The game is definitely not over for JF and he will end much better off than all the longs here after he does his restructuring.
Adam and his buddies shorted this from 11 to 1 and that makes him not too bright? Everything he predicted about MNKD has come to fruition.
I am not short this stock. I am a former long that lost a couple grand here. You represent the vast majority that don't have a clue here. Why should a company buy something that isn't proven and has lots of debt when they can buy it for nothing. If you are long good luck.
That means we are looking for somebody crazy enough to buy us. Somebody may buy but they won't pay any kind of premium for it. Why should they pay a premium when all they have to do is wait for them to finally go under. Good luck to any longs that are still here.
For some reason the longs don't like your message. Until JF restructures and the price of oil stabilizes it will be more of the same. The bottom is not here yet.
They probably set up huge short positions once they decided they had enough. No I don't know this for sure but nothing surprises me anymore.
What does that tell us? The company insiders know better than to invest their own money in themselves. They would rather steal it from investors.
This company is not going to file bankruptcy. JF will restructure this mess. Longs will pay for this but this will not turn out like HERO.
Actually giving a group of clowns (instead of the NSPH management) 10 million dollars would probably produce much better results.
They just don't think that this stock can go down more. Well it can and it will when JF restructures this whole mess.
I am not trying anything or really bashing. I am just sharing my opinion. Based on this company's past history how can anybody be optimistic? I hope things work out. This horrible management team has cost investors millions of dollars. GLTAL
So did they do this just to get enough until things start rolling or did they figure the 10 million was all the play around money they could fleece investors out of. Of course its alternative number 2.