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Post by yossarian on Mar 17, 2016 16:12:03 GMT -5
much talked about short squeeze. Is this a bailout point, i.e, but the stop loss orders in now, or is some buyout in the works so buy more stock or at least calls. Could I eke out a profit on this stock afterall. Just thinking youtu.be/ycbgHM1mI0k |
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Post by dreamboatcruise on Mar 17, 2016 16:43:34 GMT -5
Shorts are like orange juice... best when freshly squeezed.
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Post by bioexec25 on Mar 17, 2016 16:57:35 GMT -5
Shaken not stirred.
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Post by jbe on Mar 17, 2016 17:09:41 GMT -5
My eightball claims "outlook cloudy"
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Post by peppy on Mar 17, 2016 17:16:03 GMT -5
much talked about short squeeze. Is this a bailout point, i.e, but the stop loss orders in now, or is some buyout in the works so buy more stock or at least calls. Could I eke out a profit on this stock afterall. Just thinking youtu.be/ycbgHM1mI0kI hope so. (wishing and hoping)  nice song I think there is a good chance yes. Amazing no one knows what is going on. |
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Post by slugworth008 on Mar 17, 2016 17:44:07 GMT -5
Shorts are like orange juice... best when freshly squeezed. And "Revenge is a dish best served cold". Klingon Proverb - |
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Post by kball on Mar 17, 2016 17:50:03 GMT -5
Shorts are like orange juice... best when freshly squeezed. And "Revenge is a dish best served cold". Klingon Proverb - I'm giving her all she's got --Scotty in every episode |
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Post by babaoriley on Mar 17, 2016 19:01:47 GMT -5
"Amazing no one knows what is going on." Peppy, how ever did you come to that conclusion?!  |
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Post by babaoriley on Mar 17, 2016 19:04:04 GMT -5
much talked about short squeeze. Is this a bailout point, i.e, but the stop loss orders in now, or is some buyout in the works so buy more stock or at least calls. Could I eke out a profit on this stock afterall. Just thinking youtu.be/ycbgHM1mI0kyossarian, it does look like a squeeze so far, not the mother or even the cousin of all squeezes, but a bit of tightening, nonetheless. But assuming it is that, what is the driving force? Shorts normally do not act irrationally, in contrast to .... |
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Post by peppy on Mar 17, 2016 19:29:18 GMT -5
"Amazing no one knows what is going on." Peppy, how ever did you come to that conclusion?! I am smiling, thinking, "Baba is having fun." Weehaw. (and I am not the person that says haw on yahoo message boards.) With any luck, this should be fun. |
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Post by 4allthemarbles on Mar 17, 2016 19:38:08 GMT -5
Crazy comment here- and I know this might sound strange, but:
Is there a chance the shorts are buying to be long? They drove it or helped drive it down to record lows, they know something is up, so they are literally changing the plan? I don't mean covering- I mean accumulating.
I don't see as many negative articles as I expected.
Just a thought. It doesn't look like a squeeze, but a 20% gain is nothing to ignore.
Thoughts?
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Post by peppy on Mar 17, 2016 19:40:17 GMT -5
Crazy comment here- and I know this might sound strange, but: Is there a chance the shorts are buying to be long? They drove it or helped drive it down to record lows, they know something is up, so they are literally changing the plan? I don't mean covering- I mean accumulating. I don't see as many negative articles as I expected. Just a thought. It doesn't look like a squeeze, but a 20% gain is nothing to ignore. Thoughts? was there a long discussion about GS having 10 million shares of MNKD? reverso? |
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Post by dreamboatcruise on Mar 17, 2016 19:52:05 GMT -5
Crazy comment here- and I know this might sound strange, but: Is there a chance the shorts are buying to be long? They drove it or helped drive it down to record lows, they know something is up, so they are literally changing the plan? I don't mean covering- I mean accumulating. I don't see as many negative articles as I expected. Just a thought. It doesn't look like a squeeze, but a 20% gain is nothing to ignore. Thoughts? Got to cover before you can accumulate. Granted technically they might buy other shares and still have the shorted shares... but for all purposes other than IRS that is the same as covering until the position becomes net positive shares. And seems unlikely they'd be paying the interest to keep the short position open while they are buying. |
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Post by james on Mar 17, 2016 20:12:40 GMT -5
I'll share my thoughts on this. I've been holding shares in MNKD off and on (mostly on) for over 10 years here. I'll spare the history, but while I still hold a little optimism that MNKD has a chance to continue and possibly experience a big success in the future, I don't see where the company can be worth the current $750M+ market cap. That little glimmer of optimism is the only thing backstopping the company at present. The risk of failure to perform is immense and the resources available to wage a protracted sales effort or other difficulties are perilously low. Granted Sanofi can offer some cash, an international partner can come forward, a couple of additional positive events are possible this year, all of which are necessarily critical for survival; but even with this, the prospects would still remain clouded. Afrezza sales must ramp quickly, something that has not been shown as probable.
With that in mind, I have been expecting a bit of a run into April as rumor and the potential for positive news take the front foot. Still, I was not expecting it to go particularly far and so I sold my stake a couple of days ago. I really had some idea of trading around the earnings release, looking at possibly picking up 30cents here and there to salvage something from my losses. That opportunity lasted all of 12 hours and I was not able to take advantage. What occurs to me is that others may have or are doing the same in taking a chance to walk away a little gracefully, at least for now. Anyone who was lending shares and selling is forcing the borrower into a buy to cover, so there may be something of a self-perpetuating cycle in place. As the price rises, the shares short are probably also falling (as too the lending rate is particularly high). But, I don't see this continuing very long. The momentum play has to wane as fundamentals come back into focus and I really don't see how it can sustain the market cap where it is at present; I would say $2 is the absolute limit in absence of a buyout or some significant partnership development (more than just an overseas interest). We've seen this drama several times, the shorts are biding their time and will come roaring back as the opportunity on that side of the trade grows larger.
This price spike is a gift, and honestly if I were CEO, I would be very tempted to raise cash on a share offering right here unless a big settlement with Sanofi were imminent and probably even if it were. The company probably needs $2-300M in cash to execute even a basic sales strategy for the next 2 years. It might be possible to lay hold of a fair chunk of that right now and waiting for a better opportunity seems foolhardy. I don't see anything else on the horizon that can bring that kind of money.
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Post by sweedee79 on Mar 17, 2016 21:25:21 GMT -5
Crazy comment here- and I know this might sound strange, but: Is there a chance the shorts are buying to be long? They drove it or helped drive it down to record lows, they know something is up, so they are literally changing the plan? I don't mean covering- I mean accumulating. I don't see as many negative articles as I expected. Just a thought. It doesn't look like a squeeze, but a 20% gain is nothing to ignore. Thoughts? I don't want to get too excited about this.... Ive seen small bio techs go up a lot more than 20% in one day.... then crash just as quickly the next... and for some reason the lack of negative articles makes me nervous... Its like "what are they up to now??" .. hope I'm totally wrong... MNKD is a very private company so what could have leaked unless SNY knows something about good news...... I just don't know what to make of this... but I don't trust those sneaky shorts or GS ... or Jay Olsen or AF ... whatever they are up to they are in it to win it... unless they have moved on, which for some reason I doubt.. but my break even point is 2.35 so I'm feeling a bit more comfortable with the sp at the moment... |
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nice song
