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Post by jonny80s on Feb 9, 2018 22:05:52 GMT -5
One more month till funding is announced... my guess. 140mil at $2 is my bet. 6-8 quarters of funding. It would be nice to see 140mil at $6.... that would give mnkd 3 years with a decent ad campaign.
I have no idea how they would pull another run to $7-8 out of the hat especially with scripts falling off for the last 5 weeks.
Maybe the Mann Group will forgive the debt... that would make the needle jump.
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Post by mytakeonit on Feb 10, 2018 0:22:50 GMT -5
Stay calm ... just keep buying shares at this level to minimize the float. Then before you know it ... the shorts will be stuck in that wedgie !!!
Is that how it goes peppy?
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Post by seanismorris on Feb 10, 2018 0:26:57 GMT -5
Stay calm ... just keep buying shares at this level to minimize the float. Then before you know it ... the shorts will be stuck in that wedgie !!! Is that how it goes peppy? No thanks. I keep making projections, and MannKind keeps blowing them away to the downside...
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Post by mytakeonit on Feb 10, 2018 5:10:07 GMT -5
Up to you Boo Boo ... but, this is the bottom and we are going to take off SOON!!! Let's see where we are at the end of March.
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Post by oldfishtowner on Feb 10, 2018 13:26:33 GMT -5
One more month till funding is announced... my guess. 140mil at $2 is my bet. 6-8 quarters of funding. It would be nice to see 140mil at $6.... that would give mnkd 3 years with a decent ad campaign. I have no idea how they would pull another run to $7-8 out of the hat especially with scripts falling off for the last 5 weeks. Maybe the Mann Group will forgive the debt... that would make the needle jump. First, I am not sure that MNKD even has 140 million shares available after the Deerfield conversions and the last equity raise. Second, a company always has to have a decent amount of stock available to use for varios purposes besides raising cash and Mike will not want to be going back to stockholders to raise the number of authorized shares again so soon. Mike's perspective is that he will be successful in increasing the script growth rate this year and expects the stock price to appreciate in response. So I don't see him finding more that 2 or 3 quarters in a March equity funding, and waiting to fund later periods when the share price will be higher. Frankly, if the pps is still at 2.50 in September, even is the overall market is lower, I'm not even another year of funding will help. But I don't expect that to be the case.
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Post by dreamboatcruise on Feb 10, 2018 14:29:49 GMT -5
One more month till funding is announced... my guess. 140mil at $2 is my bet. 6-8 quarters of funding. It would be nice to see 140mil at $6.... that would give mnkd 3 years with a decent ad campaign. I have no idea how they would pull another run to $7-8 out of the hat especially with scripts falling off for the last 5 weeks. Maybe the Mann Group will forgive the debt... that would make the needle jump. Matt has stated here that there is a limit of 20% of float every six months without a specific shareholder vote. So nothing close to 140mil shares can be done.
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Post by peppy on Feb 12, 2018 9:55:16 GMT -5
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Post by celo on Feb 12, 2018 9:58:40 GMT -5
Seems to have broken through a point of resistance of 2.75. Where it ends up today could get interesting. A lot of people must of figured out over the weekend the quality of player Dave is in the diabetes space.
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Post by celo on Feb 12, 2018 10:03:36 GMT -5
Cant seem to get through 2.75, yet. But it's trying hard
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Post by celo on Feb 12, 2018 10:05:48 GMT -5
Can't quite get through 2.75. It's trying hard, and when it does....
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Post by peppy on Feb 12, 2018 10:13:44 GMT -5
Can't quite get through 2.75. It's trying hard, and when it does.... price going through the moving averages triggering some computer buying? I do not think the overall market will hold today. Or it is acting like it could be sold. it will be of interest to see what MNKD does.
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Post by peppy on Feb 12, 2018 10:28:29 GMT -5
celo, here we go, margin calls on the overall market helping MNKD shareholders here? covering?
1,018,143 shares in 59 mins.
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Post by jonny80s on Feb 12, 2018 10:43:27 GMT -5
As a company you cannot continue to search/struggle with funding every 3-6 months. It is a giant waste of resources and the stock will continue to languish because of it.
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Post by peppy on Feb 12, 2018 10:48:23 GMT -5
As a company you cannot continue to search/struggle with funding every 3-6 months. It is a giant waste of resources and the stock will continue to languish because of it. something is happening here, what it is isn't exactly clear, there is a man with a gun over there, telling me, I have got to beware.....
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Post by jonny80s on Feb 12, 2018 10:55:40 GMT -5
Don't get me wrong... I've been long for many years, but if we go back to $6-7 I will get out and get back in at $1 after funding/dilution is announced.
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