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Post by nylefty on Nov 30, 2015 15:19:09 GMT -5
Wildpig is the biggest short on ST. Most people on ST have him on ignore! I'm among the many who have blocked him on ST. Will also block him here.
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8-K
Nov 30, 2015 15:48:15 GMT -5
via mobile
Post by kdaddyfresh2000 on Nov 30, 2015 15:48:15 GMT -5
Well I hope everyone had a wonderful Thanksgiving. I see by the News and the sentiment on the Board that I got back just in time. Let me get this straight:
1. CEO resigned, but is going to stick around till 2017 (very, very interesting), 2. Sanofi launches a DTC mailer in selected markets (sounds expensive), 3. Interest on borrowing is now sky high (if you can get shares), 4. No other news from anywhere (typical).
OK, I'm up to speed. IMHO we are about to transition. If you can speak French you'll be ahead of the game when you visit Paris.
Who is this Wildpig? BH How are your blood glucose numbers looking? I hope and expect you are doing very well still.
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8-K
Nov 30, 2015 16:18:03 GMT -5
Post by parrerob on Nov 30, 2015 16:18:03 GMT -5
That was a form 3 4 reported in August Alfred Mann owns about 37% of the company. No way to compare investors.mannkindcorp.com/ownership-profile.cfmUse this link Much better ! Indexes owns 55 million shares ! WOW ! means 44 million shares less to cover for the pigs in wall street. It will be BLOOD street, soon I apologize for my big mistake.... The 55 million shares reported as INDEX is absolutely not related to Israel index.... The sum did not matched.... It is indeed related to Vanguard, Blackrock etc INDEX funds. Sorry again ! Some one know a way to check how many share the Israelian Index own ?
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Post by mssciguy on Nov 30, 2015 16:30:06 GMT -5
Ooops... sorry about that blood in the street... it dripped out when I opened my portfolio statement. Here, let me rinse that with soda before it sets. Normally I have a very strong stomach but lately.... very sour. Just how to explain exactly $2.0000 closing price. It's like GS (or one of their hedge fund clients) is giving us all the finger, right in our face. It's almost as if there is something very deeply personal, or otherwise, very orchestrated, here. If I had Al's money I'd fill up a briefcase full and tell my broker to get busy. Suppose he accumulated to 51% ownership, couldn't he call the shots?
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Post by hawaiiguy42 on Nov 30, 2015 16:42:07 GMT -5
They are my exact sentiments. If I were Al, I blow this shorts/hedge funds to kingdom come... and wouldn't think twice about it. Then Mannkind and Afrezza would get a ton of publicity on "all news channels" at "no cost" to Mannkind. Imagine the headlines, Shorts & Hedge Funds Lose Millions, CEO takes total control of Mannkind, Blows Shorts Clear Out of the Water by purchasing all excess/remaining shares of MNKD. Also a statement regarding the SEC failure to take action. If I had my Estate riding on this like Al does, I would gas these shorts with NITRO!
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Post by cathode on Nov 30, 2015 16:42:56 GMT -5
Ooops... sorry about that blood in the street... it dripped out when I opened my portfolio statement. Here, let me rinse that with soda before it sets. Normally I have a very strong stomach but lately.... very sour. Just how to explain exactly $2.0000 closing price. It's like GS (or one of their hedge fund clients) is giving us all the finger, right in our face. It's almost as if there is something very deeply personal, or otherwise, very orchestrated, here. If I had Al's money I'd fill up a briefcase full and tell my broker to get busy. Suppose he accumulated to 51% ownership, couldn't he call the shots? What do you mean by "call the shots?". Do you think that being the biggest stakeholder, owner, executive chairman of the BoD, CEO, and namesake of the company is currently inhibiting his ability to exert control of the company's operations?
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8-K
Nov 30, 2015 16:52:32 GMT -5
Post by cathode on Nov 30, 2015 16:52:32 GMT -5
They are my exact sentiments. If I were Al, I blow this shorts/hedge funds to kingdom come... and wouldn't think twice about it. Then Mannkind and Afrezza would get a ton of publicity on "all news channels" at "no cost" to Mannkind. Imagine the headlines, Shorts & Hedge Funds Lose Millions, CEO takes total control of Mannkind, Blows Shorts Clear Out of the Water by purchasing all excess/remaining shares of MNKD. Also a statement regarding the SEC failure to take action. If I had my Estate riding on this like Al does, I would gas these shorts with NITRO! I cannot imagine the scenario you are describing. Physically, logically, cannot understand what you are suggesting. What does "all excess/remaining shares of MNKD" mean? Al buys the remaining shares (~90M(?)) that MNKD currently holds? Al buys 100% of float? I am not selling my shares. Are you selling yours? Good luck profiting when you are not an owner.
