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Post by sportsrancho on Oct 10, 2017 14:02:07 GMT -5
Holdem and DBC are at odds here. I would call on our resident expert, Sports, to settle this up! I think the analyst meant break even for the year 2020 (their P&L statement), presumably with the company going to positive earnings thereafter. "Hopefully that is a very conservative call giving him room to make increasingly bullish calls over time." I don't think any of the bullish calls are conservative, just look at the difference between Nate and Fueurstein, for example, remind you of anything? Dems and Repubs maybe - One says white, the other says black, regardless of what they really think. To get a headline, you need to be over the top these days. All this for a label? I don't think so. Is this a test question? Ha.... Let’s see..mnholdem, DBC, mnholdem, DBC? Need you ask:-) I think Nate has always been conservative on his calls. And right all along! |
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Post by mnholdem on Oct 10, 2017 15:22:39 GMT -5
DBC may be basing his analysis on the author's estimated $725M in domestic sales, perhaps not considering that by 4Q20 Afrezza will be global. Net margin is currently 70% with a severely under utilized plant. As sales ramp up margins will get even better, IMO.
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Post by dreamboatcruise on Oct 10, 2017 15:46:59 GMT -5
Holdem and DBC are at odds here. I would call on our resident expert, Sports, to settle this up! I think the analyst meant break even for the year 2020 (their P&L statement), presumably with the company going to positive earnings thereafter. "Hopefully that is a very conservative call giving him room to make increasingly bullish calls over time." I don't think any of the bullish calls are conservative, just look at the difference between Nate and Fueurstein, for example, remind you of anything? Dems and Repubs maybe - One says white, the other says black, regardless of what they really think. To get a headline, you need to be over the top these days. All this for a label? I don't think so. Assuming my interpretation, which you seem to agree with, that break even simply means P&L profitability, I think saying end of 2020 is conservative rather than aggressive. Obviously no way of knowing how much they would increase burn with sales, marketing, new Afrezza trials and pipeline development, but I am guessing at current burn we'd reach profitability in 2019 not 2020. That's assuming insurance improvement and growing awareness kick in to provide modest acceleration in new doctors being added to prescribing base, which I think will happen. None of the stock valuations given by the bulls would I categorize as "conservative" because there still is unknown level of solvency risk. I personally think it is nearly impossible to state a fair value for the current situation. To pick a value I'd have to attach the caveat "ignoring risks of running out of cash or dilution"... and attaching that caveat certainly is not "conservative". With that caveat I think the $4 and now $7 target of Maxim are low... and I suspect $4 was chosen not to be over the top but to seem plausible and then give room to increase. I'd be willing to bet he'd bump again on no news if the share price exceeds $7. If you're calling in Sports to referee... this lizard is finding the nearest rock to hide under  |
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Post by mytakeonit on Oct 10, 2017 15:50:37 GMT -5
dbc - sports is probably looking for a rock right now ... to drop on you so you can hide under it. LOL
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Post by dreamboatcruise on Oct 10, 2017 16:00:37 GMT -5
DBC may be basing his analysis on the author's estimated $725M in domestic sales, perhaps not considering that by 4Q20 Afrezza will be global. Net margin is currently 70% with a severely under utilized plant. As sales ramp up margins will get even better, IMO. True, I was not considering global. That would make the analysis a lot more complicated estimating when we'll first get approval and how quickly sales might ramp... and what price/margins we'd get (far lower margins in many countries). You might consider Brazil since it will obviously be the first. Have we yet submitted for approval? How long does regulatory deliberation take? How rapidly can sales ramp thereafter? What price might it sell for? But I think I'll simply stand on the fact that, without actually stating it as such, Baba is agreeing with my interpretation that what was meant is P&L profitability not recouping all retained losses on Afrezza development. Baba is a wise man after all. Maybe Baba and I could take you and Sports on in arm wrestling to settle this, as long as Baba is willing to face sports... I don't want to be hurt. |
