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Post by bones1026 on May 30, 2017 21:07:31 GMT -5
Well said, Sports. I also don't understand what those who see the glass almost empty think they're contributing by bashing those of us with a more positive outlook. I think the issue has more to do with some equating others with less than 100% positive attitudes as being automatically short or fudsters. Don't think anybody is saying "less than 100% positivity" is a basher..but when people on here who claim to be shareholders ( regardless of the amount of shares owned)....whose comments consistently are perceived as being "non pro MNKD" 99% of the time..... it sure does make you wonder why they still "gamble" their money on on a company that they feel is not likely to succeed in the long run. Just never seemed logical to me..why spend so much of your time hear playing devils advocate on EVERY post that is made that points out anything positive related to the future of MNKD
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Post by uvula on May 30, 2017 21:21:03 GMT -5
I can't speak for anyone else but my investment has lost 94% of its value so there is no reason to sell it now. I'm still here because I hope this thing turns around. I am sure I post more negative stuff than positive stuff because my thoughts reflect the reality of what has been happening with the company for the past few years.
If I was able to do it all over again, I .......... No point in finishing the sentence because I can't change the past.
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Post by promann on May 30, 2017 21:31:12 GMT -5
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. And regardless of ones level of optimism about a turnaround... when dilution occurs I consider that losing. For people that bought in at the IPO, even if the company is successful they now own a much smaller piece of the MNKD pie. So unless you believe in a magical world where no matter how much dilution occurs, the potential for MNKD ultimate market cap expands to absorb the dilution, our positions have lost value because they have been diluted. I have to step in here, for the sake of share holders that are thinking of buying in here with possibly a great opportunity to make a lot of money. How can you say for certain that there will be a dilution? You say that like it is a sure thing that the stock price is going to suffer do to dilution. You have no idea weather that will occur or not so for the best interest of perspective buyers you should not be making false statements it's not what this forum is about and the monitors should take note.
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Post by mytakeonit on May 30, 2017 21:35:28 GMT -5
I can't speak for anyone else but my investment has lost 94% of its value so there is no reason to sell it now. I'm still here because I hope this thing turns around. I am sure I post more negative stuff than positive stuff because my thoughts reflect the reality of what has been happening with the company for the past few years. If I was able to do it all over again, I .......... No point in finishing the sentence because I can't change the past. Let me see ... $1.65/.06 = $27.50 ... if I am looking at this correctly, you bought in at $27.50/share? If so, you should average down what you can afford and be ready for the run up. Earlier in May would have been better ... but, you just have to decide when you want to gamble more. Good Luck on what you decide.
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Post by promann on May 30, 2017 21:40:16 GMT -5
I can't speak for anyone else but my investment has lost 94% of its value so there is no reason to sell it now. I'm still here because I hope this thing turns around. I am sure I post more negative stuff than positive stuff because my thoughts reflect the reality of what has been happening with the company for the past few years. If I was able to do it all over again, I .......... No point in finishing the sentence because I can't change the past. Let me see ... $1.65/.06 = $27.50 ... if I am looking at this correctly, you bought in at $27.50/share? If so, you should average down what you can afford and be ready for the run up. Earlier in May would have been better ... but, you just have to decide when you want to gamble more. Good Luck on what you decide. I'm also down 94% in one of my accounts and I started buying in at 3.00 up to 10.00 you are forgetting about the reverse split factor.
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Post by uvula on May 30, 2017 21:45:54 GMT -5
I can't speak for anyone else but my investment has lost 94% of its value so there is no reason to sell it now. I'm still here because I hope this thing turns around. I am sure I post more negative stuff than positive stuff because my thoughts reflect the reality of what has been happening with the company for the past few years. If I was able to do it all over again, I .......... No point in finishing the sentence because I can't change the past. Let me see ... $1.65/.06 = $27.50 ... if I am looking at this correctly, you bought in at $27.50/share? If so, you should average down what you can afford and be ready for the run up. Earlier in May would have been better ... but, you just have to decide when you want to gamble more. Good Luck on what you decide. Horrible advice. Averaging down only helps if the stock goes back up. Otherwise you will just end up losing more money. At least you acknowledge you are gambling and not investing. (As someone else mentioned you forgot the 5:1 split. Avg. price is around $5.50 pre split.)
