|
Post by traderdennis on May 28, 2019 17:38:47 GMT -5
IMO they are using the ATM to pay off Deerfield. So we may be bleeding for another month. What would be the logic for that Sports? so the company co trips the sale of shares prior to paying Deerfield. If the company issues shares to Deerfield they sell short at a much faster clip and potential tank the stock price quicker. Take your choice death by a thousand cuts or one wick on to the heart.
|
|
|
Post by lifebreath on May 28, 2019 18:50:00 GMT -5
IMO they are using the ATM to pay off Deerfield. So we may be bleeding for another month. I agree with your assessment. I just wonder how much farther they will take the price down, charts may be obsolete since selling is from Mnkd. This also makes me think MC last cash forecast ( lasting until mid 2020) is not valid.
|
|
|
Post by mytakeonit on May 28, 2019 18:56:37 GMT -5
Sorry trader ... but, John Wick is on our side. I'll be back on the 4th to see if I can buy more shares. Ha!
But, that's mytakeonit
|
|
|
Post by sportsrancho on May 28, 2019 19:09:59 GMT -5
IMO they are using the ATM to pay off Deerfield. So we may be bleeding for another month. I agree with your assessment. I just wonder how much farther they will take the price down, charts may be obsolete since selling is from Mnkd. This also makes me think MC last cash forecast ( lasting until mid 2020) is not valid. Right or they would’ve paid them in cash.
|
|
|
Post by buyitonsale on May 28, 2019 19:34:07 GMT -5
Or... company is waiting for UT second molecule option confirmation (30M) and Brazil approval by end of the quarter. Then they will pay Deerfield off in cash and ink a new financing or a partnership agreement in Q3.
|
|
|
Post by lifebreath on May 28, 2019 19:48:29 GMT -5
Or... company is waiting for UT second molecule option confirmation (30M) and Brazil approval by end of the quarter. Then they will pay Deerfield off in cash and ink a new financing or a partnership agreement in Q3. Is there a cash payment for Brazil approval?
|
|
|
Post by mnkdfann on May 28, 2019 19:48:50 GMT -5
Looking at the MNKD share price graph starting circa October 2017, it appears MNKD more or less hits or drops below the previous 5-month cycle's low about every 5 months. This would be the 5th such cycle.
|
|
|
Post by mnholdem on May 28, 2019 20:41:38 GMT -5
Or... company is waiting for UT second molecule option confirmation (30M) and Brazil approval by end of the quarter. Then they will pay Deerfield off in cash and ink a new financing or a partnership agreement in Q3. Is there a cash payment for Brazil approval? That has not been disclosed. The Agreement states that financial terms are to be determined between MannKind and Biomm S.A. once Afrezza gets ANVISA approval for marketing.
|
|
|
Post by mnkdfann on May 28, 2019 21:25:42 GMT -5
Is there a cash payment for Brazil approval? That has not been disclosed. The Agreement states that financial terms are to be determined between MannKind and Biomm S.A. once Afrezza gets ANVISA approval for marketing. Do you happen to know where the Agreement is posted? The Press Releases I've seen made no mention of this (i.e. financial terms to be determined upon approval).
|
|
|
Post by seanismorris on May 29, 2019 7:50:15 GMT -5
Sorry trader ... but, John Wick is on our side. I'll be back on the 4th to see if I can buy more shares. Ha! But, that's mytakeonit John Wick was entertaining because the plot and fight scenes were ridiculous... I see some parallels to MannKind. I don’t see how anyone can buy more MNKD here... I need to see something more from management... as in new ideas. Last quarter was horrendous... The worst thing was Mike was shocked that investors were pissed off. Most out of touch CEO in America... Lets see some internet ads (at least) before buying more shares.
|
|
|
Post by prcgorman2 on May 29, 2019 9:40:25 GMT -5
I can see how someone can buy more shares here. Either you have faith, or you don't. If you have faith, and you want some/more shares, this is a good low price. If you don't have faith, why wait around? Sell and or move on. You'll feel better after you rip the band-aid off and put your next investment in something with less risk. And, if you're a loser (on your investment) you can get tax benefit. I'm definitely a loser (if I sell now), but I still have faith. The amazing physics of Afrezza inhalable human insulin are a very stubborn thing, as am I.
|
|
|
Post by mnkdfann on May 29, 2019 10:25:07 GMT -5
I can see how someone can buy more shares here. Either you have faith, or you don't. If you have faith, and you want some/more shares, this is a good low price. If you don't have faith, why wait around? Sell and or move on. You'll feel better after you rip the band-aid off and put your next investment in something with less risk. And, if you're a loser (on your investment) you can get tax benefit. I'm definitely a loser (if I sell now), but I still have faith. The amazing physics of Afrezza inhalable human insulin are a very stubborn thing, as am I. This may not be what you think, but the way I read your post is that someone who has faith in the science behind Afrezza should hold tight. As an investor, the flaw I see is that faith in Afrezza is different from faith in the Mannkind corporation. Afrezza may win out in the end, but perhaps only after Mannkind fails, current shareholders get screwed, and someone with better / deeper pockets and a better distribution network takes ownership of Afrezza. Full disclosure, I purchased more shares a week or so back around $1.25, after previously selling my previous holdings around $1.80 some months back. Yes, I'm feeling like an idiot.
|
|
|
Post by sportsrancho on May 29, 2019 10:47:28 GMT -5
|
|
|
Post by brotherm1 on May 29, 2019 11:06:05 GMT -5
And more of these negative Seeking Alpha articles linked direct from the NASDAQ website where many potential new investors first go to research a potential investment I might add.
|
|
|
Post by sportsrancho on May 29, 2019 11:28:59 GMT -5
This really bothers me and the number one reason is Mike diluted in Christmas and used warrants at $1.60 which was toxic on the share price ..who do you think is going to buy into the stock when there’s no news coming out and scripts are stagnant. I can’t imagine that they would do a reverse split but if they do in my opinion it’s over, that’s a downhill spiral, you can do it once, but you certainly can’t do it in a position of weakness again!
This is where the problem is you can’t get financing in this position. It’s ignoring the problem hoping something will fix it. I think there’s a lot of hope going on and no real plan at this point.
I know how that is because I have to move out of my beloved apartment because of this stock ..because of too much waiting and hoping and not facing reality. I should’ve done it a year ago but now I’m starting over with a lot lower expenses.
With that being said do not wait Mannkind..do not pass up opportunities because you think you can go it alone and wait until your finances are nonexistent, you don’t have any credit left and there’s no way to get anymore money!
|
|