|
|
Post by prcgorman2 on Apr 22, 2020 14:39:09 GMT -5
Up 5 cents on lighter than usual volume. COVID-19 must have made the shorts sick (of MNKD).
|
|
|
|
Post by mytakeonit on Apr 22, 2020 15:24:47 GMT -5
Ting Ting Ting ... did you hear me ringing the triangle? Woke up this morning and cleaned my kitchen floor that my wife seemed to have made oily from frying something ... changed the ink cartridge in my printer that my wife was having problems with ... and made almost $8k for myself trading MNKD. Ahhh ... the life of a Super Hero.
But, that's mytakeonit
|
|
|
|
Volume Six
Apr 22, 2020 16:23:45 GMT -5
via mobile
Post by sportsrancho on Apr 22, 2020 16:23:45 GMT -5
Up 5 cents on lighter than usual volume. COVID-19 must have made the shorts sick (of MNKD). ..absolutely why short little old us when you can short Macy’s:-) |
|
|
|
Post by mango on Apr 23, 2020 10:36:38 GMT -5
I made a note this morning.  |
|
|
|
Volume Six
Apr 23, 2020 10:50:50 GMT -5
via mobile
Post by cjm18 on Apr 23, 2020 10:50:50 GMT -5
I made a note this morning. They are partnered with the gates foundation. And 4x market cap vs mnkd. |
|
|
|
Post by rfogel on Apr 23, 2020 10:54:47 GMT -5
Well, to be fair, before the covid hysteria, NVAX had a market cap of only about 200 million which is less than MNKD's current 275 million.
|
|
|
|
Post by awesomo on Apr 23, 2020 10:59:34 GMT -5
PPS is a meaningless metric, market cap is what to look at.
Biotechs are valued off speculation and potential, MannKind has had an FDA approved drug on the market for almost 6 years and has made little progress in penetrating the market. Blame whoever you want to blame, but that is the bottom line.
|
|
|
|
Post by mango on Apr 23, 2020 11:04:46 GMT -5
I made a note this morning. They are partnered with the gates foundation. And 4x market cap vs mnkd. Market cap does not reflect a company's actual current real value. That is what intrinsic value is. Market capitalization refers to the total dollar market value of a company's outstanding shares of stock. A company's actual current REAL value = intrinsic value and that is not reflected by market cap. NVAX has hardly any real intrinsic value and being partnered with the Gates Foundation is not really a big deal. NVAX does not even have a manufacturing facility, MannKind on the other hand does. MannKind has a significantly much higher intrinsic value compared to NVAX, and intrinsic value matters significantly more than market cap if you care about the actual real value of a company (what the company is actually worth). Not sure why people get so hung up on MC. Intrinsic value is where it is at. MC is a meaningless metric when it comes to a company's actual current real worth, which is derived from its intrinsic value. |
|
|
|
Post by awesomo on Apr 23, 2020 11:08:25 GMT -5
Because you put up PPS as the final underlined discrepancy over the disconnect. PPS is a lot more meaningless than market cap.
|
|
|
|
Post by mango on Apr 23, 2020 11:10:18 GMT -5
Because you put up PPS as the final underlined discrepancy over the disconnect. PPS is a lot more meaningless that market cap. I understand what you're saying, but a higher demand for shares increases both. You are not going to have a high MC with a low PPS. The demand for shares and willingness to pay for increased PPS will drive up a MC. It really is more connected to MC than you imply. |
|
|
|
Volume Six
Apr 23, 2020 11:15:25 GMT -5
via mobile
Post by cjm18 on Apr 23, 2020 11:15:25 GMT -5
As a shareholder I couldn’t care less about intrinsic value.
|
|
|
|
Post by porkini on Apr 23, 2020 11:17:32 GMT -5
Because you put up PPS as the final underlined discrepancy over the disconnect. PPS is a lot more meaningless that market cap. I understand what you're saying, but a higher demand for shares increases both. You are not going to have a high MC with a low PPS. The demand for shares and willingness to pay for increased PPS will drive up a MC. It really is more connected to MC than you imply. I came up with the following equation from that: MC = 420 I might have used the wrong MC though.  |
|
|
|
Volume Six
Apr 23, 2020 11:20:13 GMT -5
via mobile
Post by mango on Apr 23, 2020 11:20:13 GMT -5
As a shareholder I couldn’t care less about intrinsic value. That makes no sense. An investor should always care about what the company is actually worth if he/she is going to invest in the company. To not care about that is stupidity, and probably should not be investing in the first place. |
|
|
|
Post by awesomo on Apr 23, 2020 11:20:58 GMT -5
Because you put up PPS as the final underlined discrepancy over the disconnect. PPS is a lot more meaningless that market cap. I understand what you're saying, but a higher demand for shares increases both. You are not going to have a high MC with a low PPS. The demand for shares and willingness to pay for increased PPS will drive up a MC. It really is more connected to MC than you imply. PPS is dependent on how many shares are out there. Ford has a PPS of under $5 but a market cap of almost $20B, GE is at $6.70 PPS with a MC of $58B. So you can have a high MC with a low PPS. |
|
|
|
Post by mango on Apr 23, 2020 11:24:00 GMT -5
I understand what you're saying, but a higher demand for shares increases both. You are not going to have a high MC with a low PPS. The demand for shares and willingness to pay for increased PPS will drive up a MC. It really is more connected to MC than you imply. PPS is dependent on how many shares are out there. Ford has a PPS of under $5 but a market cap of almost $20B, GE is at $6.70 PPS with a MC of $58B. So you can have a high MC with a low PPS. Touche. MC still doesn't reflect a company's actual current real value is all I am saying. PPS is meaningless in that regard as well, but I was just pointing out the huge discrepancy between the two is all. Thank you for clearing that up for me. |
|
