|
|
Post by compound26 on Oct 6, 2017 10:57:26 GMT -5
because I had over 50,000 shares before rs and now I have 50k/5. I hope Al Mann Group and Al's family thinks the same way. Ok, I see.  But it does not make any difference as long as PPS rises in proportion. If you bought at $5, if the PPS rises to $25, then you are exactly at where you were. |
|
|
|
Post by agusta on Oct 6, 2017 10:58:53 GMT -5
Perl, were in the same boat!
|
|
|
|
Post by thekindaguyiyam on Oct 6, 2017 15:36:18 GMT -5
I emailed fidelity asking how to loan my MNKD shares. They replied that they would contact me if I had any stock in something hard to borrow. Ummm, I have 300k shares of MNKD, is that not in demand?? What am I missing?! Oh well. Decided not to loan anyways after Nate Pile recommended against it yesterday. If you have 300,000 shares I would like you to adopt me. |
|
|
|
Post by BlueCat on Oct 6, 2017 19:11:01 GMT -5
I am wondering for how long and for how high will the rate go considering current pps? There could be 2 outcomes: 1: we get rate 75-100% until end of the year and buy out at $50 per share or 2: pps climbs to $25 and they do split back to original number of shares Why do you want to split back once you climb to $25? Really sees no reason for that. Stocks trading above $100 is quite common nowadays. IF it were simple math, well then, no. And you're right. However: Recall that following the reverse split on the roller coaster down to hell, we immediately went down further. Now - if we split back out with momentum carrying up - return might go higher. Tho OTOH - having a much smaller float improves the chance of not getting shorted to hell again. |
|
Deleted
Deleted Member
Posts: 0
|
Loan Rate
Oct 10, 2017 15:55:04 GMT -5
via mobile
Post by Deleted on Oct 10, 2017 15:55:04 GMT -5
The rate of 60% remains despite the run-up. I was anticipating a change.
|
|
|
|
Post by compound26 on Oct 10, 2017 15:59:21 GMT -5
The rate of 60% remains despite the run-up. I was anticipating a change. But they are paying 60% of $6-7, instead of 60% of $1-2. Huge difference. |
|
|
|
Post by dreamboatcruise on Oct 10, 2017 16:06:03 GMT -5
The rate of 60% remains despite the run-up. I was anticipating a change. The stock is so volatile I would also have expected the rate to change... though I can't say which direction I expected the rate to go... up indicating more shorts piling on or down indicating shorts exiting by covering. |
|
perl
Newbie
Posts: 13 
|
Post by perl on Oct 10, 2017 16:48:29 GMT -5
thank you sharing your point. However, if you have 50k shares ( as I used to have before split) and pps is $1, you would agree with me that each $1 up ---> your portfolio is $50,000 up.
The bottom line is : my only hope here is Al Mann Group, his family, and Michael will do forward split when pps reaches $50 or more. I do collect money from shorts they have been paying to me last 16 months, and all proceeds have been used to buy stock. These days when pps went up so fast, I am sure pps will go down to $4-$5 very soon, Therefore I will wait to buy LEAPs $4 and $5 calls when this happens as now they are very expensive.
|
|
perl
Newbie
Posts: 13
|
Post by perl on Oct 10, 2017 16:54:13 GMT -5
well, please read my reply to another poster. I am ok considering that shorts pay me today 54% interest on my shares. I will be buying more using their money as long as they pay. They are the reason I have now 10k instead of 50k shares, so let them pay.
|
|
|
|
Post by kc on Oct 10, 2017 17:01:33 GMT -5
I am wondering for how long and for how high will the rate go considering current pps? There could be 2 outcomes: 1: we get rate 75-100% until end of the year and buy out at $50 per share or 2: pps climbs to $25 and they do split back to original number of shares Why do you want to split back once you climb to $25? Really sees no reason for that. Stocks trading above $100 is quite common nowadays. I have shares in Intuitive surgical They just split their stock 3 (three) way from $1,085 to $367.00 I liked them better prior to the split. |
|
|
|
Post by kc on Oct 10, 2017 17:05:16 GMT -5
Holy crap! Loan rate at IB is 242 % !! The only logical explanation is Big Pharma's shorting for the possibility of a better price on buyout of mnkd. Otoh, how could they all be working together? Only one would be able to aquire mnkd/afrezza. There has never been any logical explanation for it. I used to call it my MannKind Divided. It paid daily so that one could increase their shares. |
|
|
|
Post by nemzter on Oct 11, 2017 9:32:50 GMT -5
Fidelity is up 55.125%, not sure what the shorts are paying, but I'm guessing it's getting up there too...
|
|
|
|
Post by dreamboatcruise on Oct 11, 2017 10:55:37 GMT -5
Schwab is holding steady at 60% for what they are paying.
|
|
|
|
Post by standup on Oct 12, 2017 11:32:07 GMT -5
Bouncing off the first Fib retracement level. Stock price appreciation and 70% interest on loaned out shares. Isn't America great!
|
|
|
|
Post by joeypotsandpans on Oct 12, 2017 11:46:26 GMT -5
NO SHARES AVAILABLE at largest DTC, rate to borrow at 150% and no shorting allowed. I have several people I know that have significant shares in the lending program for the last two years and they have been collecting while the stock took it's respite....they have nooooooo problem leasing out their shares at "Mario" rates  and now that the principal amount is steadily moving up they're in nirvana nir·va·na nərˈvänə,nirˈvänə/Submit noun (in Buddhism) a transcendent state in which there is neither suffering, desire, nor sense of self, and the subject is released from the effects of karma and the cycle of death and rebirth. It represents the final goal of Buddhism. synonyms: paradise, heaven; More another term for moksha. a state of perfect happiness; an ideal or idyllic place. |
|
But it does not make any difference as long as PPS rises in proportion. If you bought at $5, if the PPS rises to $25, then you are exactly at where you were. 
and now that the principal amount is steadily moving up they're in nirvana