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Post by mssciguy on Nov 30, 2015 16:54:15 GMT -5
Normally I have a very strong stomach but lately.... very sour. Just how to explain exactly $2.0000 closing price. It's like GS (or one of their hedge fund clients) is giving us all the finger, right in our face. It's almost as if there is something very deeply personal, or otherwise, very orchestrated, here. If I had Al's money I'd fill up a briefcase full and tell my broker to get busy. Suppose he accumulated to 51% ownership, couldn't he call the shots? What do you mean by "call the shots?". Do you think that being the biggest stakeholder, owner, executive chairman of the BoD, CEO, and namesake of the company is currently inhibiting his ability to exert control of the company's operations? Call the shots means show some concern about others. Seriously. I was so intoxicated by the "think about the patients, the money will follow" attitude, but the fact is, not all of us are billionaires with money to burn. I have watched my warrants go from $2 to worthless in just a few months (although, if I had bought stock I'd be in worse shape). What is happening is reckless disregard for retail shareholders. Seriously, I am going to hold, but if there is an opportunity to participate in a lawsuit, I'll seriously consider it. A lot of retail shareholders that have sold have been screwed for large sums of money. This has to stop. The price is being manipulated to allow large buyers to move in and buy huge blocks at a discount. If you have any ideas about what to do here, I am all ears. It's like having my hands tied while a pickpocket swings around daily to take another pound of flesh.
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Post by babaoriley on Nov 30, 2015 17:04:36 GMT -5
What do you mean by "call the shots?". Do you think that being the biggest stakeholder, owner, executive chairman of the BoD, CEO, and namesake of the company is currently inhibiting his ability to exert control of the company's operations? Call the shots means show some concern about others. Seriously. I was so intoxicated by the "think about the patients, the money will follow" attitude, but the fact is, not all of us are billionaires with money to burn. I have watched my warrants go from $2 to worthless in just a few months (although, if I had bought stock I'd be in worse shape). What is happening is reckless disregard for retail shareholders. Seriously, I am going to hold, but if there is an opportunity to participate in a lawsuit, I'll seriously consider it. A lot of retail shareholders that have sold have been screwed for large sums of money. This has to stop. The price is being manipulated to allow large buyers to move in and buy huge blocks at a discount. If you have any ideas about what to do here, I am all ears. It's like having my hands tied while a pickpocket swings around daily to take another pound of flesh. Please no lawsuit. That would be one of the worst things that could happen. Even if you win, you lose. And you'll probably lose anyway. The recoveries in class actions are, by and large, a joke, the attorneys do very well, but the shareholders get next to nothing. It's an awful thing.
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Post by EveningOfTheDay on Nov 30, 2015 17:05:44 GMT -5
Just another stomach churning thought, but what if Mr. Mann, which obviously is playing with a full deck, is not dumping more money into the venture because he now has information about acceptance, coverage, Sanofi, etc., that he did not have before and has determined this would not be in his best interest, financially speaking.
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Post by cjc04 on Nov 30, 2015 17:08:28 GMT -5
Just another stomach churning thought, but what if Mr. Mann, which obviously is playing with a full deck, is not dumping more money into the venture because he now has information about acceptance, coverage, Sanofi, etc., that he did not have before and has determined this would not be in his best interest, financially speaking. Then why would he come back as CEO? Just to say good bye? I don't think so.
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Post by jeremg on Nov 30, 2015 17:10:19 GMT -5
What do you mean by "call the shots?". Do you think that being the biggest stakeholder, owner, executive chairman of the BoD, CEO, and namesake of the company is currently inhibiting his ability to exert control of the company's operations? Call the shots means show some concern about others. Seriously. I was so intoxicated by the "think about the patients, the money will follow" attitude, but the fact is, not all of us are billionaires with money to burn. I have watched my warrants go from $2 to worthless in just a few months (although, if I had bought stock I'd be in worse shape). What is happening is reckless disregard for retail shareholders. Seriously, I am going to hold, but if there is an opportunity to participate in a lawsuit, I'll seriously consider it. A lot of retail shareholders that have sold have been screwed for large sums of money.
This has to stop. The price is being manipulated to allow large buyers to move in and buy huge blocks at a discount. If you have any ideas about what to do here, I am all ears. It's like having my hands tied while a pickpocket swings around daily to take another pound of flesh. At this point I'm considering the money I have remaining here already lost and just waiting until conclusion in order to explore a class action against these "silly" [out of respect for the moderator's ears] fools. The worst is currently happening (or at least we are on the "worst" trajectory) and once it's all said and done either a miracle will take place and I will come out whole (or dare I say, in the green) or I will get due justice through litigation, and that's how I'm currently able to sleep at night. babaoriley its not about the money once you've been screwed, its about justice and making sure these sort of games with retail money (like we are an ATM for high-salaried executives) don't go unpunished.
