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Post by sportsrancho on Jan 16, 2019 14:25:24 GMT -5
Great post Rick, but what does it have to do with mine ? No the emails I saw did not have to do with compensation packages,they had to do with shareholders true concerns about their bank accounts. I am applauding Mike helping people also. And was defending his right to keep his email relationships up with the shareholders that he has. Thought you were too.. Some people cannot afford to wait for years for the stock to recover. Some people can afford to buy more right now. Most of the people I know don’t know what the heck to do. And are waiting to see the results of Mike’s new marketing campaign. We all have our fingers crossed, but it might be time for some changes, maybe some new people on the board of directors, may be a new direction for the company. We are trusting Mike to lead.
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Post by akemp3000 on Jan 16, 2019 14:43:45 GMT -5
Seeing everyone's perspectives is greatly appreciated. IMO, we need to stay the course with Mike, the executive team and their plan. I frankly don't care about the compensation decisions that have been made (and explained). I don't care about the sales trip to Hawaii or or anyone spending time on Facebook. I look at the four week scripts graph then consider the new ad campaign just begun, the forward movement of the pipeline, the reduced debt and much more. Sure, complaints about the pps and recent stock sale are valid but if the new ad campaign jumps scripts in Q2, Mike will have made the right move. I'm impatient also but am willing to see this play out until I hear something seriously negative and that just hasn't happened. Just my two cents...ok, a little more than that
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Post by mannmade on Jan 16, 2019 14:51:21 GMT -5
My two cents on this matter is that I am willing to wait until June to reflect on and measure progress between now and then to form an opinion about current matters.
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Post by robbmo on Jan 16, 2019 14:52:56 GMT -5
Let's not get caught in the hype (aka trap) just yet. Let the consumer digest what they're seeing, allow them to speak to their doctors, work through Insurance, etc. Otherwise, the shorts here will start yelling at the top of their lungs that 'they told us so' about these commercials and Afrezza in general. Slow your roll...let's just all watch the Friday Rx counts. As a side note, Mike was on FB "Afrezza Users Group" yesterday, helping out patients with insurance problems they had last week. Looks like success based on replies. In my opinion, Mike must delegate control of the function described above to someone else in the organization. It is not the best use of his time as CEO and raises questions in my mind about judgement and organizational skills at MNKD. I disagree. Mike reaching out directly tells me he is in-touch, engaged, and willing to get his hands dirty, which is great from a PR and morale perspective. Granted, if he was doing this all of the time, then there would be concern, but reaching out to a few struggling people on FB, and replying to SH questions sits quite well with me.
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Post by rockstarrick on Jan 16, 2019 15:02:29 GMT -5
Great post Rick, but what does it have to do with mine ? No the emails I saw did not have to do with compensation packages,they had to do with shareholders true concerns about their bank accounts. I am applauding Mike helping people also. And was defending his right to keep his email relationships up with the shareholders that he has. Thought you were too.. Some people cannot afford to wait for years for the stock to recover. Some people can afford to buy more right now. Most of the people I know don’t know what the heck to do. And are waiting to see the results of Mike’s new marketing campaign. We all have our fingers crossed, but it might be time for some changes, maybe some new people on the board of directors, may be a new direction for the company. We are trusting Mike to lead. I was just trying to explain a post of mine that you indirectly replied to. Although you didn’t quote me, it was obvious to me, that your comment was related to my previous comment. And I thought you misunderstood me, so I tried to be more clear. That’s all. I have no idea who has ongoing correspondence with Mike via email, but I 100% support his response regardless.
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Post by babaoriley on Jan 16, 2019 16:43:53 GMT -5
My two cents on this matter is that I am willing to wait until June to reflect on and measure progress between now and then to form an opinion about current matters. Well, my "two cents" is unfortunately becoming a larger and larger portion of my net worth!
From the very beginning of sales (by SNY), I have thought, and likely wrote, that at some point we would reach a critical mass of happy users and given social media and the old fashioned word of mouth, the script numbers would really start to climb.
I don't know if we've recently achieved that point, I doubt it. And I don't have anything but the wildest guess as to what the number of weekly scripts needs to be for us to have achieved this "critical mass." My guess is 1,250 - 1,500; hoping it's 800 instead!
But even with all the crap people have to go through to get Afrezza, I'm confident that if enough people finally try it and like it, many, many more will follow.
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Post by longliner on Jan 16, 2019 17:07:46 GMT -5
My two cents on this matter is that I am willing to wait until June to reflect on and measure progress between now and then to form an opinion about current matters. Well, my "two cents" is unfortunately becoming a larger and larger portion of my net worth!
From the very beginning of sales (by SNY), I have thought, and likely wrote, that at some point we would reach a critical mass of happy users and given social media and the old fashioned word of mouth, the script numbers would really start to climb.
I don't know if we've recently achieved that point, I doubt it. And I don't have anything but the wildest guess as to what the number of weekly scripts needs to be for us to have achieved this "critical mass." My guess is 1,250 - 1,500; hoping it's 800 instead!
But even with all the crap people have to go through to get Afrezza, I'm confident that if enough people finally try it and like it, many, many more will follow.
Well, it looks like we may add a quick thousand to our 700!
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Post by mannmade on Jan 16, 2019 17:08:40 GMT -5
Yes but need revenue to follow.
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Post by goyocafe on Jan 16, 2019 17:09:39 GMT -5
Well, my "two cents" is unfortunately becoming a larger and larger portion of my net worth!
