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Post by Deleted on Sept 5, 2017 8:51:31 GMT -5
The rate to loan dropped from 48% to 45% as of today.
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Deleted
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Post by Deleted on Sept 13, 2017 13:36:45 GMT -5
The loan rate increased from 45% to 50% as of today. I will update this information when I receive it from Schwab.
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Post by kc on Sept 13, 2017 15:08:56 GMT -5
There must be something rumbling as shares are short since the borrowed rate has continued to increase like it has at Fidelity to 113.75% The broker's know the deal and we know NOTHING until its either very good or very bad for us.
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Post by n8 on Sept 13, 2017 15:15:09 GMT -5
So is 113% common? Doesnt this say you would be insane to try to short this stock right now?
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Post by kc on Sept 13, 2017 15:47:49 GMT -5
I would say very uncommon... I never had seen it that high before. But Fidelity is only paying the owner 48% so they are keeping a big 65% spread on it. Which means that its a very risky business for the broker who is loaning the shares to the shorts.
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Post by boca1girl on Sept 13, 2017 15:55:54 GMT -5
Rate paid by Fidelity was 48.25% today. Over the last week it has dipped down near 47%.
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Post by karl on Sept 13, 2017 16:34:05 GMT -5
So is 113% common? Doesnt this say you would be insane to try to short this stock right now? No, it says just the opposite. Shorts are willing to pay a big premium to short it. Normally, this shows that the shorts are very confident. |
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Post by lojothehus on Sept 13, 2017 16:40:48 GMT -5
So is 113% common? Doesnt this say you would be insane to try to short this stock right now? No, it says just the opposite. Shorts are willing to pay a big premium to short it. Normally, this shows that the shorts are very confident. They are not confident at all. They are in no man's land and they realize that they will pay big anyway so you may as well take it all the way.....in my honest opinion. |
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Post by saxcmann on Sept 13, 2017 16:47:42 GMT -5
So is 113% common? Doesnt this say you would be insane to try to short this stock right now? No, it says just the opposite. Shorts are willing to pay a big premium to short it. Normally, this shows that the shorts are very confident. I agree they must be very confident to pay those prices! Very confident dilution is coming is the bet? They should be right unless Mike pulls rabbit with partner giving at least $50 million upfront after positive fda label announcement. |
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Post by falconquest on Sept 13, 2017 17:14:48 GMT -5
Despite the recent share price rise, which I have to admit I don't fully understand, there is still that nagging issue, that big huge elephant in the room about financing. Mike seemed confident but certainly lacking in specifics at the recent conference. He is setting himself up for a huge win/lose situation. If he can make a nondilutive deal that carries the company for a decent amount of time then he wins. If not, the share price will tank in my opinion. He would have to produce some serious sales to earn his way out of the situation. Unless there is some big deal in the works I remain concerned about the future of Mannkind.
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Post by golfeveryday on Sept 13, 2017 17:36:08 GMT -5
I agree they must be very confident to pay those prices! Very confident dilution is coming is the bet? They should be right unless Mike pulls rabbit with partner giving at least $50 million upfront after positive fda label announcement. or they are painted in a corner and trying to drag it out as long as possible. End is very near for them. Very clear wii recent price appreciation so quickly. The are not really forced to cover for quite some time. |
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Post by cretin11 on Sept 13, 2017 17:42:16 GMT -5
Some of us have seen this story before. It's not so clear that the end is near for the shorts. It sure would be nice though.
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Loan Rate
Sept 13, 2017 17:46:53 GMT -5
via mobile
Post by straightly on Sept 13, 2017 17:46:53 GMT -5
Despite the recent share price rise, which I have to admit I don't fully understand, there is still that nagging issue, that big huge elephant in the room about financing. Mike seemed confident but certainly lacking in specifics at the recent conference. He is setting himself up for a huge win/lose situation. If he can make a nondilutive deal that carries the company for a decent amount of time then he wins. If not, the share price will tank in my opinion. He would have to produce some serious sales to earn his way out of the situation. Unless there is some big deal in the works I remain concerned about the future of Mannkind. We are off the rock bottom because it had become clear that 1: Mike had find ways to cash flow positive. 2: Investors had shown up or hadn't been scared away so Mike will get enough cash to get us to cash flow positive. We are not higher because we do not know if dilution can be avoided or how bad it would be if it couldn't. Our building or other ways must be close, but might be not quite enough. My take is that let's dillute but have the money to be sure. If it turned out that we over capitalized, return the money buying some shares back. I am sure, even with dillution, as long as Affreza become successful, we will be many bagger from here. 10 bagger vs. 20 bagger, or X baager is the difference I see, and is not really different very much really. |
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Post by duncanbrent on Sept 13, 2017 17:48:33 GMT -5
My Schwab rate went from 48% to 50% today. Go figure!
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Post by falconquest on Sept 13, 2017 18:07:57 GMT -5
Despite the recent share price rise, which I have to admit I don't fully understand, there is still that nagging issue, that big huge elephant in the room about financing. Mike seemed confident but certainly lacking in specifics at the recent conference. He is setting himself up for a huge win/lose situation. If he can make a nondilutive deal that carries the company for a decent amount of time then he wins. If not, the share price will tank in my opinion. He would have to produce some serious sales to earn his way out of the situation. Unless there is some big deal in the works I remain concerned about the future of Mannkind. We are off the rock bottom because it had become clear that 1: Mike had find ways to cash flow positive. 2: Investors had shown up or hadn't been scared away so Mike will get enough cash to get us to cash flow positive. We are not higher because we do not know if dilution can be avoided or how bad it would be if it couldn't. Our building or other ways must be close, but might be not quite enough. My take is that let's dillute but have the money to be sure. If it turned out that we over capitalized, return the money buying some shares back. I am sure, even with dillution, as long as Affreza become successful, we will be many bagger from here. 10 bagger vs. 20 bagger, or X baager is the difference I see, and is not really different very much really. And what gives you any indication that Mike has found a way to be cash flow positive? Certainly you can't believe this. |
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