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Post by boca1girl on Apr 13, 2019 8:54:09 GMT -5
Full disclosure, I am not short, I don't do options, calls and lend our shares. 180,000 shares. I sold most of my position couple of weeks ago and bought them back yesterday and some more after calming down and realized why I have been investing in MannKind for over 10 years. When I said put Afrezza on the back burner, I meant was let the social media and users of Afrezza spread the awearness of the best treatment for PWD. It looks like using traditional avertising on TV is not most efficient way to spend our cash. We have so much potential of becoming one of the large Biotech company but we need help. I hope you didn’t get caught in the wash rule if you sold to capture a tax loss in a taxable account.
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Post by sportsrancho on Apr 13, 2019 9:03:50 GMT -5
Sports I’m coming around to what you’re saying there. Script count evidence is impossible to ignore. But question is, who would be the right partner to help sell it? We were burned once, surely lessons were learned, but there aren’t many potential suitors out there. Would love to be a fly on the wall to hear if we are even considering it, and just as importantly, are there any takers out there with whom we’d consider partnering on it? If they co/partnered with somebody or co/ promoted they wouldn’t be giving up control. Like SENS or Dexcom. CGM + Afrezza. ( Laura could be the face for both.) Or someone that needs a diabetic presence. Someone that wants it in their tool box for corrections, or someone that just sees that inhalable insulin is the future and they better jump on the bandwagon. Abbott maybe...Also consult with Vdex on protocol. So many possibilities.
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Post by mymann on Apr 13, 2019 9:17:25 GMT -5
I sold from my IRA and SEP-IRA. At least, I got my cost average down a little.
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Post by morfu on Apr 13, 2019 10:00:44 GMT -5
Full disclosure, I am not short, I don't do options, calls and lend our shares. 180,000 shares. I sold most of my position couple of weeks ago and bought them back yesterday and some more after calming down and realized why I have been investing in MannKind for over 10 years. When I said put Afrezza on the back burner, I meant was let the social media and users of Afrezza spread the awearness of the best treatment for PWD. It looks like using traditional avertising on TV is not most efficient way to spend our cash. We have so much potential of becoming one of the large Biotech company but we need help. >> It looks like using traditional avertising on TV is not most efficient way to spend our cash.
Nothing about the ad was traditional!
Some strange people in a fairy/comic setting with food popping up!? Award winning!
However, it seems most non graphic-artist just ignored it..
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Post by nylefty on Apr 13, 2019 10:22:59 GMT -5
Full disclosure, I am not short, I don't do options, calls and lend our shares. 180,000 shares. I sold most of my position couple of weeks ago and bought them back yesterday and some more after calming down and realized why I have been investing in MannKind for over 10 years. When I said put Afrezza on the back burner, I meant was let the social media and users of Afrezza spread the awearness of the best treatment for PWD. It looks like using traditional avertising on TV is not most efficient way to spend our cash. We have so much potential of becoming one of the large Biotech company but we need help. >> It looks like using traditional avertising on TV is not most efficient way to spend our cash.
Nothing about the ad was traditional!
Some strange people in a fairy/comic setting with food popping up!? Award winning!
However, it seems most non graphic-artist just ignored it.. It was a terrible commercial and could only be justified as a way of raising public consciousness that Afrezza exists. In any case it should be followed by a hard hitting ad that drives home two key points: No Needles and Ultra-fast Acting.
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Post by mymann on Apr 13, 2019 11:00:02 GMT -5
If the commercial was to raise public consciousness that Afrezza exists, Show a person in public restaurant pulling out Insulin in syringe and pulling out Afrezza Inhaler and choose to take a puff instead of injecting his or her belly. Either way, it's not working.
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Post by boca1girl on Apr 13, 2019 12:49:15 GMT -5
I sold from my IRA and SEP-IRA. At least, I got my cost average down a little. So you bought a greater number of shares from the proceeds of the sale, thereby reducing your cost basis? Or did you buy back the same number of shares and use the net cash to invest in something else? I’ve thought about selling all my shares in my IRA so that I could purchase a greater quantity for the same money, but with my luck, the stock would move up rather than down after I sold the shares.
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Post by mymann on Apr 13, 2019 13:08:57 GMT -5
When I saw the share price drop Friday I bought more shares with same amount of money. I'm little reckless when it comes to MNKD.
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Post by cedafuntennis on Apr 13, 2019 14:13:47 GMT -5
Full disclosure, I am not short, I don't do options, calls and lend our shares. 180,000 shares. I sold most of my position couple of weeks ago and bought them back yesterday and some more after calming down and realized why I have been investing in MannKind for over 10 years. When I said put Afrezza on the back burner, I meant was let the social media and users of Afrezza spread the awearness of the best treatment for PWD. It looks like using traditional avertising on TV is not most efficient way to spend our cash. We have so much potential of becoming one of the large Biotech company but we need help. >> It looks like using traditional avertising on TV is not most efficient way to spend our cash.
Nothing about the ad was traditional!
Some strange people in a fairy/comic setting with food popping up!? Award winning!
