|
Post by dreamboatcruise on May 30, 2017 14:05:20 GMT -5
Never invest what you are not willing to lose. "You really do a horrible disservice to people that may be considering MNKD as an investment." This works both ways. Not fully understanding of the potential can be just as horrible. Many of us are now living in the post pension world of defined contribution retirements. It would be nice if I never had to put at risk money that I actually need, but alas I do... as do many, many others. "Never gamble what you are not willing (able) to lose" might be the better phrase... and realize that MNKD is certainly more of a gambling activity than an investing activity. I own MNKD and while I did make the mistake and have lost more than I should have, I am no longer repeating that mistake. The amount of money I now have at risk is at a level that will not inflict further financial blow if it disappears... and I am using options to provide some leverage and hedging. I also do not buy into the notion that not fully understanding potential can be as bad. For many investing retirement money should primarily be about capital preservation first and foremost. Additionally... at least here on Proboards I don't see people disagreeing with the "potential" of Afrezza. It could be a vicious, painful financial trap, however, if you think great "potential" is all that is needed to avoid bankruptcy, devastating dilution or buyout at fire sale price. Understanding potential has to be balanced by understanding the risk. My problem with the start of this thread is it is someone only wishing to look at theoretical potential and not only ignore risk but preemptively trying to discredit anyone pointing out the reality of risk. Look at my posts over the several years I've been here an you'll see I recognize the potential of Afrezza as much as anyone. I've known of Al and MNKD since a little before MNKD IPO.
|
|
|
Post by dreamboatcruise on May 30, 2017 14:11:33 GMT -5
A company that has never had a profitable quarter is a start up in my book. Creating a product is an important step, but I think by any rational consideration, creating a market for the product is always considered part of creating an ongoing company. You can't constantly be burning through other peoples' money. So your a buyer today. Excellent!! I did do an option strangle trade a few weeks ago... which you can find in my activity history was revealed. Given ongoing attacks trying to claim those pointing out reality are shorts... I try to be transparent in my interests. That strangle wouldn't make me money if there is a bankruptcy but the puts would cover the cost of the calls, so lots of upside and greatly minimized downside. I've thought about another similar trade, though economics of it aren't looking as good currently IMO. But, no, today's news is now giving me pause. I'm not sure how to take it, but I am worried that it may mean a reduced likelihood of a partnership deal being imminent... though I never thought it would be a monumental deal with huge upfront.
|
|
|
Post by akemp3000 on May 30, 2017 14:23:50 GMT -5
Mea culpa. While I've always considered myself to be a contrarian who often chooses to post for balance when MNKD negativity gets overwhelming, a few see it as pumping though I always try to share a positive perspective for discussion. That said, I'll make my first recommendation ever and suggest that everyone sell leaving me and a few select others on this board to hang around to pick up the pieces and see what happens next. This should seem reasonable to those convinced bankruptcy is coming. After all, they shouldn't stick around just to lose money. Now that would be a doosy...oops, doozy
|
|
|
Post by nylefty on May 30, 2017 14:59:01 GMT -5
Interesting that akemp3000's optimistic post that began this thread has received 19 Likes while dreamboatcruise's personal attack in response has received only one.
|
|
|
Post by mytakeonit on May 30, 2017 15:03:05 GMT -5
People have been saying that the share price is down 92% since Matt took over. Nate says that he sees a 300 bagger coming. So that means that going from $2 to $4 will make this all seem like a "pffffttt in the wind". Did I spell that correctly? Or, smell that correctly?
|
|
|
Post by mnholdem on May 30, 2017 15:08:11 GMT -5
I think that may be a sound associated with cannabis.
|
|
|
Post by myocat on May 30, 2017 15:27:50 GMT -5
People need to give MNKD time to get traction. It is not a marketing but a drug developing company. The colossal mistake was believing SNY to sell the drug that compete with SNY's own arsonal of diabetes drugs.
Afrezza needs new sale force the miracle of time. MNKD is one with the force and the force is with MNKD
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on May 30, 2017 15:44:27 GMT -5
Never invest what you are not willing to lose. "You really do a horrible disservice to people that may be considering MNKD as an investment." This works both ways. Not fully understanding of the potential can be just as horrible. lol 90% on this board lost more then they can afford to lose
|
|
|
Post by ptass on May 30, 2017 15:47:26 GMT -5
If the company was seriouly contemplating chapter 11, I doubt they would have made the May debt payment. Not saying it's no possible just companies dont do this when BK is 3 months away. On the otherhand, Matt leaving could be associated with some deal or financing failure that didnt
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on May 30, 2017 15:54:32 GMT -5
If the company was seriouly contemplating chapter 11, I doubt they would have made the May debt payment. Not saying it's no possible just companies dont do this when BK is 3 months away. On the otherhand, Matt leaving could be associated with some deal or financing failure that didnt Or a phrase after a CC. Our ceo's sure know how to close a conference call and inspire pure confidence.
|
|
|
Post by nylefty on May 30, 2017 15:55:31 GMT -5
Never invest what you are not willing to lose. "You really do a horrible disservice to people that may be considering MNKD as an investment." This works both ways. Not fully understanding of the potential can be just as horrible. lol 90% on this board lost more then they can afford to lose I haven't "lost" a penny because I haven't sold as I averaged down. You're mostly talking about paper losses, which may or may not turn into real losses.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on May 30, 2017 16:00:49 GMT -5
lol 90% on this board lost more then they can afford to lose I haven't "lost" a penny because I haven't sold as I averaged down. You're mostly talking about paper losses, which may or may not turn into real losses. Thanks for the outdated investing lesson.
|
|
|
Post by uvula on May 30, 2017 16:07:10 GMT -5
I also have a serious problem with akemp's post - "doosy" is not spelled correctly, it's "doozy." Akemp, you've been warned!! I saw that too, it upset me so bad I had to leave the board for a bit. akemp, always trying to make me lose money 💰 or flunk my spelling test. 😂 For the first time ever I know more than other people on this board. The original spelling is "duesy". The other spellings are a result of so many people spelling it wrong. It is named after the Duesenberg - the greatest American car company ever.
|
|
|
Post by mytakeonit on May 30, 2017 16:36:34 GMT -5
Isn't "duesy" what you pay to stay in this mad clubhouse?
|
|
|
Post by dreamboatcruise on May 30, 2017 16:54:57 GMT -5
Interesting that akemp3000's optimistic post that began this thread has received 19 Likes while dreamboatcruise's personal attack in response has received only one. Yes, this board has become increasingly tilted to people that wish to only pump. Attacks on those that were validly pointing out risks, such as real prospect of SNY calling off the partnership, ran many of them away. At the time a poster like akemp claiming SNY's behavior was some master plan with a multibillion buyout of MNKD in the works would have garnered a TON of thumbs up and anyone saying that was BS would have been attacked. And a lot of people lost tons of money and will have negative life consequences because of listening to those that downplayed risk and attacked those trying to present a balanced view of reality... often attacked with that label akemp loves to use "fudster". I'm not in a personality contest. If I were I'd know exactly how to do it... be disingenuous and ignore reality.
|
|