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Post by biotec on Jun 28, 2014 7:53:23 GMT -5
Just seeing what everyone thinks, I think we see $12 at some point.
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Post by BD on Jun 28, 2014 8:09:18 GMT -5
I think I'll be wearing a big smile on my face, kind of like the one I'm wearing today as I wait for my beef-lamb burger in lovely Tallinn, Estonia...
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Post by savzak on Jun 28, 2014 8:36:41 GMT -5
The crash was fast, almost instantaneous. But the stock quickly strengthened and the last several minutes of trading demonstrated nothing but strength as the news was actually digested and understood. That strength continued in the after market trading on very substantial volume on a Friday night none the less. Also, it's my opinion that the label is benign and there isn't much FUD that can be effectively generated from it.
Based on that, I think we will see our account values increase on Monday, hopefully significantly. That said, with MNKD I can never be confident that I'm reading the market correctly.
I do believe that most longs are fortified. Shares in the hands of longs should be held much stronger now, at least until tempted by a significantly higher bid.
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Post by babaoriley on Jun 28, 2014 8:43:28 GMT -5
I just got up for an early morning beat some of the heat round in Palm Springs with a couple of old friends. I had to go to this site to make sure and yup, it's still approval out!!
One thing I'll say about Monday - there won't be many short sales!
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Post by 1 percenter on Jun 28, 2014 10:15:50 GMT -5
More volatility in both directions, I gather. I still believe the partnership news will be what will help galvanize the street to get behind MNKD if it's a strong partnership that show that the partner(s) strongly believe AFrezza is going to kick ass and take names. Even with approval, the street will still be skittish on MNKD until MNKD gets a stronger balance sheet and a dedicated partner. But, as usual, I hope I am wrong.
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Post by alcc on Jun 28, 2014 11:33:55 GMT -5
Didn't I read right here that approval was priced in?
You guys want to start a high-low-close contest for fun?
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Post by slushy on Jun 28, 2014 11:57:10 GMT -5
mnkdmillionaire - I'm thinking the same as you. I think approval was just about priced in, and now it's all about the partner. At the end of the day, approval and no partner / bad partner is going to drop the price. The good news is the label was about as good as we could hope for, so I don't see any reason we shouldn't be able to land a partnership with terms favoring us. I think we're going to see a ton of volume over the next week as this stock is going to get a lot of attention.
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Post by lynn on Jun 28, 2014 12:20:06 GMT -5
A friend just told me that they were talking about it on "Good Morning America" this am , if anyone has the link I'd love to see it
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Post by kc on Jun 28, 2014 13:23:42 GMT -5
Congratulations to all of the Mannkind believers. The best yet to come and we will see the greatness of our belief in Alfred Mann. I think that they have identified a partner for the product and will be making that announcement sooner then later. they have to have production ready and samples to send out to the marketplace and to Doctors. So you can bet that something good will happen within the next 30 days. They will want the samples and packaging to reflect what partner or brand will be marketing Afrezza...... Count on the partnership announcement or buyout happening soon.
The bears will continue to drive the price up and down and make the market react. But with all the positive press its getting world wide we will be able to have a great week. Just Google under the news section and you get 100's of stories on the FDA approval. This will continue to multiply over the weekend . The brokers will start to recommend and push mannkind as they are marketing machines and won't let just RBC be the market maker on MNKD.
STAY LONG MANNKIND...
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Post by ezrasfund on Jun 28, 2014 16:56:25 GMT -5
I agree that Monday will bring more volatility, as there is more money to be made that way by traders. Even the shorts can make money by "averaging up" if the price spikes. I think that approval was "mostly" baked in and we could see a pop to $15 before settling in around $12. What I am dreaming about is a pre-market spike where I can dump some shares and then buy them back plus some, as deep in the money calls, when it dives. My Jan'15 $5 calls have almost no premium, so I am converting stock to options and keeping the $5/share in my trading account. I try to always hold some shares to be able to sell into a pre-market spike, but getting the timing right is pure guesswork, as I was reminded when I checked in on MNKD at 3:40 PM yesterday.
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Post by bobw on Jun 28, 2014 18:51:03 GMT -5
BD, enjoy Tallinn; it's a great place. I have been there 5 or 6 times since 1991. It's not the typical American tourist destination.
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Post by babaoriley on Jun 28, 2014 19:20:32 GMT -5
Didn't I read right here that approval was priced in? You guys want to start a high-low-close contest for fun? You did read that. But it was also written that there were assumptions of a less friendly label than we got. The label was a wild card and apparently turned mainly in our favor. Not ready yet to make a high low close guess but will be tomorrow. But feel free to make the first guess! Or maybe send Pm's to one person and that person discloses the guesses sometime after opening on Monday.
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Post by cusop on Jun 28, 2014 23:44:17 GMT -5
I do not believe that approval is totally priced in, I also believe the MANN factor has yet to play its part, he has a strong line of successes and new set of longs will join now the dust has settled. Then the shorting will begin again. This stock will be a roller coaster next week
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Post by biotec on Jun 29, 2014 9:25:10 GMT -5
Didn't I read right here that approval was priced in? You guys want to start a high-low-close contest for fun? Just for fun. high $14 low $10 close $12.90
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Post by alcc on Jun 29, 2014 10:17:01 GMT -5
Didn't I read right here that approval was priced in? You guys want to start a high-low-close contest for fun? You did read that. But it was also written that there were assumptions of a less friendly label than we got. The label was a wild card and apparently turned mainly in our favor. Not ready yet to make a high low close guess but will be tomorrow. But feel free to make the first guess! Or maybe send Pm's to one person and that person discloses the guesses sometime after opening on Monday. Since approval always comes with label, if label not priced in, what does approval priced in mean? Soon enough then, partnership will be priced in, but not the quality of partnership?
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