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Post by boytroy88 on Nov 12, 2015 10:23:23 GMT -5
Wow, so shot up!
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Post by dreamboatcruise on Nov 12, 2015 10:25:55 GMT -5
Yeah... congrats to the brave that bought under $2... and smaller congrats to all who stuck it out. At least I didn't sell anything yesterday.
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Post by cathode on Nov 12, 2015 10:28:38 GMT -5
I am trying to see how it responded on TASE, but all the data is delayed 20 minutes. At time I looked it was 885 -> $2.28 www.tase.co.il/Eng/General/Company/Pages/companyMainData.aspx?subDataType=0&companyID=001652&shareID=01136639Edit: at 17:11 Israel, price was $2.32 at 17:16, 17:18 Israel, $2.83 at 17:20, 1385 shekel-cents -> $3.57 at 17:21, 1400 shekel-cents -> $3.61! at 17:23, 1300 shekel-cents -> $3.35 at 17:25, 17:27 1200 shekel-cents -> $3.09 at 17:30, the close, 1200 shekel-cents -> $3.09
Too bad(?) it didn't close at the peak. I put a questionmark because I don't fully understand the obligations of the TASE Indexes.
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Post by tbone on Nov 12, 2015 10:30:23 GMT -5
You can believe the price correlated there to here
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Post by babaoriley on Nov 12, 2015 10:37:14 GMT -5
You can believe the price correlated there to here And it is natural that it would, generally, the price will be very close during the short time the NA markets and the TASE are both in business. Just like dual listed securities between Canada and the US, of which there are many.
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Post by peppy on Nov 12, 2015 10:39:00 GMT -5
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Post by mssciguy on Nov 12, 2015 10:40:40 GMT -5
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Post by babaoriley on Nov 12, 2015 10:40:58 GMT -5
And while I wouldn't exactly call this a short squeeze, this rally does have an element of short covering. Now let's get the darn deal closed on Sunday in Tel Aviv without further drama.
I wouldn't be surprised to see a "Dewey, Cheatham & Howe is investigating" type thing hit soon, so much turmoil, rumors, etc., along with huge percentage shifts in the price.
For now, I'm so much more pleased than I was earlier in the week. The good ship MannKind has appeared to catch a break in the weather!
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Post by mnkdorbust on Nov 12, 2015 10:41:54 GMT -5
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Post by bradleysbest on Nov 12, 2015 10:41:55 GMT -5
No "squeeze" yet..... We will definitely know when & if an actual "squeeze" occurs!
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Post by purge on Nov 12, 2015 10:43:03 GMT -5
Reach up grab that seatbelt and pull it tight one more time.
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Post by stevil on Nov 12, 2015 10:43:28 GMT -5
Congrats to all who've stayed patient. Hope this trend continues and I'm proven wrong ?
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Post by mbseeking on Nov 12, 2015 10:45:18 GMT -5
The shorts could still be engineering this to reduce the number of shares the Israeli's get.. TASE doestn close for 15 mins, which is the cutoff for their calculations, . A higher price will net the money MNKD wants but for fewer shares. We will know soon enough.
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Post by peppy on Nov 12, 2015 10:47:42 GMT -5
I am looking for the thread regarding balls. Anyway,
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Post by dreamboatcruise on Nov 12, 2015 12:35:48 GMT -5
The shorts could still be engineering this to reduce the number of shares the Israeli's get.. TASE doestn close for 15 mins, which is the cutoff for their calculations, . A higher price will net the money MNKD wants but for fewer shares. We will know soon enough. So price movement either way is now attributed to the all powerful short conspiracy? Perhaps the simpler explanation is that some of the ETFs decided to do some buying preemptively to take advantage of the depressed prices... and in so doing drove up the price. I suspect they wouldn't want to have put all of their eggs in the same basket of buying at the close... as that easily could catch a momentary top. I guess time will tell as to how many shares they acquired through the purchase agreement and how many on open market.
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