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Post by lojothehus on May 1, 2019 13:07:54 GMT -5
Mike C. seems to be getting a ton of criticism on the Message Boards lately, but is the criticism fair? To answer that question, you would have to know where the criticism is coming from and why some may be criticizing. For the most part; the crux of the criticism seems to be coming from Shorts and individuals who would gain from MNKD's failure. They criticize Mike perhaps because they are afraid, maybe even frightened that he will soon right the ship and put them out of commission for good. This may be somewhat more imminent in nature than many may think. The more they bash Mike and MNKD management, the more they stand to gain. It's the best card that they have to play right now, and they are playing it to death. One rhetorical question may be this, 'If Mike is doing such a bad job, and if things are going the way that your bosses want them to go, why shed light on it?' Why not be quiet and let Mike steer the ship into the bottom of the ocean?
On the other hand, there are some long-term holders that may be criticizing Mike out of frustration. Perhaps one of the most difficult tasks is to get on a ship and have no idea where it's heading. One can guess, while others may cling to every nuance of the Captain, but at the end of the day frustration sets in when no one has a clue where the ship will dock. Will it dock on a paradise like Island? On a deserted terrain? Or will it find itself at the bottom of the ocean? This will cause some to jump overboard in fear and frustration only to drown or turn around and lose mostly everything that they've boarded this ship with. While others on board may sit back and listen to a quartet play a string of tunes while downing their favorite bourbon, wondering in the back of their minds if they should feel so relaxed.
Wherever the criticism may come from, we have to admit that it exists. Is it fair? For some YES, while for others, NO. I continue to say that Mike should be more vocal in regards to MNKD making noise about Al Mann's amazing product! We cannot win a traditional battle because these Corporations and Big Pharmas are too experienced in fighting those types of battles. Fight 'em through unique advertising; Lower A1C's with no needles. Fight 'em with testimonials on Websites. Fight 'em on Twitter; letting everyone know where we are heading and how we plan to get there. Fight 'em with uniqueness; cool color dreamboats and novelty.
At the end of the day, wherever we dock; we can all say that we put up the fine fight and the Captain stayed in control and then I will take a sip of bourbon and admire the beauty of a paradise Island.
That's My Take On it, no pun intended. What's yours - Is the Criticism Fair? |
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Post by sportsrancho on May 1, 2019 13:47:31 GMT -5
The people I know that are criticizing him are people that have been in contact with him in the past..but he is no longer vocal with. The BOD may have his hands tied. So it’s hard to tell what’s fair. But the vocal point you made is fair because it seems to be missing in every area.
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Post by mytakeonit on May 1, 2019 13:49:54 GMT -5
Hmmm ... am I being egged on to make a statement? Well, okay then I will. I for one ... also went overboard today ... and loaded up a ton more shares of MNKD !!! Am I worried? Nope !!! Because I own a piece of that paradise island and will be selling drinks to Captain Mike and any bourbon sipping hustler named lojo soon.
As far as E*Trade goes ... now that the new account has equity established ... new $$$ won't be held up in limbo and can be traded immediately.
But, "That's My Take On it"
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Post by longliner on May 1, 2019 13:50:40 GMT -5
Mike C. seems to be getting a ton of criticism on the Message Boards lately, but is the criticism fair? To answer that question, you would have to know where the criticism is coming from and why some may be criticizing. For the most part; the crux of the criticism seems to be coming from Shorts and individuals who would gain from MNKD's failure. They criticize Mike perhaps because they are afraid, maybe even frightened that he will soon right the ship and put them out of commission for good. This may be somewhat more imminent in nature than many may think. The more they bash Mike and MNKD management, the more they stand to gain. It's the best card that they have to play right now, and they are playing it to death. One rhetorical question may be this, 'If Mike is doing such a bad job, and if things are going the way that your bosses want them to go, why shed light on it?' Why not be quiet and let Mike steer the ship into the bottom of the ocean?
On the other hand, there are some long-term holders that may be criticizing Mike out of frustration. Perhaps one of the most difficult tasks is to get on a ship and have no idea where it's heading. One can guess, while others may cling to every nuance of the Captain, but at the end of the day frustration sets in when no one has a clue where the ship will dock. Will it dock on a paradise like Island? On a deserted terrain? Or will it find itself at the bottom of the ocean? This will cause some to jump overboard in fear and frustration only to drown or turn around and lose mostly everything that they've boarded this ship with. While others on board may sit back and listen to a quartet play a string of tunes while downing their favorite bourbon, wondering in the back of their minds if they should feel so relaxed.
