I assume the money from the MNKD short (all upfront cash) is leveraged by the criminal hedge funds 20-30 times into other investments. The average long by comparison is not leveraged. So it is very important the MNKD short does not get away from the shorts, as it would domino across the investment world with massive leverage, this may be why the SEC allows manipulation, they are afraid of causing a general stock market crash.
My favorite was when they put the newb on the crane and he immediatly busted it, ruining the season then when they went back the next year the price of silver had collapsed. Boy was that a collosal screwup.
It was on the way to the dog run so no extra expenses, its worth 50 bucks, giving my company (me) a sweet 48 dollar per share profit!
Now imagine the absurdity paying someone and their lawyers a couple million dollars per year to find this treasure, my daily expense would have been in the thousands and all my profit would have gone poof and I would have been miserable in the bilge with the OMEX investors.
Love to jump in now, but shorts will make sure there is no reward being long, only misery. Sure I may miss 10% waiting for the catalyst, whatever it is, but I will also miss months or years of misery. So I will keep watching MNKD. Sadly the stock market does not reward speculation on companies like this anymore.
Nothing can be done, such deception and bluffing is routinely allowed, the stock market is a poker game and if you hold he best hand it doesn't mean you'll win against the big money.
I saw the family operations were making millions while OMEX was losing millions so I thought I'd try the small operation approach, dusted off the metal detector and found two small gold rings at a local beach. Just had to kayak there .. no expenses. Had a lot a fun too, way more fun than watching OMEX stock sink every for years. The gold rings were small so they were worth only about $100 but since my operation has only one share (me) rather than 80 million or whatever it is now for OMEX, I made $100/share and my stock is soaring and everyone is happy. Anyways thats how you find treasure for profit the small operation way, the OMEX way .. paying management millions to lose money ... frankly it blows.
You can't eat MKND shares. Job loss, medical, retirement, college, new car, house, new kid all sorts of life issues crop up forcing the most diehard MNKD holder to sell. The shorts know this they just have to keep the price flat for a few years before MNKD turns profitable and they have all the shares necessary to cover at no loss.
Something big and unexpected needs to happen for this prediction to change.
There will be a fakeout move up in mid october, this will discourage the entrenched longs into dumping for the stock loss. They will hope to get back in 30 days but the price will run away from them and most wont reenter.
This is how manipulated stocks trade, its all a big game disconnected from reality for very long stretches of time.
Huge short interest, Goldmans immovable 2 dollar price target along with Adam F playing the role of the analyst of doom oh how many times have I seen the manipulators run this same scam over and over. It's the stock markets version of three card monte. They keep doing it because it keeps working. Note that there is is only one lowball price target and only one analyst of doom, thats all you need, any more can screw up the scam.
All manipulative shorts know this and they all collude accordingly.
An earnings miss, meaningful or not, for a startup company is a 15% haircut.
A patent challenge, valid or not, is a 20% haircut.
A 10% move up in price in pre or post market on very low volume and no news means stop shorting.
There are many other unwritten rules thats how shorts can organize and collude with forceful effect. Longs are very disorganized with no such rules that's why it's so easy for shorts to scatter longs at any time.
Nothing shorts like better than selling the same news over and over. The sell algos don't know that it has already been priced in all they see is the headline. I would advise MNKD manaagement to refrain from providing daily updates on the dilution.
Shouldn't it be the other way around? The small more nimble operations are getting rich while OMEX shareholders are going bk. And small operations are having great fun with no legal issues either. OMEX shareholders are having no fun at all, and they have no idea what legal issue will hit them next because they are the last to receive information.
Trump takes his huge risk free salary just like MNKD management and when the project goes bankrupt Trump says it was a huge success FOR HIM. I am really getting tired of shareholders getting played like this the only way to make it stop is for shareholders to say ENOUGH to step aside and let share price sink to zero so the market capitalization carcass cannot be continually fed on by management with share bonuses and stock options.
It makes no sense for manipulation to end now, when there are so many MNKD shares that can be sold for a tax loss. The shorts need these tax loss selling shares, each and every one of them. If manipulation ends now, then those MNKD shares are held and the shorts get none of them.
You watch, I am right. December 15. It is built into the manipulation algorithms..
The shorts will keep MNKD price depressed until year end tax loss selling starts, which is only a few more weeks. Then their short covering will become obvious as a bottom sometime around December 15 but no one will be paying attention around Christmas.
MNKD is highly manipulated so it makes perfect sense the price is prominently displayed to the crooks at all times so they all know when to hose the price down.
Either Afrezza sales will have to go ballistic or a new blockbuster deal is needed to whack investors across the head with a 2x4 and wake them up. "News floating around" doesn't do anything for the share price, if you need an example just look at Greece, news was "floating around" there forever and it took the banks closing to to whack people across the head with a 2x4 and motivate them to go the bank to get their money out. They were too late, just like investors waiting for the "all clear signal" on MNKD will be too late to start an investment here. Its just human nature, people just can't being themselves to pull the trigger until it is too late.
I only mention it because back in 2011 CNBC was obnoxiously pumping MCP daily at the same time they were flinging poo at PANL/OLED. At that time MCP recently had an IPO which goes to show CNBC is not about the long-term quality of an investment, it is more about catering to big money traders.