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Post by buyitonsale on Jan 11, 2020 16:25:41 GMT -5
More investors are now doing what I have been doing for the last 5 years - buying and holding shares and ignoring all negativity along the way... Exactly what I have been doing, buyit. Except, I have stopped ignoring that negativity lately. Despite all my buying, I have done nothing but lose money so far (well, up to 5 months ago, when it bottomed out at $1.05). And, in consideration of all those continued loses, brought on a lot by the 1/5 reverse-split and continued dilution at small stock prices, I have lost confidence in our leader's decision-making and I am very tense going into this Annual Conf Call. I am scared not only for him doubling the number of shares available, but also for the resulting reverse-split that will probably be required when the SP crashes after that announcement.The time to be scared is over in my opinion, I was scared in 2016 and 2017 when bankruptcy seemed like a 50 /50 probability and until more shares were authorized. The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably, but there is nothing thus far to indicate that TreT program will not succeed. As far as authorizing more shares, I am hoping that the company only asks for it after TreT is submitted to FDA for approval or another TS molecule is moved forward. If they do it before, then I will be voting against it, because I feel that we first need a catalyst that moves SP up and authorizing more shares can generate more cash for fewer shares... So, these are still challenging times but not to the point where I would be scared about my investment, just the opposite, I feel better than ever and am looking forward to 2020 and beyond. I will keep adding under $2 when I have an opportunity, and I have brought my average down significantly since RS (I had 200K shares before RS and now have 157K shares) by almost quadrupling my share count. In fact, I would not be surprised if my overall MNKD position turns green sometimes this year. I do not have all the answers and sometimes I am surprised by certain moves that management makes but I definitely know that the only way for me to be successful here is to stay the course and remain positive. I let BOD direct the show and the only thing I can do is average down and vote with my shares when proxy is out ... And most importantly, the reason I have made this investment in MNKD is because I truly believe that Afrezza is a life changing invention for diabetics. This investment in turn will change my life when the time is right All the best to you.
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Post by mnkdfann on Jan 11, 2020 17:39:42 GMT -5
I will keep adding under $2 when I have an opportunity, and I have brought my average down significantly since RS (I had 200K shares before RS and now have 157K shares) by almost quadrupling my share count. In fact, I would not be surprised if my overall MNKD position turns green sometimes this year. I do not have all the answers and sometimes I am surprised by certain moves that management makes but I definitely know that the only way for me to be successful here is to stay the course and remain positive. I let BOD direct the show and the only thing I can do is average down and vote with my shares when proxy is out ... And most importantly, the reason I have made this investment in MNKD is because I truly believe that Afrezza is a life changing invention for diabetics. This investment in turn will change my life when the time is right All the best to you. Wow. Either you and I run in very different socioeconomic circles, or you are far less risk averse than I. I'm fairly certain I will never have that much invested in a single company's stock. Best wishes for investing success to you!
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Post by bababooey on Jan 12, 2020 16:23:24 GMT -5
My cynical guess would be like every other pop....So shorts can short more at higher prices. Check back at every previous pop since inception, has not held it gain and there is no evidence (other than hope) to make me think otherwise.
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Post by bababooey on Jan 12, 2020 16:27:35 GMT -5
Or you could say a drug that is covered by some insurance and that coverage increases each year. A drug recovered from a lousy partner that didn't want it and didn't sell it correctly. Maybe this undervalued company is starting to wiggle its way away from all the chains of the shorts. Who makes you an expert on gauging sadness? I am in the camp that MNKD is finally reaching critical mass. Prior to approval things were pretty predictable based on PDUFA dates and approval versus the CRL. After approval I expected critical mass to be reached after about 3 years of clinical use to determine what lung issues were observed. The Sanofi mess added a year so I was thinking by 2019 things would start coming together. It looks like I was a little too optimistic but 2020 could be the real deal. We all know the story; UT; RLS; TS; and of course the holy grail in diabetes treatment, afrezza. IMO, DXCM with a $22B market cap does not have half the potential of MNKD. What I can tell you is thats more than the current $1.50 pps. Once the kids start using afrezza its off to the moon. sayhey24 ....you also said standard of care would be a guarantee in 2019. Here we are and standard of care dose not include afrezza. I guess its on to the next carrot right?
