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1:5 split
Mar 3, 2017 9:36:45 GMT -5
via mobile
Post by almannlives on Mar 3, 2017 9:36:45 GMT -5
And down she goes. Should have listened to silent knight and started shorting. So depressing!
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Deleted
Deleted Member
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Post by Deleted on Mar 3, 2017 9:38:55 GMT -5
You cant short. I have never seen a share avaailble to short through fidelity. I would have shorted too. No one knows better then a long that these guys cant do anything right
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Post by Cowgirl on Mar 3, 2017 9:49:22 GMT -5
Matt must know this?....Matt has stated at some point that he needs to focus on the business and the stock price will take care of itself. They were counting on sales that haven't materialized yet. And now we are out almost out of cash (at a burn rate of $10 mil a month).
He's an accountant at heart - not a financier/wall street type. Again, all of management was simply thinking Afrezza, if approved, will be a slam dunk. And? It's not. I wish it was. Intuitively it should be but it's not. And now there is no money left - the price will go down unless they partner or sell the company to someone. We need some kind of support greater then simply relying on a new set of sales people that magically will propel scripts to the thousands per week. Are Endo's and PCP's that stupid? Do they simply write scripts based on some sales guy/gal that they just met and don't write them if the Sales Rep doesn't show up?
We need help and it goes beyond arrogance, bravado, and false beliefs
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1:5 split
Mar 3, 2017 9:52:24 GMT -5
via mobile
Post by mnkdnewb on Mar 3, 2017 9:52:24 GMT -5
All time low was $0.41. Adjusted after split is $2.05. We'll see if that holds
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Post by silentknight on Mar 3, 2017 9:52:36 GMT -5
And down she goes. Should have listened to silent knight and started shorting. So depressing! I didn't go short, much to my own detriment. I don't trade on margin so I would have needed to open another account just to do it. I must say however, a nice 21% return on a two day short sounds like easy money to me. But it wasn't hard to see the imminent sell off and I called it. Others here did too. A day after a R/S and the stock is already more or less $1 from another share price deficiency. MNKD's BoD is laughably incompetent. Nothing will stop the bleeding until MNKD sells Afrezza. Thus far, they have proven themselves to be incapable of doing that. What does that mean for the future? You do the math...
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1:5 split
Mar 3, 2017 9:56:11 GMT -5
via mobile
Post by almannlives on Mar 3, 2017 9:56:11 GMT -5
Matt needs to go ASAP!
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Post by factspls88 on Mar 3, 2017 9:59:59 GMT -5
I feared this was going to happen but didn't think it would be this bad on day 1. It'll be down below $1.00 again before you know it at this rate. Good luck everyone. .
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1:5 split
Mar 3, 2017 10:01:15 GMT -5
via mobile
Post by almannlives on Mar 3, 2017 10:01:15 GMT -5
As far as my last post (Matt needs to go.) I don't say that meaning someone is going to come in a turn things around. I just feel Matt no longer deserves a paycheck from Mannkind.
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1:5 split
Mar 3, 2017 10:12:00 GMT -5
via mobile
Post by bradleysbest on Mar 3, 2017 10:12:00 GMT -5
Time & money is running out on us investors!
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Post by peppy on Mar 3, 2017 10:14:17 GMT -5
stop it Almanlives. you made your decisions. Perhaps you have been watching too much programming and have fallen for the blame game.
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1:5 split
Mar 3, 2017 10:22:41 GMT -5
via mobile
Post by almannlives on Mar 3, 2017 10:22:41 GMT -5
Peppy I wish I could be blindly optimistic like you.
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Post by LosingMyBullishness on Mar 3, 2017 10:24:21 GMT -5
Wow. Are people panicing? I thought that guys who believe that a R/S would help and improve share price had already left.
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Post by LosingMyBullishness on Mar 3, 2017 10:25:24 GMT -5
The nice thing is that a) the short rate has gone up to 27% and b) that we do not have to deal with a price that changes in the fourth digit.
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Post by centralcoastinvestor on Mar 3, 2017 10:38:35 GMT -5
It appears the shorts are going to try for $2.00 a share just today. Amazingly sad.
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Post by alethea on Mar 3, 2017 10:38:58 GMT -5
I feared this was going to happen but didn't think it would be this bad on day 1. It'll be down below $1.00 again before you know it at this rate. Good luck everyone. . That's why a 10 for 1 was so blindingly obvious. Won't take many months to knock it down under $1 again. Too stupid or stubborn to even execute the proper R/S ratio.
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