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Post by neil36 on Jan 25, 2020 22:28:34 GMT -5
Annual MNKD returns since Afrezza hit the market
Dec 31, 2013 close $26.00
Dec 31, 2014 close $28.20 (up 8.4%)
Dec 31 2015 close $7.25 (down 74.3%)
Dec 30 2016 close $3.18 (down 56.14%)
Dec 29 2017 close $2.32 (down 27%)
Dec 31 2018 close $1.06 (down 54.3%)
Dec 31 2019 close.$1.29 (up 21.7%)
Year to date 2020 at $1.76 (up 34.6%)
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Post by georgethenight2 on Jan 26, 2020 0:04:48 GMT -5
Annual MNKD returns since Afrezza hit the market Dec 31, 2013 close $26.00 Dec 31, 2014 close $28.20 ( up 8.4%) Dec 31 2015 close $7.25 ( down 74.3%) Dec 30 2016 close $3.18 ( down 56.14%) Dec 29 2017 close $2.32 ( down 27%) Dec 31 2018 close $1.06 ( down 54.3%) Dec 31 2019 close.$1.29 ( up 21.7%) Year to date 2020 at $1.76 ( up 34.6%) Does this reflect the rs? |
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Post by neil36 on Jan 26, 2020 0:10:13 GMT -5
Annual MNKD returns since Afrezza hit the market Dec 31, 2013 close $26.00 Dec 31, 2014 close $28.20 ( up 8.4%) Dec 31 2015 close $7.25 ( down 74.3%) Dec 30 2016 close $3.18 ( down 56.14%) Dec 29 2017 close $2.32 ( down 27%) Dec 31 2018 close $1.06 ( down 54.3%) Dec 31 2019 close.$1.29 ( up 21.7%) Year to date 2020 at $1.76 ( up 34.6%) Does this reflect the rs? Yes |
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Post by prcgorman2 on Jan 26, 2020 0:13:30 GMT -5
Afrezza started selling in 2015, not 2013. It was approved by the FDA in 2014.
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Post by neil36 on Jan 26, 2020 0:39:28 GMT -5
Afrezza started selling in 2015, not 2013. It was approved by the FDA in 2014. 2013 and 2014 numbers provided for context |
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Post by mytakeonit on Jan 26, 2020 2:04:53 GMT -5
So ... (52 weeks/3.5 weeks) = 14.857 and multiply that by 34.6% = 514% 5.14 x $1.29 = $6.63 as year end pps? Hmmm ... seems a little low.  Maybe we need to factor in the CC multiplier? But, that's mytakeonit |
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Post by mnkdfann on Jan 26, 2020 2:42:07 GMT -5
The last few weeks were crazy in the markets. All sorts of stocks were up huge. Was MNKD's rise specific to the company or just a part of the overall melt-up? Time will tell. I sold all my MNKD shares a few weeks ago, so I am just watching at this point.
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Post by falconquest on Jan 26, 2020 7:14:27 GMT -5
The last few weeks were crazy in the markets. All sorts of stocks were up huge. Was MNKD's rise specific to the company or just a part of the overall melt-up? Time will tell. I sold all my MNKD shares a few weeks ago, so I am just watching at this point. To your point, I own another developmental stage biotech stock that is up significantly so your theory could be valid. In the last two days it has pulled back from it's highs so perhaps more evidence of broader market changes in price. |
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Post by thekid2499 on Jan 26, 2020 9:24:59 GMT -5
The last few weeks were crazy in the markets. All sorts of stocks were up huge. Was MNKD's rise specific to the company or just a part of the overall melt-up? Time will tell. I sold all my MNKD shares a few weeks ago, so I am just watching at this point. I think it is specific to MNKD. The market generally has been great (way up since 2013) while MNKD has been way down. I don't think MNKD is all of a sudden rising with the market. |
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Post by prcgorman2 on Jan 26, 2020 9:48:59 GMT -5
Agree. It may be that buy orders are larger based on confidence in the market overall, but money isn’t just being sprayed randomly at all the boats being lifted by the tide.
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Post by rfogel on Jan 26, 2020 9:49:29 GMT -5
I noticed inhaled drug developing pharma, Liquidia, also rallied from about $4 to $7 over the past couple of weeks. Perhaps analysts are taking note of inhaled therapy's potential.
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Post by prcgorman2 on Jan 26, 2020 9:51:32 GMT -5
The last few weeks were crazy in the markets. All sorts of stocks were up huge. Was MNKD's rise specific to the company or just a part of the overall melt-up? Time will tell. I sold all my MNKD shares a few weeks ago, so I am just watching at this point. Too bad we can’t change our nom de plume. Yours could change to mnkdffann (Mannkind former fan).  |
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Post by brotherm1 on Jan 26, 2020 10:24:33 GMT -5
The last few weeks were crazy in the markets. All sorts of stocks were up huge. Was MNKD's rise specific to the company or just a part of the overall melt-up? Time will tell. I sold all my MNKD shares a few weeks ago, so I am just watching at this point. Too bad we can’t change our nom de plume. Yours could change to mnkdffann (Mannkind former fan). Why agitate? |
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Post by brotherm1 on Jan 26, 2020 10:28:32 GMT -5
Perhaps the increase in analyst coverage/price targets is at least partly responsible for the rise. MC not long ago did say he would be knocking on their doors.
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Post by sportsrancho on Jan 26, 2020 10:35:41 GMT -5
Perhaps the increase in analyst coverage/price targets is at least partly responsible for the rise. MC not long ago did say he would be knocking their on doors. I think it must be Kuka:-) |
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Maybe we need to factor in the CC multiplier?
