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Post by factspls88 on Oct 7, 2017 6:59:24 GMT -5
Much to my dear wife's chagrin, I stupidly doubled my position in the $1s and $2... and today she, thankfully, has agreed to let me back in the house. Been a LONG year! Thanks MNKD? Welcome home Captain 😉 |
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Post by akemp3000 on Oct 7, 2017 7:42:24 GMT -5
The reverse split was obviously the correct and necessary strategy at the time to retain the NASDAQ listing. Turns out Mike's decision to go 5:1 was correct also. No shareholder lost money with the reverse split but some apparently don't understand this. In hindsight, the reverse split was an important move that enabled us to enjoy this past week where we have finally begun to rebuild the market cap.
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Post by myocat on Oct 7, 2017 9:05:41 GMT -5
For those who near break even at $5 or already break even. The today $5.00 pps is $1.00 pre-split. Can you imagine it could have been $25 pre-split and multiply your positions. , enough with the pre-split/post-split references. You are catastrophically wrong here and it demonstrates you either have no concept of what happens when a stock splits, reverse or forward, or you are intentionally obfuscating. No, MNKD could not have had a MC of $12.5 billion pre-split. I am using "pre-split" here only in the sense of designating a point in time and in no way implying a pre-split or post-split count of shares would change the MC. The MC is what it is. You can choose not to read it my post. I am a long before Afrezza was approved and I averaged down along the way. I keep an metal math of the pre- and post split to see where I am at. I am glad that I already broke even post split at below $5 which is $1 pre-split. If it were $5 pre-split, I could buy you a trip around the world many times over. |
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Post by celo on Oct 7, 2017 9:14:20 GMT -5
The day we reverse split was one of the darkest day for MNKD. Today, it is brighter. A good day. Can you make an argument that in a strange way to reverse split was good? What I mean by this is the float is smaller And this will help drive the stock price. Is this statement correct? The rise back could be 5 times faster than the fall. Are we seeing that right now? |
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Post by falconquest on Oct 7, 2017 9:54:34 GMT -5
You guys are making me dizzy talking this split vs pre-split jargon. We need to live and talk in the present period so we are always on the same page. Hard to drink my wine when I feel so dizzy already. LOL I guess it all depends on when you originally invested in Mannkind. If you purchased shares at $5.00, $6.00 or more per share pre-split then a $1.00 share price increase now is worth $0.20 per share. If you were fortunate enough to purchase after the split and ride it up then the recent rise is more significant for you. Think about the fact that some investors must see a share price of $25 - $45 to break even. That one dollar increase is nice but hardly a blip in your portfolio value. Some here seem to ignore reality and only wish to hear positive comments. Many still have a long way to go and that's reality. |
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Post by figglebird on Oct 7, 2017 11:51:12 GMT -5
Please - any long term investor has every right to take into account pre and post split formulAtions - it's not different in theory then private round investing except retail must take the brunt in this case - wheras deerfield gets the glory.
Reality is many of us took a losses along the way due to our belief in the product - for most of us our belief has not waivered - for those who could avg down we are lucky or stupid right now lucky butI have viewed 1 pre split and 5 post split as buying opportunities and will continue buying at those levels - my Share count pre split was as high as 212k post split it's 29k and hopefully growing - I had to take gains nearly three years ago and losses this year - the losses are heavier now but I will always keep a core - 3.37 post split or .63 cents pre split is my cost avg - my long term target mkt cap revolves around two factors - technosphere application sucssess vs just afrezza - the former has a mkt cap target between 100 and 500b within a decade
The latter 3b - 30b
Either way this is an interesting time
We still need at least 40-50m in funding yet there is anywhere from 25m to 50m shares Short
How that gets worked out will determine any potential near term artificial highs
Otherwise long and strong
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Post by figglebird on Oct 7, 2017 11:54:25 GMT -5
Meaning 25- 50m naked short along with those borrowed legit
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Post by letitride on Oct 7, 2017 12:27:12 GMT -5
