Similarity in shorted shares for EXAS and MNKD

[mnkdfan]

EXAS had the ADCOM review today and received a very positive endorsement (10:0 yes vote).  I noticed the amount of shorted EXAS shares and the increasing short rate to be very similar to that of MNKD.

EXAS has 28.4% of the float shorted compare to MNKD 26.5%. The rate of shorted shares increasing for the last 12 months is also similar to MNKD.

www.nasdaq.com/symbol/exas/short-interest

I am confident that the high short position in MNKd is part of a hedging investment strategy and not one of insider leaked bad news play.  Would make for nice push upward when the shorts go to cover at some point in time.

[rockyp]

Fan - I would agree 100%. In this day and age of wikis and leaks, tweets and twits, and everything else, there is no way some juicy bit of bad news could have been leaked a little without it being spilled completely. Also, if you are a short and have such a tasty nugget of information, you would want the bad news to be on the front page of the newspaper so that more people would sell and the price would fall further. Lastly, look at all the effort that the Adam Finkelsteins of the world go to in order to twist neutral news into something that sounds ominous so that they can earn a few pennies per web page view. If one of them got a scoop that four out of five Afrezza patients grew an extra finger or something like that, they would have been posting that immediately.