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Post by falconquest on Jun 19, 2020 7:45:45 GMT -5
Let's recall that BlackRock alone owns nearly 15M shares. Institutions as a whole own the majority of shares. Overall retail is small.
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Volume 7
Jun 19, 2020 7:51:59 GMT -5
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Post by brotherm1 on Jun 19, 2020 7:51:59 GMT -5
I’m honestly wondering if the Tret-T approval is not already priced in at this time. With about $36M Aftezza sales plus estimated $40M trep sales valued at 5x revenue = market cap of $380M which is about what it currently is Why are you using 5x? Why not 10x or 15x Revenues? ? ? ? |
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Post by figglebird on Jun 19, 2020 8:02:41 GMT -5
Not an unfair question based on multi year proj top line growth and operational reduction - five times would be arguably very low for a biotech...
Now debt plays into this but not necessarily at the level it used to
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Volume 7
Jun 19, 2020 8:43:44 GMT -5
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Post by brotherm1 on Jun 19, 2020 8:43:44 GMT -5
Not an unfair question based on multi year proj top line growth and operational reduction - five times would be arguably very low for a biotech... Now debt plays into this but not necessarily at the level it used to What’s the multiyear growth rate you are referring to? |
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Post by prcgorman2 on Jun 19, 2020 8:50:12 GMT -5
Several folks have suggested the recent volume is related to the warrants expiring this month. I believe we’ve seen similar activity around warrants expiration before so I agree with them. Option expiration at the month and the quarter today so that could play in to, I agree. I completely disagree with cretin about board posting always being on the up and up. Complete hogwash. Oh yes, the market only ever moves on the purest of motivations. I don’t think even cretin believes that. Anyone who does any research about stock price manipulation will turn up ample examples. Supposedly there is an example of bragging about it in one of Cramer’s books admitting to it, but I wouldn’t know for sure since I’ve never read any of his books. He’s smart and well educated, but I wouldn’t trust him as far as I could throw him. Cretin, check out what the US Securities and Exchange Commission has to say about social media and stock price maniuplation: www.sec.gov/oiea/investor-alerts-bulletins/ia_rumors.htmlprc, I’m not disagreeing with you on that general principle. My point is more narrow, that on this particular message board our posts do not move the price. The only exceptions being things like when incorrect script count was reported, or back when MC posted here (obviously a CEO posting carries more weight than the rest of us). I’m really just poking fun at certain folks here who claim that some posters on proboards are shorts or paid bashers, and that such posting activity is unfairly holding down share price. Why poke fun? The SEC went to the trouble of writing an investor alert warning them of just such behaviors. If the SEC says it's happening, why should anyone believe otherwise? |
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Post by awesomo on Jun 19, 2020 9:37:40 GMT -5
Some are pumpers, some are bashers; they can influence lighter traded equities in the short term. Certainly not some multi-year long conspiracy though.
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Volume 7
Jun 19, 2020 9:59:38 GMT -5
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Post by cretin11 on Jun 19, 2020 9:59:38 GMT -5
prc, I’m not disagreeing with you on that general principle. My point is more narrow, that on this particular message board our posts do not move the price. The only exceptions being things like when incorrect script count was reported, or back when MC posted here (obviously a CEO posting carries more weight than the rest of us). I’m really just poking fun at certain folks here who claim that some posters on proboards are shorts or paid bashers, and that such posting activity is unfairly holding down share price. Why poke fun? The SEC went to the trouble of writing an investor alert warning them of just such behaviors. If the SEC says it's happening, why should anyone believe otherwise? On this message board specifically? Who is a paid short or basher here? I think it’s a laughable assertion so I’ll poke fun at those repeatedly claiming it. If I’m proven wrong then I’ll apologize. |
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Post by falconquest on Jun 19, 2020 10:05:35 GMT -5
Why poke fun? The SEC went to the trouble of writing an investor alert warning them of just such behaviors. If the SEC says it's happening, why should anyone believe otherwise? On this message board specifically? Who is a paid short or basher here? I think it’s a laughable assertion so I’ll poke fun at those repeatedly claiming it. If I’m proven wrong then I’ll apologize. The more important question may be, if they are paid, who's paying them? Where do I sign up? It's a fallacy IMO. |
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Post by peppy on Jun 19, 2020 10:06:12 GMT -5
Why poke fun? The SEC went to the trouble of writing an investor alert warning them of just such behaviors. If the SEC says it's happening, why should anyone believe otherwise? I think it’s a laughable assertion so I’ll poke fun at those repeatedly claiming it. If I’m proven wrong then I’ll apologize. huh? There are people in this board, who post regularly, some who have given dates of the expected demise in the past. Check the years,2017, 2018. mnkd.proboards.com/user/2019/recent |
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Post by prcgorman2 on Jun 19, 2020 10:15:21 GMT -5
Why poke fun? The SEC went to the trouble of writing an investor alert warning them of just such behaviors. If the SEC says it's happening, why should anyone believe otherwise? On this message board specifically? Who is a paid short or basher here? I think it’s a laughable assertion so I’ll poke fun at those repeatedly claiming it. If I’m proven wrong then I’ll apologize. OK, I admit it. Your post(s) finally made me laugh. |
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Volume 7
Jun 19, 2020 10:24:34 GMT -5
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Post by cretin11 on Jun 19, 2020 10:24:34 GMT -5
On this message board specifically? Who is a paid short or basher here? I think it’s a laughable assertion so I’ll poke fun at those repeatedly claiming it. If I’m proven wrong then I’ll apologize. OK, I admit it. Your post(s) finally made me laugh. Good, it’s about time you joined me! LOL And peppy, I still see no evidence from your post of anyone here being a paid short or basher. |
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Post by peppy on Jun 19, 2020 10:31:30 GMT -5
