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Post by wgreystone on Jun 26, 2019 13:53:26 GMT -5
I used to buy whenever it got close to $1. Not this time. Can't see any good news on the near horizon.
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Post by mcbone on Jun 26, 2019 14:11:17 GMT -5
I used to buy whenever it got close to $1. Not this time. Can't see any good news on the near horizon. We got close to $1 right before the UTHR deal. There was nothing on the “horizon” then, either. Indeed, that situation was far worse than now. The "hit" articles had been published, predicting imminent bankruptcy for MNKD. The shorts were circling like vultures. MNKD mgmt was completely silent, and it truly looked like the cash was going to run out in weeks, not months. And then, miraculously, the deus ex machina UTHR deal was announced and the pps flew up quickly. Who knows what will happen this time, but my bet is that there's more of a wild ride in store rather than imminent gloom and doom. |
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Post by figglebird on Jun 26, 2019 14:12:33 GMT -5
What it means is that as the price continues down - leaps(which in this case would be 18 months out) are selling at their lowest levels: eg several months ago a 3 dollar 1/21 was ..80 cents on the dollar... 100 shares nets 80 dollar premium - if sold then you could buy back now for 21 bucks... Which is not abnormal w price declines... that's all - if the stock were to fall below a dollar I assume most of my calls could be closed at 1/20 the the price sold - however, that is not something I would look fwd to necessarily.
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Post by wgreystone on Jun 26, 2019 15:31:32 GMT -5
I used to buy whenever it got close to $1. Not this time. Can't see any good news on the near horizon. We got close to $1 right before the UTHR deal. There was nothing on the “horizon” then, either. Indeed, that situation was far worse than now. The "hit" articles had been published, predicting imminent bankruptcy for MNKD. The shorts were circling like vultures. MNKD mgmt was completely silent, and it truly looked like the cash was going to run out in weeks, not months. And then, miraculously, the deus ex machina UTHR deal was announced and the pps flew up quickly. Who knows what will happen this time, but my bet is that there's more of a wild ride in store rather than imminent gloom and doom. Last year, I still held the hope that super growth of Afrezza sales might happen soon. The UTHR deal didn't give the SP much boost (or at least it's not long lasting boost). |
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Post by ktim on Jun 26, 2019 16:05:31 GMT -5
I used to buy whenever it got close to $1. Not this time. Can't see any good news on the near horizon. We got close to $1 right before the UTHR deal. There was nothing on the “horizon” then, either. Indeed, that situation was far worse than now. The "hit" articles had been published, predicting imminent bankruptcy for MNKD. The shorts were circling like vultures. MNKD mgmt was completely silent, and it truly looked like the cash was going to run out in weeks, not months. And then, miraculously, the deus ex machina UTHR deal was announced and the pps flew up quickly. Who knows what will happen this time, but my bet is that there's more of a wild ride in store rather than imminent gloom and doom. Actually, we knew Tret had successful Phase I, so certainly it was more on the horizon than any other API we have now. We didn't know the exact timing, but we were led to expect that they had spent the money on the Phase I with expectation of getting a partner at that point. We've now been told by management that deals pre Phase I are likely to not be good enough for them to wish to do them. |
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