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Post by bizinvestor on Apr 21, 2019 7:09:17 GMT -5
Couldn't find a thread to put this in so I created this one for my take on the future of Afrezza which I believe comes with pediatric approval. Afrezza is clearly a faster acting insulin that works for diabetics in a way that injections can't. However, throughout history people have always been slow to adapt to change even when it is in their best interest. It's a paradigm shift and all paradigm shifts don't happen over night. However, slowly but surely (Much slower than I ever anticipated) diabetics and docs alike are starting to see the amazing difference this drug and delivery platform are making in diabetics lives.
To me the exciting part of this is when the FDA approves this (and they certainly will) the ground work will have been laid and the name will be out. Not that it will be overnight but watch how fast Rx start to increase when not only you have a superior product but you give a child or their parent an option of ungodly amount of shots or a simple inhale and done. Afrezza then will become a household name. The problem of diabetics and docs never having heard of it will be a distant memory.
Getting to this point without having to dilute faithful longs, like myself, so much that break even becomes a lifetime is the concern. This product will make investors rich just not sure it will be so easy for those who have invested in this company before FDA approval.
Happy Easter to ALL!
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Post by mytakeonit on Apr 21, 2019 14:11:42 GMT -5
I guess paid shorts don't work on the weekend ... but, those egg farts will be back tomorrow.
As far as for me ... I have a new account for my wife and daughter set up to open tomorrow. Hopefully, I'll be able to load up with cheap shares. Why am I opening up another account? Because the maximum insurance will cover your share account up to $500,000. So, if you have 50,000 shares and the pps goes to $10 ... then you won't be covered above that. And yes, I also believe that "Paving the way for pediatrics" will give us a super boost !!!
But, that's mytakeonit
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Post by boca1girl on Apr 21, 2019 14:29:50 GMT -5
You should look at other brokerage firms to see if they have any limitations. I don’t believe that’s the case with Fidelity.
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Post by mytakeonit on Apr 21, 2019 15:24:56 GMT -5
They all do because it is Federal law. It really is crazy though because you can open multiple accounts to go around the barrier. Cash accounts is $250k ... and securities is $500k. It's more to insure yourself from the scammers and grab and run companies. Heck, who needs insurance from established organizations. Ha! And anyway ... it's only money. WHAT  !!! |
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Post by sportsrancho on Apr 21, 2019 17:39:25 GMT -5
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johny
Researcher
Posts: 87
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Post by johny on Apr 21, 2019 19:11:05 GMT -5
Minnesota Department of Human Services:mn.gov/dhs/partners-and-providers/policies-procedures/minnesota-health-care-programs/provider/types/rx/pa-criteria/afrezza.jsp
Approval criteria – Type 2 diabetes mellitusPatient or prescribing physician must meet all of the following criteria: Patient has a diagnosis of type 2 diabetes mellitus Patient must be 18 years of age or older Patient must be on two or more oral hypoglycemic agents concurrently Treatment with a prandial insulin has been initiated for at least 90 days or a documented intolerance or contraindication exists to prandial insulin (clinical notes documenting the intolerance or contraindication must be submitted with prior authorization request) Prescribing physician must make a statement of anticipated benefit and defines when efficacy will be re-evaluated Prescriber attests that the patient is a non-smoker or has stopped smoking for at least six months prior to request for Afrezza Patient has a compelling medical reason that prohibits him or her from self-injecting. (Dislike of injections is not sufficient)
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Someone on proboards once asked, something like, "why will approval for children be more successful than it has been for adults?" I don't think we have an answer for that yet. Your post is about us becoming rich in a matter of time. I posted the above just to put emphasis on "time."
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Post by boca1girl on Apr 21, 2019 21:27:09 GMT -5
They all do because it is Federal law. It really is crazy though because you can open multiple accounts to go around the barrier. Cash accounts is $250k ... and securities is $500k. It's more to insure yourself from the scammers and grab and run companies. Heck, who needs insurance from established organizations. Ha! And anyway ... it's only money. WHAT !!! I know this is off topic for the thread, but you really don’t need to worry about the $500k insured limit on your brokerage account. You should talk to your broker about excess SIPC insurance. Most brokers have protection known as “excess of SIPC insurance” which covers losses over and beyond SIPC limits ($550k). At TD Ameritrade, for example, clients have up to $151.5 million of protection in excess of SIPC limits, up to $500 million for all TD Ameritrade account holders. Ally Invest clients have up to $37.5 million of protection in excess of SIPC limits, up to $150 million for all of its customers. I could go on and on, but most brokers buy this excess insurance as an inexpensive way to give their clients peace of mind for a worst case. www.fool.com/the-ascent/buying-stocks/blog/brokerage-account-insurance-is-your-account-safe/ |
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Post by ktim on Apr 21, 2019 22:45:42 GMT -5
They all do because it is Federal law. It really is crazy though because you can open multiple accounts to go around the barrier. Cash accounts is $250k ... and securities is $500k. It's more to insure yourself from the scammers and grab and run companies. Heck, who needs insurance from established organizations. Ha! And anyway ... it's only money. WHAT !!! I know this is off topic for the thread, but you really don’t need to worry about the $500k insured limit on your brokerage account. You should talk to your broker about excess SIPC insurance. Most brokers have protection known as “excess of SIPC insurance” which covers losses over and beyond SIPC limits ($550k). At TD Ameritrade, for example, clients have up to $151.5 million of protection in excess of SIPC limits, up to $500 million for all TD Ameritrade account holders. Ally Invest clients have up to $37.5 million of protection in excess of SIPC limits, up to $150 million for all of its customers. I could go on and on, but most brokers buy this excess insurance as an inexpensive way to give their clients peace of mind for a worst case. www.fool.com/the-ascent/buying-stocks/blog/brokerage-account-insurance-is-your-account-safe/Good for everything other than a systemic meltdown that prior to 2008 I would not have worried about. Of course a financial crisis that would bankrupt these insurers would likely mean your stocks would have already lost a majority of their value. And one's mattress isn't really insured as a place to hide cash. |
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Post by mytakeonit on Apr 22, 2019 3:39:21 GMT -5
Thanks boca ... think I may be opening some accounts in Fidelity soon. I currently use E*Trade ... but they have higher commission rates and they have been a pain in my tooshie recently when I transfer cash and want to trade immediately. Seems to me that electronic transfer is immediate. BUT ... others may have differing opinions.
But, that's mytakeonit
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