However, it seems most non graphic-artist just ignored it.. I posted roughly the same thing when I first saw the ad. Award given by Big Pharma to Man kind for wasting money. Went didn't Mike and the other overpaid execs they recently hired realize that the ad was totally inneffective? I say let's try RADIO instead. Cheaper and a lot more ears, most captive in their cars for long stretches at a time. Mike, think about it and for the social media person you hired last year. Use the savings on radio ads if you want to compare effectiveness vs TV. We are not BP to use the same type stupid ad and means they do.
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Post by nylefty on Apr 13, 2019 14:40:35 GMT -5
>> It looks like using traditional avertising on TV is not most efficient way to spend our cash.
Nothing about the ad was traditional!
Some strange people in a fairy/comic setting with food popping up!? Award winning!
However, it seems most non graphic-artist just ignored it.. I posted roughly the same thing when I first saw the ad. Award given by Big Pharma to Man kind for wasting money. Went didn't Mike and the other overpaid execs they recently hired realize that the ad was totally inneffective? I say let's try RADIO instead. Cheaper and a lot more ears, most captive in their cars for long stretches at a time. Mike, think about it and for the social media person you hired last year. Use the savings on radio ads if you want to compare effectiveness vs TV. We are not BP to use the same type stupid ad and means they do. I worked in radio for many years and can tell you there's a reason why prescription drugs aren't advertised on AM or FM. On TV you can distract the viewers from all the FDA warnings with scenes of happy people (and dogs) doing interesting things. On radio the listeners would have no distractions and would be forced to pay attention to the warnings that the drug involved could seriously harm or even kill them. As for the award the Afrezza ad received, it was for creativity, not effectiveness. I agree that it was creative, but it was terribly ineffective
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Post by akemp3000 on Apr 13, 2019 14:59:22 GMT -5
IMO, we don't even know what the script count is.
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Post by ktim on Apr 13, 2019 15:00:51 GMT -5
Alas Mytakeonit, if only that were true. But in fact the shorts are feeling no pressure except the pressure of a swelling bank account, and they have no apparent urgency to get out now because the tide is apparently going their direction. Hopefully that will change but we’ve been hoping that for years. Some of us remember when their borrowing rates were well above 50% so we thought they’d really feel the pressure. Well they didn’t, and now with rates near zero we should know better. >> the shorts ... the pressure of a swelling bank account
Well they made some money selling short, but at least the naked shorts must pay interest, so their bank accounts are definitely not swelling. And with every cent the price moves up, they get one step closer to be under. Every month they loose about a cent (okay at 2$ share price that would need 6% interest and we are at 2% atm, but it has been 3-10 ct/year over the last couple of years) Some got out, but for a lot of the recent shorts, the share price already was around or below current level and with Mannkind being financially quite stable, they do feel the pressure!
The mistaken idea of "naked shorts" is that there is some large amount of shares shorted where they never borrow the shares and thus don't pay interest. That doesn't happen, but it is the idea floated by some. If they are paying interest then they are merely short. Incorrect to put naked in front. Perhaps you should instead put "evil" as an adjective if you wish to make it sound morally bad.
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Post by cretin11 on Apr 14, 2019 1:24:17 GMT -5
Alas Mytakeonit, if only that were true. But in fact the shorts are feeling no pressure except the pressure of a swelling bank account, and they have no apparent urgency to get out now because the tide is apparently going their direction. Hopefully that will change but we’ve been hoping that for years. Some of us remember when their borrowing rates were well above 50% so we thought they’d really feel the pressure. Well they didn’t, and now with rates near zero we should know better. >> the shorts ... the pressure of a swelling bank account
Well they made some money selling short, but at least the naked shorts must pay interest, so their bank accounts are definitely not swelling. And with every cent the price moves up, they get one step closer to be under. Every month they loose about a cent (okay at 2$ share price that would need 6% interest and we are at 2% atm, but it has been 3-10 ct/year over the last couple of years) Some got out, but for a lot of the recent shorts, the share price already was around or below current level and with Mannkind being financially quite stable, they do feel the pressure!
I respectfully disagree, MNKD “being financially quite stable” is an optimistic view. Need a few more things to go our way before we get to that point. Most shorts feel no pressure. Interest is so low now it’s not a significant factor. Share price has stagnated and they know each time we dilute they get to escape. We used to discuss the impending short squeeze (feels like we even had one a couple of Octobers ago but it was a mirage). Now it seems we are resigned to the fact that shorts are hedged enough to be able to safely exit whenever they need to. Which is fine by me if they do, I’d love to see them torched in a squeeze but more importantly just want them gone.
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Post by longliner on Apr 14, 2019 2:33:25 GMT -5
It sure is nice to see the interest rate less than 2%.
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Post by longliner on Apr 14, 2019 2:40:13 GMT -5
I have heard arguments for years that naked (or evil)shorts didn't exist. I also have had to hear for years that there were no "paid bashers", and that "message boards don't affect share price", and that "BP would never pay to bash on message boards".... . I would just add "bullshit". Soft or hard, just like sex....bashing is bashing!
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