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Post by obamayoumama on Aug 25, 2016 16:24:27 GMT -5
Short interest increased by 4,523,923 to 87,818,722 and the highest number since 5-13-2016. Based on the low volume during this reporting period almost one out of every four shares traded were shorted. Shorts seem to be currently attacking again.
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Post by centralcoastinvestor on Aug 26, 2016 8:48:10 GMT -5
Short interest increased by 4,523,923 to 87,818,722 and the highest number since 5-13-2016. Based on the low volume during this reporting period almost one out of every four shares traded were shorted. Shorts seem to be currently attacking again. I think this is very interesting. So the pps was kept flat by those selling short. One could draw the conclusion that very few people sold actual shares. In fact, the pps would have actually drifted upwards during that period if the shorts hadn't consistently sold. It seems unfair to me that the pps of a stock can be manipulated in this way. Very frustrating. I sooooooooo want the shorts to get burned by this manipulation. However, I would settle for them just going away. |
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Post by factspls88 on Aug 26, 2016 8:56:06 GMT -5
Seems like we can never catch a break. I too want them to go away.
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Post by als57 on Aug 26, 2016 9:12:49 GMT -5
The shorts certainly aren't out to make money the conventional way, they instead are out to destroy the company. Shorting the company's stock at the present price tells the story, the shorts want bankruptcy so that the stock cannot be saleable for generating additional monies. What is going on is certainly at the behest of BP's that feel threatened and use Wall Street brokerages as their partners.
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Post by MnkdWASmyRtrmntPlan on Aug 26, 2016 9:29:11 GMT -5
My first post ... yipee! I've been reading these posts for about a half-year now. It keeps getting back to the fact that we need scripts to take a jump. When that happens, shorts will send the pps soaring, and they will finally Feel the Bern (I mean Burn)  I think that once that happens, this stock will take off and never look back. btw, I gather that script volumes are released on Fridays. Where (and when) are they being posted? |
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Post by mnkdnewb on Aug 26, 2016 9:50:57 GMT -5
Short interest increased by 4,523,923 to 87,818,722 and the highest number since 5-13-2016. Based on the low volume during this reporting period almost one out of every four shares traded were shorted. Shorts seem to be currently attacking again. I think this is very interesting. So the pps was kept flat by those selling short. One could draw the conclusion that very few people sold actual shares. In fact, the pps would have actually drifted upwards during that period if the shorts hadn't consistently sold. It seems unfair to me that the pps of a stock can be manipulated in this way. Very frustrating. I sooooooooo want the shorts to get burned by this manipulation. However, I would settle for them just going away. Based on the low volume and flat price you could also look at it as though the shorts were trying to keep it from falling too fast while they sold short. Now they were able to accumulate another 5-10,000,000 shares at an average of $1 instead of hammering the price over a couple days and having to sell short for less. IMHO, there is no conspiracy. Comes down to scripts and money. Neither of them are impressing anyone which is why the sp is where it is. Shorts Have a lot of control over this company's future and why would they let up now when Mnkd will need to (most likely) dilute and do a reverse split? They are going to make a lot of money over the next 6 months unless Mnkd is able to land a very large milestone payment or increase scripts by October / November to more than sanofi was able to attain. Even then, they will have only enough cash to possibly get through q1 2017, and if they wait until they are ALMOST out of cash, the terms would be far less than ideal. I can't imagine someone lending them any money with no assets available to put a lien on and break even being quite far off (minimum 1 year IMHO). They'd need $100,000,000 to get to break even if all goes well - that's a lot of dilution at the current share price - and I doubt shorts would be kind enough to allow it to rise now... |
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Post by centralcoastinvestor on Aug 26, 2016 9:58:55 GMT -5
I think this is very interesting. So the pps was kept flat by those selling short. One could draw the conclusion that very few people sold actual shares. In fact, the pps would have actually drifted upwards during that period if the shorts hadn't consistently sold. It seems unfair to me that the pps of a stock can be manipulated in this way. Very frustrating. I sooooooooo want the shorts to get burned by this manipulation. However, I would settle for them just going away. Based on the low volume and flat price you could also look at it as though the shorts were trying to keep it from falling too fast while they sold short. Now they were able to accumulate another 5-10,000,000 shares at an average of $1 instead of hammering the price over a couple days and having to sell short for less. IMHO, there is no conspiracy. Comes down to scripts and money. Neither of them are impressing anyone which is why the sp is where it is. Shorts Have a lot of control over this company's future