OK, I admit it. Your post(s) finally made me laugh. Good, it’s about time you joined me! LOL And peppy, I still see no evidence from your post of anyone here being a paid short or basher. That is because I would need to read through 5 years of posts and post them for your satisfaction. NO. you do not think there are any shorters here, ok. what ever. (prove it.) |
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Volume 7
Jun 19, 2020 11:31:57 GMT -5
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Post by cretin11 on Jun 19, 2020 11:31:57 GMT -5
Good, it’s about time you joined me! LOL And peppy, I still see no evidence from your post of anyone here being a paid short or basher. That is because I would need to read through 5 years of posts and post them for your satisfaction. NO. you do not think there are any shorters here, ok. what ever. (prove it.) peppy, I’m sorry but you’re not getting it. Of course there have been shorters on this board, as they have stated such. My point is that there aren’t “paid bashers” who are making misleading posts on here with the intent to move the share price down, and that such posting behavior on this message board would have any effect even if they do try. MNKD stock moves up and down independently from any posting on this board. Anybody believing this stock is being “held down” by negative posts on proboards is deluding themselves. They’re welcome to do so! But some of us like to call BS when we see it. |
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Post by Chris-C on Jun 19, 2020 11:43:23 GMT -5
FWIW, I offer some comments regarding market manipulation on boards, the risks of investing, and a MNKD metaphor
IMHO, IF people are desperate enough to spend time on a board bashing a small speculative company they don't own, then I have compassion for their situation, whether it is due to frustration, boredom, or the need to "harm" the company for an investment that didn't reach their lofty expectations. Most inexperienced investors will get burned by the market, especially those seeking quick riches. The market nibbles on the money of newbie investors as snack food. Successful investors recite the same advice: Be very well informed (and stay informed), be very patient, (think long term), and never invest money you can't afford to lose, (especially avoiding speculative margin trades). We've all probably made one or more of these mistakes.
I'll freely admit that although I thought I was well informed, I didn't reason carefully enough about the many adoption headwinds to Afrezza. What began as an investment in six figures is now half its original value. Yet, I still believe in the company despite the reverse split, self inflicted wounds, and the questionable judgment of leadership and the trustees. Yet, I am also mindful that those people have lots of information I don't have.
Now, in hindsight, after 8 years of a story filled with amazing twists and turns, I acutely realize the challenges to MNKD I underestimated at the beginning. First among these is that when it comes to paradigm shifts in healthcare that involve challenges to the long established status quo, the gatekeepers (endos, primary care providers and even people with diabetes) tend to stay in their comfort zones and resist change. Those long investors still here all know the many, many facets of this story.
Now, I observe with a more detached attitude and I frame the company's story in metaphorical terms. I think about MNKD as a novice mountain climbing crew that decided to start in the Himalayas. Their most skilled guide was Al Mann, and even with Al, the climbing expedition lacked the skills, resources, and weather conditions necessary for a successful ascent. And, besides, Al was way too old to continue climbing once approval was finally granted.
So, to be honest, from my vantage point, I'm pleased that the company still exists, having prevailed through countless landslides of adversity. And paid bashers, if they are here, are the very least of my concerns. Now, it's a story about endurance, unexpected weather, falling ice, and clear thinking. Let's hope the lead climbers have the humility, patience, and judgment that are critical to success in a dangerous, oxygen deprived environment that prevails over many climbers, even some experts.
GLTAL
Keep climbing.
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Post by esstan2001 on Jun 19, 2020 11:58:20 GMT -5
FWIW, I offer some comments regarding market manipulation on boards, the risks of investing, and a MNKD metaphor IMHO, IF people are desperate enough to spend time on a board bashing a small speculative company they don't own, then I have compassion for their situation, whether it is due to frustration, boredom, or the need to "harm" the company for an investment that didn't reach their lofty expectations. Most inexperienced investors will get burned by the market, especially those seeking quick riches. The market nibbles on the money of newbie investors as snack food. Successful investors recite the same advice: Be very well informed (and stay informed), be very patient, (think long term), and never invest money you can't afford to lose, (especially avoiding speculative margin trades). We've all probably made one or more of these mistakes. I'll freely admit that although I thought I was well informed, I didn't reason carefully enough about the many adoption headwinds to Afrezza. What began as an investment in six figures is now half its original value. Yet, I still believe in the company despite the reverse split, self inflicted wounds, and the questionable judgment of leadership and the trustees. Yet, I am also mindful that those people have lots of information I don't have. Now, in hindsight, after 8 years of a story filled with amazing twists and turns, I acutely realize the challenges to MNKD I underestimated at the beginning. First among these is that when it comes to paradigm shifts in healthcare that involve challenges to the long established status quo, the gatekeepers (endos, primary care providers and even people with diabetes) tend to stay in their comfort zones and resist change. Those long investors still here all know the many, many facets of this story. Now, I observe with a more detached attitude and I frame the company's story in metaphorical terms. I think about MNKD as a novice mountain climbing crew that decided to start in the Himalayas. Their most skilled guide was Al Mann, and even with Al, the climbing expedition lacked the skills, resources, and weather conditions necessary for a successful ascent. And, besides, Al was way too old to continue climbing once approval was finally granted. So, to be honest, from my vantage point, I'm pleased that the company still exists, having prevailed through countless landslides of adversity. And paid bashers, if they are here, are the very least of my concerns. Now, it's a story about endurance, unexpected weather, falling ice, and clear thinking. Let's hope the lead climbers have the humility, patience, and judgment that are critical to success in a dangerous, oxygen deprived environment that prevails over many climbers, even some experts. GLTAL Keep climbing. Excellent post. Great metaphor.
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