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Post by sportsrancho on Oct 10, 2017 16:01:41 GMT -5
dbc - sports is probably looking for a rock right now ... to drop on you so you can hide under it. LOL Since he loves balance so much I’m looking for one to put on his head until we reach $20:-) |
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Post by timri on Oct 11, 2017 3:28:08 GMT -5
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Post by bundy on Oct 11, 2017 3:42:53 GMT -5
I've been on the wrong end of it pumping and hype many times but It's funny how wainwright can pump it and set target for $7 then we find out it's them doing a deal at $6 and I'm actually on the positive side of things for once. Things must be turning around!  |
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Post by porkini on Oct 11, 2017 8:48:10 GMT -5
I've been on the wrong end of it pumping and hype many times but It's funny how wainwright can pump it and set target for $7 then we find out it's them doing a deal at $6 and I'm actually on the positive side of things for once. Things must be turning around! Not that this proves anything regarding Wainwright, but JDRF is one of the organizations prominently displayed on their Charitable Activities page - see www.hcwainwright.com/charitable-activities |
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Post by patten1962 on Oct 11, 2017 11:30:44 GMT -5
I understand no one has an answer, Just wondering when we will get some coverage from some bigger name players? Not Even saying that they should say "buy" How about just coverage initiated?
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Post by Deleted on Oct 11, 2017 11:35:23 GMT -5
I understand no one has an answer, Just wondering when we will get some coverage from some bigger name players? Not Even saying that they should say "buy" How about just coverage initiated? When shorts have covered. |
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Post by kc on Oct 11, 2017 16:31:10 GMT -5
Who is Edward D. Silvera seems he is a smart young Wall Street guy. / only 7 years out of Law school.
Experience
H.C. Wainwright & Co., LLC
Supervisory Head of Investment Banking & Chief Operating Officer
Company Name
H.C. Wainwright & Co., LLC
Dates Employed
May 2016 – Jan 2017
Employment Duration
•9 mos
Location
New York, NY
H.C. Wainwright & Co., LLC
Chief Compliance Officer
Company Name
H.C. Wainwright & Co., LLC
Dates Employed
Jun 2014 – May 2016
Employment Duration
•2 yrs
Location
New York, NY
Series 7, 63, 24, 79, 87 certified.
H.C. Wainwright & Co., LLC
Associate - Legal & Compliance
Company Name
H.C. Wainwright & Co., LLC
Dates Employed
Jun 2013 – Jun 2014
Employment Duration
•1 yr 1 mo
Location
New York, New York
Global Fund Exchange Ltd.
Trading and Settlements, Manager
Company Name
Global Fund Exchange Ltd.
Dates Employed
Nov 2011 – Jun 2013
Employment Duration
•1 yr 8 mos
Location
Oyster Bay, NY
• Report directly to CEO and Chairman.
• Instituted repeatable control design for subscription-redemption processes at multi-manager fund of hedge funds to optimize accuracy of trades pursuant to underlying offshore investment offering memoranda.
• Serve as subject matter expert on underlying funds’ terms of liquidity, synthesizing legal issues for CEO and Chairman.
• Manage project execution for internal compliance procedures and employee processes. Originated and handle regular performance and trading analytic reports for internal NAV disparity, redemption audits and weekly-monthly valuations.
• Apply qualitative and legal analysis on offering memoranda, subscription documents, relevant regulation and due diligence questionnaires of prospective offshore hedge funds and ETFs within niche sectors of agriculture, clean energy, energy, natural resources and water.
• Conduct research for CEO and Chairman on Investment Advisers Act of 1940, Investment Company Act of 1940, Dodd-Frank, SEC Registration, Form PF and Form ADV, JOBS Act, CAIA due diligence questionnaires and mutual fund/UCIT regulation domestically and offshore (i.e., Cayman Islands, BVI, Ireland, Singapore).
• Work closely with Comptroller liaising between independent auditor and underlying funds to compile hedge fund investment confirms, audited financials, LOAs, and executive broker letters.
