|
Post by pantaloons on Dec 8, 2017 8:39:09 GMT -5
How soon after the vote has conclude will the results be announced? On another note, there was some options activity suggesting the anticipation of a major price move. Is that still the case and what is the consensus on what direction the stock price might take?
|
|
|
Post by promann on Dec 8, 2017 8:52:52 GMT -5
They will say if it passed or not first thing. As far as which way the stock price moves is all up to the big game players. I suspect a head fake. First down then up. But who knows it’s a crap shoot.
|
|
|
Post by sportsrancho on Dec 8, 2017 9:47:00 GMT -5
I would imagine it will be announced at the shareholder meeting on the 13th right after they take the vote.
|
|
|
Post by cjm18 on Dec 8, 2017 11:52:23 GMT -5
Proxy document (on mannkind website) says “preliminary “ results will be announced at the meeting.
|
|
|
Post by dreamboatcruise on Dec 8, 2017 12:41:28 GMT -5
How soon after the vote has conclude will the results be announced? On another note, there was some options activity suggesting the anticipation of a major price move. Is that still the case and what is the consensus on what direction the stock price might take? It seems unlikely that the vote will fail (despite a minority of us voting against it), so I would assume there won't be much of a share price reaction at all. I think it is already baked in... i.e. part of what pushed us down to where we are.
|
|
|
Post by sportsrancho on Dec 8, 2017 14:11:22 GMT -5
|
|
|
Post by porkini on Dec 9, 2017 9:30:18 GMT -5
It's even easier clicking on the link in the email you likely get then copy and paste the code needed and vote online! Don't tell him to do that now ... he's a bus driver who is posting on PB already. Ha! I always thought the background was a gym ... till you said you were a bus driver. Then magically ... reality set in like I've been there before. Not what I thought... Bus driver Cleaner Just kidding Kastanes, no harm meant.
|
|
|
Post by mytakeonit on Dec 9, 2017 14:18:10 GMT -5
porkini - So maybe he wasn't killed and became a bus driver? Ha! Love that movie.
|
|
|
Post by oldfishtowner on Dec 11, 2017 13:26:52 GMT -5
How soon after the vote has conclude will the results be announced? On another note, there was some options activity suggesting the anticipation of a major price move. Is that still the case and what is the consensus on what direction the stock price might take? It seems unlikely that the vote will fail (despite a minority of us voting against it), so I would assume there won't be much of a share price reaction at all. I think it is already baked in... i.e. part of what pushed us down to where we are. My thought is that once the number of authorized shares is increased by 140 million, and the realization sinks in that MNKD has reloaded its source of capital and its cash position is no longer so precarious, the stock price will gravitate back to the 6's. Whether this happens quickly or gradually may depend on script growth and other developments. Assuming that the reported IMS script count from last week of 649 is in the right ball park, Symphony's numbers should soon catch up and 6 may not be that long a wait.
|
|
|
Post by mytakeonit on Dec 11, 2017 13:40:16 GMT -5
The number to watch for is $27 ...
|
|
|
Post by dreamboatcruise on Dec 11, 2017 14:34:41 GMT -5
It seems unlikely that the vote will fail (despite a minority of us voting against it), so I would assume there won't be much of a share price reaction at all. I think it is already baked in... i.e. part of what pushed us down to where we are. My thought is that once the number of authorized shares is increased by 140 million, and the realization sinks in that MNKD has reloaded its source of capital and its cash position is no longer so precarious, the stock price will gravitate back to the 6's. Whether this happens quickly or gradually may depend on script growth and other developments. Assuming that the reported IMS script count from last week of 649 is in the right ball park, Symphony's numbers should soon catch up and 6 may not be that long a wait. I've spent a career as a tech entrepreneur and lived through periods such as the dotcom crash. I myself have been in precarious positions financially and I've personally known people whose companies went bankrupt. In my experience NO ONE ever points to unissued authorized shares as something that indicates financial stability or is somehow the same as cash position. Perhaps there are lots of investors such as yourself that view this as great news and removing some source of uncertainty. For others, it seems to have increased the uncertainty due to the magnitude of potential dilution which while not guaranteed will happen is now hanging in the air.
|
|
|
Post by mytakeonit on Dec 11, 2017 14:38:27 GMT -5
Hmmm ... now increasing the authorized shares by 140M before being put back on the NASDAQ ... Let me think about that for a while ...
