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Post by timri on Dec 18, 2017 11:44:38 GMT -5
I’m pretty sick of threads like this over the last 5 years. Why can’t we have a sustained Gains and cut this manipulation crap out.A A little venting never hurt anyone. There's plenty of positive commentary here, including from yours from time to time. Sorry bud didn’t mean to come off as you shouldn’t be posting about the dip. we should talk about it. I was referring more to the share price and how we can never sustain gains. Just a frustrating day for all.
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Post by thekindaguyiyam on Dec 18, 2017 11:47:45 GMT -5
The rundowns like this are almost ALWAYS accompanied by a doomsday scenario written by Seeking Alpha or Motley Fool. Todays article "MannKind: The Postmortem Is Available" by seeking Diogenes is more of the same. Someone NOT well researched in these attacks might claim that the downward movement is the "reason" for the steep downturn. I do not. It's more like a smokescreen for a short organized hit with the article left to be a smoking gun. Such bullshit. These articles give reason for the hit after the hit has taken place or is just about to. Nothing here to see other than organized short selling. FUD
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Post by cjm18 on Dec 18, 2017 12:08:21 GMT -5
The good. Has this stock ever been more undervalued? We have cash. A label change. Advertising. Stat study soon. A better looking debt picture thanks negotiations with deerfield.
The bad. None of the good matters without using the authorized shares for some partnership or investment. We need a partnership that takes Dilution off the table for a year and accelerates afrezza script growth.
The ugly. The past is ugly. Afrezza sales. All of it. The latest hit piece is textbook rear view investing.
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Post by pantaloons on Dec 18, 2017 12:09:08 GMT -5
I believe short sellers are basically calling all Castagna's promises a bluff, continuing to add to their positions and reinforcing their beliefs the company is failing. The only way the bleeding stops is with concrete news on multiple efforts including additional recapitalization, international partnership, and next steps with one drop and receptor - or significantly higher growth in scripts than what we are seeing today. Many including myself thought there would news coming out of the authorization vote. That has not happened yet - and if Mike really has nothing else to say than what is happening is a totally fair reaction. Yeah, I can see shorts thinking about upcoming dilution (although, as far as I know, MNKD still has ~6 months of cash on hand) as an easy way to close out a larger short position. Probably index funds are making more shares available to short with cheaply, right now. Todays decline comes with higher volume. Short are borrowing and selling. We'll see if the cost to borrow goes up at all. I'm sure Mike C is aware of all this, but whether he has the good news to combat this is another story. And even if he does, now might not be the right time. Regional ads probably need more time to take effect in actual sales. Early reporting of half-baked results could do more harm than good. Same with the STAT study, or TREP-T progress, or whatever. I think we're in for a slow decline until there is good news. Although the low PPS may make the stock attractive all by itself. But the only good news I think we might see in the near future is Friday's scripts. I don't see anything coming from MNKD until Jan. But I don't even have a crystal ball, much less any inside info This is why I think it's unusual that MNKD management decided to hold the vote for authorization of shares at this time. Unless there was an immediate urgency to authorize shares, it should have been held off until there was material news/event that would prop up share price... after all, the effectiveness of these shares depends on share price. This is a very unusual strategy, to say the least.
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Post by cjm18 on Dec 18, 2017 12:14:24 GMT -5
Yeah, I can see shorts thinking about upcoming dilution (although, as far as I know, MNKD still has ~6 months of cash on hand) as an easy way to close out a larger short position. Probably index funds are making more shares available to short with cheaply, right now. Todays decline comes with higher volume. Short are borrowing and selling. We'll see if the cost to borrow goes up at all. I'm sure Mike C is aware of all this, but whether he has the good news to combat this is another story. And even if he does, now might not be the right time. Regional ads probably need more time to take effect in actual sales. Early reporting of half-baked results could do more harm than good. Same with the STAT study, or TREP-T progress, or whatever. I think we're in for a slow decline until there is good news. Although the low PPS may make the stock attractive all by itself. But the only good news I think we might see in the near future is Friday's scripts. I don't see anything coming from MNKD until Jan. But I don't even have a crystal ball, much less any inside info This is why I think it's unusual that MNKD management decided to hold the vote for authorization of shares at this time. Unless there was an immediate urgency to authorize shares, it should have been held off until there was material news/event that would prop up share price... after all, the effectiveness of these shares depends on share price. This is a very unusual strategy, to say the least. Perhaps (wishful thinking) any sort of deal is agreed upon at share price x long before an official announcement. Early January will be interesting.
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Post by tiberious on Dec 18, 2017 12:22:16 GMT -5
I’m pretty sick of threads like this over the last 5 years. Why can’t we have a sustained Gains and cut this manipulation crap out. Without promotion, something terrible happens... nothing! - PT Barnum now that promotional activities have begun we can only hope that it's not too little too late. That said, I would like to see some other promotional activities going on kind of like the EXACT OPPOSITE of Hakan's performance right after approval when it was at 11X5 or $55 video.foxbusiness.com/v/3651832128001/?playlist_id=937116503001#sp=show-clipsHow about some new promotion spots with Mike C or the new CMO if the spot is filled. They should bring back Peter Richardson for CMO IMHO, great promoter.
