|
Post by joeypotsandpans on Oct 5, 2017 15:36:32 GMT -5
Somebody worked very hard at the end to make certain it closed below $5. Wonder who and why? Any ideas? My guess is pinning 5 for tomorrow's weekly expiry, there were a lot of contracts closed out from last weeks big call purchases, suspect they were rolled out. Putting things in perspective, closing up 40% today is sensational and at $5 ($1.00 pre-split) think about that, how ridiculous is $1 with pretty much all sails opened and a nice steady wind at her back
|
|
|
Post by joeypotsandpans on Oct 5, 2017 14:48:14 GMT -5
I have a problem, I was looking for something else to put my net proceeds from this mornings options roll into and each time I kept coming back to their potential compared to MNKD...each time they paled in comparison potential returns....ut oh, Mr Cramer, I cannot get diversified. Nate please help, what would you suggest...it looks like NVDA has had it's run already...it's like a strong magnet and it keeps pulling me back in. Of course I could buy puts on NVO/SNY
|
|
|
Post by joeypotsandpans on Oct 5, 2017 13:55:46 GMT -5
hmm - would executing the ATM require any type of press release? Not if it was authorized/registered and disclosed already. Then it's just what it stands for "at the market"....last time when Matt P used it we found out at the next scheduled quarterly call
|
|
|
Post by joeypotsandpans on Oct 5, 2017 13:20:02 GMT -5
Volume over 60M on the day so far. Crazy! It wouldn't surprise me if the ATM was used.
|
|
|
Post by joeypotsandpans on Oct 5, 2017 10:06:05 GMT -5
6,556,765 real time shares in the first 60 mins of trade. tracking for 36 million share day now with this volume. so perhaps half that? we will see.
cello, you are my new best friend, good point. point out everything you see and think.
MIKE C IS LEE IACOCCA. "Lead, follow, or get out of the way" -IACOCCA
|
|
|
Post by joeypotsandpans on Oct 5, 2017 9:42:47 GMT -5
Joey said: "It could have a wide range of meaning/interpretation from a simple acknowledgement from the FDA based on their response to the label change to a series of domino's that have been put into place based on that result. I see that tweet as one huge exhale of relief and vindication but that's just my interpretation." Amen Seems Matt wanted to do deal in Q2. BoD and Mike wanted to wait till after Label change. Disagreement led to Matt's ouster, perhaps?? Matt turned financially conservative after being burnt so many times? Mike the new blood wanted to gamble for better deals and recap after Label change? Read 1Q17 ER slide.On file and expect near term approval in one ME country Late stage partnering discussions in other jurisdictions. Certainly, Matt lost credibility for not fulfilling 1Q17 promise, which undermined his ability to govern. Make sense that he was out for not having BoD's support. Think Mike is right this time... We will have a runway for a 777 Dreamliner to visit all those countries, now boarding .....the short position on the other hand may be falling off a cliff (see way below) and the short position:
|
|
|
Post by joeypotsandpans on Oct 5, 2017 8:59:07 GMT -5
Granted a super small sample size above but with 93% so far either holding or adding, and those who have held and already have their shares lent out and are on a "dividend re-investment plan" with the proceeds, it is pretty evident why the the large short position is trapped now and back when they couldn't get out at the bottom near .13....thus the skew of call to put ratio climbing. I am selling my deep ITM and doubling positions rolling up the ladder further out. As far as my shares, like I said locked them up and lost the key. Are we having fun yet? You make me feel smart Joey, that's exactly what I'm doing.... I have calls with up to 1,000% gains, and trying to roll them over but I can't believe how expensive they've gotten, and the volume feels like I'm following the herd.... I guess I'll have to decide soon if I am more afraid of being an idiot for wasting .50 on a $5 call OR Being an idiot for buying a $5 call for only .50..... But, my shares will NEVER be touched,,, all or nothing! I just rolled my FEB 1's into double the amount Jan'19 3's and pocketed a nice difference....are we having fun yet?
|
|
|
Post by joeypotsandpans on Oct 5, 2017 7:18:19 GMT -5
Granted a super small sample size above but with 93% so far either holding or adding, and those who have held and already have their shares lent out and are on a "dividend re-investment plan" with the proceeds, it is pretty evident why the the large short position is trapped now and back when they couldn't get out at the bottom near .13....thus the skew of call to put ratio climbing. I am selling my deep ITM and doubling positions rolling up the ladder further out. As far as my shares, like I said locked them up and lost the key. Are we having fun yet?