and why would they let up now when Mnkd will need to (most likely) dilute and do a reverse split? They are going to make a lot of money over the next 6 months unless Mnkd is able to land a very large milestone payment or increase scripts by October / November to more than sanofi was able to attain. Even then, they will have only enough cash to possibly get through q1 2017, and if they wait until they are ALMOST out of cash, the terms would be far less than ideal. I can't imagine someone lending them any money with no assets available to put a lien on and break even being quite far off (minimum 1 year IMHO). They'd need $100,000,000 to get to break even if all goes well - that's a lot of dilution at the current share price - and I doubt shorts would be kind enough to allow it to rise now... A well reasoned point of view. It still isn't fair that they can relentlessly sell shares that truly don't exist. They are borrowed and sometimes not borrowed but sold naked. This system seems stacked against companies that are just starting to sell a product or struggling. And if an entity or entities decided they wanted to crush a company, it's currently a nice legal way to do it. |
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Post by agedhippie on Aug 26, 2016 9:59:11 GMT -5
The shorts certainly aren't out to make money the conventional way, they instead are out to destroy the company. Shorting the company's stock at the present price tells the story, the shorts want bankruptcy so that the stock cannot be saleable for generating additional monies. What is going on is certainly at the behest of BP's that feel threatened and use Wall Street brokerages as their partners. On the contrary, they are not out to destroy the company but to make money. Shorts don't need the company to drop to zero (although they would not object), it's a directional trade. At this point a 1 cent drop yields a better than 1% return which is pretty reasonable in the current market and a reason to be working with low price stocks. Combine that with a solid downward trend and it's not surprising there are shorts showing up. The bigger point is that a lot may well be traders who are simply here for the easy yield and to ride the trend. How long they hang around is unclear but I suspect if an upward trend gets established they will vanish as fast as they appeared. If you trade this matters, if you invest then the short term price is not important unless Mannkind needs to raise funds. |
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Post by Deleted on Aug 26, 2016 10:03:08 GMT -5
Shorts must know Mnkd are talking with lawyers about an offering. They have without a doubt increased their short position the past two weeks. If Mnkd dilutes I would think there would be a massive covering at that time and they would give Mnkd a break. Reverse split coming
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Post by mnkdnewb on Aug 26, 2016 12:28:33 GMT -5
Based on the low volume and flat price you could also look at it as though the shorts were trying to keep it from falling too fast while they sold short. Now they were able to accumulate another 5-10,000,000 shares at an average of $1 instead of hammering the price over a couple days and having to sell short for less. IMHO, there is no conspiracy. Comes down to scripts and money. Neither of them are impressing anyone which is why the sp is where it is. Shorts Have a lot of control over this company's future and why would they let up now when Mnkd will need to (most likely) dilute and do a reverse split? They are going to make a lot of money over the next 6 months unless Mnkd is able to land a very large milestone payment or increase scripts by October / November to more than sanofi was able to attain. Even then, they will have only enough cash to possibly get through q1 2017, and if they wait until they are ALMOST out of cash, the terms would be far less than ideal. I can't imagine someone lending them any money with no assets available to put a lien on and break even being quite far off (minimum 1 year IMHO). They'd need $100,000,000 to get to break even if all goes well - that's a lot of dilution at the current share price - and I doubt shorts would be kind enough to allow it to rise now... A well reasoned point of view. It still isn't fair that they can relentlessly sell shares that truly don't exist. They are borrowed and sometimes not borrowed but sold naked. This system seems stacked against companies that are just starting to sell a product or struggling. And if an entity or entities decided they wanted to crush a company, it's currently a nice legal way to do it. Maybe, but if it truly is worth more then another company would LOVE to scoop up this company for pennies on the dollar. Unfortunately, based on the current financial situation that we are in we come with a lot of baggage with a few perks. Things could turn around for us, but it is going to be long and financially painful to get there. |
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Post by mnkdnewb on Aug 26, 2016 12:38:48 GMT -5
