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Post by mango on Nov 19, 2017 13:34:50 GMT -5
😆 Took me a minute to get it Speights: You announced the upcoming stockholder meeting on authorizing around 140 million new shares. Why that number? Do you anticipate any pushback or difficulty getting the authorization approved?
Castagna: The purpose of the 140 million --- there is no right or wrong number. You could have went for 20 million. you could have went for 200 million. There are 140 million outstanding shares now, so we're just increasing that count to 280 million. The reality is that if you want to make an acquisition, you have to have shares. If you want to continue to expand the company, you might need shares available to do things. To do partnerships, you could need shares, to bring in an ownership in the company.
So we only have 4 million shares left. That's not in the interest of shareholders to run a company and have zero options on the table if things pop up over the next two to three years. So what I didn't want to do, honestly, is say I want 20 million shares and everybody says, "Oh, we have 10% dilution coming." You needed to have a number that was reasonable but not too absurd. I think that's what's important.
Is this opening up our airways a bit? If it is, can it take price up the wedge. More information from the company made public.
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Post by peppy on Nov 20, 2017 1:52:02 GMT -5
back to charts and price movement. Mike has come out and publicly in a published interview, so made public:
Speights: You announced the upcoming stockholder meeting on authorizing around 140 million new shares. Why that number? Do you anticipate any pushback or difficulty getting the authorization approved?
Castagna: The purpose of the 140 million --- there is no right or wrong number. You could have went for 20 million. you could have went for 200 million. There are 140 million outstanding shares now, so we're just increasing that count to 280 million. The reality is that if you want to make an acquisition, you have to have shares. If you want to continue to expand the company, you might need shares available to do things. To do partnerships, you could need shares, to bring in an ownership in the company.
So we only have 4 million shares left. That's not in the interest of shareholders to run a company and have zero options on the table if things pop up over the next two to three years. So what I didn't want to do, honestly, is say I want 20 million shares and everybody says, "Oh, we have 10% dilution coming." You needed to have a number that was reasonable but not too absurd. I think that's what's important.
----------------------------------------------------------------------------------------------------------------- Could it be seen (?) MNKD was trading at 6 dollars six weeks ago, and this Deerfield price a buying opportunity? Advertising started, (Love the thread, and the people posting are telling us, people that rarely post.) and the double bottom three week price consolidation cello pointing out. a 75 cent price consolidation.
break of $3.68 the 100 week ma, targets 4.15? Have to work through the resistance, seen looking left. 3.30 the sanofi low, etc, etc. last weeks high 3.38. break of 3.39 to 3.68 and break of 3.68 to 4.15? this thing could start the climb back up any time. advertising; Saw Afrezza commercial in the Las Vegas Westgate St Louis. American music awards. Abc. Cnn san diego. right now. 5:37 pm
Chubby Checker - The Twist www.youtube.com/watch?v=xbK0C9AYMd8
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Post by mytakeonit on Nov 20, 2017 2:38:09 GMT -5
Okay twisted sistah ... you are up because the grandkids are sleeping? So, what do you bring for us on tomorrow's opening and the march on to greater heights? It's dark here ... but www.youtube.com/watch?v=bgiQD56eWDk
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Post by cjc04 on Nov 20, 2017 11:16:27 GMT -5
back to charts and price movement. Mike has come out and publicly in a published interview, so made public:
Speights: You announced the upcoming stockholder meeting on authorizing around 140 million new shares. Why that number? Do you anticipate any pushback or difficulty getting the authorization approved?
Castagna: The purpose of the 140 million --- there is no right or wrong number. You could have went for 20 million. you could have went for 200 million. There are 140 million outstanding shares now, so we're just increasing that count to 280 million. The reality is that if you want to make an acquisition, you have to have shares. If you want to continue to expand the company, you might need shares available to do things. To do partnerships, you could need shares, to bring in an ownership in the company.
So we only have 4 million shares left. That's not in the interest of shareholders to run a company and have zero options on the table if things pop up over the next two to three years. So what I didn't want to do, honestly, is say I want 20 million shares and everybody says, "Oh, we have 10% dilution coming." You needed to have a number that was reasonable but not too absurd. I think that's what's important.