|
|
|
Post by joeypotsandpans on Oct 4, 2017 14:50:03 GMT -5
I'm unable to view it on my current desktop due to some graphics incompatibility issue, but I am pretty certain today's Ichimoku chart is Bullish. ichimokutrader.comIt's all bullish, MACD heading north, 50d heading up through the 200d in "short" order, beautiful bullish candle developing on the weekly/monthly charts and no shares available to borrow still, and to put things in proper perspective this is only at .70 pre-split !!!! Mike said about 98% of PWD are still not aware of Afrezza, I agree and add that 98% of average investor is still not aware of MNKD
|
|
|
Post by joeypotsandpans on Oct 4, 2017 11:27:37 GMT -5
If the sky is blue, do you really need to confirm in words that the sun rose this morning? The label makes this designation - best in class - obvious to anyone who wants to compare the very same PK parameters right up against Afrezza. RRAs will now have to work very hard to combat the facts. But, they won't prevail not for 20 years until they come up with their own inhalable insulin. That's my story and I'm sticking to it. If it weren't already taken, I would change my handle to Peter Pan ....nice post!
|
|
|
Post by joeypotsandpans on Oct 3, 2017 17:29:54 GMT -5
We did 13 million in volume today on a strong up day. Sentiment right now seems to be such that even 20 million shares could be fed (not dumped) into market. Question is whether to sustain this sentiment we need some spectacular event, or whether slow steady progress keeps bringing new investors and providing support for the ATM. What if we get another international deal but without upfront, we get some small progress payment from RLS which at least proves they're alive, we start seeing 2018 formularies improving coverage, treprostinil is filed, time in range study completes and looks positive and we learn that MNKD is keeping up with the cash burn by slowly tapping the ATM... all the while scripts continue to grow? You can correctly cite that gains in the past have quickly reversed, but I think there is a difference that we now have a backdrop of a real turn around taking shape. Lest my detractors think I've gone soft (I'd hate to have everyone liking me here)... caveat investor... this is still a very risky stock to own. Even if you want to give the benefit of the doubt that Mike has everything in hand, we're probably just one big market correction away from imploding. What is our ATM? How does it work? I thought it was a right we obtained to sell commons to a third party, not to the public. Please correct me if I am wrong. The ATM could be used for what it is "at the market" at any time in any amounts...it was used previously and not really known until Matt mentioned it on a quarterly call...that's the beauty of it not being telegraphed....(think of our "untelegraphed" bombing of the airstrips when we hit in Syria compared to telling the world when we are pulling our troops out).....so "sentiment" would more than likely be positive if it became known after the fact and it put some cash back in the coffer.
|
|
|
Post by joeypotsandpans on Oct 3, 2017 14:07:11 GMT -5
One very important note that Mike made and I can't emphasize enough was his attention on the T2 population and their disproportionate percentages with regard to Afrezza usage. He talked about Libre and Afrezza for T2 for a complete needle free experience while maintaining an instant eye on BG levels at anytime. This is so important because as a T2 it is specifically what I have been longing for. So his tweet about a huge week for diabetics he knew what it meant for us T2's more than most T2's even know right now...and he see's that the bar was lowered between Libre's approval and Afrezza's label change happening at the same time. His envisioning sales reps being able to convey this along with the increased compliance that will come with it to all those in practice whether it be Endo, Primary Care, Diabetic educators, PharmD's, insurers, etc. is why his excitement shined through in his tweet friday evening. The market hasn't even gotten it yet, but the price action is telling you they will, last week and yesterday was great for all PWD as well as those long the company and yes it has been a long time coming.
|
|
|
Post by joeypotsandpans on Oct 3, 2017 13:06:00 GMT -5
The last notice I received a few weeks back was a loan rate of 50%. I replied to Nemster in another thread but in case you didn't see it, 86% at largest DTC about 30 min. ago
|
|
|
Post by joeypotsandpans on Oct 3, 2017 13:02:31 GMT -5
oh, thank goodness you are here. diamond girl here. out another log on the fire, there is a fire out the chimney. www.screencast.com/t/IZWuEoZHZeZ3 oh, haha.
what are you thinking about price Joey?
Lets just say I threw away the key and buried the box ......if anyone waited through to this point and is thinking of a price less than the BIG resistance at the old highs $55 ($11 pre-split) after ADCOM the rest would just be price targets for the traders. Specific to your question since it sliced through $2.85 will probably rest in the area for a bit but the $3.10 is next area of resistance to work through
|
|
|
Post by joeypotsandpans on Oct 3, 2017 12:48:22 GMT -5
Anyone got the cost to borrow shares? *asking* for a friend ... 86%.............
|
|