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Post by madog365 on Dec 18, 2017 12:35:07 GMT -5
Yeah, I can see shorts thinking about upcoming dilution (although, as far as I know, MNKD still has ~6 months of cash on hand) as an easy way to close out a larger short position. Probably index funds are making more shares available to short with cheaply, right now. Todays decline comes with higher volume. Short are borrowing and selling. We'll see if the cost to borrow goes up at all. I'm sure Mike C is aware of all this, but whether he has the good news to combat this is another story. And even if he does, now might not be the right time. Regional ads probably need more time to take effect in actual sales. Early reporting of half-baked results could do more harm than good. Same with the STAT study, or TREP-T progress, or whatever. I think we're in for a slow decline until there is good news. Although the low PPS may make the stock attractive all by itself. But the only good news I think we might see in the near future is Friday's scripts. I don't see anything coming from MNKD until Jan. But I don't even have a crystal ball, much less any inside info This is why I think it's unusual that MNKD management decided to hold the vote for authorization of shares at this time. Unless there was an immediate urgency to authorize shares, it should have been held off until there was material news/event that would prop up share price... after all, the effectiveness of these shares depends on share price. This is a very unusual strategy, to say the least. Perhaps another college diabetes network or announcement is in the cards to get this ship back on course But seriously your logic is exactly why many expected a secondary announcement post authorization, and the lack thereof is a big reason for this dip.
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Post by sportsrancho on Dec 18, 2017 12:36:24 GMT -5
And Looking for Diogenes unleashes what may be his strongest hit piece to date, declaring inhaled insulin dead. I won't justify it with a link. The outlook for Afrezza is bright IMO. Management has bought time with the authorization vote. They admittedly are not caught up in fretting over the day to day share price volatility, nor should they be. There are bigger things at stake. Once those are settled, share price will take care of itself. No, I am not predicting any imminent news, nor do I expect it. This is a high risk stock which I invest in because I believe in the product and hope for its success and for future gains. Emphasis on future. :-) Edited to correct from SO to LFD. I read it. Well timed pump the dump! Agree with your outlook.
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Post by rockstarrick on Dec 18, 2017 12:43:00 GMT -5
I don't know, (or care), what may have caused the drop this morning, but I can tell you this. Directly before any substantial news that will result in BIG sustainable gains for mnkd, you will see share price fluctuations, (downward), that will make this mornings drop look small. This is not going to be easy, but has it ever been easy for mnkd.
Bring it down, I'll buy more.
Merry Christmas Everybody
😎
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Post by uvula on Dec 18, 2017 12:53:45 GMT -5
On the positive side, people who wanted to sell at a loss to offset capital gains can now offset even more of those gains!
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Post by BlueCat on Dec 18, 2017 13:01:30 GMT -5
.02.
If I were Mike and knew opening up investors to more dilution would take a hit in sp, I think I'd take all my lumps at once ... At the end of the year, after I just pulled in some $ from a squeezy run-up,when I'm getting hit for missing my targets, and when tax loss selling is going to happen anyway.
Then those investors who are disillusioned can benefit from maximizing their loss on paper against other gains.
Those of us who can't benefit/take a loss, or want to stay in, are going to be riding it in any case though this effectively (for investor vs. trader), brief and minor dip. Let's be realistic - we're at what, $2.99/share at moment? Not .99 again.
This way, Mike C and the MNKD team starts the year clean with the bandaid already ripped off.
Hope it is the entire bandaid.....
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Post by alethea on Dec 18, 2017 13:10:55 GMT -5
I don't know, (or care), what may have caused the drop this morning, but I can tell you this. Directly before any substantial news that will result in BIG sustainable gains for mnkd, you will see share price fluctuations, (downward), that will make this mornings drop look small. This is not going to be easy, but has it ever been easy for mnkd. Bring it down, I'll buy more. Merry Christmas Everybody 😎 I know. The manipulating, naked short-selling, criminal element of Wall Street. I said last week or so to not be surprised to see these crooks drop it down to 2.50 to "prove" that the new share authorization is no big deal. Wrong! Note that today we'll see triple volume as compared to recent levels. All sound and fury. Prestidigitation. More of the same shite we've seen for years from these crooks. If sales growth continues to be demonstrated as we have recently seen this will reverse in the short term. Hang in there folks - and to those of you with lots-o-dough - buy more if you can afford to. Don't let the crooks scare you off.
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Post by hellodolly on Dec 18, 2017 13:15:24 GMT -5
.02. If I were Mike and knew opening up investors to more dilution would take a hit in sp, I think I'd take all my lumps at once ... At the end of the year, after I just pulled in some $ from a squeezy run-up,when I'm getting hit for missing my targets, and when tax loss selling is going to happen anyway. Then those investors who are disillusioned can benefit from maximizing their loss on paper against other gains. Those of us who can't benefit/take a loss, or want to stay in, are going to be riding it in any case though this effectively (for investor vs. trader), brief and minor dip. Let's be realistic - we're at what, $2.99/share at moment? Not .99 again. This way, Mike C and the MNKD team starts the year clean with the bandaid already ripped off. Hope it is the entire bandaid..... Q. You are exactly right. Let the bleeding start and eventually it will stop. I'd like to make sure this time that we don't use another band aid and that the wound heals on it's own over an extended period of time. This will be forgotten, by most, as the SP changes to reflect the strategic plans designed to right the ship by Captain Mike. Nothing else, right now, indicates he's doing otherwise.
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Post by factspls88 on Dec 18, 2017 15:00:05 GMT -5
Thanks all. You made the price recover
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Post by kite on Dec 18, 2017 15:35:22 GMT -5
Thanks all. You made the price recover So manipulated, obviously
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