----------------------------------------------------------------------------------------------------------------- Could it be seen (?) MNKD was trading at 6 dollars six weeks ago, and this Deerfield price a buying opportunity? Advertising started, (Love the thread, and the people posting are telling us, people that rarely post.) and the double bottom three week price consolidation cello pointing out. a 75 cent price consolidation.
break of $3.68 the 100 week ma, targets 4.15? Have to work through the resistance, seen looking left. 3.30 the sanofi low, etc, etc. last weeks high 3.38. break of 3.39 to 3.68 and break of 3.68 to 4.15? this thing could start the climb back up any time. advertising; Saw Afrezza commercial in the Las Vegas Westgate St Louis. American music awards. Abc. Cnn san diego. right now. 5:37 pm
Chubby Checker - The Twist www.youtube.com/watch?v=xbK0C9AYMd8
hey Peppy, I love studying the technicals and the psychology behind them, especially when the fundamentals are lining up to support it, which I FINALLY feel is happening. That said, I honestly don’t feel like the sp is going anywhere based on technicals until the Deerfield $3.25 floor/ceiling is removed. Is that Jan 15th? Is it Dec 13th? Is there some other event to cause them to convert between those dates? Is it possible for you to run a chart out to Jan 15th, assuming we’re stuck in this $3.25 range til then, and see where support/resistance and moving avgs are then? Thx
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Post by peppy on Nov 20, 2017 17:04:30 GMT -5
MNKD Nasdaq real time volume, 1,893,538 shares MNKD Nasdaq Summary volume, 2,628,956 shares. www.nasdaq.com/symbol/mnkd$3.16 minus .10 minus 3%. Chart wise chop chop. I got nothing.
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Post by xanet on Nov 20, 2017 17:39:23 GMT -5
back to charts and price movement. Mike has come out and publicly in a published interview, so made public:
Speights: You announced the upcoming stockholder meeting on authorizing around 140 million new shares. Why that number? Do you anticipate any pushback or difficulty getting the authorization approved?
Castagna: The purpose of the 140 million --- there is no right or wrong number. You could have went for 20 million. you could have went for 200 million. There are 140 million outstanding shares now, so we're just increasing that count to 280 million. The reality is that if you want to make an acquisition, you have to have shares. If you want to continue to expand the company, you might need shares available to do things. To do partnerships, you could need shares, to bring in an ownership in the company.
So we only have 4 million shares left. That's not in the interest of shareholders to run a company and have zero options on the table if things pop up over the next two to three years. So what I didn't want to do, honestly, is say I want 20 million shares and everybody says, "Oh, we have 10% dilution coming." You needed to have a number that was reasonable but not too absurd. I think that's what's important.
----------------------------------------------------------------------------------------------------------------- Could it be seen (?) MNKD was trading at 6 dollars six weeks ago, and this Deerfield price a buying opportunity? Advertising started, (Love the thread, and the people posting are telling us, people that rarely post.) and the double bottom three week price consolidation cello pointing out. a 75 cent price consolidation.
break of $3.68 the 100 week ma, targets 4.15? Have to work through the resistance, seen looking left. 3.30 the sanofi low, etc, etc. last weeks high 3.38. break of 3.39 to 3.68 and break of 3.68 to 4.15? this thing could start the climb back up any time. advertising; Saw Afrezza commercial in the Las Vegas Westgate St Louis. American music awards. Abc. Cnn san diego. right now. 5:37 pm
Chubby Checker - The Twist www.youtube.com/watch?v=xbK0C9AYMd8
hey Peppy, I love studying the technicals and the psychology behind them, especially when the fundamentals are lining up to support it, which I FINALLY feel is happening. That said, I honestly don’t feel like the sp is going anywhere based on technicals until the Deerfield $3.25 floor/ceiling is removed. Is that Jan 15th? Is it Dec 13th? Is there some other event to cause them to convert between those dates? Is it possible for you to run a chart out to Jan 15th, assuming we’re stuck in this $3.25 range til then, and see where support/resistance and moving avgs are then? Thx cjc, you can just do a weighted average to get an idea of the moving averages. We have 8 weeks to go, so using the weekly moving averages on Peppy's chart and using $3.25 as the average price over the next 8 weeks, I get something like $3.60 for the 100 (resistance), $2.39 for the 50 (support) and $2.74 for the 20 week (support). A lot of people use daily numbers instead of weekly, which would respond a lot faster (so all of those moving averages would move a lot closer to $3.25 over the next 8 weeks).
