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Post by peppy on Oct 7, 2017 18:00:08 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 this thing is going to pop more now with fast money. giddy-up. fire that's why I thought I better that mytakeonit seriously.
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Post by Actual Investor on Oct 7, 2017 19:27:56 GMT -5
Sports, this is not in any way directed at your comment. I think you understand my point.
If you have neither bought nor sold any shares since the reverse split, you now own exactly the same percentage of the company as you did before. The reason your dollar value in the stock you own has dropped is because the market cap of the company has dropped. You still own the same percentage but of a lesser total market value. Whining about total value of you investment or the HORRORS of dilution given that the company now has an excellent chance of succeeding seems pointless at best or a subtle form of bashing at the worst. De-listing, bankruptcy, fire sale buyout, negative label change, no stock price increase in the last 5 days, decreasing prescription counts, etc. etc. etc... would all negatively Impact the dollar value of your total investment but, you would still own the same percentage of the company.
I personally have used call options to increase my percentage of the stock that I can own or do own by a factor of approximately 6x. With the increase in the value of my percentage of the company in the past week, I could endure a substantial dilution without any concern on my part. The survival and ultimate prospering of Mannkind is more important to me than any lowering of my share of the total company.
I agree with Sports, "call back your shorted shares". Afrezza is to important not to sacrifice some short term money in order to help insure its success. That's just my opinion but, I'm defending it with $$$.
Here's hoping everyone has a pleasant holiday Monday and returns to the fray well rested and invigorated. I think the next several weeks are going to provide prime time entertainment.
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Post by sportsrancho on Oct 7, 2017 20:22:00 GMT -5
Exactly, I had my friend say to me today, “I can’t wait for a forward split so I can get my shares back”.
I can’t seem to explain it very well. You did a great job.
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Post by boca1girl on Oct 7, 2017 21:50:35 GMT -5
A forward split is no different than a reverse split except emotionally. You still own the same percentage of the company. Dilution will affect your percentage, but maybe a necessary evil for the company to survive. Let’s just focus on the positive developmentlopments and the potential that MNKD holds for us (investors) and all of mankind.
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Post by straightly on Oct 7, 2017 23:49:00 GMT -5
A forward split is no different than a reverse split except emotionally. You still own the same percentage of the company. Dilution will affect your percentage, but maybe a necessary evil for the company to survive. Let’s just focus on the positive developmentlopments and the potential that MNKD holds for us (investors) and all of mankind. It seemed that there is a consensus that if MNKD sell shares to get $50M from ATM, we will be OK with the dilution now we at at $5. Some have suggested that we might have already done that. We will see. |
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Post by patten1962 on Oct 8, 2017 6:36:14 GMT -5
Sports, this is not in any way directed at your comment. I think you understand my point. If you have neither bought nor sold any shares since the reverse split, you now own exactly the same percentage of the company as you did before. The reason your dollar value in the stock you own has dropped is because the market cap of the company has dropped. You still own the same percentage but of a lesser total market value. Whining about total value of you investment or the HORRORS of dilution given that the company now has an excellent chance of succeeding seems pointless at best or a subtle form of bashing at the worst. De-listing, bankruptcy, fire sale buyout, negative label change, no stock price increase in the last 5 days, decreasing prescription counts, etc. etc. etc... would all negatively Impact the dollar value of your total investment but, you would still own the same percentage of the company. I personally have used call options to increase my percentage of the stock that I can own or do own by a factor of approximately 6x. With the increase in the value of my percentage of the company in the past week, I could endure a substantial dilution without any concern on my part. The survival and ultimate prospering of Mannkind is more important to me than any lowering of my share of the total company. I agree with Sports, "call back your shorted shares". Afrezza is to important not to sacrifice some short term money in order to help insure its success. That's just my opinion but, I'm defending it with $$$. Here's hoping everyone has a pleasant holiday Monday and returns to the fray well rested and invigorated. I think the next several weeks are going to provide prime time entertainment. I did the same. Own Nov, Jan 2018, May and Jan 2019 calls. I am happy. |
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Post by mnholdem on Oct 8, 2017 7:02:27 GMT -5
A forward split is no different than a reverse split except emotionally. You still own the same percentage of the company. Dilution will affect your percentage, but maybe a necessary evil for the company to survive. Let’s just focus on the positive developmentlopments and the potential that MNKD holds for us (investors) and all of mankind. One difference created by stock splits is the number of outstanding shares. Right now, I think there is a scarcity of available shares and I'd like MannKind to keep it that way, although there isn't much a shareholder can do to prevent investment banks from loaning your shares if you have a margin account. Most have it written into the Terms & Conditions. I don't have margin accounts so they cannot borrow my shares without my permission.  |
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Post by patten1962 on Oct 8, 2017 16:31:56 GMT -5
A forward split is no different than a reverse split except emotionally. You still own the same percentage of the company. Dilution will affect your percentage, but maybe a necessary evil for the company to survive. Let’s just focus on the positive developmentlopments and the potential that MNKD holds for us (investors) and all of mankind. One difference created by stock splits is the number of outstanding shares. Right now, I think there is a scarcity of available shares and I'd like MannKind to keep it that way, although there isn't much a shareholder can do to prevent investment banks from loaning your shares if you have a margin account. Most have it written into the Terms & Conditions. I don't have margin accounts so they cannot borrow my shares without my permission. RS WAS/IS a blessing in disguise! |
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Post by casualinvestor on Oct 8, 2017 16:46:13 GMT -5
A forward split is no different than a reverse split except emotionally. You still own the same percentage of the company. Dilution will affect your percentage, but maybe a necessary evil for the company to survive. Let’s just focus on the positive developmentlopments and the potential that MNKD holds for us (investors) and all of mankind. It seemed that there is a consensus that if MNKD sell shares to get $50M from ATM, we will be OK with the dilution now we at at $5. Some have suggested that we might have already done that. We will see. I'm thinking that the sharp drops on Friday were a result of the ATM being tapped. Stock rising (quickly) due low supply of shares, a million or two new shares show up on the market and price drops hard. Possibly because they didn't spread out the selling over a long time period |
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Post by myocat on Nov 2, 2017 8:47:10 GMT -5
Wow
I thought when I came back from the South Pacific vacation, MNKD would be up to $8. Instead, a good pull back for an entry again.
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