Can someone explain to me please. My understanding is that mnkd offers almost 50 million shares sold only to INSTITUTIONS at a price of $1.03 which will end by 5/12th . Thereafter, the institutions can immediately sell it back that is worth $1.50? So who is gonna buy back at $1.50? Unless management can guarantee news that will skyrocket the share price above $1.50 immediately after May 12th. If they can't then who is gonna buy those shares worth a minimum of $1.50?
Anyone else reading it any differently? Management guarantees that those shares will be worth at least $1.50 to the minimum by May 12th.
so, why would anyone sell under $1.5? And what is with the 20 cents drop in the after hour? Something is very odd here.
Thanks, I see. 0.75 of $1.50= $1.12 Hence, the AH price is on spot. Common share buyers basically buy at $1.03 and can sell back immediately at $1.12 for a quick profit. But they can hold Warrants B for 25% worth, exercisable in 2017.
Which institutions would ever want to buy even at $1.03 or even 50 cents, given the recent development? Unless there is some promises or big news. Tase that bought in at $2.60 is already down 60%. Management needs major deal; otherwise, they wouldn't be able to even raise $50 million with $1/sh; no institution will risk it at this stage; the way management handles this entire debacle.
let's assume they buy at $1.03 and sell it back immediate at $1.12 (75% of 1.50). Who is gonna buy it at $1.12? For institutions to be able to sell it immdediately for a quick profit; there has to be a buyers at $1.12. Management has to have convicing evidence that would allow institutions to profit. Otherwise, given the debacle, no one would buy this at $1 or 50 cents.
Given surplus of AFrezza not selling well, why do they need to increase production? Any conjecture?
my understanding is that they were running two lines at full capacity. So, now they have 6 production lines? Shouldn't something like this be announced if they added 4 production lines?
Nigeria faces production problem and Venezuela is in massive electrical shortage where they can't produce. Per Goldman Sac
Carl Icanh recently sold apple shares, rumor has it that he is buying oils big time.
They are in a position for more cash; they need to make some deals quick. With the production increased by 300%; I think they are poised to make some international news. Afrezza works and some testimonials have indicated that it works like your pancreas. With that being said, it's easy to sell Afrezza by loads to any foreign company at discounted prices, of course maintaining some profits, get the words out. The reason why foreign market works is because there is NO need t comply with the FDA restrictions on Pediatric population. I am not saying they should give it to toddlers, but definitely kids 10 yrs older who dislike injections.
Pickens has been in the industry for a long time, he knows the fluctuations in oil price. Golden Sach just became bullish on oils. I agree that Carl Icanh can sometimes be wrong but he has a huge portollio.
ONe of a kind. Fast onset and offset in effect, and convenient. TSLA has nice acceleration and fully electric (no needle equivalence to Afrezza). They don't even need to make profits on Afrezza, they just need to have enough sales and publicity with Afrezza to trade at $30 billion market cap.
Tesla is still losing money every year and had only profitted several quarters but for the most part still losing money.
I am disappointed that management has not landed anything big and got shafted by SNY sabotage, and the ONLY potential investor currently is some chinese bank. A potential block buster like Afrezza should stay in America and make America great per Trump (not a fan of trump). I am hoping for Google Verily to give AFrezza the publicity that it needs and possibly the biggest sales ever of all drugs.
It means their oil reservoirs don't really hold as much oil as they claim and they are looking to sell and sucker investors into their reservoirs which could already be depleted.
their reservoirs are running dry!!! They are suckering investors into empty reservoirs and swindle investors out of billions.
top saudi officials were involved for funding the 9/11 attacks. Thus, there has always been war between Saudi and the US. The saudi is trying to cripple the US shell businesses which they succeeded by flooding the market with oil but they can't do it below cost. Thus, we found what their bottom was $30/barrel.
what does this mean to the world's oil supply? Severe shortage in the future. Currently there are natural disaster in Canada, civil war in Nigeria, and electricity shortage in Venezuela that all contribute to major reduction in oil supply. What if there are more disaster and Saudi can't ramp up their production like they claim they can? major shortage in supply is coming our way.