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Post by joeypotsandpans on Oct 4, 2017 14:50:03 GMT -5
I'm unable to view it on my current desktop due to some graphics incompatibility issue, but I am pretty certain today's Ichimoku chart is Bullish. ichimokutrader.comIt's all bullish, MACD heading north, 50d heading up through the 200d in "short" order, beautiful bullish candle developing on the weekly/monthly charts and no shares available to borrow still, and to put things in proper perspective this is only at .70 pre-split !!!! Mike said about 98% of PWD are still not aware of Afrezza, I agree and add that 98% of average investor is still not aware of MNKD  |
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Post by cjc04 on Oct 4, 2017 14:59:43 GMT -5
Analysts are saying 4, and with good news, the stock moves up. The question is, will it go higher, stay there, or fall back down? I hope new sales pick up soon, and fast! 6 dollars and fast. Wolfe wave.
I think so too Peppy.... been studying hard, and when you eliminate the last 6 months or so, the "left for dead period, then I can't see how we're not heading straight to an immediate trading range of $4 to $6..... because we're not "left for dead" anymore... Btw,,,, there's also a gap at $6.60 from May 9th |
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Post by mytakeonit on Oct 4, 2017 15:03:27 GMT -5
And MNKD funding dollars goes to $79M !!!
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Post by cjc04 on Oct 4, 2017 15:37:23 GMT -5
And MNKD funding dollars goes to $79M !!! Not quite, the ATM maxes out at $50 mil |
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Post by mytakeonit on Oct 4, 2017 15:39:13 GMT -5
They have 22.4 millions shares that they can sell for funding.
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Post by straightly on Oct 4, 2017 17:51:49 GMT -5
They have 22.4 millions shares that they can sell for funding. Mind explaining this to up? |
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Post by anderson on Oct 4, 2017 18:17:15 GMT -5
They have 22.4 millions shares that they can sell for funding. Mind explaining this to up? MNKD has about 140 million authorized shares, havent looked at the numbers but mytakeonit puts the number of not issued shares in the treasury at 22.4 million. They can sell up to $50mil with the ATM and if they have any left over they can do an offering. If they use the ATM or do an offering expect them to have a meeting to increase authorized share so they have some more in the treasury for take over protection. |
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Post by mytakeonit on Oct 4, 2017 20:23:52 GMT -5
I may be wrong ... but, when Mike C mentioned the 22.4 million shares with a $50M limit ... I'm not sure that it is sold. Premarket price for MNKD was around $2.20/share x 22.4M shares puts us at that $50M limit. So, if it wasn't a done deal and just a number at the CC, then it seems to be a use the shares as we need it. That's why I base my number at 22.4M shares times market price.
BTW, the 22.4M shares is the 8.4M from the warrant conversion deal plus 14M that was previously authorized.
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dang
Newbie
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Post by dang on Oct 5, 2017 11:27:12 GMT -5
That's kinda like when Jaguar boasted about being the "faster growing luxury car brand in the world" a few years ago. Their numbers were small so it was easy to show a percentage that was impressive. Mercedes would've had to sell tens of thousands more to show the same percentage increase. Its a numbers game, literally. Yeah, it's "easy" to show that the shares I bought at .85 and .91 have tripled in value. Wish I'd bought more. That's still pretty awesome though. |
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