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Post by bababooey on Jan 12, 2020 16:30:32 GMT -5
More investors are now doing what I have been doing for the last 5 years - buying and holding shares and ignoring all negativity along the way... Exactly what I have been doing, buyit. Except, I have stopped ignoring that negativity lately. Despite all my buying, I have done nothing but lose money so far (well, up to 5 months ago, when it bottomed out at $1.05). And, in consideration of all those continued loses, brought on a lot by the 1/5 reverse-split and continued dilution at small stock prices, I have lost confidence in our leader's decision-making and I am very tense going into this Annual Conf Call. I am scared not only for him doubling the number of shares available, but also for the resulting reverse-split that will probably be required when the SP crashes after that announcement.Ignoring all negativity is a TERRIBLE investment strategy. From your username, I assume you are all in MNKD. Please don't ever fall in love with a stock and ignore all detrimental facts.
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Post by slugworth008 on Jan 12, 2020 16:46:09 GMT -5
There's nothing driving it - there is no explanation. Remember this is MNKD and we've seen this movie one hundred times. Hold and pray for me - cuz the minute I sell anything - a binary event will happen. Of course I've been saying that for 6+ years. Oh God does that hurt to say that. I am looking forward to the Brazil marketing campaign of a free thong with each prescription (for men and women). Whatever it takes!
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Post by letitride on Jan 12, 2020 16:52:31 GMT -5
My cynical guess would be like every other pop....So shorts can short more at higher prices. Check back at every previous pop since inception, has not held it gain and there is no evidence (other than hope) to make me think otherwise. I agree. Since August the pullbacks have not fallen back below 1.02. If it pulled back on Monday my not so cynical guess would be not to close below 1.26. The trading range has been tight and volume has gone low for days at a time. I believe the PPS trend is changing not on hope but on fundamentals of the company itself. Pullbacks are the nature of the beast lets get it past 1.88 and see it pull back to 1.51.
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Post by letitride on Jan 12, 2020 16:59:51 GMT -5
There's nothing driving it - there is no explanation. Remember this is MNKD and we've seen this movie one hundred times. Hold and pray for me - cuz the minute I sell anything - a binary event will happen. Of course I've been saying that for 6+ years. Oh God does that hurt to say that. I am looking forward to the Brazil marketing campaign of a free thong with each prescription (for men and women). Whatever it takes! Im hoping when you start selling it will be about 5 years from now and that binary event will have long since occurred as were both selling at over $100 a share. In the mean time lets just get some blue sky under us. Lets Go!
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Post by slugworth008 on Jan 12, 2020 18:23:58 GMT -5
There's nothing driving it - there is no explanation. Remember this is MNKD and we've seen this movie one hundred times. Hold and pray for me - cuz the minute I sell anything - a binary event will happen. Of course I've been saying that for 6+ years. Oh God does that hurt to say that. I am looking forward to the Brazil marketing campaign of a free thong with each prescription (for men and women). Whatever it takes! Im hoping when you start selling it will be about 5 years from now and that binary event will have long since occurred as were both selling at over $100 a share. In the mean time lets just get some blue sky under us. Lets Go! DILLY ! DILLY !
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Post by ltta on Jan 12, 2020 20:21:48 GMT -5
I sold shares in early December for a tax write off.
Waiting for wash rules and I plan to buy more in January.
Could be others be doing the same???
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Post by morfu on Jan 12, 2020 20:34:46 GMT -5
Exactly what I have been doing, buyit. Except, I have stopped ignoring that negativity lately. Despite all my buying, I have done nothing but lose money so far (well, up to 5 months ago, when it bottomed out at $1.05). And, in consideration of all those continued loses, brought on a lot by the 1/5 reverse-split and continued dilution at small stock prices, I have lost confidence in our leader's decision-making and I am very tense going into this Annual Conf Call. I am scared not only for him doubling the number of shares available, but also for the resulting reverse-split that will probably be required when the SP crashes after that announcement.The time to be scared is over in my opinion, I was scared in 2016 and 2017 when bankruptcy seemed like a 50 /50 probability and until more shares were authorized. The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably, but there is nothing thus far to indicate that TreT program will not succeed. As far as authorizing more shares, I am hoping that the company only asks for it after TreT is submitted to FDA for approval or another TS molecule is moved forward. If they do it before, then I will be voting against it, because I feel that we first need a catalyst that moves SP up and authorizing more shares can generate more cash for fewer shares... So, these are still challenging times but not to the point where I would be scared about my investment, just the opposite, I feel better than ever and am looking forward to 2020 and beyond. I will keep adding under $2 when I have an opportunity, and I have brought my average down significantly since RS (I had 200K shares before RS and now have 157K shares) by almost quadrupling my share count. In fact, I would not be surprised if my overall MNKD position turns green sometimes this year. I do not have all the answers and sometimes I am surprised by certain moves that management makes but I definitely know that the only way for me to be successful here is to stay the course and remain positive. I let BOD direct the show and the only thing I can do is average down and vote with my shares when proxy is out ... And most importantly, the reason I have made this investment in MNKD is because I truly believe that Afrezza is a life changing invention for diabetics. This investment in turn will change my life when the time is right All the best to you. >> The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably
So translating that into EPS, we are looking at a net loss of about mil40$ in 2019 (which roughly translates to -.15$ per share) and probably half of that for 2020. Assuming you are right in 2021 or soon after EPS will be positive and improve with lets say 0.1$ per year. So let´s assume in about 10 years the EPS will hit 1$ (a little longer and a little less over all if the great management keeps giving shares away without need.. only 2% more this Christmas)
So, what is a fair current value for a share with an expected EPS of 1$ in 10years, are there examples of similar stocks?
