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Post by joeypotsandpans on Nov 10, 2017 14:30:36 GMT -5
IMHO, Dr. D will convert today 11/10/17 to get the max 4M shares at $3.25 pps. If yes, the news will come out next week. pps will no longer be pinned down but rise further towards $6. Time for small investors to avg up and shorts to cover. Next week will be fun. I hope you’re right, but it doesn’t make sense to me. If they were ready for shares, then why didn’t they just make a deal for shares? Why January 15th as the time limit? The deal says to me that Deerfield is waiting for MNKD to accomplish something they said they could do, by January 15th. If that’s the case, nothing has happen since the CC. I thought they bumped the due date to Oct 31st because they were waiting for the FDA decision. So why not convert then? Why another bump to Jan 15th? The only new date we’ve been given is the shareholder vote on adding 140mil shares. Are they waiting for that approval? Are they waiting to see the results of the first round of commercials? Is Dr D the one who pushed MNKD to run the marketing now instead of the 1Q? Just my thoughts, I guess we’ll find out soon. Mike talked about working with the formulary's and one large one in particular, so hypothetically speaking, the STAT study results in conjunction with the push out to Jan from Oct on Dr D and moving up the ad campaign along with a 6:1 call to put ratio with the Jan monthly expiry at 5 strike (see below) currently the premium is roughly .25 so whoever/whatever entity is short the calls is getting closer to zero and if s/p starts to get anywhere near that level in the next 60 days is risking losing gains made in the past few weeks (Apologies for the long run on sentences, I'll make it a New Years resolution to try and be better on them). Couple that with shares still hard to borrow and the high short interest, we are coming to some moments of truth into year end. Personally I wouldn't mind if the run up came after the 1st from a tax standpoint because every time I ladder up on the options I have to realize the gain from the sale of the ITM calls (only issue with trading the options but of course a good problem and that is why tax loss carry forwards come in handy lol) The option chain for 1/18 below, notice the huge disparity at the 5 strike between calls and puts:  |
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Post by kimi on Nov 10, 2017 14:32:59 GMT -5
IMHO - it's a private person.
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Post by celo on Nov 10, 2017 15:13:48 GMT -5
IMHO, Dr. D will convert today 11/10/17 to get the max 4M shares at $3.25 pps. If yes, the news will come out next week. pps will no longer be pinned down but rise further towards $6. Time for small investors to avg up and shorts to cover. Next week will be fun. Amazing pegging at the 3.25 level. Quite annoying, and I'm ready for the horses to be free again. |
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Post by alethea on Nov 10, 2017 15:39:46 GMT -5
IMHO, Dr. D will convert today 11/10/17 to get the max 4M shares at $3.25 pps. If yes, the news will come out next week. pps will no longer be pinned down but rise further towards $6. Time for small investors to avg up and shorts to cover. Next week will be fun. Amazing pegging at the 3.25 level. Quite annoying, and I'm ready for the horses to be free again. Unbelievably, they (  ) are going to close it in the red. No doubt to be followed by a Spencer O article saying how the Street was not impressed with the latest script revenue.    |
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Post by awesomo on Nov 10, 2017 15:57:18 GMT -5
I'm totally shocked that we end the week yet again at 3.25... Can we just halt trading on this until the market movers decide they want to do something else. |
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Post by dreamboatcruise on Nov 10, 2017 16:05:53 GMT -5
Amazing pegging at the 3.25 level. Quite annoying, and I'm ready for the horses to be free again. Unbelievably, they ( ) are going to close it in the red. No doubt to be followed by a Spencer O article saying how the Street was not impressed with the latest script revenue. Unless "we" are buying more than "they" are willing to sell at a given price then the price will go down. Were you buying today... I was not. |
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Post by centralcoastinvestor on Nov 10, 2017 16:25:08 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor.
