does anyone really believe MNKD should be labeled a penny stock (less $5.00) other than #$%$ GS and dummy shorts? Nowhere else to go but up.
I have and I am in trade only mode. We are with plan one now, it will play out no matter what happens with time still on the table. Anyway you cut it, Walsh still needs to make this company as viable as possible. The stock will trade on this alone once price is low enough. It would have helped to have seen more debt bought back but they are not in any hurry.
the end game to me looks to be something to do with Mockett and Walsh with Hibu. I think they will roll it up with them after the debt is condensed to shareholder equity and finally fixed for good.
..I agree at 3 capitulation the buyers will come in even if MNKD stays quiet. GS games has been played and the news is on the verge even if MNKD keeps it's mouth shut.
If GS says this is going to three, it is going to three. They know MNKD will keep their mouths shut. Longs drown and shares are floating on the water and picked up by the shorts and GS in the aftermath. Then the news starts coming fast and furious. The true investor winners emerge. This is the game. It is a game of faith.
the price ooes up?
someone stay mega-short in a $5.00 stock like this? If it is just the soft launch and a timing thing, they must have a pipe to SNY insiders so as to know when to get out. Just guessing would be foolish. Why this extreme confidence?
one way to really screw the debt holders is to make them own the company in a Bk file. Always getting paid over and over again. It could be hardball here. Get the reorg done and out of the way get a little growth with cost savings get profitable No debt buyback, either extend or own. Spend the money on getting profitable and not on debt buys. If profitable with good cash flow, might even be able to do a refi.
ole gemffinder wrote a book on this recommendation in seeking alpa and he hit the wall, a complete sucker. Not the first though, these authors go on and on, research this, graph that and in the end are holding an empty bag. A caveman could have picked a better stock peeing on the Wall street Journal.
If it goes to $4.00 you could probably buy it at around 3.50ish. Breaking down below $5 is a big deal and a debt buyback will cause price to go up again.
..my guess is you will see the stock price of MNKD hit $10 this summer. By summer something is going to get released while you are at the ocean enjoying a vacation.
and the world knows nothing about it yet! And the shorts continue to strangle the longs in this stock because of this very fact. They will continue to strangle until MNKD is finally found out.
yep, I like those numbers too. MNKD will be a fun stock to own when the scripts start booming and the market starts sniffing out this very story and shorts have to exit. Afrezza will be the fuse that gets things started.
$2.00 a share. MNKD + $30. a share, easy.
..always sell when these creeps say buy because the stock is top of the cycle and buy when they say sell as the the stock is near bottom of cycle. Good post, "we steal it"