• Authored sales processes and drafted over 12 investment proposals for sovereign wealth funds and institutional investors.
• Draft non-disclosure agreements, third party marketer agreements, website disclosures and factsheet waivers.
• Track daily fund performance compared to benchmarks.
Judge Stuart M. Bernstein, U.S. Bankruptcy Court, Southern District of New York
Summer Intern
Company Name
Judge Stuart M. Bernstein, U.S. Bankruptcy Court, Southern District of New York
Dates Employed
Jun 2010 – Aug 2010
Employment Duration
•3 mos
Organized, researched, and drafted opinion segments and memoranda of law. Synthesized transcripts and trial evidence for opinions. Performed extensive cite-checking for opinion drafts. Observed hearings and trials on a variety of matters, including Chapter 11 restructurings, Chapter 7 liquidations, and Chapter 15 international bankruptcies. Debriefed with law clerks following trials, hearings, and adversary proceedings. Attended weekly summer intern course taught by Judge Robert E. Gerber.
Education
Syracuse University College of Law
Syracuse University College of Law
Degree Name
J.D,
Field Of Study
Law
Dates attended or expected graduation
2009 – 2011
Alternative Dispute Resolution Club
Treasurer (2009–11), Coach- Securities Dispute (2010)
Coach- ABA Negotiation (2010), College Champion- In-House Tournament (2009)
Securities Arbitration and Consumer Law Clinic, Student-Attorney (Spring 2011)
Student Bar Association, Treasurer (2010–11), 2L Senator & Community Service Committee (2009–10)
Pro Bono Bankruptcy Program, Participant (2009–10)
Corporate Law Society, Vice President (2009–10)
Jewish Law Student Association, President (2010–11), Vice President (2009–10)
Brandeis University
Brandeis University
Degree Name
B.A,
Field Of Study
American Studies
Dates attended or expected graduation
2004 – 2008
Dean’s List, 3 semesters
Alpha Epsilon Pi Fraternity, Lambda Beta Chapter, 4 positions
Business Club, Vice President of Marketing
Mosaic Program, Ambassador
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Post by patten1962 on Oct 17, 2017 5:59:38 GMT -5
Who is Edward D. Silvera seems he is a smart young Wall Street guy. / only 7 years out of Law school.
Experience
H.C. Wainwright & Co., LLC
Supervisory Head of Investment Banking & Chief Operating Officer
Company Name
H.C. Wainwright & Co., LLC
Dates Employed
May 2016 – Jan 2017
Employment Duration
•9 mos
Location
New York, NY
H.C. Wainwright & Co., LLC
Chief Compliance Officer
Company Name
H.C. Wainwright & Co., LLC
Dates Employed
Jun 2014 – May 2016
Employment Duration
•2 yrs
Location
New York, NY
Series 7, 63, 24, 79, 87 certified.
H.C. Wainwright & Co., LLC
Associate - Legal & Compliance
Company Name
H.C. Wainwright & Co., LLC
Dates Employed
Jun 2013 – Jun 2014
Employment Duration
•1 yr 1 mo
Location
New York, New York
Global Fund Exchange Ltd.
Trading and Settlements, Manager
Company Name
Global Fund Exchange Ltd.
Dates Employed
Nov 2011 – Jun 2013
Employment Duration
•1 yr 8 mos
Location
Oyster Bay, NY
• Report directly to CEO and Chairman.
• Instituted repeatable control design for subscription-redemption processes at multi-manager fund of hedge funds to optimize accuracy of trades pursuant to underlying offshore investment offering memoranda.
• Serve as subject matter expert on underlying funds’ terms of liquidity, synthesizing legal issues for CEO and Chairman.
• Manage project execution for internal compliance procedures and employee processes. Originated and handle regular performance and trading analytic reports for internal NAV disparity, redemption audits and weekly-monthly valuations.
