I still think its partly an OLED share shortage, just not that many shares available for sale. The large legacy manipulative long/short hedge position accidently resulted in a positive aide benefit for longs ... an OLED share shortage .... as those particular manipulative long shares were locked up and not available for trade. The manipulative shares reduced the float from 32 to about 26 million shares. That's not very many shares! As the long/short hedge alowly gets closed out more share float is available for trade which is keeping the stock from exploding. Once the long/short is finally closed out, new float will stop then we will might see some big jumps in price.
There's nothing that can be done, other than make lots of money (with the existing product) and just as important ... reduce risk (find another recenue generating product). Shorts always have strawmen to set up and knock down when you only have one product.
BUY BUY BUY ... wait, CNBC will never say that for OLED they still have 't said anything positive about OLED for ten years (guest commentators don't count)....
PURCHASE ... PURCHASE .... PURCHASE
Cool down, OLED recently had 25% short, about same market cap, and doubled in 3 months. Guess what happened to the shorts? They were reduced all the way down to 20%.
Shorts will have many ways to get flat and even make money during the price rise because they will drag it out and it will take a long time.
It never happens anymore, not more than 20%, don't expect a short squeeze over a matter of days it just doesn't happen, the shorts collude and are able to hose the share price down with naked shorts at strategic prices and crank up volatility and drag a price rise out over months when it should be days. Sure a dedidcated long investor might double in 90 days but the shorts will make sure you feel beat up for your trouble.
The price will spike to 5 then they will take it down imo.
Looking at a first investment in MNKD I think the timing is about right. I feel for the dedicated longs who waited forever with nothing to show for it, been there.
I remember when we used to get excited about a $250,000 small business grant in the after market news. Now a 47 million advance license fee gets buried in the earnings report somewhere and you have to pry it out.
Still amazing that the chronically-wrong shorts haven't been reduced to the 4 million level or about about 10% of shares outstanding. Not even considering selling until shorts are reduced to a reasonable level, it would be silly to do so with all those shorts still weighing on the price.
OLED is hip and cool and green, Retina is tired, inefficient, old technology. It needs to be retired. Lets rename it Retira shall we?
The manipulators make me laugh sometimes.
You know what no one is mentioning yet ... knockoff AMOLED watches or other such "jewelry" that would be used solely for fashion. I have to believe the jewelry industry is taking note of these gold and silver smartwatches and is looking for ways to integrate oled light and precious metals into their products.
OLED is the next big thing and nobody even knows about it yet. CNBC refuses to report on OLED. Apple investors should be first on bandwagon, they should know how better than anyone how outdated their Retina display screens are compared to OLED display screens.
I can hear the big babies crying now .... "Waaaah OLED longs are not selling like they are supposed to when we crash the price. Waaaaaah. Its not fair, its because the pumpers are manipulating the price. Wahhhhh."
Maybe there are footprints to identify the culprit with such a large change, Discovery did make an odd transaction last week of selling 800,000 long shares but keeping them internal to the group. That would be a way of giving up control but keeping the upside for themselves.
Wonder what he sees to take this route, I love how he keeps the shares away from the shorts. Up yours shorty so much for the Discovery share overhang lol!!! I see an OLED share shortage. People are holding shares tight and not throwing them into the market, his friends would have a difficult time buying 812500 shares without driving the price up.
S6 review, tune in for this ultra rare event!!!
Some may say the curved edge doesn't add much functionality, but one thing it does do it put consumer focus squarely on the display screen and the display screen is exactly where Samsung defeats Apple.
Samsung and LG (team Korea) have teamed up to make their smartphones get the top-of-the-line OLED screens with all the bells and whistles and Apple gets the outdated OLED screens, just like when the US sells jet fighters to other countries (maybe Korea even) they may call it the same name but it is an inferior jet fighter to ensure the US always retains the advantage.
Shorts have been dead wrong about OLED and it is OLED longs duty and obligation to make them pay dearly rather than let them off the hook for a few measly digital dollar profit. After all shorts would have shown no mercy and driven OLED to zero in a heartbeat if they were right. If the shorts can conjure OLED shares out of thin air and sell them naked short then certainly they can conjure dollars out of thin air to buy those shorts back. Don't play their game and sell them your hard earned OLED shares for thin air!!! I have plenty of OLED shares and I don't sell my OLED shares in the hopes maybe that extra penny I add to the OLED price per share at the end of the day will prompt a short manipulator to jump out of a window. NO MERCY!!!