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Post by alethea on Dec 20, 2017 12:23:00 GMT -5
Slow bleed this time of year is folks harvesting losses and gains. I suspect that 1/2/2018 we see upwards momentum. No, no it isn't, not at all. All of us retail holders put together could not accomplish this hideously powerful plunge even if we colluded. Only Wall Street can do this - on Good news yet. This is blatant, manipulative violent price dropping to scare Longs out of their shares. The next BIG event is January 18 or so when we find out whether or not Deerfield buys 4 million shares a price of $3.25 per share.
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Post by kc on Dec 20, 2017 12:35:57 GMT -5
True..... He could also be David Kliff
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Post by dreamboatcruise on Dec 20, 2017 15:44:00 GMT -5
Slow bleed this time of year is folks harvesting losses and gains. I suspect that 1/2/2018 we see upwards momentum. No, no it isn't, not at all. All of us retail holders put together could not accomplish this hideously powerful plunge even if we colluded. Only Wall Street can do this - on Good news yet. This is blatant, manipulative violent price dropping to scare Longs out of their shares. The next BIG event is January 18 or so when we find out whether or not Deerfield buys 4 million shares a price of $3.25 per share. Seems unlikely we get back up to $3.25. I suspect MNKD will want to conserve cash and thus will offer Deerfield a new deal similar to how they handled it last time... i.e. a discount to where shares are then trading, allowing Deerfield to short and lock in the discount as profit if they choose. Only question is how low of a share price does that get done at. Isn't going to look nice, but then shelling out cash would look bad as well. Of course best case is simply a delay in repayment. Perhaps there is some combination of cash and delay.
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Post by thekindaguyiyam on Dec 20, 2017 16:05:09 GMT -5
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