around the embarrassment of riches when the story plays out or to clean up the mess from all the panicking people who have more invested in this stock than they are willing or able to lose. Either way, I am putting enough chips on the table to see how the next few chapters in the saga of 'As MNKD turns' plays out.
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Post by doodyfree on Nov 11, 2015 15:53:40 GMT -5
I like it! You need a wheelbarrow to carry yours around when you walk, as we say in Texas! Not enough dry powder here, but I think any buy this morning is an absolute steal. Congrats.
I will either need the wheelbarrow to carry around the embarrassment of riches when the story plays out or to clean up the mess from all the panicking people who have more invested in this stock than they are willing or able to lose. Either way, I am putting enough chips on the table to see how the next few chapters in the saga of 'As MNKD turns' plays out. I am now in the elite club of people whom bought at the 1's woot
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Post by me on Nov 11, 2015 16:10:04 GMT -5
Keep in mind. If my memory serves me correctly, Al has 140 million or so on the sidelines from the sale of his industrial park in Valencia. Not the corporate HQ but the park owned were Mann Foundation is HQ. Charity starts at home. Reading the 10Q tells us that if Al sells the Valencia HQs, the proceeds have to be used to pay off Sanofi. The money can not be used for anything else other than that. And what, pray tell, does the "industrial park in Valencia... Not the corporate HQ" have to do with the proceeds from the sale of the "Valencia HQ?
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Post by jurystillout on Nov 11, 2015 16:20:19 GMT -5
Look, if MNKDs chances rest completely on financing that can be affected by shorts actions, then they, and we, are f... As of now it would seem that, just as in the past several years other than for a brief stint after approval, the shorts are completely in control of this stock. It is pretty obvious that this attack served purposes in several fronts, 1.- it erodes credibility of management, even if it turn that the rumor was just that, a rumor. 2.- it creates more panic, so the stock goes on free fall. Even if the rumor is proven false, fewer investors will buy back in or just buy in. Uncertainty at this point is all people see. 3.- It greatly limits Mannkind options for financing. If the stock does not recover to the 2.5 area, which I do not see happening, the influx of capital from the offering in TASE will be greatly reduced, effectively shortening the life of the company. I used to think shorts would create enough confusion to bring this down to where they could cover comfortably, knowing that their buying would not bring the stock back up immediately. I used to think there was iso way they could bring the company into bankruptcy. Now I am not so sure. Now I am thinking they might be set in destroying the company all together. The question is, can Mannkind get in front of the game long enough to win? I don't agree that the shorts control this stock, MNKD and SNY do however control it. The shorts are nothing more than a pain in the ass obstacle that need to be worked around. I have to admit that I did bite, hook, line and sinker to todays "news", luckily for me I suppressed the urge to sell on emotion. This extremely poor reporting did shake up a few things, and undoubtedly caused many people to loose significant amounts of money. Hopefully this false catastrophic event brought some attention to the real vulnerabilities MNKD is facing and shareholders will ask management take steps to address them. MNKD and SNY are in complete control of the success or failure of this company/stock, it's up to them to make the right decisions, fix the bad decisions, foresee potential pitfalls, manage the money and steer the ship. If they do these things correctly the shorts go away with a wimper.
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Post by hammer on Nov 13, 2015 6:35:21 GMT -5
You might want to check out the stocktwits and ymb streams -- a few good nuggets there day, to summarize: long-term technical analysis (past decade) suggest we just hit a bottom that occurs every few years, and will now possibly triple again. Another: Al set up a sale to Israeli firms for $2.00 per share back in 2012 (coincidence that the price is back to that point prior to another sale?). We won't know what's happening until it's all over. I am holding despite being down. All of my shares in an IRA. I would NEVER loan my shares to shorts. Those of you who have loaned out your shares, SHAME ON YOU. Please stop this nonsense. Thanks Mssciguy. I have to recognize that I never visit the Yazoo board anymore. To much garbage to roam through. However, I will agree with you that everything that happens around this company is extremely unusual. I, personally, have never seen anything like it, but I normally stick to less risky sectors, usually technology and finance. As for lending your shares, I am not lending mine either right now, incredibly enough, I sleep better that way. However, I do not judge, but understand people that decide to lend theirs.
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Post by hammer on Nov 13, 2015 6:39:58 GMT -5
Keep in mind. If my memory serves me correctly, Al has 140 million or so on the sidelines from the sale of his industrial park in Valencia. Not the corporate HQ but the park owned were Mann Foundation is HQ. Charity starts at home. Reading the 10Q tells us that if Al sells the Valencia HQs, the proceeds have to be used to pay off Sanofi. The money can not be used for anything else other than that. Just to clarify the point. You are correct about the use of the Mannkind headquarters building in Valencia. This property is owned by Mannkindcorp it was used as collateral. I am referring to another property in which Al Mann personally owned the whole business park. This location is home of the Mann foundation. It recently sold in the last year for a price of 140 Mil. This was not collateralized with the SNY loan. If you check the addresses at both location they are close to each other but are 2 distinct properties.
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Post by pktrump on Nov 13, 2015 8:03:48 GMT -5
MNKD needs leverage and time. 140 million is a lot of money which could keep MNKD afloat for over a year.
Is there an Al Mann put?
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