Based on the low volume and flat price you could also look at it as though the shorts were trying to keep it from falling too fast while they sold short. Now they were able to accumulate another 5-10,000,000 shares at an average of $1 instead of hammering the price over a couple days and having to sell short for less. IMHO, there is no conspiracy. Comes down to scripts and money. Neither of them are impressing anyone which is why the sp is where it is. Shorts Have a lot of control over this company's future and why would they let up now when Mnkd will need to (most likely) dilute and do a reverse split? They are going to make a lot of money over the next 6 months unless Mnkd is able to land a very large milestone payment or increase scripts by October / November to more than sanofi was able to attain. Even then, they will have only enough cash to possibly get through q1 2017, and if they wait until they are ALMOST out of cash, the terms would be far less than ideal. I can't imagine someone lending them any money with no assets available to put a lien on and break even being quite far off (minimum 1 year IMHO). They'd need $100,000,000 to get to break even if all goes well - that's a lot of dilution at the current share price - and I doubt shorts would be kind enough to allow it to rise now... A well reasoned point of view. It still isn't fair that they can relentlessly sell shares that truly don't exist. They are borrowed and sometimes not borrowed but sold naked. This system seems stacked against companies that are just starting to sell a product or struggling. And if an entity or entities decided they wanted to crush a company, it's currently a nice legal way to do it. It is perfectly legal and just as "fair" as someone going long. You could say someone going long thinking the price will rise is "artificially" inflating the price just as someone who who shorts thinking it will go lower "artificially" deflates the sp. intend to think there are plenty of shares available to short - the short interest was somewhere around 120,000,000 a few months ago and is now around 87,000,000 so no reason to naked short. As for being stacked against new or struggling companies, that's just the way it is. Businesses fail and if you think a company will inevitably fail, then betting it will doesn't change the final outcome. If scripts rise significantly and a major infusion of cash hits the books, shorts will lose money- if not, shorts will make money. Short / long: different sides of the same coin. Of course, this is coming from someone who doesn't believe in the "BP conspiracy"  |
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Post by Deleted on Aug 26, 2016 14:32:06 GMT -5
We will find out the truth one day about if their is a conspiracy. No one knows for sure as of today. If MNKD goes out of business and SNY takes over Afrezza or anyone else for that matter and it becomes a blockbuster, you can find some solace that you had it right, but were too early and that cash is king with any company.
IMO It certainly is manipulated but a lot of stocks are. The grossly exgerrated stories of manipulation come from very poorly educated investors (I drank their kool aid too) and it spread like wild fire among this community. If you believed in such a conspiracy why would you be bothering to bet against it if they have been "winning" for the past 18 months.
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Post by audiomr on Aug 26, 2016 16:04:30 GMT -5
A lot of points, actually. Short selling is a drag on the share price, to a degree, but not the reason the PPS is where it is today. That's pretty much all about how Afrezza has fared in the market so far and Mannkind's financial position. Fix those things and the shorting will vanish. Meanwhile, lending share is a way to make money on the stock until there are gains to be cashed in. It's like owning a high-yielding dividend stock.
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Post by mannmade on Aug 26, 2016 16:49:35 GMT -5
A lot of points, actually. Short selling is a drag on the share price, to a degree, but not the reason the PPS is where it is today. That's pretty much all about how Afrezza has fared in the market so far and Mannkind's financial position. Fix those things and the shorting will vanish. Meanwhile, lending share is a way to make money on the stock until there are gains to be cashed in. It's like owning a high-yielding dividend stock. I have to agree... And let's not forget that many of those who loaned their shares used the profits to buy more shares. Including myself. Even at 9% (today's rate with Fidelity) you cannot find a better return with such liquidity and relative stability from a high yield perspective. I too used to be against this but then realized all the money I was passing up and that I was losing value in the shares I held. Also it is my understanding that the retail portion of this program is an ant on an elephant's arse as the real volume comes from the institutions that loan their shares. So as a responsible investor and one who does have a conscious I feel it was the prudent thing to due under this set of circumstances. If someone wants to disagree I am fine with that as we live with our choices. But perhaps, with all due respect, they should consider that with where Mnkd is at the moment it is not the right choice for them to invest in. Might be worth a hiatus until things sort themselves out and either the shorts are gone or mnkd is gone. Either way they won't have to be concerned over who loans out their shares... |
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Post by gamblerjag on Aug 26, 2016 17:15:13 GMT -5
Hey Liane or any moderator that has access... is it possible to put the most current script number on top or just under the statement "Every week scripts will be posted..." I know it's a minor issue and probably my OCD that likes the most current on top.. plus less chance I get a heart attack scrolling down looking for the results.. every second matters |
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I think that once that happens, this stock will take off and never look back.