You guys are making me dizzy talking this split vs pre-split jargon. We need to live and talk in the present period so we are always on the same page. Hard to drink my wine when I feel so dizzy already. LOL I guess it all depends on when you originally invested in Mannkind. If you purchased shares at $5.00, $6.00 or more per share pre-split then a $1.00 share price increase now is worth $0.20 per share. If you were fortunate enough to purchase after the split and ride it up then the recent rise is more significant for you. Think about the fact that some investors must see a share price of $25 - $45 to break even. That one dollar increase is nice but hardly a blip in your portfolio value. Some here seem to ignore reality and only wish to hear positive comments. Many still have a long way to go and that's reality. This may well be true I don't even know where I stand at this point but the bottom line here is Its moving up hard and fast and its a hell of a lot more fun than the long road down. Can I get a ALLALLUHUA! |
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Post by ilovekauai on Oct 7, 2017 13:11:56 GMT -5
Shorts are still very present in MNKD, and has to be over 30M at least. This war is far from over as evidenced by the the hit pieces that came out in rapid succession yesterday, all doom and gloom. It was an orchestrated, organized attack on MNKD to try and nose-dive the SP back down, and it succeeded somewhat for part of the trading day yesterday. IMO, the Shorts & BP aren't going anywhere, but will in fact double down. BP knows they have to kill Afrezza in its infancy before traction is gained. BP suffered their worst defeat last Monday since FDA approval and that defeat, their "Stalingrad moment," knocked them down hard since their high water mark of Jan. 6, 2015, when Sanofi dumped us. No one can tell me that wasn't a planned "death execution" by BP that failed. And, BP is going to come at us hard in the coming months. They have everything to lose if Afrezza catches on, and will do everything they can to defeat us. They are a powerful and formidable enemy regardless of what happened last Monday. Do not underestimate BP! However, all that being said they find themselves on the run now and I think we win in the end.
So this war we find ourselves continues. Yes, I still mourn to this day my many, many, lost shares from the r/s, but have calmed down and view my share loss philosophically as a casualty of war, necessary to win the final battle against BP. I come out a winner in the end with my remaining shares, as will the millions of diabetics worldwide when Afrezza rules, becomes the standard of care for diabetes, and founder Al Mann's vision and prescience are enshrined forever in what he has done for all of us. This will come to pass, we got this, and you can take that to the bank! Aloha.
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Post by mytakeonit on Oct 7, 2017 13:13:39 GMT -5
You guys are making me dizzy talking this split vs pre-split jargon. We need to live and talk in the present period so we are always on the same page. Hard to drink my wine when I feel so dizzy already. LOL I guess it all depends on when you originally invested in Mannkind. If you purchased shares at $5.00, $6.00 or more per share pre-split then a $1.00 share price increase now is worth $0.20 per share. If you were fortunate enough to purchase after the split and ride it up then the recent rise is more significant for you. Think about the fact that some investors must see a share price of $25 - $45 to break even. That one dollar increase is nice but hardly a blip in your portfolio value. Some here seem to ignore reality and only wish to hear positive comments. Many still have a long way to go and that's reality. I invested in MNKD pre-split. I just know that my brokerage account shows me what my current cost is, if I'm up or down, and my total current value. If we just talk in current period and are all on the same page ... it'll be easier to understand. |
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Post by celo on Oct 7, 2017 13:49:54 GMT -5
Shorts are still very present in MNKD, and has to be over 30M at least. This war is far from over as evidenced by the the hit pieces that came out in rapid succession yesterday, all doom and gloom. It was an orchestrated, organized attack on MNKD to try and nose-dive the SP back down, and it succeeded somewhat for part of the trading day yesterday. IMO, the Shorts & BP aren't going anywhere, but will in fact double down. BP knows they have to kill Afrezza in its infancy before traction is gained. BP suffered their worst defeat last Monday since FDA approval and that defeat, their "Stalingrad moment," knocked them down hard since their high water mark of Jan. 6, 2015, when Sanofi dumped us. No one can tell me that wasn't a planned "death execution" by BP that failed. And, BP is going to come at us hard in the coming months. They have everything to lose if Afrezza catches on, and will do everything they can to defeat us. They are a powerful and formidable enemy regardless of what happened last Monday. Do not underestimate BP! However, all that being said they find themselves on the run now and I think we win in the end. So this war we find ourselves continues. Yes, I still mourn to this day my many, many, lost shares from the r/s, but have calmed down and view my share loss philosophically as a casualty of war, necessary to win the final battle against BP. I come out a winner in the end with my remaining shares, as will the millions of diabetics worldwide when Afrezza rules, becomes the standard of care for diabetes, and founder Al Mann's vision and prescience are enshrined forever in what he has done for all of us. This will come to pass, we got this, and you can take that to the bank! Aloha. You know I really didn't believe that a Seeking Alpha Article would have any effect or that the author is shorting or trading the stock that is writing the articles. Except, yesterday, the share price was at 5.35 at 12:05 when the article came out. The share price then began descending, never reaching 5.35 again and even crashed out at 4.48, 90 minutes later. Was it an effort to create selling panic? I don't know. But, interesting. |
