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Post by falconquest on Jan 13, 2018 14:01:21 GMT -5
"so they expect much more money than buyers are willing to pay" Oh, what buyers? As I said ... "Potential" buyers. I do not see the benefit of your posts. Your intent seems to be harassment. Please stop. Here are your words......" Nobody has bought us out because MNKD knows their value, so they expect much more money than buyers are willing to pay, especially considering the current sales. I don't really ever expect a buyout. But, a BP is very possible." I don't see the word "potential" used at all. I'm also not harassing you. I'm try to keep things honest. You want to infer that Mannkind has not partnered because they want " more money than buyers are willing to pay". What buyers? You have no basis for making that statement. It is a complete fallacy. As you stated, none of us knows anything about any possible deals or that Mannkind has turned anything down. Please refrain from making inferences that have no basis in fact. That's all I ask. It is misleading to anyone reading this that may not have as much background as most of here. I've made my point and I'm done.
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Post by pat on Jan 13, 2018 14:16:27 GMT -5
Falcon. I am also under the impression that there have been many suitors. I think I remember Mike saying something to the effect it's surprising who has come out of the woodwork willing to buy the company at this low valuation.
I suspect that the recent run up was almost entirely due to margin calls on short positions which led to forced covering. And that it was done on purpose to raise the price for the 10mm offering.
I also bet if a company were to try and buy a controlling interest in this company the price would spike to ridiculous levels as the mythical short squeeze happened.
I wouldn't be surprised if Mike gets phone calls often offering him pennies on the dollar for this FDA approved delivery platform. To which he says no, believing he can fully monetize the value in it for we shareholders.
I'm not sure why you're obsessing on this point.
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Post by falconquest on Jan 13, 2018 15:53:19 GMT -5
Falcon. I am also under the impression that there have been many suitors. I think I remember Mike saying something to the effect it's surprising who has come out of the woodwork willing to buy the company at this low valuation. I suspect that the recent run up was almost entirely due to margin calls on short positions which led to forced covering. And that it was done on purpose to raise the price for the 10mm offering. I also bet if a company were to try and buy a controlling interest in this company the price would spike to ridiculous levels as the mythical short squeeze happened. I wouldn't be surprised if Mike gets phone calls often offering him pennies on the dollar for this FDA approved delivery platform. To which he says no, believing he can fully monetize the value in it for we shareholders. I'm not sure why you're obsessing on this point. Thank you for your perspective pat. I am not obsessing on the point so much as the language used. Had the poster said, "In my opinion" or "I believe" or some other qualifying statement then it would have been fine. Everyone is entitled to their opinion. When someone infers something that those with an understanding of the situation knows to be unknowable, but may be taken by others with less experience to be true then that is disingenuous. Even you qualified your statement by saying "I am also under the impression" which is absolutely fine because we understand that is your "impression". Do you understand my position?
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Post by mnkdfann on Jan 13, 2018 18:27:24 GMT -5
Falcon. I am also under the impression that there have been many suitors. I think I remember Mike saying something to the effect it's surprising who has come out of the woodwork willing to buy the company at this low valuation. It would be great if you could support that with a source / link to where he said it. The closest thing to that I can recall is when he said some competitor called him up to congratulate him on the label change.
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Post by sportsrancho on Jan 13, 2018 18:42:59 GMT -5
Falcon. I am also under the impression that there have been many suitors. I think I remember Mike saying something to the effect it's surprising who has come out of the woodwork willing to buy the company at this low valuation. It would be great if you could support that with a source / link to where he said it. The closest thing to that I can recall is when he said some competitor called him up to congratulate him on the label change. Pat correct me if I’m wrong, but I believe it was Matt that said that not Mike. And it was a answer to a question asked on a conference call but never got into the transcript. But I can guarantee you he said it because I heard him! And I remember it just like Pat said it.
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Post by gamblerjag on Jan 13, 2018 19:08:33 GMT -5
It would be great if you could support that with a source / link to where he said it. The closest thing to that I can recall is when he said some competitor called him up to congratulate him on the label change. Pat correct me if I’m wrong, but I believe it was Matt that said that not Mike. And it was a answer to a question asked on a conference call but never got into the transcript. But I can guarantee you he said it because I heard him! And I remember it just like Pat said it. . Yes sports I believe you are correct it was Matt that said this.
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Post by peppy on Jan 13, 2018 20:42:04 GMT -5
Falcon. I am also under the impression that there have been many suitors. I think I remember Mike saying something to the effect it's surprising who has come out of the woodwork willing to buy the company at this low valuation. It would be great if you could support that with a source / link to where he said it. The closest thing to that I can recall is when he said some competitor called him up to congratulate him on the label change. there is a conference call every 3 months. different conference call. Remember Matt P saying we would be surprised at the calls? (after Sanofi.) additionally, remember the person on a conference call Q and A from China? that one a bit laughable.
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Post by sportsrancho on Jan 13, 2018 20:52:14 GMT -5
It would be great if you could support that with a source / link to where he said it. The closest thing to that I can recall is when he said some competitor called him up to congratulate him on the label change. there is a conference call every 3 months. different conference call. Remember Matt P saying we would be surprised at the calls? (after Sanofi.) additionally, remember the person on a conference call Q and A from China? that one a bit laughable. Yes and when Matt said that the stock price was around two dollars maybe a little lower pre-split.