|
|
|
Post by alethea on Dec 11, 2017 15:59:07 GMT -5
My thought is that once the number of authorized shares is increased by 140 million, and the realization sinks in that MNKD has reloaded its source of capital and its cash position is no longer so precarious, the stock price will gravitate back to the 6's. Whether this happens quickly or gradually may depend on script growth and other developments. Assuming that the reported IMS script count from last week of 649 is in the right ball park, Symphony's numbers should soon catch up and 6 may not be that long a wait. I've spent a career as a tech entrepreneur and lived through periods such as the dotcom crash. I myself have been in precarious positions financially and I've personally known people whose companies went bankrupt. In my experience NO ONE ever points to unissued authorized shares as something that indicates financial stability or is somehow the same as cash position. Perhaps there are lots of investors such as yourself that view this as great news and removing some source of uncertainty. For others, it seems to have increased the uncertainty due to the magnitude of potential dilution which while not guaranteed will happen is now hanging in the air. What are we up to now? 50, 60, 70 posts from you railing on and on and on about how bad the increased share issuance will be? Will you ever stop? We get it already. To everyone else on the Board, this endless stream of FUD reeks of a strong desire to inhibit folks on this Board from believing in the stock. I say DON'T TAKE IT SERIOUSLY. Also, with the coming Vote we are going to see fierce, fake downward pressure on the PPS designed to free longs from their shares. DON'T FALL FOR IT. Today the PPS should be up with the news relative to the Biotech index. It's not. I wonder why? I won't be surprised to see Wall Street Crooks take it down to nearly $2.50 to scare the living hell out of people and steal their shares. The YES vote will be a GREAT thing for MNKD. Hold tight despite the continued FUD and manipulation that is going to be launched and heaped on MNKD longs.
|
|
|
Post by kite on Dec 11, 2017 16:10:46 GMT -5
I've spent a career as a tech entrepreneur and lived through periods such as the dotcom crash. I myself have been in precarious positions financially and I've personally known people whose companies went bankrupt. In my experience NO ONE ever points to unissued authorized shares as something that indicates financial stability or is somehow the same as cash position. Perhaps there are lots of investors such as yourself that view this as great news and removing some source of uncertainty. For others, it seems to have increased the uncertainty due to the magnitude of potential dilution which while not guaranteed will happen is now hanging in the air. What are we up to now? 50, 60, 70 posts from you railing on and on and on about how bad the increased share issuance will be? Will you ever stop? We get it already. To everyone else on the Board, this endless stream of FUD reeks of a strong desire to inhibit folks on this Board from believing in the stock. I say DON'T TAKE IT SERIOUSLY. Also, with the coming Vote we are going to see fierce, fake downward pressure on the PPS designed to free longs from their shares. DON'T FALL FOR IT. Today the PPS should be up with the news relative to the Biotech index. It's not. I wonder why? I won't be surprised to see Wall Street Crooks take it down to nearly $2.50 to scare the living hell out of people and steal their shares. The YES vote will be a GREAT thing for MNKD. Hold tight despite the continued FUD and manipulation that is going to be launched and heaped on MNKD longs. I agree. Everyone needs to hold their ground.
|
|
|
Post by dreamboatcruise on Dec 11, 2017 16:14:32 GMT -5
What are we up to now? 50, 60, 70 posts from you railing on and on and on about how bad the increased share issuance will be? Will you ever stop? We get it already. To everyone else on the Board, this endless stream of FUD reeks of a strong desire to inhibit folks on this Board from believing in the stock. I say DON'T TAKE IT SERIOUSLY. Also, with the coming Vote we are going to see fierce, fake downward pressure on the PPS designed to free longs from their shares. DON'T FALL FOR IT. Today the PPS should be up with the news relative to the Biotech index. It's not. I wonder why?I won't be surprised to see Wall Street Crooks take it down to nearly $2.50 to scare the living hell out of people and steal their shares. The YES vote will be a GREAT thing for MNKD. Hold tight despite the continued FUD and manipulation that is going to be launched and heaped on MNKD longs. It is rather interesting that what you say above that I've bolded is basically summing up two things I have posted today. It seems we both believe that shorts will use the authorization as a way of bashing... and as I posted over on the thread about the index relisting, I believe that should have positive effect on share price due to need for ETFs to buy. I do get that you judge the same thing coming from me entirely differently because you are judging it from an emotional rather than objective perspective. BTW, you can block me and then you will not see any of my posts, and of course I would post less if people don't directly address comments to me as you often do. I respect your right to think of the extra shares as amazingly positive. I reserve the right to respectfully view it (the magnitude of shares) differently. For what it's worth I recently lodged my guess here that we'll stay above $3, so you seem to be a little more pessimistic than I on potential for short term share price movement. I'll avoid acting like you are doing something evil for stating that view.
|
|