From the very beginning of sales (by SNY), I have thought, and likely wrote, that at some point we would reach a critical mass of happy users and given social media and the old fashioned word of mouth, the script numbers would really start to climb.
I don't know if we've recently achieved that point, I doubt it. And I don't have anything but the wildest guess as to what the number of weekly scripts needs to be for us to have achieved this "critical mass." My guess is 1,250 - 1,500; hoping it's 800 instead!
But even with all the crap people have to go through to get Afrezza, I'm confident that if enough people finally try it and like it, many, many more will follow.
Well, it looks like we may add a quick thousand to our 700! Really? They still need to get a script from a doctor. We’ve had that discussion many times before. That doesn’t happen in two weeks let alone a month. Maybe two or three months just to move that many prescriptions. Happy to see this not be the case.
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Commercial
Jan 16, 2019 17:12:15 GMT -5
via mobile
Post by longliner on Jan 16, 2019 17:12:15 GMT -5
Yes but need revenue to follow. Kind of a chicken and an egg thing.😊
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Post by mnholdem on Jan 16, 2019 18:12:27 GMT -5
Great post Rick, but what does it have to do with mine ? No the emails I saw did not have to do with compensation packages,they had to do with shareholders true concerns about their bank accounts. I am applauding Mike helping people also. And was defending his right to keep his email relationships up with the shareholders that he has. Thought you were too.. Some people cannot afford to wait for years for the stock to recover. Some people can afford to buy more right now. Most of the people I know don’t know what the heck to do. And are waiting to see the results of Mike’s new marketing campaign. We all have our fingers crossed, but it might be time for some changes, maybe some new people on the board of directors, may be a new direction for the company. We are trusting Mike to lead. What I really cannot fathom is why the CEO didn't wait to execute the public offering until AFTER the Direct Purchase Program was announced. It would have been received much more favorably by Wall Street, certainly more if management had emphasized that some of the proceeds would be used for expanded marketing of Afrezza and new the DPP. The timing hurt so many stockholders and it now seems to have been so unnecessary. Some of our our new (and more zealous) members advocate that the offering is water under the bridge but it certainly isn't to many whose investments were decimated. This is CEO Castagna's first experience as a CEO and perhaps there is a bit of "learn as you go" that should be taken into account. I sincerely hope that these recent events will make him more aware of shareholder sentiment. Unfortunately, this week's posted reply from the CEO that MNKD shares have gained 30% this year was pretty much a slap in the face to many of those shareholders. Why? Because his remarks came right after this:
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Post by sportsrancho on Jan 16, 2019 18:36:41 GMT -5
Thank God somebody gets it!!
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Post by wgreystone on Jan 16, 2019 18:58:28 GMT -5
Great post Rick, but what does it have to do with mine ? No the emails I saw did not have to do with compensation packages,they had to do with shareholders true concerns about their bank accounts. I am applauding Mike helping people also. And was defending his right to keep his email relationships up with the shareholders that he has. Thought you were too.. Some people cannot afford to wait for years for the stock to recover. Some people can afford to buy more right now. Most of the people I know don’t know what the heck to do. And are waiting to see the results of Mike’s new marketing campaign. We all have our fingers crossed, but it might be time for some changes, maybe some new people on the board of directors, may be a new direction for the company. We are trusting Mike to lead. People should not invest their money in companies like MNKD if they can't leave the money in for 10 or 20 years. It's a long long journey for small biotech/pharma companies to reach profitability, and before that, stock price can be anywhere as there is no reasonable way to evaluate such companies. I have another two holdings that have been on market over 20 years and just started their first phase 3 trials. Imagine people bought at the IPO time, how frustrated it would be to hold the stock for 20 years with price going no where.
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Post by wgreystone on Jan 16, 2019 19:01:23 GMT -5
Great post Rick, but what does it have to do with mine ? No the emails I saw did not have to do with compensation packages,they had to do with shareholders true concerns about their bank accounts. I am applauding Mike helping people also. And was defending his right to keep his email relationships up with the shareholders that he has. Thought you were too.. Some people cannot afford to wait for years for the stock to recover. Some people can afford to buy more right now. Most of the people I know don’t know what the heck to do. And are waiting to see the results of Mike’s new marketing campaign. We all have our fingers crossed, but it might be time for some changes, maybe some new people on the board of directors, may be a new direction for the company. We are trusting Mike to lead. What I really cannot fathom is why the CEO didn't wait to execute the public offering until AFTER the Direct Purchase Program was announced. It would have been received much more favorably by Wall Sreet, certainly more if management had emphasized that some of the proceeds would be used for expanded marketed of Afrezza and new the DPP. The timing hurt so many stockholders and it now seems to have been so unnecessary. Some our our new (and more zealous) members advocate that the offering is water under the bridge but it certainly isn't to many whose investments were decimated. This is CEO Castagna's first experience as a CEO and perhaps there is a bit of "learn as you go" that should be taken into account. Perhaps these recent events will make him more aware of shareholder sentiment. Unfortunately, his posted reply that MNKD shares have gained 30% this year was pretty much a slap in the face to many of those shareholders. Why? Because his remarks came right after this. You can say the same to people who sold their stocks during last month. Why couldn't they wait till the stocks bounding back like now then sell them? You can't predict the future and same for the company's management team.
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Post by mytakeonit on Jan 16, 2019 19:08:18 GMT -5
This bogus chart is even better than peppy's !!!
But at least we are on the plus during the after hours.
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