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Post by kbrion77 on Jan 26, 2016 18:10:54 GMT -5
Anyone worried that this rumor is nothing more than an attempt to run up the stock again for another bear raid? Just to get share price over $1 for 10 consecutive days that's all. |
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Post by wildpig on Jan 26, 2016 18:11:08 GMT -5
in my extensive experience you wouldn't see a penny over 1.38 max from closing price of today. That's why I am amazed at people glowing over over buyout possibility becuz the glaring fact is-- most retail are seriously underwater an a buy out still wont change that fact. Granted matt an mgt/bod of mnkd are so grossly incompetent that a buy out is probably in the best interests of retail. I cannot imagine a crew out there who could do a worse job. |
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Post by 4allthemarbles on Jan 26, 2016 18:35:30 GMT -5
Just a question- just throwing this out there- Would the potential / a potential lawsuit against SFY sweeten the deal here? If someone were to buy the company, would they still be able to go after SFY provided MNKD doesn't take some low ball offer from SFY.
Just a thought. This could all still be speculation, but the SP is up..
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Post by gamblerjag on Jan 26, 2016 18:54:07 GMT -5
absolutely not the reason for the news ... since they haven't even gotten delisiting notice and in theory they have 1 year to get it above a buck.. 6 mos plus 6 month extension which is almost always granted..
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Post by gamblerjag on Jan 26, 2016 18:56:09 GMT -5
I'd say because any prospective buyer knows the price is being manipulated by so many parties and the current price is not an indication of the company's worth.. Al has the same price in mind whether we are at .90 or 7 bucks. It's all about future sales on Afrezza and/or Techno.
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Post by obamayoumama on Jan 26, 2016 19:52:26 GMT -5
in my extensive experience you wouldn't see a penny over 1.38 max from closing price of today. That's why I am amazed at people glowing over over buyout possibility becuz the glaring fact is-- most retail are seriously underwater an a buy out still wont change that fact. Granted matt an mgt/bod of mnkd are so grossly incompetent that a buy out is probably in the best interests of retail. I cannot imagine a crew out there who could do a worse job. If you recall during the JPM conference Matt mentioned that he had been contacted by several parties trying to buy up the stock because of its low price. Pig, take your comments to the YMB, better chance of anyone believing you. Please short all you can! |
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Post by figglebird on Jan 26, 2016 19:54:23 GMT -5
Now, that is an assumption that would be consistent with what I would bet on - but do not know. Nicely put.
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Post by babaoriley on Jan 26, 2016 20:02:45 GMT -5
How could this possibly be good news for longs at the current pps levels...? What a company could/would reasonably pay for MNKD is not going to be what it would have been a year ago for sure. But, the share price of a company does factor in risk. A reasonable argument could be made that there is significant bankruptcy risk factored into the trading price. An acquirer would be buying on value of company without that risk factor built in. The trading price causes difficulties for MNKD in negotiations, but if a company acquires MNKD they will need to argue to their shareholders that Afrezza has value and market potential, and if they do that they certainly could justify more than $1 even if Afrezza were to only get a small slice of prandial market. How much more than $1 could be negotiated successfully by MNKD, and justified to shareholders by the acquirer (assuming it were public) is another question... I doubt it would be $7.5 as someone above is wishing for. "I doubt it would be $7.5 as someone above is wishing for." You only "doubt" it, dbc?  |
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Post by babaoriley on Jan 26, 2016 20:05:01 GMT -5
while i agree with you, i don't believe a company will come in and buy Mannkind right now anywhere near what we all think it's worth in the long run. Would you be willing to accept an offer under a billion? If MNKD is sold, it's because our hand was forced and not because Al Mann wanted it. Correct. MNKD doesn't sell here if they feel like they can avoid bankruptcy. MNKD doesn't sell here if Al Mann is not happy with whatever offer he can get. My gut tells me he won't be happy at all, and therefore, no sale. |
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Post by babaoriley on Jan 26, 2016 20:06:32 GMT -5
What a shame if sold for 2.3 B...... years invested for no return on investment! bradley, I'll jump for joy at that shame!! |
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Post by babaoriley on Jan 26, 2016 20:07:52 GMT -5
Not sure what the ultimate purpose is, but I put zero credence in it. zero's a mighty small number, Liane. |
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Post by babaoriley on Jan 26, 2016 20:12:04 GMT -5
Just a question- just throwing this out there- Would the potential / a potential lawsuit against SFY sweeten the deal here? If someone were to buy the company, would they still be able to go after SFY provided MNKD doesn't take some low ball offer from SFY. Just a thought. This could all still be speculation, but the SP is up.. simple answer, 4allthemarbles, NO! We're all gonna have to settle for a lot less than all the marbles here. |
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Post by dreamboatcruise on Jan 26, 2016 20:33:57 GMT -5
What's even more sad is mgmt did absolutely NOTHING about this. MM's 1 MNKD 0 I'm often curious... what's the basis for blaming market makers. I had a close relative that was a option floor trader for a MM firm. They certainly weren't involved in this sort of manipulation. There are plenty of other players in the market such as hedge funds... they're entirely different than MM firms. |
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Post by dreamboatcruise on Jan 26, 2016 20:39:34 GMT -5
What a shame if sold for 2.3 B...... years invested for no return on investment! Though from where we are now... I'd jump for joy to get that offer, and be shocked we got it. |
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Post by dreamboatcruise on Jan 26, 2016 20:42:36 GMT -5
The NOLs are not material in an M&A and SNY isn't going to make the milestone payments because they exited the agreement at a break. The story was given to Reuters to drum up interest as the bankers will have been hawking Mannkind around the usual suspects and this will flush out anyone they missed. If the Deerfield meeting was today then the timing is definitely significant, it maybe that Deerfield leaning on the management for more progress towards a sale. That seems premature regarding Deerfield. In a default condition they certainly would have the ability to force MNKD to take actions, but we aren't there yet. |
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