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Post by alethea on Nov 10, 2017 16:33:20 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor. Central, what will cause the crooks to ever ease up on the manipulation? Today was breathtaking.. and not in a good way. |
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Post by lakers on Nov 10, 2017 16:53:09 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor. Central, what will cause the crooks to ever ease up on the manipulation? Today was breathtaking.. and not in a good way. Dr. D has to convert first to unshackle pps. Near term binary event between 12/13/17 and 1/15/18: ME+India partnership voluntarily alluded to by MC. The co. Retained Matt P until 2019 for a reason. I speculate that much of the detail of the deal has been hashed out but the equity stake which basically needs Mann Foundation and Dr. D's approval. The SH vote is just a formality. Mgmt would not bring up the meeting w/o prior pre-approval by these two. I don't disagree with Kimi as the proxy material spelled out Poison Pill defense. TV commercial will take a few months to get traction due to the holiday heavy period and lag time due to Endo, PCP appointment. So, this is not the event that will materialize before 1/15/18. I expect Shorts will cover earnestly after Dr. D, especially between 12/13 and 1/15/18 as the risk is too high for them. The buy-in should be higher than $6 to grease the skid for the next PIPE if needed. Do not discount Can+Mex distributorship. We need this to absorb the plant's fixed cost and insulin contract with AMPH right away. |
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Post by centralcoastinvestor on Nov 10, 2017 17:00:34 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor. Central, what will cause the crooks to ever ease up on the manipulation? Today was breathtaking.. and not in a good way. I've been in this stock for a decade now. Not too smart when looking in the rear view mirror. I'm not a big player at all. Just a small retail investor. However, I feel that I have learned so much from owning this stock. Here is what I think now. Learning this week that the short interest was at 30 million shares (up 4 million and 150 million total pre reverse split) leads me to believe that the massive drop from 6.5 to 3 was forced by the shorts or completely artificial. Today felt the same way. While all of this manipulation is going on, Mnkd grows stronger. I would have never thought that Mike C. could have pulled off new financing at $6 a share. That comes from strength. The new FDA label, further strength. Increasing weekly revenue...you get the picture. Sooooooo ..... I think the day is coming in the next 6 months where MannKind draws the interest from big players on Wallstreet that will cause buying in volume that the shorts will not be able to handle. At that point, they will be forced out. IMHO. |
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Post by dreamboatcruise on Nov 10, 2017 17:14:00 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor. Central, what will cause the crooks to ever ease up on the manipulation? Today was breathtaking.. and not in a good way. It would help get the shorts (crooks if you choose) out to have the prospect of further dilution behind us. Management has just indicated that there could be a worst case scenario of doubling the outstanding shares. That is likely to embolden shorts, all else being equal. From a share supply/demand standpoint (which determines price), a company needing to raise money through dilution is going to be working on the side of shorts to help hold down any rise in price by providing shares into the market during periods when the stock starts showing strength. |
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Post by joeypotsandpans on Nov 10, 2017 17:18:35 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor. Central, what will cause the crooks to ever ease up on the manipulation?Today was breathtaking.. and not in a good way. You of all people should already know the answer as you are indirectly a victim of it, I'll give you one guess and it wouldn't take much for it to happen with one single announcement  |
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Post by xanet on Nov 10, 2017 17:20:56 GMT -5
For me, today was almost humorous. I mean the share price was just body slammed. Today, the shorts decided it wasn't going to end higher, period. It doesn't matter how much buying was going on, they were going to ensure that it ended flat or down. Amazing. I do feel much more confident than in the past that they are not in complete control anymore in the long run. Which is why I can look at today with some humor. Central, what will cause the crooks to ever ease up on the manipulation? Today was breathtaking.. and not in a good way. You need to remember that shorting is an important regulator of the market. It serves to reduce volatility and to keep prices from rocketing skyward at an unsustainable rate. That said, when investors short into weakness instead of strength, it does put downward pressure on a security until buying power matches selling power. I do think there has been manipulation, but a lot of the short selling is just investors playing the other side, and that does have a place in maintaining stability. Eventually the price incongruity will work itself out as uncertainty continues to be removed from the equation. You have to think long term on stocks like this or the journey becomes very frustrating very quickly. |
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Post by brotherm1 on Nov 10, 2017 18:43:17 GMT -5
No need though to allow shorting a stock priced under a certain level such as $3 per share. There are other countries that do not allow it and nor should the US.
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Post by dreamboatcruise on Nov 10, 2017 18:47:38 GMT -5
No need though to allow shorting a stock priced under a certain level such as $3 per share. There are other countries that do not allow it and nor should the US. Interesting idea. Though potentially there are consequences you aren't considering. For instance, raising money via a PIPE is often selling to parties that are only buying because they can short and lock in the discount being given. |
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) are going to close it in the red.