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Post by dreamboatcruise on Nov 30, 2015 17:14:29 GMT -5
Just another stomach churning thought, but what if Mr. Mann, which obviously is playing with a full deck, is not dumping more money into the venture because he now has information about acceptance, coverage, Sanofi, etc., that he did not have before and has determined this would not be in his best interest, financially speaking. Even when I'm in my most pessimistic mood, I can't imagine that the coverage and acceptance will not at some point improve and that thus at some point it would be in Al's best interest to step in and support the company rather than losing it all in bankruptcy. I do suspect he assumed adoption would be much quicker and perhaps he has had a sobering lesson regarding the obstacles that still remain. I'm thus not confident the "at some point" of him investing more will be soon, or whether it will be later and with far more dilutive consequences than will be pleasant for me as an investor. I also suspect Al has far less access to cash than people here imagine. He's given a lot away and MNKD was a significant portion of his wealth. cjc04... he was still "Executive Chairman" so it wasn't like he left the company. Returning as CEO may be trying to protect the sunk money as best he can... doesn't mean the theory of throwing good money after bad might not apply. I certainly hope my view is pessimistic and he supports the company financially, but it doesn't seem like it is forthcoming since he waited through some pretty ugly events with paying off the debt and raising the recent cash to keep going. As stated above... don't think he'll actually let the company go bankrupt.
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8-K
Nov 30, 2015 17:15:56 GMT -5
via mobile
Post by cjc04 on Nov 30, 2015 17:15:56 GMT -5
What do you mean by "call the shots?". Do you think that being the biggest stakeholder, owner, executive chairman of the BoD, CEO, and namesake of the company is currently inhibiting his ability to exert control of the company's operations? Call the shots means show some concern about others. Seriously. I was so intoxicated by the "think about the patients, the money will follow" attitude, but the fact is, not all of us are billionaires with money to burn. I have watched my warrants go from $2 to worthless in just a few months (although, if I had bought stock I'd be in worse shape). What is happening is reckless disregard for retail shareholders. Seriously, I am going to hold, but if there is an opportunity to participate in a lawsuit, I'll seriously consider it. A lot of retail shareholders that have sold have been screwed for large sums of money. This has to stop. The price is being manipulated to allow large buyers to move in and buy huge blocks at a discount. If you have any ideas about what to do here, I am all ears. It's like having my hands tied while a pickpocket swings around daily to take another pound of flesh. Your quote "the price is being manipulated to allow large buyers to move in and buy huge blocks at a discount" that would be amazing if true... It would mean they know something good that we don't.... Right now, I'm losing sleep thinking "they" know something BAD that we don't.
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Post by mssciguy on Nov 30, 2015 17:16:59 GMT -5
Call the shots means show some concern about others. Seriously. I was so intoxicated by the "think about the patients, the money will follow" attitude, but the fact is, not all of us are billionaires with money to burn. I have watched my warrants go from $2 to worthless in just a few months (although, if I had bought stock I'd be in worse shape). What is happening is reckless disregard for retail shareholders. Seriously, I am going to hold, but if there is an opportunity to participate in a lawsuit, I'll seriously consider it. A lot of retail shareholders that have sold have been screwed for large sums of money.
This has to stop. The price is being manipulated to allow large buyers to move in and buy huge blocks at a discount. If you have any ideas about what to do here, I am all ears. It's like having my hands tied while a pickpocket swings around daily to take another pound of flesh. At this point I'm considering the money I have remaining here already lost and just waiting until conclusion in order to explore a class action against these "silly" [out of respect for the moderator's ears] fools. The worst is currently happening (or at least we are on the "worst" trajectory) and once it's all said and done either a miracle will take place and I will come out whole (or dare I say, in the green) or I will get due justice through litigation, and that's how I'm currently able to sleep at night. I've made speculative investments before, some of which have been totally destroyed by shorting. It happens all the time. Even Cramer admits it. What I have a problem with here, is we are dealing with people that have Mensa-level IQs. They should really know better and have a little compassion for those of us who don't have the insider knowledge that "everything will be okay" (good example, xoxoxoxo who capitulated the last time the price was at these levels). Seriously, Al, we all love you and your accomplishments, but please, many retail investors without a long time horizon have been getting screwed and there will be plenty more. That's my message.... it's like corporate is in some underground bunker during WW3, waiting for GS and the hedgies to succumb to the radioactivity above... *attempt at humor...
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