Wherever the criticism may come from, we have to admit that it exists. Is it fair? For some YES, while for others, NO. I continue to say that Mike should be more vocal in regards to MNKD making noise about Al Mann's amazing product! We cannot win a traditional battle because these Corporations and Big Pharmas are too experienced in fighting those types of battles. Fight 'em through unique advertising; Lower A1C's with no needles. Fight 'em with testimonials on Websites. Fight 'em on Twitter; letting everyone know where we are heading and how we plan to get there. Fight 'em with uniqueness; cool color dreamboats and novelty.
At the end of the day, wherever we dock; we can all say that we put up the fine fight and the Captain stayed in control and then I will take a sip of bourbon and admire the beauty of a paradise Island.
That's My Take On it, no pun intended. What's yours - Is the Criticism Fair? To be clear, if MC were replaced today, many posters both here and on all other Mannkind message boards would call for his replacements head beginning tomorrow. They would immediatly point out all his shortcomings and come up with creative ways to insult his / her, intelligence and integrity. |
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Post by #NoMoreNeedles on May 1, 2019 14:08:10 GMT -5
I would like to call out Dr Kendall's performance: To-date he has not delivered on his promises from last year's ASM. 0 publications (posters don't count!) and he is not presenting at conferences.
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Post by mytakeonit on May 1, 2019 14:14:37 GMT -5
I still believe that we need a thumbs down button.
But, that's mytakeonit
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Post by scottmnkd on May 1, 2019 14:34:56 GMT -5
Of course the criticism is fair. You grow from your mistakes and if Mike C. has made mistakes, which he has, then it's my hope he won't repeat those mistakes. I'm a decision maker at my job and get criticized all the time - people talk. That's ok because it's part of the territory. Also, just because someone doesn't like the job management is doing doesn't mean they want MNKD to fail. It simply means they don't like the job management is doing! I'm in that camp for various reasons and hope that it'll turn around. And, I hope that someone from MNKD corporate is reading our posts and taking notes.  |
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Post by radgray68 on May 1, 2019 14:53:21 GMT -5
Young, energetic, hard-working, smart, connected, experienced but not so much that he is inflexible. If I was a short, I would be attacking the best thing Mannkind has going for it, Mike C.
Just relate it to turning around a cruise ship rather than a speed boat.
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Post by uvula on May 1, 2019 15:04:24 GMT -5
Thr first paragraph in this thread is dilutional with no facts to back it up.
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Post by lifebreath on May 1, 2019 15:21:50 GMT -5
Young, energetic, hard-working, smart, connected, experienced but not so much that he is inflexible. If I was a short, I would be attacking the best thing Mannkind has going for it, Mike C. Just relate it to turning around a cruise ship rather than a speed boat. What is the experience you claim he has. This is his first CEO position. I suggest you check his resume. |
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Post by mytakeonit on May 1, 2019 15:46:42 GMT -5
The thing about being a decision maker is that ... most of the people under you won't understand your decisions. AND, that's why we need to wait a week and listen to the CC.
I was a decision maker once, but I wasn't the president of the company. I was the COO who did everything to make $$$ for the company ... and I had a president that didn't understand me or anything that I did. He did know that the company's bottom line turned positive when I took over ... so he stayed out of the way and let me do my thing.
But, that's mytakeonit
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Post by blueice on May 1, 2019 16:15:55 GMT -5
Mike C. seems to be getting a ton of criticism on the Message Boards lately, but is the criticism fair? To answer that question, you would have to know where the criticism is coming from and why some may be criticizing. For the most part; the crux of the criticism seems to be coming from Shorts and individuals who would gain from MNKD's failure. They criticize Mike perhaps because they are afraid, maybe even frightened that he will soon right the ship and put them out of commission for good. This may be somewhat more imminent in nature than many may think. The more they bash Mike and MNKD management, the more they stand to gain. It's the best card that they have to play right now, and they are playing it to death. One rhetorical question may be this, 'If Mike is doing such a bad job, and if things are going the way that your bosses want them to go, why shed light on it?' Why not be quiet and let Mike steer the ship into the bottom of the ocean?
On the other hand, there are some long-term holders that may be criticizing Mike out of frustration. Perhaps one of the most difficult tasks is to get on a ship and have no idea where it's heading. One can guess, while others may cling to every nuance of the Captain, but at the end of the day frustration sets in when no one has a clue where the ship will dock. Will it dock on a paradise like Island? On a deserted terrain? Or will it find itself at the bottom of the ocean? This will cause some to jump overboard in fear and frustration only to drown or turn around and lose mostly everything that they've boarded this ship with. While others on board may sit back and listen to a quartet play a string of tunes while downing their favorite bourbon, wondering in the back of their minds if they should feel so relaxed.