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Post by peppy on Oct 7, 2017 13:57:29 GMT -5
Shorts are still very present in MNKD, and has to be over 30M at least. This war is far from over as evidenced by the the hit pieces that came out in rapid succession yesterday, all doom and gloom. It was an orchestrated, organized attack on MNKD to try and nose-dive the SP back down, and it succeeded somewhat for part of the trading day yesterday. IMO, the Shorts & BP aren't going anywhere, but will in fact double down. BP knows they have to kill Afrezza in its infancy before traction is gained. BP suffered their worst defeat last Monday since FDA approval and that defeat, their "Stalingrad moment," knocked them down hard since their high water mark of Jan. 6, 2015, when Sanofi dumped us. No one can tell me that wasn't a planned "death execution" by BP that failed. And, BP is going to come at us hard in the coming months. They have everything to lose if Afrezza catches on, and will do everything they can to defeat us. They are a powerful and formidable enemy regardless of what happened last Monday. Do not underestimate BP! However, all that being said they find themselves on the run now and I think we win in the end. So this war we find ourselves continues. Yes, I still mourn to this day my many, many, lost shares from the r/s, but have calmed down and view my share loss philosophically as a casualty of war, necessary to win the final battle against BP. I come out a winner in the end with my remaining shares, as will the millions of diabetics worldwide when Afrezza rules, becomes the standard of care for diabetes, and founder Al Mann's vision and prescience are enshrined forever in what he has done for all of us. This will come to pass, we got this, and you can take that to the bank! Aloha. You know I really didn't believe that a Seeking Alpha Article would have any effect or that the author is shorting or trading the stock that is writing the articles. Except, yesterday, the share price was at 5.35 at 12:05 when the article came out. The share price then began descending, never reaching 5.35 again and even crashed out at 4.48, 90 minutes later. Was it an effort to create selling panic? I don't know. But, interesting. this makes no sense at all. during that $4.95 to $5.20 yesterday, images of fake short shares being fed through shredding machines in goldman sacs basement kept appearing in my head.
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Post by celo on Oct 7, 2017 14:23:01 GMT -5
You know I really didn't believe that a Seeking Alpha Article would have any effect or that the author is shorting or trading the stock that is writing the articles. Except, yesterday, the share price was at 5.35 at 12:05 when the article came out. The share price then began descending, never reaching 5.35 again and even crashed out at 4.48, 90 minutes later. Was it an effort to create selling panic? I don't know. But, interesting. this makes no sense at all. during that $4.95 to $5.20 yesterday, images of fake short shares being fed through shredding machines in goldman sacs basement kept appearing in my head.
I agree peppy. I'm just looking at what happened to the stock after the article came out. It was interesting. |
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Post by compound26 on Oct 7, 2017 14:42:59 GMT -5
I guess it all depends on when you originally invested in Mannkind. If you purchased shares at $5.00, $6.00 or more per share pre-split then a $1.00 share price increase now is worth $0.20 per share. If you were fortunate enough to purchase after the split and ride it up then the recent rise is more significant for you. Think about the fact that some investors must see a share price of $25 - $45 to break even. That one dollar increase is nice but hardly a blip in your portfolio value. Some here seem to ignore reality and only wish to hear positive comments. Many still have a long way to go and that's reality. I invested in MNKD pre-split. I just know that my brokerage account shows me what my current cost is, if I'm up or down, and my total current value. If we just talk in current period and are all on the same page ... it'll be easier to understand. I think it also depends on whether you averaged down or not, like Nate has been recommending for a while. I originally purchased at $5-6 pre-split (which translates into $25-30 post-split). Averaging-down over time has lowered by cost basis to about $4 post-split. |
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Post by sportsrancho on Oct 7, 2017 17:51:45 GMT -5
I had someone say to me that they bailed at $3 pre split. And that they will buy back in when we get back to that market cap. I can’t even fathom that! But to each their own.
Now is the time to buy...to call back your lent shares!! Crawl out from under your rock and open one eye:-)). IMO
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