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Post by peppy on Nov 21, 2017 16:45:15 GMT -5
MNKD nasdaq real time volume, 1,604,413 shares. MNKD nasdaq summary volume, 2,318,752 shares. $3.10. minus .08 minus 2.3% www.nasdaq.com/symbol/mnkd
chop chop.
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Post by celo on Nov 24, 2017 10:35:42 GMT -5
What the hell is going on?!? Script sales are gaining at an amazing trajectory. At the current pace, we will meet quarterly projections. We are doubling net revenue from Q3 and the trend is gaining momentum at terrific pace. Wake up, the train is leaving the station. Come on, it's over. Moving forward and never looking back. Screw the share price, it will figure it our sometime in April. Mike is www.youtube.com/watch?v=w3xcybdis1k
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Post by centralcoastinvestor on Nov 24, 2017 11:02:47 GMT -5
What the hell is going on?!? Script sales are gaining at an amazing trajectory. At the current pace, we will meet quarterly projections. We are doubling net revenue from Q3 and the trend is gaining momentum at terrific pace. Wake up, the train is leaving the station. Come on, it's over. Moving forward and never looking back. Screw the share price, it will figure it our sometime in April. Mike is www.youtube.com/watch?v=w3xcybdis1k At some point, this kind of trajectory will catch the attention of bigger Wall Street players. Then the game will change. The current script growth is not wishful thinking on the part of longs, for the last four weeks it has really happened. How many more weeks of growth will it take for greater Wall Street visibility? I don't know the answer to that. Next week's numbers will be down due to this week's holiday. However, the trend is clear and may be accelerating. Mike C. was very smart to ad TV ads to add fuel to that acceleration.
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Post by mango on Nov 24, 2017 11:19:53 GMT -5
Where there is love there is life with a hope and a dream
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Post by seanismorris on Nov 24, 2017 11:45:30 GMT -5
What the hell is going on?!? Script sales are gaining at an amazing trajectory. At the current pace, we will meet quarterly projections. We are doubling net revenue from Q3 and the trend is gaining momentum at terrific pace. Wake up, the train is leaving the station. Come on, it's over. Moving forward and never looking back. Screw the share price, it will figure it our sometime in April. Mike is www.youtube.com/watch?v=w3xcybdis1k At some point, this kind of trajectory will catch the attention of bigger Wall Street players. Then the game will change. The current script growth is not wishful thinking on the part of longs, for the last four weeks it has really happened. How many more weeks of growth will it take for greater Wall Street visibility? I don't know the answer to that. Next week's numbers will be down due to this week's holiday. However, the trend is clear and may be accelerating. Mike C. was very smart to ad TV ads to add fuel to that acceleration. Buying in the face of dilution isn’t popular, especially when management didn’t spell out what the dilution is for... A slow climb in scripts isn’t going to stop the slow bleed in stock price. We either need a major announcement, or just wait for marketing to have a significant impact. My expections are muted until the end of January/early February, that’s when I expect scripts to really accelerate. In the meantime naval gazing is appropriate. Here’s how it’s done.
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Post by centralcoastinvestor on Nov 24, 2017 12:41:38 GMT -5
At some point, this kind of trajectory will catch the attention of bigger Wall Street players. Then the game will change. The current script growth is not wishful thinking on the part of longs, for the last four weeks it has really happened. How many more weeks of growth will it take for greater Wall Street visibility? I don't know the answer to that. Next week's numbers will be down due to this week's holiday. However, the trend is clear and may be accelerating. Mike C. was very smart to ad TV ads to add fuel to that acceleration. Buying in the face of dilution isn’t popular, especially when management didn’t spell out what the dilution is for... A slow climb in scripts isn’t going to stop the slow bleed in stock price. We either need a major announcement, or just wait for marketing to have a significant impact. My expections are muted until the end of January/early February, that’s when I expect scripts to really accelerate. In the meantime naval gazing is appropriate. Here’s how it’s done. Jeeze, I hope that's what they are gazing at.
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Post by mytakeonit on Nov 24, 2017 12:58:10 GMT -5
This looks like the first time study done after taking an erectile disfunction pill. And, looks like the side effects of the pill was a hairy butt.
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Post by joeypotsandpans on Nov 24, 2017 13:33:47 GMT -5
Ok Peppy, looks like time for a volume for (mispelling intended )
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Post by mytakeonit on Nov 24, 2017 13:40:46 GMT -5
joey ... if I spelled it correctly ... then people would think that I have the problem. Ha!
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