Wherever the criticism may come from, we have to admit that it exists. Is it fair? For some YES, while for others, NO. I continue to say that Mike should be more vocal in regards to MNKD making noise about Al Mann's amazing product! We cannot win a traditional battle because these Corporations and Big Pharmas are too experienced in fighting those types of battles. Fight 'em through unique advertising; Lower A1C's with no needles. Fight 'em with testimonials on Websites. Fight 'em on Twitter; letting everyone know where we are heading and how we plan to get there. Fight 'em with uniqueness; cool color dreamboats and novelty.
At the end of the day, wherever we dock; we can all say that we put up the fine fight and the Captain stayed in control and then I will take a sip of bourbon and admire the beauty of a paradise Island.
That's My Take On it, no pun intended. What's yours - Is the Criticism Fair? I fit into the frustrated long category defined in your 2nd paragraph. As a holder for 5 years, I not only feel like I am on a boat to nowhere, worse, I feel like I am on a container ship to the UAE. Thanks for acknowledging this in your post since there are those of us who do not feel management is showing the leadership investors deserve. Mike has made comments to individuals about "creating wealth in retirement accounts" or things are "all up from here". The messaging is becoming distrustful. Unless he is going to pull a rabbit out of a hat, I am having flashbacks to previous management platitudes that have yielded no value ("position of strength", "embarrassment of riches", "you never preannounce a deal", etc.). There's a point where all of this starts to sound like b.s. just to take advantage of good people. After 5 years, I expect material action that equates to value for shareholders who have invested a great deal in this company, but whose voices are silenced or ignored by management. We deserve better and we deserve more (not to mention an under supported community of diabetics). Ergo, I am very frustrated, Mike is at the helm and he should be held accountable with the BOD. |
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Post by cretin11 on May 1, 2019 17:12:22 GMT -5
Thr first paragraph in this thread is dilutional with no facts to back it up. I think you mean "delusional"? - though "dilutional" does apply to our plight too! As for the original post, I agree this part in particular has no facts to back it up: "For the most part; the crux of the criticism seems to be coming from Shorts and individuals who would gain from MNKD's failure." I believe less than 10% of the criticism of MC is coming from "shorts and individuals who would gain from MNKD's failure." 90% or more of the criticism is coming from frustrated longs. I also have no facts to back up that statement, but I bet it's closer to the truth. The presence of shorts here is greatly overestimated by some. |
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Post by hellodolly on May 1, 2019 17:13:32 GMT -5
Why does it feel like there's an ASM around the corner?
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Post by hellodolly on May 1, 2019 17:17:15 GMT -5
Young, energetic, hard-working, smart, connected, experienced but not so much that he is inflexible. If I was a short, I would be attacking the best thing Mannkind has going for it, Mike C. Just relate it to turning around a cruise ship rather than a speed boat. What is the experience you claim he has. This is his first CEO position. I suggest you check his resume. "Dr. Castagna has over 20 years of experience in healthcare, pharmaceutical, biotech and specialty pharmacy industries. He joins MannKind from Amgen, Inc., where he spent over three years as Vice President, Global Commercial Lead for a portfolio of nine biosimilar drugs and Vice President, Global Lifecycle Management. Prior to Amgen, Dr. Castagna, was Executive Director of Bristol-Myers Squibb’s Immunology franchise, where he served as co-lead to relaunch Orencia IV and launch Orencia SC, both rheumatoid arthritis drugs. Before BMS, Dr. Castagna was with Sandoz (Novartis) as Vice President and Division Head for Biopharmaceuticals, North America, where he established the US Biologics Business Unit and relaunched its lead product, Omnitrope, a human growth hormone. Prior to Sandoz, Dr. Castagna held a variety of positions with EMD (Merck), Serono, Pharmasset and DuPont Pharmaceuticals. Dr. Castagna has been Director of MannKind Corporation since May 25, 2017. Dr. Castagna serves on the board of directors of Pet Partners headquartered in Bellevue, Washington. Dr. Castagna received his Bachelors of Science – Pharmacy degree from Philadelphia College of Pharmacy, his Doctor of Pharmacy from Massachusetts College of Pharmacy and his MBA from the Wharton School of Business at the University of Pennsylvania." Every CEO was a first time CEO. Maybe the choice off words are being parsed here and that may be intentional on your part, but he does have experience in the healthcare industry. Honestly, name a POTUS that has had experience as being POTUS before the first time? Give it a break man. |
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