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Post by uvula on Jan 13, 2016 10:24:00 GMT -5
Does this make sense. Purely a guess.
The share price is rising because shorts are selling (edit: i meant shorts are buying). As soon as the shorts are gone the price will sink to new lows.
I'm hoping for a miracle but don't have a good feeling about any of this.
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Post by mnkdorbust on Jan 13, 2016 10:25:42 GMT -5
actually shorts would be buying shares to cover.
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Post by Deleted on Jan 13, 2016 10:28:29 GMT -5
MM taking advantage of the demand due to the conf tonight as dome might be in a rush to grab shares hoping for positive announcements
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Post by factspls88 on Jan 13, 2016 10:33:53 GMT -5
I must admit I fear this is a set up for another fall but I'm hanging in there.
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Post by jbe on Jan 13, 2016 10:42:24 GMT -5
Yes, shorts have successfully played out MNKD and are taking their profits by buying to cover. There are lots of other stocks available to short now that have much further to fall (ie energy companies being pressured by the falling price of oil).
But, this is good for MNKD, if shorts get out of the picture then at least the naked shorting pps manipulation recedes...so pps might finally just reflect the actual value of Afrezza, so if there is perchance any good news Afrezzawise, the pps could move up.
I.E. a simple cutting of the cost of Afrezza to patients could result in a surge in prescription numbers, which could result in a jump in the pps; an announcement to sell Afrezza in another country could do the same...
All is not lost, yet!
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Post by kc on Jan 13, 2016 10:47:24 GMT -5
My guess is that the market likes the idea of an unbridled Mannkind from Sanofi. They know the risk is very high but that MannKind can license Afrezza to whoever and where ever they want to license. Think about how big this is now that we know what Afrezza is about in terms of how it works. We were saddled with a single entity who had the responsibility to market it worldwide and they sat on it as it was going to hurt their injectionable Insulin business. I guess nobody really saw that coming. But fortunately Al Mann and the MannKind team figured it out. Now MannKind has the opportunity to market anywhere they can get a solid commitment. We need sales and distribution in countries that have easy access for FDA approved products. MannKind had their hands tied behind their back with Sanofi. They couldn't do anything as they gave up that right. How ever the deal was broken by Sanofi or Mannkind it was a genius move by Mannkind Management to accept and move on down the road. This will be Sanofi's ultimate loss and a big win eventually for Mannkind and Shareholders.
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Post by lakemann on Jan 13, 2016 10:50:52 GMT -5
I'm sure some shorts have gotten out and now letting the pps raise just to short again,, this is endless without a good plan going forwa
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Post by kball on Jan 13, 2016 10:52:42 GMT -5
My guess is that the market likes the idea of an unbridled Mannkind from Sanofi. They know the risk is very high but that MannKind can license Afrezza to whoever and where ever they want to license. Think about how big this is now that we know what Afrezza is about in terms of how it works. We were saddled with a single entity who had the responsibility to market it worldwide and they sat on it as it was going to hurt their injectionable Insulin business. I guess nobody really saw that coming. But fortunately Al Mann and the MannKind team figured it out. Now MannKind has the opportunity to market anywhere they can get a solid commitment. We need sales and distribution in countries that have easy access for FDA approved products. MannKind had their hands tied behind their back with Sanofi. They couldn't do anything as they gave up that right. How ever the deal was broken by Sanofi or Mannkind it was a genius move by Mannkind Management to accept and move on down the road. This will be Sanofi's ultimate loss and a big win eventually for Mannkind and Shareholders. Too early to call realistically. |
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Post by anderson on Jan 13, 2016 10:58:04 GMT -5
What if Al is buying shares at this price. 40 million dollars and he would have controlling interest in the company. Mann (Alfred E) 151,116,256 36.50 -18,504 08/22/2015 - See more at: investors.mannkindcorp.com/ownership-profile.cfm#sthash.zsgXUqYn.dpufWhat would be the effect of taking the company private(not a buyout but taking the shareholders with them). |
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Post by stevil on Jan 13, 2016 11:02:47 GMT -5
My bet is that shorts are covering. They don't want to be like the gofundme guy and get trapped if we somehow get a favorable buyout. Like others have stated, there's not a whole lot of milk to squeeze out of this cow.
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Post by ricguy on Jan 13, 2016 11:03:49 GMT -5
So I'm wondering IF (IF IF IF) the pps hits any of our break-even points in the coming months, will anyone be selling as soon as you break even or will you risk it and hold longer? This is something I have been wrestling with, I guess it depends a lot on the surrounding circumstances.
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Post by humann on Jan 13, 2016 11:10:25 GMT -5
Yes, shorts have successfully played out MNKD and are taking their profits by buying to cover. Since the SI was already significant and rising at end of December, it most likely went up more after Jan 5 and, at least I feel, has been oversold on that news. Some of those who have been short for a while are probably finding this a good time to take a profit. If this is the case, it definitely raises question about how confident shorts are in BK. To me that's the simplest explanation. I agree (if MNKD has a tangible plan), this could be a good thing. |
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Post by miracle331 on Jan 13, 2016 11:13:27 GMT -5
So I'm wondering IF (IF IF IF) the pps hits any of our break-even points in the coming months, will anyone be selling as soon as you break even or will you risk it and hold longer? This is something I have been wrestling with, I guess it depends a lot on the surrounding circumstances. My avg is 5.39, if the PPS gets close to get break-even, I'd just sell. (That is if there aren't any news) |
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Post by Deleted on Jan 13, 2016 11:14:00 GMT -5
My bet is that shorts are covering. They don't want to be like the gofundme guy and get trapped if we somehow get a favorable buyout. Like others have stated, there's not a whole lot of milk to squeeze out of this cow. IMO some have covered from the 120 million reported from two weeks ago. However, and I never think this but I agree they could be stuck. They are stuck if we find financing to keep the doors open. Worst case scenario is MNKD runs out of money but is put through a slow death. Whats the point of shorting .80 cents stock that could take a couple of years to unwind a trade (one that is an absurd profit unless a lot of institutions closed their short and retail picked it up) if we slowly die. What happens if MNKD starts turning things around. There is so much opportunity on the board right now and there could be more if we head into a recession |
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Post by dreamboatcruise on Jan 13, 2016 11:14:29 GMT -5
My bet is that shorts are covering. They don't want to be like the gofundme guy and get trapped if we somehow get a favorable buyout. Like others have stated, there's not a whole lot of milk to squeeze out of this cow. Trapped how? The average short is sitting on TONS of profit. Even in an unlikely scenario of a buyout with significant premium they'd still be sitting on huge winnings. Perhaps locking in profits, but let's not act like we've got shorts scrambling in fear that they might lose a small fraction of their huge profits. There will also be greedy ones planning to hold through bankruptcy... and even if bankruptcy doesn't happen there will be plenty of the greedy ones that get out with handsome profits even if we double or quadruple in share price from here. |
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