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Post by radgray68 on Apr 6, 2017 19:42:12 GMT -5
FDA approved drug and a robust pipeline = $100 mil Market Cap? ? Huh???
I just am not seeing the whole picture here and hopefully somebody can add some color. It seems I saw a screen shot of a paper put out by Tourbillon Capital about how they had covered their short on Mannkind. (was it last week or the week before?) Anyway, I took that as a good thing for various reasons, especially the fact that they had called this stock perfectly the entire time. Either they didn't see it possibly going any lower, they have a better candidate, etc.
I put up what I considered a low-ball, half price offer on some options and got them, to my surprise, only to see the price promptly cut in half again. My bad. Jumped too soon. I did add a little more today to lower my average but that's it for this degenerate gambler. I'm fortunate, I'll just forgo the tables on my Vegas trip this year and skip the monthly run to the local casino to even it out. However, I can't help feeling like I was worked over like a rib by these crafty shorts. It's been kind of like sitting down at the poker table and noticing all the other players nodding in unison with each other. I'm almost in awe and want to be them now. There's an old adage that goes : If you sit down at a poker table and cant determine who the patsy is, your the patsy. I know I'm not alone here when I say I'm feeling like the patsy. What did I miss?
Bottom line is, either sales ramp up until we're solvent or they don't. It's as simple as that. I can see a 50/50 chance from here, but what do I know really? There are more than just a few now who think Mannkind is kaput already, even some on this board. I never shorted a stock before, but I might start looking into it soon. That Tourbillon paper was just a giant horn call, AAAWHHHHHHOOOOOOOOOOO!!!!!!! to send a signal to those working in concert against Mannkind. As much as I don't like it, I have to tip my hat to these guys. It takes serious cajones to short a company that's already lost 95% of it's value.
Anybody have additional info on Tourbillon or the shorts that might explain the who and how here? Was that fake news? They absolutely KNOW we're done. Why? |
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Post by tmann on Apr 8, 2017 8:27:07 GMT -5
If you want to know Tourbillion and how they operate, who their allies are, how they coordinate attacks see the web site deep capture dot com.
Most people in biotech know these people and are afraid of them. They've destroyed dozens of baby biotechs over the last decade, their offensive and defensive resources are enormous.
People in hedge funds also know about naked shorting and the huge missing shares problem at the DTCC - no audits ever for fear of what will happen to the entire market.
Don't get too involved, or your life will be ruined.
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Post by LosingMyBullishness on Apr 8, 2017 9:24:19 GMT -5
If you want to know Tourbillion and how they operate, who their allies are, how they coordinate attacks see the web site deep capture dot com. Most people in biotech know these people and are afraid of them. They've destroyed dozens of baby biotechs over the last decade, their offensive and defensive resources are enormous. People in hedge funds also know about naked shorting and the huge missing shares problem at the DTCC - no audits ever for fear of what will happen to the entire market. Don't get too involved, or your life will be ruined. Pretty true. I made some money during the Additive printing fade and steered then to BioTech and biochemicals as I believed in the long term trend to biopharmaceutical . Big mistake in hindsight. This market is full of land mines for retailers and every vulture is getting his share on the corpses. |
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Post by LosingMyBullishness on Apr 8, 2017 9:28:45 GMT -5
FDA approved drug and a robust pipeline = $100 mil Market Cap?? Huh???
I just am not seeing the whole picture here and hopefully somebody can add some color. It seems I saw a screen shot of a paper put out by Tourbillon Capital about how they had covered their short on Mannkind. (was it last week or the week before?) Anyway, I took that as a good thing for various reasons, especially the fact that they had called this stock perfectly the entire time. Either they didn't see it possibly going any lower, they have a better candidate, etc.
I put up what I considered a low-ball, half price offer on some options and got them, to my surprise, only to see the price promptly cut in half again. My bad. Jumped too soon. I did add a little more today to lower my average but that's it for this degenerate gambler. I'm fortunate, I'll just forgo the tables on my Vegas trip this year and skip the monthly run to the local casino to even it out. However, I can't help feeling like I was worked over like a rib by these crafty shorts. It's been kind of like sitting down at the poker table and noticing all the other players nodding in unison with each other. I'm almost in awe and want to be them now. There's an old adage that goes : If you sit down at a poker table and cant determine who the patsy is, your the patsy. I know I'm not alone here when I say I'm feeling like the patsy. What did I miss?
Bottom line is, either sales ramp up until we're solvent or they don't. It's as simple as that. I can see a 50/50 chance from here, but what do I know really? There are more than just a few now who think Mannkind is kaput already, even some on this board. I never shorted a stock before, but I might start looking into it soon. That Tourbillon paper was just a giant horn call, AAAWHHHHHHOOOOOOOOOOO!!!!!!! to send a signal to those working in concert against Mannkind. As much as I don't like it, I have to tip my hat to these guys. It takes serious cajones to short a company that's already lost 95% of it's value.
Anybody have additional info on Tourbillon or the shorts that might explain the who and how here? Was that fake news? They absolutely KNOW we're done. Why? So: are we done? Difficult to get a fair evaluation. Could be that shorts are the most credible when they send this out to their customers. Shorts make their money by being best informed and have the best control. And I assume that their customers are not some loser retailers, so they better give proper forecasts. If the paper you saw was really for their customers, then we are done. |
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Post by LosingMyBullishness on Apr 8, 2017 9:45:57 GMT -5
Hmm, the only article I just saw was from May, 2015. Is there a new one out?
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Post by nylefty on Apr 8, 2017 10:49:11 GMT -5
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Post by kc on Apr 8, 2017 11:10:15 GMT -5
You want the facts of how the game is played read this 60 page informative letter to the SEC by CREW in 2012 . crew.3cdn.net/f55aefe37e78fb8d0f_z2m6b08ki.pdf This is a history of why we are in such desperate shape today. It goes back to 2010. Martin Shrekili |
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? Huh?
