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Post by peppy on Jun 25, 2017 10:03:48 GMT -5
any chance deerfeild bought at $1.50? didn't they buy at 1.15 for some debt? please correct my mistaken words.
I would think,their shorts were covered already.
Any chance mike made a deal with Deerfield for some of the debt, namely the 10 million dollar payment coming up. 6,000,000 @ $1.50 for some debt? correct my mistaken thinking on every level please, correct my understanding of what could have been done? if so would we except an sec filing? in how many days? "end of day realtime shares 10,347,342. $1.51. presently 12,053,816 shares. share count 100 million total. 40 mins prior to the close, 2,221,572 real time shares traded. $1.58"
*I am only zeroing in on the 6,000,000 shares traded real time, as totally independent, and not connected to the russell trade of close to 4,000,000. shares. I think the Russell trade was already negotiated.
My tea leaves are useless.
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Post by otherottawaguy on Jun 25, 2017 10:08:25 GMT -5
I play with EXEL (anther bio tech), it saw the same crazy volume in the last 5 min of play. Wondering if the autotrading bots got fooled with the Russell rebalance. EXEL traded about 8 million shares in the last 5 min of play except that it is a $25 stock. It is a biotech that has had a pretty good run in the last year (500%), but there was clearly sonething that happened across the board and not just to MNKD.
OOG
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Post by peppy on Jun 25, 2017 10:22:03 GMT -5
I play with EXEL (anther bio tech), it saw the same crazy volume in the last 5 min of play. Wondering if the autotrading bots got fooled with the Russell rebalance. EXEL traded about 8 million shares in the last 5 min of play except that it is a $25 stock. It is a biotech that has had a pretty good run in the last year (500%), but there was clearly sonething that happened across the board and not just to MNKD.
OOG quote; something that happened across the board and not just to MNKD.
reply: thank you OOG. across the board, biotech, the obvious is the new health care legislation and the impending impact of PBM's and health insurance industry? hospitals, nursing homes. (nursing home, were never the target market, they are covered by Medicaid.)
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Post by mnkdfann on Jun 25, 2017 14:44:14 GMT -5
I play with EXEL (anther bio tech), it saw the same crazy volume in the last 5 min of play. Wondering if the autotrading bots got fooled with the Russell rebalance. EXEL traded about 8 million shares in the last 5 min of play except that it is a $25 stock. It is a biotech that has had a pretty good run in the last year (500%), but there was clearly sonething that happened across the board and not just to MNKD. OOG We need more examples. If it is only 2 stocks, it is not necessarily 'across the board'. However: "Exelixis has designated the Deerfield Notes a Current Liability given its ability and intent to retire them in the July 2017 timeframe, one year ahead of their maturity date." So MNKD and EXEL both have Deerfield in common. Both have payments due to Deerfield in a matter of weeks. Could it be that Deerfield was selling in advance of receiving shares (at a known negotiated discounted price) in lieu of dollars a few weeks from now?
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Post by peppy on Jun 26, 2017 7:49:39 GMT -5
45 mins prior to the open and MNKD shares have some volume. MNKD $1.52 +0.01 +0.66% 47,940 shares. hopefully a retest of Friday's high with volume. www.nasdaq.com/symbol/mnkd/premarket
price has been there, $1.75 three times. I am at the let's go, let's go, L-E-T-S G-O.
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Post by casualinvestor on Jun 29, 2017 12:09:50 GMT -5
So, the last time Deerfield received shares, we had bad sales news the next day (4/21, -18 scripts). A PPS slump started that was not stopped by good sales news on 4/28 and 5/12, but rather was stopped by the UAE rumor, but that rise was short lived. There were plenty of buying opportunities in this time range. The good ASM on 5/18 combined with the best scripts rise in months finally brought PPS back up. Really not sure where the stock is going now, considering we're -6.x% for the day right now. If the PPS stays down, it should pop nicely on good script news tomorrow. I'm not sure if I should free up some money to buy this dip or not. There's plenty of time to do that if scripts drop. Knowing if Deerfield is selling would really help my crystal ball
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Post by peppy on Jun 30, 2017 15:17:07 GMT -5
the last time Deerfield bought their price was $1.15. this time, $1.39.
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Post by peppy on Jul 11, 2017 8:37:08 GMT -5
because I am crazy, I am going to say, there is another up setup on a 15 minute chart, a possible right wing of a 14 cent inverted head and shoulders. on the break and hold of 1.24. 1.25 + .14 = 1.39 target, on the break and hold, of $1.24 - $1.25. volume is low. www.nasdaq.com/symbol/mnkd/real-time
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Post by promann on Jul 13, 2017 6:10:16 GMT -5
because I am crazy, I am going to say, there is another up setup on a 15 minute chart, a possible right wing of a 14 cent inverted head and shoulders. on the break and hold of 1.24. 1.25 + .14 = 1.39 target, on the break and hold, of $1.24 - $1.25. volume is low. www.nasdaq.com/symbol/mnkd/real-timeI agree with you 100% that you are crazy 😆😆😉. But I also believe you are very very smart!
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Post by peppy on Jul 13, 2017 12:24:02 GMT -5
price trying to break out what is going on?
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Post by MnkdWASmyRtrmntPlan on Jul 13, 2017 12:24:59 GMT -5
What's the news? SP price suddenly started to surge from 1.17 to 1.27 and still going!!! OK, it hit 1.29 and seems to be leveling at 1.27. There was some heavy trading starting at around 1:00. It's Thursday afternoon ... the day when weekly Scripts news appears to be leaked. Hopefully, good news for tomorrow.
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Post by kbrion77 on Jul 13, 2017 12:29:37 GMT -5
What's the news? SP price suddenly started to surge from 1.17 to 1.27 and still going!!! Rinse, repeat, rinse, repeat. Nothing to see here.
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Post by Omega on Jul 13, 2017 13:08:51 GMT -5
What's the news? SP price suddenly started to surge from 1.17 to 1.27 and still going!!! OK, it hit 1.29 and seems to be leveling at 1.27. There was some heavy trading starting at around 1:00. It's Thursday afternoon ... the day when weekly Scripts news appears to be leaked. Hopefully, good news for tomorrow. I wonder whats the earliest people with access to the Symphony Data can access the previous weeks script info. I'm hoping this indicates we will see a jump in TRx tomorrow, but with last week being an actual holiday week who knows.
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Post by porkini on Jul 13, 2017 13:19:00 GMT -5
What's the news? SP price suddenly started to surge from 1.17 to 1.27 and still going!!! OK, it hit 1.29 and seems to be leveling at 1.27. There was some heavy trading starting at around 1:00. It's Thursday afternoon ... the day when weekly Scripts news appears to be leaked. Hopefully, good news for tomorrow. I wonder whats the earliest people with access to the Symphony Data can access the previous weeks script info. I'm hoping this indicates we will see a jump in TRx tomorrow, but with last week being an actual holiday week who knows. And maybe, what if, it were both of those things?
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Post by centralcoastinvestor on Jul 13, 2017 13:32:44 GMT -5
Upward spike is on low volume. My bet is shorts drive price back down at close. Can't give the longs hope you know.
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