• Apply qualitative and legal analysis on offering memoranda, subscription documents, relevant regulation and due diligence questionnaires of prospective offshore hedge funds and ETFs within niche sectors of agriculture, clean energy, energy, natural resources and water.
• Conduct research for CEO and Chairman on Investment Advisers Act of 1940, Investment Company Act of 1940, Dodd-Frank, SEC Registration, Form PF and Form ADV, JOBS Act, CAIA due diligence questionnaires and mutual fund/UCIT regulation domestically and offshore (i.e., Cayman Islands, BVI, Ireland, Singapore).
• Work closely with Comptroller liaising between independent auditor and underlying funds to compile hedge fund investment confirms, audited financials, LOAs, and executive broker letters.
• Authored sales processes and drafted over 12 investment proposals for sovereign wealth funds and institutional investors.
• Draft non-disclosure agreements, third party marketer agreements, website disclosures and factsheet waivers.
• Track daily fund performance compared to benchmarks.
Judge Stuart M. Bernstein, U.S. Bankruptcy Court, Southern District of New York
Summer Intern
Company Name
Judge Stuart M. Bernstein, U.S. Bankruptcy Court, Southern District of New York
Dates Employed
Jun 2010 – Aug 2010
Employment Duration
•3 mos
Organized, researched, and drafted opinion segments and memoranda of law. Synthesized transcripts and trial evidence for opinions. Performed extensive cite-checking for opinion drafts. Observed hearings and trials on a variety of matters, including Chapter 11 restructurings, Chapter 7 liquidations, and Chapter 15 international bankruptcies. Debriefed with law clerks following trials, hearings, and adversary proceedings. Attended weekly summer intern course taught by Judge Robert E. Gerber.
Education
Syracuse University College of Law
Syracuse University College of Law
Degree Name
J.D,
Field Of Study
Law
Dates attended or expected graduation
2009 – 2011
Alternative Dispute Resolution Club
Treasurer (2009–11), Coach- Securities Dispute (2010)
Coach- ABA Negotiation (2010), College Champion- In-House Tournament (2009)
Securities Arbitration and Consumer Law Clinic, Student-Attorney (Spring 2011)
Student Bar Association, Treasurer (2010–11), 2L Senator & Community Service Committee (2009–10)
Pro Bono Bankruptcy Program, Participant (2009–10)
Corporate Law Society, Vice President (2009–10)
Jewish Law Student Association, President (2010–11), Vice President (2009–10)
Brandeis University
Brandeis University
Degree Name
B.A,
Field Of Study
American Studies
Dates attended or expected graduation
2004 – 2008
Dean’s List, 3 semesters
Alpha Epsilon Pi Fraternity, Lambda Beta Chapter, 4 positions
Business Club, Vice President of Marketing
Mosaic Program, Ambassador
Now that we are over $5 a share, is it not reasonable to think that some institutions will initiate coverage? |
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Post by porkini on Oct 17, 2017 7:34:35 GMT -5
Now that we are over $5 a share, is it not reasonable to think that some institutions will initiate coverage? I don't know how institutions handle this, but if it were me I would want to see that kind of price performance for some period of time like 30 consecutive days or average that price for some period. That is for an institution that is responsible for a lot of investor's monies. Individuals, please invest accordingly! |
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Post by slugworth008 on Oct 17, 2017 9:46:34 GMT -5
Holdem and DBC are at odds here. I would call on our resident expert, Sports, to settle this up! I think the analyst meant break even for the year 2020 (their P&L statement), presumably with the company going to positive earnings thereafter. "Hopefully that is a very conservative call giving him room to make increasingly bullish calls over time." I don't think any of the bullish calls are conservative, just look at the difference between Nate and Fueurstein, for example, remind you of anything? Dems and Repubs maybe - One says white, the other says black, regardless of what they really think. To get a headline, you need to be over the top these days. All this for a label? I don't think so. It doesn't matter. AMGEN will have acquired MNKD long before then |
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