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Post by standup on Aug 3, 2018 14:11:26 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 Chicken Little was sited. |
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Post by peppy on Aug 3, 2018 14:11:45 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 forceful. A big seller. 1 million shares traded with 2 hours of trade left to go, then, (4,987,342 ) ~ 4 million shares sold in an hour. |
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Post by traderdennis on Aug 3, 2018 14:12:01 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. Sounds like a pipe funding agreement was signed around 11am. Guessing the price is at $1.00 per share |
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Post by celo on Aug 3, 2018 14:13:37 GMT -5
Deerfield has a large supply of shares that they want to lose. I am obviously guessing
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Post by peppy on Aug 3, 2018 14:15:11 GMT -5
Deerfield has a large supply of shares that they want to lose. I am obviously guessing the covering now. crazy thought, covering could take price up to 1.40. let's see. |
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Post by mnkdnewbie on Aug 3, 2018 14:16:36 GMT -5
i loaded up around .80 last time around may 2017, i think, it may be time to back the truck up again...
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Post by mnkdfann on Aug 3, 2018 14:17:00 GMT -5
Sounds like a pipe funding agreement was signed around 11am. Guessing the price is at $1.00 per share Less than a day after Mike says he does not expect dilution will be the predominant way cash flow is grown to breakeven? If so, that would be something. (PIPE is dilution, isn't it, or am I missing something.) |
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Post by ilovekauai on Aug 3, 2018 14:17:57 GMT -5
I'm not going anyhere and still trust this company. It's too good to fail, and it won't. To hell with today's action. Don't let these bast**ds pull you down. Stay strong. We we will prevail. I just added too. I'm all in ladies and gentlemen! Let's stick together. You are all fantastic people. (well, most of you!). Have a great summer weekend and try to relax!
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Post by brotherm1 on Aug 3, 2018 14:18:06 GMT -5
Either a funding agreement and/or insider info from a bank MNKD dealing with whom has channels to these hit piece writers that write the hit pieces after they hear of the proposed funding need. Articles then act as a cover to their inside info. IMO
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Post by awesomo on Aug 3, 2018 14:18:12 GMT -5
Well, it would certainly taint Mike's credibility if they dilute us after hours or over the weekend. Otherwise, this price action is ridiculous.
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Post by MnkdWASmyRtrmntPlan on Aug 3, 2018 14:19:00 GMT -5
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Post by hellodolly on Aug 3, 2018 14:19:18 GMT -5
i loaded up around .80 last time around may 2017, i think, it may be time to back the truck up again... I'm waiting until Monday to nibble. I want to see the news this PM. |
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Post by mnkdnewbie on Aug 3, 2018 14:21:01 GMT -5
yep 05/08/17 .82, hmm is this another buying opportunity.
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Post by novafett on Aug 3, 2018 14:21:02 GMT -5
Interesting how this article as well as the Motley Idiots article about Mannkind and bankruptcy both came out around the sametime. SMH |
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Post by traderdennis on Aug 3, 2018 14:21:40 GMT -5
Sounds like a pipe funding agreement was signed around 11am. Guessing the price is at $1.00 per share Less than a day after Mike says he does not expect dilution will be the predominant way cash flow is grown to breakeven? If so, that would be something. (PIPE is dilution, isn't it, or am I missing something.) Cash has to come from somewhere. If there is not a pipe announced soon, then I would expect the share price to continue lower until a source of funding is announced or the loan rate rises signaling this is a short attack. |
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