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Post by Deleted on Aug 3, 2018 13:45:06 GMT -5
It's textbook, note the section regarding the coordinated hit pieces, bashing, etc. = typical bear raid, they absolutely pray/need dilution. This is an easy strategic play for a fund that has the capital to make a quick fortune. I know this sounds counter-intuitive right now but the pressure is really on the short side if no dilution comes to pass, that and trying to force a BK are the only options and if you think with current volumes/days to cover ratio are not indicative of what's needed on the short thesis part you should relinquish your shares to them, that's what bear raids are all about. Like I said textbook read thoroughly it's like a play by play especially the last 3 days, the "desperate titles of the articles, the desperate nature of the posts, etc. : counterfeitingstock.com/CS2.0/CounterfeitingStock20Full.pdfSay what you want but there is absolutely no way this stock is down 24% because of a SeekingAlpha article. So typically the pros have better information than retail. Mike C was pretty clear on yesterdays call about non-dilutive financing. Is this some type of game of chicken to challenge him or do some institutions think he was not being realistic yesterday or simply not telling the truth. If the company does need to sell shares to raise funds, current situation could prove insurmountable. Conversely, if Mike really does have a big chunk of non-dilutive financing lined up, this could be a major turning point. |
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Post by goyocafe on Aug 3, 2018 13:48:17 GMT -5
Say what you want but there is absolutely no way this stock is down 24% because of a SeekingAlpha article. So typically the pros have better information than retail. Mike C was pretty clear on yesterdays call about non-dilutive financing. Is this some type of game of chicken to challenge him or do some institutions think he was not being realistic yesterday or simply not telling the truth. If the company does need to sell shares to raise funds, current situation could prove insurmountable. Conversely, if Mike really does have a big chunk of non-dilutive financing lined up, this could be a major turning point. I hope Mike wasn’t bluffing. Quite the game of chicken here. (Is it still politically correct to use chickens in a joke? 😂) |
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Post by peppy on Aug 3, 2018 13:48:20 GMT -5
this isn't over yet, they are still selling, dumping.
3,422,186 shares traded, 2million 422 thousand in 48mins.
yes, deliberate.
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Post by standup on Aug 3, 2018 13:49:53 GMT -5
For $170M you can buy the whole company.
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Post by boytroy88 on Aug 3, 2018 13:54:58 GMT -5
There had to be some sort of news out that retail hasn't gotten yet... No way it drops this much on nothing.
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Post by tingtongtung on Aug 3, 2018 13:55:02 GMT -5
For $170M you can buy the whole company. Isn't it scary? I hope MNKD gets funding quickly, gets out of this weird state.. |
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Post by standup on Aug 3, 2018 13:58:58 GMT -5
For $170M you can buy the whole company. Isn't it scary? I hope MNKD gets funding quickly, gets out of this weird state.. Approaching $140M. Checkbooks out? |
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Post by lookingforlogic on Aug 3, 2018 14:00:07 GMT -5
This is exactly the same what Osborn did to Siri working for Liberty Media. He managed to bring it down from $68 to $0.05 with the help of Rocco. Now he did that with the help of risingscseptiic, Martin Shkreli, double agent Kastanes, Motleyfool, Trend1, Parkustar and bunch of other well known collaborators.....then he bought himself 360,000 shares at $0.05 when bankruptcy was announced!!! IMO. We do not have to worry about the share price we just have to sue all this cacroches for couple billion dollars and end this criminal activities once for ever!!!!!
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Post by ilovekauai on Aug 3, 2018 14:00:59 GMT -5
Sure am glad we did that r/s last year. It's working out great; if you're a short. Gosh, what is going on? Is this an orchestrated selloff to try and take out MNKD or what?
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Post by peppy on Aug 3, 2018 14:03:05 GMT -5
Sure am glad we did that r/s last year. It's working out great; if you're a short. Gosh, what is going on? Is this an orchestrated selloff to try and take out MNKD or what? looks pretty orchestrated. the volume/time. in the afternoon session |
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Post by mnkdfann on Aug 3, 2018 14:03:42 GMT -5
This is exactly the same what Osborn did to Siri working for Liberty Media. He managed to bring it down from $68 to $0.05 with the help of Rocco. Now he did that with the help of risingscseptiic, Martin Shkreli, double agent Kastanes, Motleyfool, Trend1, Parkustar and bunch of other well known collaborators.....then he bought himself 360,000 shares at $0.05 when bankruptcy was announced!!! IMO. We do not have to worry about the share price we just have to sue all this cacroches for couple billion dollars and end this criminal activities once for ever!!!!! I doubt Kastanes was a 'double agent' as you put it ... he always seemed to wear his heart on his chest. I think he just had an honest change of mind. But I'm convinced at least a couple of the biggest self-proclaimed supporters of MNKD here are probably really short. YMMV. |
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Post by ilovekauai on Aug 3, 2018 14:03:49 GMT -5
A lawsuit would take years, but what other option is there if we crash and burn? Indeed, criminal activity and they're getting away with it too. I hope we survive somehow. A lawsuit means nothing to me right now.
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Post by tingtongtung on Aug 3, 2018 14:04:22 GMT -5
Isn't it scary? I hope MNKD gets funding quickly, gets out of this weird state.. Approaching $140M. Checkbooks out? 99cents.. Damn! 8 million shares. Almost 9 times the recent volume. |
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Post by peppy on Aug 3, 2018 14:04:53 GMT -5
alrighty now, the short covering has started (I hope)
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Post by LongMNKD on Aug 3, 2018 14:08:56 GMT -5
Guys whats happening? I have no clue but i was alerted to the dip. I'm in for 10k shares at 1.01 lol
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