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Post by pat on Jan 13, 2018 21:15:57 GMT -5
I thought I heard Mike say it in one of the recent Wharton radio podcasts - of which I think there were 3 installments? I'm afraid I don't have the time to go back and research it.
The shorts have sold like 35% "more" of the float short. We know we have to give some part of the pie away cheap this year to fund ourselves to break even. But it won't be the whole short position.. So a lot of them will get burned.
The thing I don't get is why some deep pocketed investor doesn't start buying now? Nate says this is the most extreme example of a miss priced asset he's ever seen in his years of investing. Why does it persist? I'm not a black hawk conspiracy kind of guy but I'm starting to seriously wonder...,
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Post by olebob1 on Jan 13, 2018 21:48:56 GMT -5
I thought I heard Mike say it in one of the recent Wharton radio podcasts - of which I think there were 3 installments? I'm afraid I don't have the time to go back and research it. The shorts have sold like 35% "more" of the float short. We know we have to give some part of the pie away cheap this year to fund ourselves to break even. But it won't be the whole short position.. So a lot of them will get burned. The thing I don't get is why some deep pocketed investor doesn't start buying now? Nate says this is the most extreme example of a miss priced asset he's ever seen in his years of investing. Why does it persist? I'm not a black hawk conspiracy kind of guy but I'm starting to seriously wonder... Maybe it's a Black Swan conspiracy
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Post by olebob1 on Jan 13, 2018 21:57:44 GMT -5
I thought I heard Mike say it in one of the recent Wharton radio podcasts - of which I think there were 3 installments? I'm afraid I don't have the time to go back and research it. The shorts have sold like 35% "more" of the float short. We know we have to give some part of the pie away cheap this year to fund ourselves to break even. But it won't be the whole short position.. So a lot of them will get burned. The thing I don't get is why some deep pocketed investor doesn't start buying now? Nate says this is the most extreme example of a miss priced asset he's ever seen in his years of investing. Why does it persist? I'm not a black hawk conspiracy kind of guy but I'm starting to seriously wonder... Maybe it's a Black Swan conspiracy Nate also said that some times the miss pricing goes on for a lot longer than you would like. That is the jist of it not a quote. Hang together or we will certainly all hang alone. Franklin?
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Post by dreamboatcruise on Jan 13, 2018 23:32:27 GMT -5
I thought I heard Mike say it in one of the recent Wharton radio podcasts - of which I think there were 3 installments? I'm afraid I don't have the time to go back and research it. The shorts have sold like 35% "more" of the float short. We know we have to give some part of the pie away cheap this year to fund ourselves to break even. But it won't be the whole short position.. So a lot of them will get burned. The thing I don't get is why some deep pocketed investor doesn't start buying now? Nate says this is the most extreme example of a miss priced asset he's ever seen in his years of investing. Why does it persist? I'm not a black hawk conspiracy kind of guy but I'm starting to seriously wonder... Maybe it's a Black Swan conspiracySeems logic might suggest three reasons... 1) many deep pocketed investors have never heard of MNKD, 2) some may simply not believe in Afrezza and 3) even if they do believe in long term prospects they may not have yet considered the timing to be right. The smart Wall Street money often has much better intel in order to time investments. Us retail investors think we need to stay in for the long run since we never know when something might happen, but the reality is that it's cost us a lot in opportunity cost. I hate to think of the returns I've missed out on having money in MNKD that could have simply been in an S&P index and generate huge returns over past 5 years. Deep pocketed investors likely have deep pockets because they don't make that sort of mistake.
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Post by slugworth008 on Jan 14, 2018 8:34:16 GMT -5
Seems logic might suggest three reasons... 1) many deep pocketed investors have never heard of MNKD, 2) some may simply not believe in Afrezza and 3) even if they do believe in long term prospects they may not have yet considered the timing to be right. The smart Wall Street money often has much better intel in order to time investments. Us retail investors think we need to stay in for the long run since we never know when something might happen, but the reality is that it's cost us a lot in opportunity cost. I hate to think of the returns I've missed out on having money in MNKD that could have simply been in an S&P index and generate huge returns over past 5 years. Deep pocketed investors likely have deep pockets because they don't make that sort of mistake. Regarding 1) Perhaps MNKD isn't reaching out to them - And selling the true value of MNKD?, 2) Is plausible but could be overcome - IMO and 3) Very likely.
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Post by falconquest on Jan 14, 2018 11:32:25 GMT -5
Seems logic might suggest three reasons... 1) many deep pocketed investors have never heard of MNKD, 2) some may simply not believe in Afrezza and 3) even if they do believe in long term prospects they may not have yet considered the timing to be right. The smart Wall Street money often has much better intel in order to time investments. Us retail investors think we need to stay in for the long run since we never know when something might happen, but the reality is that it's cost us a lot in opportunity cost. I hate to think of the returns I've missed out on having money in MNKD that could have simply been in an S&P index and generate huge returns over past 5 years. Deep pocketed investors likely have deep pockets because they don't make that sort of mistake. Can't agree more on your point #3. The market was up something like 224 points on Friday and the three biotech stocks I follow were all down. I think it's time to find a new sector!
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