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Post by purge on Aug 17, 2014 19:46:12 GMT -5
Who is buying more at these levels?
If you are not buying more at these levels, at what price would you consider buying more?
I unloaded a large percent of my shares over $10. I am still upset with the drop in share price. I figured there would be a drop but not like this.
I was not planning on purchasing those shares back when I sold them. Now we have had this large of a drop I am considering buying those shares back.
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Post by dreamboatcruise on Aug 17, 2014 20:53:30 GMT -5
Who is buying more at these levels? If you are not buying more at these levels, at what price would you consider buying more? I unloaded a large percent of my shares over $10. I am still upset with the drop in share price. I figured there would be a drop but not like this. I was not planning on purchasing those shares back when I sold them. Now we have had this large of a drop I am considering buying those shares back. Congrats on having the the foresight or perhaps luck to sell above $10. I am considering buying more but unconvinced the drop is over. I see wishful thinking about imaginary deal terms from segments of the shareholder base, so I still see room for further disappointment before sales start rolling in. Countering that, I see a chance that we might have some good news when the actual agreement details are released in less than 3 months. Perhaps there will be some terms committing Sanofi to very aggressive marketing that will put the 65/35 split in a better light. But... we could be in for a rough couple of months. |
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Post by novafett on Aug 18, 2014 11:03:08 GMT -5
I'm suprised but also glad to see the share price rising again today. I was considering buying last week below th $7 mark but got side tracked on Friday. Now it's on the rise again. Win-Win!  |
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Post by purge on Aug 20, 2014 6:32:45 GMT -5
Seriously?
Is no one really buying more?
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Post by papihoyos on Aug 20, 2014 7:13:45 GMT -5
selling more puts
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Post by rak5555 on Aug 20, 2014 7:40:10 GMT -5
I have been buying back some of what I sold on day of partner announcement. Also took the hit to extend Jan '15 calls to Jan '16.
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Post by noonen on Aug 21, 2014 8:25:27 GMT -5
had some puts assigned to me.. was a bit too optimistic(greedy?) with my strike. whatever. we'll see what happens in a couple years.
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Post by liane on Aug 21, 2014 8:37:48 GMT -5
noonen,
What strike and expiration?
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Post by noonen on Aug 21, 2014 10:02:57 GMT -5
the aug '14 8's that expired last fri/sat.
options in this stock have owned me. bought jan '14 5 and 7 calls wayyy cheap in either '13 or late '12 (if they were available in '12 can't remember). thought approval would happen by jan '14 (ha!), watched them skyrocket something ridiculous, then ended up selling for breakeven.
the aug '14 puts i sold to finance some aug '14 10 calls which i didn't sell when they were green either. of course. admittedly a doubly bullish risky play, but what the hell, right?
i'm sticking to plain old stock from here on out. I think.
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Post by zieg on Aug 21, 2014 13:34:00 GMT -5
Buying a little every day. After Approval, I told myself I would sit and hold (what I have) and ignore all media boards. Obviously, I haven't done that. Too exciting not to be buying at "potentially" these discount prices. I still believe that 3 years from now, our MNKD investment will have returned at a larger % than anything else. Hope I'm right. Too much upside not to invest.
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Post by leepoffaith on Aug 22, 2014 7:56:19 GMT -5
Personally, I bought some right under $9 (Probably not the best idea, but I really didn't think we would be down in the 6's again) and then bought another 1200 shares at $6.72. I'm completely out of resources to invest anymore so there is no more buying for me! Overall throughout all my accounts I own 4542 shares at an average price of $7.67 which I'm am very happy with. I'm in this for the long haul and have no doubt that within a year we look back and think "Damn, I should have loaded up at $7 because we will never see that price again." |
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Post by mannmade on Aug 22, 2014 9:51:24 GMT -5
leepoffaith, in the long run (actually not too distant future, say 12 to 18 months) I think you will be very happy with your investment. Any honest long (and certainly everyone on this board) will tell you that no one in their wildest imagination thought we would be where we are with share price given the past successful events... I have been in mnkd for five years or so. I own it as low as $1.62 and as high as $10.28. So take comfort my friend you are not alone... And like you, I am short on powder but will accumulate where I can... Keep the faith...
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Post by seanismorris on Aug 22, 2014 9:56:21 GMT -5
I bought another 1000 shares at 7$ today.
If we can keep MNKD above 7$ we all benefit. The 200 day MA could be a problem if we break below it.
Just doing my part : )
And, every little bit helps in these low volume no news days.
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Post by leepoffaith on Aug 22, 2014 12:06:03 GMT -5
Mannmade, thank you for the kind words. I've only been involved with Mannkind for roughly 5 months, but it's been a crazy ride the whole time so I'm kinda used to it. My first purchase was buying 1000 shares at $5.50 a week or so before Ad-Com. I read all the information myself and really felt the drug would be approved. Well, as Ad-Com approached we dropped all the way to the mid 3's and I just about had a heart attack, but I kept my shares and I was grinning ear to ear when it jumped 100% the day after. From then on I have added where I felt it was priced well given the information I had. Both myself and my partner are in the healthcare field and truly believe this is going to be a great thing for diabetics and will become a successful drug. After reading an article a while back about MNKD wanting a partner that would not compete with their product but was a big player in Diabetes I had been hoping for Sanofi. When they announced that is who they chose I was very excited. Sanofi WILL make this drug successful as long as there are no unexpected negative side effects we are not aware of. I'm relatively young (30) and plan on keeping this stock until I retire so while seeing the stock drop in price is still hard to watch, I'm really not all that worried.
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