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Post by compound26 on Oct 10, 2017 10:08:51 GMT -5
Bring on a hostile takeover attempt by all means! I guess we don't yet have the short interest numbers as of 9/30; but, in any event, even those will not tell the story, we need to see what is happening in early October, too, and that won't be out for more than two weeks. Very curious. Part of this rally just has to be some short covering. And, no doubt, some new short positions have been born recently, so it makes it difficult to get a fix on what's happening in the short world. Gosh, it would be great to have the numbers day to day. Let's get a bidding war started. babaoriley please start the war, since you already controls so many shares. In that situation, $30 PPS is possible.
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Post by compound26 on Oct 10, 2017 10:03:14 GMT -5
Bring on a hostile takeover attempt by all means! I guess we don't yet have the short interest numbers as of 9/30; but, in any event, even those will not tell the story, we need to see what is happening in early October, too, and that won't be out for more than two weeks. Very curious. Part of this rally just has to be some short covering. And, no doubt, some new short positions have been born recently, so it makes it difficult to get a fix on what's happening in the short world. Gosh, it would be great to have the numbers day to day. babaoriley I think you would prefer to see the numbers minute to minute?
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Post by compound26 on Oct 9, 2017 20:35:18 GMT -5
I feel like there are a few former longs who sold out their MNKD holdings at some points, feeling MNKD totally had no future, are still hanging around here.
And now that MNKD PPS rebounded strongly, to the extent they did not jump back in, but are still hanging around on this board from time to time, they have a strong urge to convince others (and more importantly themselves) that they made a right and great decision in getting out. So as the PPS continues to climb, many of them will have a stronger and stronger belief that the rising PPS is irrational as MNKD should really have no future.
Of course, I know there are many longs who have sold out simply take it with total peace or never looked back. But I feel like there are are few of those are still trying to convince themselves that they made a great decision.
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Post by compound26 on Oct 9, 2017 12:12:00 GMT -5
This claim that people don't refill due to insurance is nonsense. To get an Afrezza script most insurance companies require preauthorization. Patients are aware of the coverage and price before filling a script. Who would fill a script once and then not refill it because of the cost? Have you not been reading, I personally received a script and it never got filled even after two prior authorizations, your post is nonsense as you make a statement with no direct knowledge of what patients have had to deal with regarding the insurance and prices. Think about others like myself that got a script that never got filled, I am sure there are more than most realize yet that gets twisted as users that don't like the product, couldn't be further from the truth. These are users that want the product and can't get it due to malevolent insurance carriers which hopefully will get their due.
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Post by compound26 on Oct 9, 2017 11:59:33 GMT -5
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Post by compound26 on Oct 7, 2017 14:42:59 GMT -5
I guess it all depends on when you originally invested in Mannkind. If you purchased shares at $5.00, $6.00 or more per share pre-split then a $1.00 share price increase now is worth $0.20 per share. If you were fortunate enough to purchase after the split and ride it up then the recent rise is more significant for you. Think about the fact that some investors must see a share price of $25 - $45 to break even. That one dollar increase is nice but hardly a blip in your portfolio value. Some here seem to ignore reality and only wish to hear positive comments. Many still have a long way to go and that's reality. I invested in MNKD pre-split. I just know that my brokerage account shows me what my current cost is, if I'm up or down, and my total current value. If we just talk in current period and are all on the same page ... it'll be easier to understand. I think it also depends on whether you averaged down or not, like Nate has been recommending for a while. I originally purchased at $5-6 pre-split (which translates into $25-30 post-split). Averaging-down over time has lowered by cost basis to about $4 post-split.
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Post by compound26 on Oct 6, 2017 13:34:48 GMT -5
Yes, we should all get together when this hits $20! I would like take a tour of Sports' training facility.
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Post by compound26 on Oct 6, 2017 11:09:53 GMT -5
I have been looking for Matt. Where could Matt have been from? His ability to recount the exact mechanics of debt agreements and bankruptcies, complete with anticipated filing dates. Where could Matt have been from? He is gone. I saw him once at the label change, and then vamoose, moose. Interesting gig.
Any change at spencer seeking alpha only looking at balance sheet, not efficacy of the product spencer?
13,863,422/100,000,000 traded today so far. 2 1/2 hours of trade. 5.26 plus 30 cents. plus 6% Do not worry. Proboard Matt will come back when we are in a down day.
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Post by compound26 on Oct 6, 2017 10:57:26 GMT -5
because I had over 50,000 shares before rs and now I have 50k/5. I hope Al Mann Group and Al's family thinks the same way. Ok, I see. But it does not make any difference as long as PPS rises in proportion. If you bought at $5, if the PPS rises to $25, then you are exactly at where you were.
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Post by compound26 on Oct 6, 2017 10:31:43 GMT -5
I am wondering for how long and for how high will the rate go considering current pps? There could be 2 outcomes: 1: we get rate 75-100% until end of the year and buy out at $50 per share or 2: pps climbs to $25 and they do split back to original number of shares Why do you want to split back once you climb to $25? Really sees no reason for that. Stocks trading above $100 is quite common nowadays.
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Post by compound26 on Oct 5, 2017 14:58:46 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 Me too. But it did cost me the opportunity to buy into EXAS at around $6.
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Post by compound26 on Oct 5, 2017 14:24:10 GMT -5
Did the warrant cleanup last week pave the way for MNKD to get more $ by increasing the number of unsold shares available for sale or did the warrant cleanup actually raise money by itself? How much is available in the ATM? In other words, was the runway extended or do we still need to do something to extend it? Hopefully they've raised some already using the ATM with the strength of this run up. I will also support them to use the ATM at this level (around $5). If they sell 10 million shares, that will extend runway for another 7 months, with only about 10% dilution.
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Post by compound26 on Oct 5, 2017 14:18:53 GMT -5
Sold a bunch of the pre-split Jan. 18 calls today as I do not want to deal with them any more (approaching expiration date and not actively traded). $1 calls at $0.31 and $1.5 calls at around 0.11-0.15. After what we have seen today, I believe the stock has a good chance of reaching $10 before the Jan 2018 calls expire. We just need another announcement of good news - a partnership, a successful STAT trial, accelerating scripts, a couple of analyst upgrades, etc. I'm holding out a little while longer. Yes, totally agree. I am holding my core positions and also added some $4 Jan. 19 calls yesterday. Just do not want to deal with these pre-split ones anymore. I also have some Jan. 18 $2 and $2.5 calls that I am holding on and not selling.
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Post by compound26 on Oct 5, 2017 13:42:05 GMT -5
Sold a bunch of the pre-split Jan. 18 calls today as I do not want to deal with them any more (approaching expiration date and not actively traded). $1 calls at $0.31 and $1.5 calls at around 0.11-0.15.
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Post by compound26 on Oct 5, 2017 10:35:59 GMT -5
Went shopping for options a few minutes ago - wow, lots of activity and they are expensive! Something very, very good is happening, and the label change may well have been the trigger for a deal of some LARGE sort. babaoriley Yes, they are becoming more expensive. For your consideration, yesterday I sold 30 Jan. 18 $5 puts and using the proceeds to pick up about 100 Jan. 19 $4 calls. If I did it today using the same strategy, the proceeds from that 30 puts will only be able to get me 30 calls.
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