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Post by letitride on Jan 12, 2020 20:36:32 GMT -5
Looks like your ready to ride to me. Building a wave. Lets Go!
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Post by akemp3000 on Jan 12, 2020 20:49:08 GMT -5
The time to be scared is over in my opinion, I was scared in 2016 and 2017 when bankruptcy seemed like a 50 /50 probability and until more shares were authorized. >> The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably
So translating that into EPS, we are looking at a net loss of about mil40$ in 2019 (which roughly translates to -.15$ per share) and probably half of that for 2020. Assuming you are right in 2021 or soon after EPS will be positive and improve with lets say 0.1$ per year. So let´s assume in about 10 years the EPS will hit 1$ (a little longer and a little less over all if the great management keeps giving shares away without need.. only 2% more this Christmas)
So, what is a fair current value for a share with an expected EPS of 1$ in 10years, are there examples of similar stocks? Hahaha...I admit I literally laughed out loud and spit wine when I saw a 10-year projection of a $.10 per year improvement. This really needs to be saved! OMG...priceless.
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Post by brotherm1 on Jan 12, 2020 21:16:56 GMT -5
The time to be scared is over in my opinion, I was scared in 2016 and 2017 when bankruptcy seemed like a 50 /50 probability and until more shares were authorized. The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably, but there is nothing thus far to indicate that TreT program will not succeed. As far as authorizing more shares, I am hoping that the company only asks for it after TreT is submitted to FDA for approval or another TS molecule is moved forward. If they do it before, then I will be voting against it, because I feel that we first need a catalyst that moves SP up and authorizing more shares can generate more cash for fewer shares... So, these are still challenging times but not to the point where I would be scared about my investment, just the opposite, I feel better than ever and am looking forward to 2020 and beyond. I will keep adding under $2 when I have an opportunity, and I have brought my average down significantly since RS (I had 200K shares before RS and now have 157K shares) by almost quadrupling my share count. In fact, I would not be surprised if my overall MNKD position turns green sometimes this year. I do not have all the answers and sometimes I am surprised by certain moves that management makes but I definitely know that the only way for me to be successful here is to stay the course and remain positive. I let BOD direct the show and the only thing I can do is average down and vote with my shares when proxy is out ... And most importantly, the reason I have made this investment in MNKD is because I truly believe that Afrezza is a life changing invention for diabetics. This investment in turn will change my life when the time is right All the best to you. >> The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably
So translating that into EPS, we are looking at a net loss of about mil40$ in 2019 (which roughly translates to -.15$ per share) and probably half of that for 2020. Assuming you are right in 2021 or soon after EPS will be positive and improve with lets say 0.1$ per year. So let´s assume in about 10 years the EPS will hit 1$ (a little longer and a little less over all if the great management keeps giving shares away without need.. only 2% more this Christmas)
So, what is a fair current value for a share with an expected EPS of 1$ in 10years, are there examples of similar stocks?
The mean S&P 500 ratio is about 21 or so x earnings
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Post by sportsrancho on Jan 12, 2020 22:03:48 GMT -5
>> The company is now looking at CFBE in 2021 if TreT gets approved. If it is not approved then it would take another 2 years probably
So translating that into EPS, we are looking at a net loss of about mil40$ in 2019 (which roughly translates to -.15$ per share) and probably half of that for 2020. Assuming you are right in 2021 or soon after EPS will be positive and improve with lets say 0.1$ per year. So let´s assume in about 10 years the EPS will hit 1$ (a little longer and a little less over all if the great management keeps giving shares away without need.. only 2% more this Christmas)
So, what is a fair current value for a share with an expected EPS of 1$ in 10years, are there examples of similar stocks?
The mean S&P 500 ratio is about 21 or so x earnings What does it mean when someone’s name is encrypted on the corporate website? investors.mannkindcorp.com/corporate-governance/management
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