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Post by mytakeonit on May 30, 2017 21:49:36 GMT -5
So average up ... or average down ... you make the choice promann. I didn't forget the RS, but it doesn't matter as long as we all know the rules of play. If you both want to sit at cost of $27.50 per share ... then great. I'm sure we'll pass that mark shortly. Maybe not as soon as others who have averaged down though.
BTW, I didn't understand your previous post. Better reread it and fix it. Or not.
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Post by promann on May 30, 2017 22:15:14 GMT -5
So average up ... or average down ... you make the choice promann. I didn't forget the RS, but it doesn't matter as long as we all know the rules of play. If you both want to sit at cost of $27.50 per share ... then great. I'm sure we'll pass that mark shortly. Maybe not as soon as others who have averaged down though. BTW, I didn't understand your previous post. Better reread it and fix it. Or not. I have been averaging down all the way.. I said that I was down 94% in that 1 account. Since then I have several other accounts that are doing a little better. BTW which post of mine don't you understand. I know I'm not the best at grammar but I think I do get my point across?
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Post by cretin11 on May 30, 2017 22:38:06 GMT -5
So average up ... or average down ... you make the choice promann. I didn't forget the RS, but it doesn't matter as long as we all know the rules of play. If you both want to sit at cost of $27.50 per share ... then great. I'm sure we'll pass that mark shortly. Maybe not as soon as others who have averaged down though. BTW, I didn't understand your previous post. Better reread it and fix it. Or not. His post seemed clear to me. You're "sure we'll pass that mark shortly"? What mark, $27.50?
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Post by cretin11 on May 30, 2017 22:42:07 GMT -5
And regardless of ones level of optimism about a turnaround... when dilution occurs I consider that losing. For people that bought in at the IPO, even if the company is successful they now own a much smaller piece of the MNKD pie. So unless you believe in a magical world where no matter how much dilution occurs, the potential for MNKD ultimate market cap expands to absorb the dilution, our positions have lost value because they have been diluted. I have to step in here, for the sake of share holders that are thinking of buying in here with possibly a great opportunity to make a lot of money. How can you say for certain that there will be a dilution? You say that like it is a sure thing that the stock price is going to suffer do to dilution. You have no idea weather that will occur or not so for the best interest of perspective buyers you should not be making false statements it's not what this forum is about and the monitors should take note. I think dbc's point is that there already has been dilution. It's a valid point.
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Post by gamblerjag on May 30, 2017 22:44:22 GMT -5
See all the confusion when we talk pre split.. All brokerage accounts have the 1 week, 1 mo 3 mos. 6 mos 1 year 2 year 5 year ....... accounting for post/split. I'm in at $9.40... FDA approval was about $40... SNY partnership brought pps to $55... and then we went all the way down to .66 now back to 1.70... guessing we are back to $25.00 by eoy if scripts increase/ new label and UAE.
Good luck.. and Good luck to the new MNKD TEAM!!!
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Post by mytakeonit on May 30, 2017 23:11:29 GMT -5
If today's price is at $1.65 and you're down 94% ... then your cost per share today is $27.50. That is what you have to get to to break even ... plus commissions.
gambler knows that today is all that matters.
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Post by uvula on May 30, 2017 23:16:47 GMT -5
Oh yes. I don't want to forget the $9 commission!
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Post by mnkdfann on May 30, 2017 23:19:31 GMT -5
And regardless of ones level of optimism about a turnaround... when dilution occurs I consider that losing. For people that bought in at the IPO, even if the company is successful they now own a much smaller piece of the MNKD pie. So unless you believe in a magical world where no matter how much dilution occurs, the potential for MNKD ultimate market cap expands to absorb the dilution, our positions have lost value because they have been diluted. I have to step in here, for the sake of share holders that are thinking of buying in here with possibly a great opportunity to make a lot of money. How can you say for certain that there will be a dilution? You say that like it is a sure thing that the stock price is going to suffer do to dilution. You have no idea weather that will occur or not so for the best interest of perspective buyers you should not be making false statements it's not what this forum is about and the monitors should take note. Have you looked at the recent financials? It's either dilution, bankruptcy, or going private. It is glaringly obvious. (None of that precludes MNKD eventually succeeding.) I include so-called 'non-dliutive rights offerings' in the above, because even those are truly dilutive (even though some advertise it otherwise). Mark my post for future reference, and flaunt it in my face if I am proven wrong.
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Post by brotherm1 on May 30, 2017 23:25:29 GMT -5
or more debt or debt and debt rearrangement, or a buyout or a partner with up front cash
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