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Post by harryx1 on Oct 1, 2015 7:40:10 GMT -5
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Post by mssciguy on Oct 1, 2015 8:00:16 GMT -5
Same way AF (Poli Sci also, right?) is a biotech expert. Just pay your $10 for a stack of business cards
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Post by als57 on Oct 1, 2015 8:01:56 GMT -5
To me the most disturbing news of layoffs at Danbury is managements lack of candor with investors. The same holds for information on how the convertible note fiasco has been handled now that it's past the timeline.
Its looking more and more that Greenhill Assc have sold Mannkind a "bill of goods" with the selection of Sanofi. Would be interesting who did the analysis from Mannkind to protect the company from the "soft launch" attack by Sanofi. More and more it's becoming clear that Matt is and has been-in over his head. He has been a good companion for Al, but beyond that based on his background and Hakan's it will be a miracle if the Sanofi induced tailspin, Mannkind is able to recover and land safely!
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Post by Deleted on Oct 1, 2015 8:10:45 GMT -5
Sorry, but this thread is getting out of control. Unless there is an official announcement, I will not read too much into this 'news'.
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Post by newmnkdinvestor on Oct 1, 2015 8:21:38 GMT -5
As some one who runs their own business I agree that you don't blow money on anything. Its a ll about the bottom line. I mail a lot of documents for my job. I ended up getting a stamp machine through stamp.com. I think the service was 15.99 a month. I can't remember what I had to pay for the stamp sheets but doing it at home was costing me more money. Maybe $25 bucks more. I said to myself the post office is right there. Why waste $25 and it was easier to just get them from the machine. Obviously 130 peoples salaries are a lot more money.
I am starting to realize Matt is very good at spinning things in a manner that does not sound negative. I am going to see how this plays out the next couple of days but I have to much money out there based of early adopters reviews and the way everything has played out thats the only positive to really go off of.
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Post by Chris-C on Oct 1, 2015 8:25:28 GMT -5
My recommendation is take three deep breaths, carefully re-read the actual article from the local business journal written by the political reporter and find something meaningful to focus on until the next quarterly earnings call. The use of the misleading headline words "third round" is the key.
If it is deemed material by MNKD, a press release will appear. Unless that occurs, the lack of specifics in this report constitutes vague and unbalanced reporting that should be treated in the same way as other FUD.
The short sided shills don't need our help.
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Post by monetpenet on Oct 1, 2015 8:28:14 GMT -5
As some one who runs their own business I agree that you don't blow money on anything. Its a ll about the bottom line. I mail a lot of documents for my job. I ended up getting a stamp machine through stamp.com. I think the service was 15.99 a month. I can't remember what I had to pay for the stamp sheets but doing it at home was costing me more money. Maybe $25 bucks more. I said to myself the post office is right there. Why waste $25 and it was easier to just get them from the machine. Obviously 130 peoples salaries are a lot more money. I am starting to realize Matt is very good at spinning things in a manner that does not sound negative. I am going to see how this plays out the next couple of days but I have to much money out there based of early adopters reviews and the way everything has played out thats the only positive to really go off of. Matt is very good at spinning things in a manner that tanks the stock, as well. Unfortunately
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Post by nemzter on Oct 1, 2015 8:37:05 GMT -5
It surprised me that he didn't attribute the layoffs to stock holders who are lending their shares for shorting. This management team always does what they do best, deflect the blame somewhere else. I can't wait for Al to sell this company and close out. I'd be happy with $15/share and move on.
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Post by ricguy on Oct 1, 2015 8:44:26 GMT -5
This may sound counterintuitive but who wasn't expecting this? The sales suck, the convertible turned into a fiasco and the workers aren't, for now needed. Why the surprise? I think most are more worried about effect on share price than on overall cost benefit to Mannkind long term. I personally welcome sound financial management and would have been more worried if they kept on workers that aren't needed. No? Will this be used by bashers? Obviously. Will it hurt Mannkinds long term sales prospects? No. Apparently nobody on this board was expecting this except myself and the newbie from the Sanofi Insulin thread who got torn to shreds... I think the writing was on the wall, but it says something about the jaded outlook and rose colored glasses on this board that YMB was able to provide this info as fact before anyone here would even consider it. Tisk tisk. Exactly harrys but the article was unfair and unbalanced! ;-) sarcasm. Anyone who says "who wasn't expecting this" should read this board and the comments again when the "rumor" first came out. oh and again now the article is written by a political guy and unbalanced, lol. But I feel fine since we are in a "soft" launch and everything is brilliant! Squirrel!
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Post by newmnkdinvestor on Oct 1, 2015 8:45:22 GMT -5
Hasn't the Danbury times been more of a positive news source for MNKD in the past?
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Post by Deleted on Oct 1, 2015 8:49:18 GMT -5
My recommendation is take three deep breaths, carefully re-read the actual article from the local business journal written by the political reporter and find something meaningful to focus on until the next quarterly earnings call. The use of the misleading headline words "third round" is the key. If it is deemed material by MNKD, a press release will appear. Unless that occurs, the lack of specifics in this report constitutes vague and unbalanced reporting that should be treated in the same way as other FUD. The short sided shills don't need our help. Well said!
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Post by ezrasfund on Oct 1, 2015 8:54:32 GMT -5
As some one who runs their own business I agree that you don't blow money on anything. Its a ll about the bottom line. I mail a lot of documents for my job. I ended up getting a stamp machine through stamp.com. I think the service was 15.99 a month. I can't remember what I had to pay for the stamp sheets but doing it at home was costing me more money. Maybe $25 bucks more. I said to myself the post office is right there. Why waste $25 and it was easier to just get them from the machine. Obviously 130 peoples salaries are a lot more money. I am starting to realize Matt is very good at spinning things in a manner that does not sound negative. I am going to see how this plays out the next couple of days but I have to much money out there based of early adopters reviews and the way everything has played out thats the only positive to really go off of. The 130 layoffs were in 2011 after the 2nd CRL. Here is the last line from yesterday's article. "Others laid off at the California facility, he said, are being replaced with new hires at the Danbury plant." Trading volume remains low this morning.
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Post by bradleysbest on Oct 1, 2015 8:56:00 GMT -5
MNKD management needs to speak & clarify this. Where is Al ? This is his baby & not a word from him....
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Post by nuklerfizzacist on Oct 1, 2015 8:56:16 GMT -5
Lurkervision: I've read and reread the news article and I'm not really picking up on the negativity in it. I even noted they wrote that jobs were being added in Danbury. Methinks we're all a little tense due to the current sp and constant bashing...it still all boils down to the product and it is good. Till my next transmission from lurkerville..cheers. nuk
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Post by kball on Oct 1, 2015 8:58:29 GMT -5
Who among us has the balls to load up the truck now?? My last purchase was 2 weeks ago and I'm spent.
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