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Post by mbracket123 on Jan 13, 2016 14:16:33 GMT -5
The shorts don't need to get out since they all have locoed in profits with upside calls that they bought out of the money. in fact, they will make much more at this point in time if the stock flies high - they eat at both ends.
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Post by dreamboatcruise on Jan 13, 2016 14:23:44 GMT -5
The shorts don't need to get out since they all have locoed in profits with upside calls that they bought out of the money. in fact, they will make much more at this point in time if the stock flies high - they eat at both ends. Of course we collectively as longs have been telling ourselves this story about shorts locking in profits with calls since back when the out of the money calls would be at such a high strike as to be implausible to be worth anything ever. Maybe some shorts have been wasting money on protecting themselves with calls, but I imagine many had enough insight into what was going to happen to MNKD to simply rake in the money as MNKD fell. Are they suddenly buying calls because they think fortunes will reverse... it is an appealing story for me as a long to try to believe... though I think it might require a few adult beverages to fully embrace that notion for me personally.
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Post by biffn on Jan 13, 2016 14:28:51 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) I think there is a binary inflection point that would exist before it gets to 5.39. I very much doubt the positive inflection would stop at that number.
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Post by pengiep on Jan 13, 2016 14:29:39 GMT -5
Regarding shorting, this little ditty tells it all: "He who sells what isn't hisn, pays it back or goes to prison".
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Post by dreamboatcruise on Jan 13, 2016 14:39:28 GMT -5
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) I think there is a binary inflection point that would exist before it gets to 5.39. I very much doubt the positive inflection would stop at that number. All depends on the amount of dilution that occurs to achieve the inflection. Orange is the new black and $5.39 could be the new $15.
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Post by cgeneral19 on Jan 13, 2016 15:24:48 GMT -5
Regarding shorting, this little ditty tells it all: "He who sells what isn't hisn, pays it back or goes to prison". ....unless a high paid lawyer you have, and that's a given.
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Post by sccrbrg on Jan 13, 2016 16:02:32 GMT -5
Another end of day beat down
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Post by humann on Jan 13, 2016 19:00:24 GMT -5
Another end of day beat down Based on Matt's mentioning a deal that he expected to be finalized today, it really makes me wonder if, once again, the powers that be knew something we didn't and were anticipating a deal announcement today, and perhaps toward the end of the day even knew that it didn't happen. There is a lot of money that seems to know things before we do...
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Post by 4allthemarbles on Jan 13, 2016 23:04:01 GMT -5
Another end of day beat down Based on Matt's mentioning a deal that he expected to be finalized today, it really makes me wonder if, once again, the powers that be knew something we didn't and were anticipating a deal announcement today, and perhaps toward the end of the day even knew that it didn't happen. There is a lot of money that seems to know things before we do... How far in advance does the presentation slide go out? It may not be hard for a peak at that to start little birdies singing.
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Post by fedakd on Jan 14, 2016 1:06:45 GMT -5
Another end of day beat down Based on Matt's mentioning a deal that he expected to be finalized today, it really makes me wonder if, once again, the powers that be knew something we didn't and were anticipating a deal announcement today, and perhaps toward the end of the day even knew that it didn't happen. There is a lot of money that seems to know things before we do... Great point - I honestly don't know how big money always seems to know, but I bet this is exactly what happened today. Price was rising, and then suddenly, it stopped. Almost like someone found out the deal wasn't going to happen today. Seems like the market is broken, and big money always knows
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Post by babaoriley on Jan 14, 2016 1:25:57 GMT -5
Yes, the dramatic surge in the stock today (Wednesday) was odd (given the otherwise lovely market), but to the extent fueled by expectations of a deal being announced, well, tomorrow may see a pullback. But, to the extent it was not fueled by expectations of a pull back, but by short covering and general expectations about the cc, then the cc likely will be viewed as a positive and we could hold our after hours gains. There, I believe I've covered it! In other words, who in the heck can figure this stock out. If this company had a normal short interest (minimal), with all the stuff we know, we'd be in a good position to figure which way we'd be going, but this is not that company, this is a company all but strangled by shorts.
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