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Post by brotherm1 on Jul 9, 2018 10:40:53 GMT -5
necessity
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Post by awesomo on Jul 9, 2018 12:31:21 GMT -5
HC Wainwright is failing us.
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Post by peppy on Jul 9, 2018 15:23:10 GMT -5
well that was chitty.
MNKD Nasdaq real time volume, 1,206,259 shares.
MNKD Nasdaq summary volume, 1,767,188 shares.
MNKD $1.74 -0.06. -3.33%
If I type anything more it will be a snide comment.
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Post by mytakeonit on Jul 9, 2018 16:27:43 GMT -5
Oooh ... Oooh ... Snide ... another 5 letter word.
Shorts have to work harder if they want me to buy more shares. E*Trade already told me I can buy all the shares I want and I don't need cash.
HUH?
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Post by straightly on Jul 9, 2018 16:28:03 GMT -5
I’m thinking a big buyer is going to soon jump in and quickly change the scenery. Sounds great, but I'm curious what's your basis for thinking that? Why not? This dream is as real as any others. |
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Post by mnkdfann on Jul 9, 2018 18:00:13 GMT -5
I just saw a good comment by Matt_pk at SA:
"PIPE offerings usually go to market after the market close on Monday, the issue gets priced on Tuesday, and the transaction is announced on Wednesday or Thursday. Tuesday is usually the earliest an investor can get locked into a binding commitment to purchase, but it also creates a bona fide financial exposure that the investor can legally hedge by selling short and covering with new shares when the issue closes. If volume increases substantially tomorrow, that is a good hint that the financing has happened even if the public announcement has not yet been made."
So let's see if we have big volume tomorrow.
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Post by awesomo on Jul 9, 2018 18:12:13 GMT -5
A PIPE here would be awful, but yeah, it's about that time.
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Post by sportsrancho on Jul 9, 2018 18:27:03 GMT -5
I just saw a good comment by Matt_pk at SA: "PIPE offerings usually go to market after the market close on Monday, the issue gets priced on Tuesday, and the transaction is announced on Wednesday or Thursday. Tuesday is usually the earliest an investor can get locked into a binding commitment to purchase, but it also creates a bona fide financial exposure that the investor can legally hedge by selling short and covering with new shares when the issue closes. If volume increases substantially tomorrow, that is a good hint that the financing has happened even if the public announcement has not yet been made." So let's see if we have big volume tomorrow. Yes I saw it also. Sounds reasonably likely to me. Everyone get your dry powder ready:-) in the next couple weeks maybe Peppy can call the bottom. Scripts won’t be too hot on Friday either so basically I’m looking forward to August..just gotta ride this out. |
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Post by minnlearner on Jul 9, 2018 19:20:05 GMT -5
I just saw a good comment by Matt_pk at SA: "PIPE offerings usually go to market after the market close on Monday, the issue gets priced on Tuesday, and the transaction is announced on Wednesday or Thursday. Tuesday is usually the earliest an investor can get locked into a binding commitment to purchase, but it also creates a bona fide financial exposure that the investor can legally hedge by selling short and covering with new shares when the issue closes. If volume increases substantially tomorrow, that is a good hint that the financing has happened even if the public announcement has not yet been made." So let's see if we have big volume tomorrow. Yes I saw it also. Sounds reasonably likely to me. Everyone get your dry powder ready:-) in the next couple weeks maybe Peppy can call the bottom. Scripts won’t be too hot on Friday either so basically I’m looking forward to August..just gotta ride this out. I agree, maybe Peppy can predict and I would like to see what everyone thinks will be the lowest it will go through Aug. Maybe the knowledge of the crowd will help us. Who can predict/guess? |
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Post by awesomo on Jul 9, 2018 19:46:05 GMT -5
If we PIPE at these levels, the share price will get hit a good 20%+ instantly, so that takes us down to roughly $1.40. After that, there isn't really a catalyst unless scripts pick up dramatically, so we would have another 1+ months of drifting downwards pressure.
All in all, I would predict a bottom of $1.25.
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Post by winstonsmith on Jul 9, 2018 20:32:38 GMT -5
Get your dry powder ready? What a joke. Chasing bad money with good year after year.
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Post by goyocafe on Jul 9, 2018 20:43:11 GMT -5
I just saw a good comment by Matt_pk at SA: "PIPE offerings usually go to market after the market close on Monday, the issue gets priced on Tuesday, and the transaction is announced on Wednesday or Thursday. Tuesday is usually the earliest an investor can get locked into a binding commitment to purchase, but it also creates a bona fide financial exposure that the investor can legally hedge by selling short and covering with new shares when the issue closes. If volume increases substantially tomorrow, that is a good hint that the financing has happened even if the public announcement has not yet been made." So let's see if we have big volume tomorrow. Yes I saw it also. Sounds reasonably likely to me. Everyone get your dry powder ready:-) in the next couple weeks maybe Peppy can call the bottom. Scripts won’t be too hot on Friday either so basically I’m looking forward to August..just gotta ride this out. Seems like a bad dream to me. After all the momentum building, e.g. ADA/STAT, key personnel joining upper management, India, Brazil progress, you’d think some entity would find it beneficial to step up in a different capacity than raping the market cap once again. I hope we’re all wrong about another PIPE, and whatever the source surprises us all. But hope is all I got. |
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Post by gareaudan on Jul 9, 2018 20:49:23 GMT -5
Yes I saw it also. Sounds reasonably likely to me. Everyone get your dry powder ready:-) in the next couple weeks maybe Peppy can call the bottom. Scripts won’t be too hot on Friday either so basically I’m looking forward to August..just gotta ride this out. I agree, maybe Peppy can predict and I would like to see what everyone thinks will be the lowest it will go through Aug. Maybe the knowledge of the crowd will help us. Who can predict/guess? Nice, so now we try to guess how low can it goes. Can it go to the all time low? We are SO close so why not. I hope, so its gonna be another of those buying opportunity.. Again... For the 2466 Times in the last 3 years. Oh! I forgot, dont have anymore money. Darn it! Well, Ill Wait, still think this can be a multibillon company, just tired of waiting. |
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Post by mannmade on Jul 9, 2018 22:13:10 GMT -5
Yes I saw it also. Sounds reasonably likely to me. Everyone get your dry powder ready:-) in the next couple weeks maybe Peppy can call the bottom. Scripts won’t be too hot on Friday either so basically I’m looking forward to August..just gotta ride this out. Seems like a bad dream to me. After all the momentum building, e.g. ADA/STAT, key personnel joining upper management, India, Brazil progress, you’d think some entity would find it beneficial to step up in a different capacity than raping the market cap once again. I hope we’re all wrong about another PIPE, and whatever the source surprises us all. But hope is all I got. Dont forget trepT and that other 1 or 2 term sheets that have been mentioned by managment... Also whatever happened to better insurance coverage? |
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Post by goyocafe on Jul 9, 2018 22:29:20 GMT -5
Seems like a bad dream to me. After all the momentum building, e.g. ADA/STAT, key personnel joining upper management, India, Brazil progress, you’d think some entity would find it beneficial to step up in a different capacity than raping the market cap once again. I hope we’re all wrong about another PIPE, and whatever the source surprises us all. But hope is all I got. Dont forget trepT and that other 1 or 2 term sheets that have been mentioned by managment... Also whatever happened to better insurance coverage? Yep... |
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