|
Post by factspls88 on Jun 23, 2017 15:50:24 GMT -5
All I can say is "WTF?" I leave the computer with the stock up $.07/.08 and up come back after the market close to -$.02. Saw it up $.20 earlier today but didn't expect that to hold. Figured +$.07 would've been around where we'd close. Sigh.
|
|
|
Post by mnholdem on Jun 23, 2017 15:56:16 GMT -5
|
|
|
Post by deaner3 on Jun 23, 2017 16:00:23 GMT -5
The Russell 2000 moved MNKD off their list so they sold off a ridiculous amount of shares at the end. I didn't know that was happening but surprised stock price held up to that much selloff all at once. Feel bad for anyone who uses stop losses though. They would have all been activated sadly
|
|
|
Post by ilovekauai on Jun 23, 2017 16:41:35 GMT -5
Many of us here hold much more than that so how did 7M shares trade today?
|
|
|
Post by Omega on Jun 23, 2017 16:54:37 GMT -5
Sorry deleted my post by accident when trying to edit it. The Russell 3000 only Held 3,679 Shares as of 5/31/2017 According to: advisors.vanguard.com/VGApp/iip/site/advisor/investments/portfoliodetails?fundId=1854&compositionTabBox=1#hold Many of us have more shares than that, it was a drop in the bucket.
|
|
|
Post by deaner3 on Jun 23, 2017 17:08:33 GMT -5
Sorry deleted my post by accident when trying to edit it. The Russell 3000 only Held 3,679 Shares as of 5/31/2017 According to: advisors.vanguard.com/VGApp/iip/site/advisor/investments/portfoliodetails?fundId=1854&compositionTabBox=1#hold Many of us have more shares than that, it was a drop in the bucket. Hmm. Is there lots of 000's at the end of that number?
|
|
|
Post by Omega on Jun 23, 2017 17:46:18 GMT -5
Sorry deleted my post by accident when trying to edit it. The Russell 3000 only Held 3,679 Shares as of 5/31/2017 According to: advisors.vanguard.com/VGApp/iip/site/advisor/investments/portfoliodetails?fundId=1854&compositionTabBox=1#hold Many of us have more shares than that, it was a drop in the bucket. Hmm. Is there lots of 000's at the end of that number? Nope, and for example on the same list they have 273,753 shares of Apple worth $41,818,508. as 3.35% of the Fund, so the numbers are not truncated.
|
|
|
Post by compound26 on Jun 23, 2017 17:58:18 GMT -5
Hmm. Is there lots of 000's at the end of that number? Nope, and for example on the same list they have 273,753 shares of Apple worth $41,818,508. as 3.35% of the Fund, so the numbers are not truncated. The numbers are probably truncated by ,000. I think the value listed there reflecting all the shares held by Vanguard funds. It is more likely Vanguard funds' holding of Apple is $41 billion rather than merely $41 million. Since Apple consist 3% of the Vanguard funds as the search shows, at $41 million, vanguards funds will be at a total value of $1.2 billion. I would think it is more likely $1.2 trillion.
|
|
|
Post by Omega on Jun 23, 2017 18:34:58 GMT -5
Nope, and for example on the same list they have 273,753 shares of Apple worth $41,818,508. as 3.35% of the Fund, so the numbers are not truncated. The numbers are probably truncated by ,000. I think the value listed there reflecting all the shares held by Vanguard funds. It is more likely Vanguard funds' holding of Apple is $41 billion rather than merely $41 million. Since Apple consist 3% of the Vanguard funds as the search shows, at $41 million, vanguards funds will be at a total value of $1.2 billion. I would think it is more likely $1.2 trillion. Apple's Market Cap is $761.43B, so if Russell 3000 owned $41B then they own 5% of Apple?
|
|
|
Post by sportsrancho on Jun 24, 2017 9:05:24 GMT -5
It's good to wait until the inflection point to announce what will give us the runway:-) Good to know they've been breaking the law and not revealing material financial developments in order to have a dramatic reveal. Two thumbs up to management for realizing the old rules are too boring. Sadly, I hope you're right that they have a "done deal" that they've been hiding. If we're getting this close to the cliff without ink on paper, they are in a very, very precarious situation. I once allowed myself to get in the latter situation... and guess what, the deal changed dramatically when I had no time but to accept changes. Even if they were waiting for this inflection point to try to get a better deal, they would be playing a risky game because in this short term game cash usually trumps potential... unless they've got multiple sources of funding competing for MNKD's business, and if that were true I think we would have already seen much more aggressive share price increase. Good to know they've been breaking the law? And sadly you hope I'm right? Care to throw any more fud on the fire.. Strategically it would be better IMO to announce your over all plan to give the company more runway after scripts have turned up. Because with out the script increase we wouldn't hold the gains in the pps. Although if it was a partnership maybe we would. IDK What I'm sure about: That the problem has been awareness, insurance, and under dosing. That the reps are doing a great job! That Mike has a plan and intends to announce that when he's ready:-). And that I'm not worried about it.
