Sorry, it is so hard to keep up. From down 50% to up 100%, all in just a few minutes. Let's see, if it goes up 4 cents for every 250 point gain in the Dow, we'll have to see 5000 point Dow gain to get MNKD to 6.
Gee, markets up dramatically and MNKD rides the wave a whole 2 cents. Wait, that gain has been cut in half; now just a penny. And that's the result of 6 million shares trading? Sorry, but this isn't investing.
Here's the plan. Berlin gets paid in stock. I think he is paid $500K per year. Based on the last secondary, that would be the equivalent of 100K shares. So pay him the cash equivalent of the current value of 100K shares. Right now, that would be $312K. That's still outrageous pay, but maybe that would help him make decisions that benefit stockholders.
Me too. Looking at the market response to the deal, you'd think they had a failed trial. OK, maybe the deal wasn't a good as folks hoped, but a 35% decline since the announcement seems a bit much.
And if he thinks he's going to walk away and get a job at some other biotech, he's wrong. His history at ROSG will ensure that his resume winds up in the trash.
Of course with ROSG's history and the weak BOD, it'll be difficult to find a replacement with any significant capability.
All of the miners are struggling, with many of them just at a small fraction of their price 2-3 years ago. Is there a bottom? Well perhaps MCP will provide some hope. While CLF continues to decline, MCP seems to have found a bottom and is actually up over the last few days.
So here it is 10 minutes before close and 15K shares on on the ask at 3.27. This on day when only 30K have traded. Are these folks idiots? What makes them think they can sell that many shares in a thin market?
CLF is up 4 cents. That has to make any short want to soil his pants. Of course we still have an hour in which to punish all those who held on when shares were 40 cents higher.
You'd think that rare metals would have a stronger market. Buying MCP at the current price is basically an option on survival.
Now the big ASKS are back and naturally price is moving lower. At some point people will get smart enough to ignore the volume and just do what makes fundamental sense.
I notice that since the halt, we're not seeing large volume bids and offers. Is this because there's too much emotion and the market right now cannot be manipulated by big buyers and sellers?
A sudden spurt to 8.49 and suddenly no trades. At the same time, big spreads on the options. I don't see the news, (always the last the know, I guess) so I'd appreciate some insight.
Shorts cover? No, it'll be longs happy to get out at a slightly lower loss if the price goes up a couple of percent. Sentiment has changed; it is now "reduce losses" as opposed to "make profits."
I don't understand why the value would be lower in the future. Since markets are future oriented, why wouldn't the price be 5 right now? If the future value is less than the current value, there is no reason to hold the stock.
Analysts provide free guidance, but the guidance isn't really free, is it?