|
|
|
Post by deaner3 on Jun 24, 2017 9:18:11 GMT -5
Good to know they've been breaking the law and not revealing material financial developments in order to have a dramatic reveal. Two thumbs up to management for realizing the old rules are too boring. Sadly, I hope you're right that they have a "done deal" that they've been hiding. If we're getting this close to the cliff without ink on paper, they are in a very, very precarious situation. I once allowed myself to get in the latter situation... and guess what, the deal changed dramatically when I had no time but to accept changes. Even if they were waiting for this inflection point to try to get a better deal, they would be playing a risky game because in this short term game cash usually trumps potential... unless they've got multiple sources of funding competing for MNKD's business, and if that were true I think we would have already seen much more aggressive share price increase. Good to know they've been breaking the law? And sadly you hope I'm right? Care to throw any more fud on the fire.. Strategically it would be better IMO to announce your over all plan to give the company more runway after scripts have turned up. Because with out the script increase we wouldn't hold the gains in the pps. Although if it was a partnership maybe we would. IDK What I'm sure about: That the problem has been awareness, insurance, and under dosing. That the reps are doing a great job! That Mike has a plan and intends to announce that when he's ready:-). And that I'm not worried about it. Absolutely Rancho... I communicate everything with my wife so we are on same page and she brings a unbiased view to things. And she basically went through facts with me. Said.. you don't know for sure but this is about as high probability of success you can get at these levels. Don't stress and let it ride. Even if it gets to dilution there are so many people who believe just waiting for the announcement to buy. The bounce back from news would be very short term and the quickly roar past current pps onward to where we want it. So only thing to fear is bankruptcy not dilution and that isn't even a consideration for years and with a eventual blockbuster product and sales starting to pick up speed. It's going to succeed. So my advice to myself is quit worrying and buy more.
|
|
|
Post by alethea on Jun 24, 2017 12:02:49 GMT -5
|
|
|
Post by traderdennis on Jun 25, 2017 10:29:28 GMT -5
All I can say is "WTF?" I leave the computer with the stock up $.07/.08 and up come back after the market close to -$.02. Saw it up $.20 earlier today but didn't expect that to hold. Figured +$.07 would've been around where we'd close. Sigh. But we can take heart in knowing that MNKD stock is most definitely NOT manipulated nor illegally, nakedly sold short. Mr Market was not convinced on Friday that MNKD has made enough of a turn around which is why the stock lost .20 cents per share intraday. At best last week shows that MNKD is only at 10% of cash flow break even. With 10 Million due in Deerfield notes in July cash is suspect to run out before the end of the 3rd quarter. I read Friday's price action as the market predicting massive dilution is best outcome in the next 3 - 6 months. Over the last few months, the best axiom I have read from very successful traders is that "The Market is never wrong". Which is very different from playing poker where you can do the right action over and over and keep losing chips and money. I loved the point above in the thread, this is a MNKD board, not an Afrezza board. What might be good for Afrezza may not be good for MNKD.
|
|
|
Post by agedhippie on Jun 25, 2017 10:49:56 GMT -5
I read Friday's price action as the market predicting massive dilution is best outcome in the next 3 - 6 months. Over the last few months, the best axiom I have read from very successful traders is that "The Market is never wrong". Which is very different from playing poker where you can do the right action over and over and keep losing chips and money. It's corollary and my personal favorite - "The Market can remain irrational longer than you can remain solvent". That one has bitten me a few times.
|
|
|
Post by peppy on Jun 25, 2017 11:42:06 GMT -5
regarding the topic inflection point. Mirror imagines? They both seem to be suggesting test of top? the price chart $2.50 test specifically. the sanofi 627 new rx 300 refill test of top. oh, please let it be so.
Week ending 6/16/17
TRx 385 (302 last week) TRx $280.55K TRx units in prescriptions 68.22K
NRx 226 (145 last week) NRx $159.08K NRx units total presciptions 39.15K
|
|