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Post by mango on Apr 28, 2023 9:31:02 GMT -5
I think it’s a financial drain to have execs in such a ridiculously high cost of living area. I’m not sure why anyone would choose to live in CA, much less Westlake. Move the Exec HQ to a more cost friendly location that is safe, clean and offers plenty of enjoyable activities. Agree. A better location might be somewhere like… Danbury, CT. I’m not sure Danbury, CT is a desirable place to live. More desirable than Westlake, CA? Absolutely, but CA is on the bottom of the totem pole. What about NC? |
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Post by Clement on Apr 28, 2023 9:42:55 GMT -5
But Westlake is only 32 miles from Hollywood! Where are your priorities?
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Post by BD on Apr 28, 2023 10:15:03 GMT -5
BD ... not that I care ... but Yahoo Finance says that TSLA was at $381.59 on 11/01/21. So a year and a half isn't that long ago ... if people can wait so long for MNKD to fly. But, that's mytakeonit OK, I must've done something wrong when I checked the TDA history. Now your number looks right. I firmly believe this is a long drawdown mostly due to Elon's antics and FSD taking forever to gel (overpromising by Musk too). The growth story is intact and I have every reason to believe the price will recover even without FSD becoming ready for prime time. But if FSD does get more-or-less finished by EOY, look out above. |
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Post by BD on Apr 28, 2023 10:22:06 GMT -5
OK, after a brief "IP Ban" by MNKD Board for voicing displeasure about 400M "DELUTION", I am back on. Good luck to ya'll. I will wait when all the smokes are cleared after the Annual meeting. Just to be clear, we do not ban any member just by IP, if we ban, we ban account, email and IP. And we certainly don't ban someone for voicing displeasure, at least not for one infraction lol. This stuff just happens due to perhaps overzealous PB mechanisms, VPN use (I have that problem all the time with various sites if I'm using my VPN), and potential IP duplication as is the case if everyone from a particular business is showing up on the PB server as having the same IP and one of your co-workers gets themselves banned from PB (not necessarily just this board.) |
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Post by cretin11 on Apr 28, 2023 10:46:19 GMT -5
Agree. A better location might be somewhere like… Danbury, CT. I’m not sure Danbury, CT is a desirable place to live. More desirable than Westlake, CA? Absolutely, but CA is on the bottom of the totem pole. What about NC? Maybe this is a crazy notion, but perhaps our office(s) should be located where it makes sense strategically, rather than the most desirable place for the pleasure of our employees. I know at least one of those employees in Westlake is being compensated handsomely enough to live wherever it's most advantageous to MNKD. The Danbury location obviously is non-negotiable, but is there a legit reason to have another location with all its concomitant expenses? |
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Post by prcgorman2 on Apr 28, 2023 11:31:22 GMT -5
Agree. A better location might be somewhere like… Danbury, CT. I’m not sure Danbury, CT is a desirable place to live. More desirable than Westlake, CA? Absolutely, but CA is on the bottom of the totem pole. What about NC? Haha! I also liked the suggestion for Miami. Where the HQ is and where the work get done is not important, relatively, if the company becomes profitable, and I mean PROFITABLE. I don't see a change in HQ location making much of a difference towards those goals. |
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Post by mango on Apr 28, 2023 11:40:27 GMT -5
MannKind is paying over 40K a month for the Westlake offices. That’s absurd and we’re not even profitable.
I just looked and MannKind has a 3rd physical location:
293 Boston Post Road West
Suite 330
Marlborough, MA 01752
Interestingly, this is/was the location of Zealand Pharma.
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Post by prcgorman2 on Apr 28, 2023 14:15:42 GMT -5
I worked in a small store (about 1,000 square feet) in a small town in the midwest that cost >$2000 a month back in the 80s. $40K doesn't sound crazy to me.
If they saved every nickel of that monthly expense and instead issued a dividend, it probably wouldn't be valuable to those of us who post here (except maybe MTOI).
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Post by cretin11 on Apr 28, 2023 15:13:48 GMT -5
It's incredibly childish and passive aggressive behavior for Nate Pile to call out folks and talk trash like he does on ST. What would be more productive and more professional would be for him to talk directly with folks on this forum. Some of us may not agree with a lot of things on here but at least we are conversing somewhat respectfully and letting each other state his/her opinions and feelings. Judy is at it also. Seems they don’t like some thing I said on here today. I see those posts now. Judy and Nate taking direct aim at you, with blatant fabrications no less (but not surprising). |
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Post by prcgorman2 on Apr 28, 2023 15:53:44 GMT -5
Judy is at it also. Seems they don’t like some thing I said on here today. I see those posts now. Judy and Nate taking direct aim at you, with blatant fabrications no less (but not surprising). I've not read them but believe you and sports that Nate needs to perhaps stick to using his newsletter to get his message out. As I recall you have to subscribe so it mostly only goes to his customers and the versions I've seen are professional and helpful, and I've seen it said time and again here that he's good at what he does and he and others have been prosperous because of it. That's the way he should keep it. Lowering himself to the level of annoying posters can't be helpful to his reputation and his business. |
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Post by cretin11 on Apr 28, 2023 17:52:10 GMT -5
Agree, lowering himself like that can only be damaging to his reputation. But as for his business, who knows? He has definitely lost subscribers because of it, but we don’t know if perhaps he’s gained more subscribers who are impressed by bullying behavior.
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Post by sportsrancho on Apr 28, 2023 22:09:10 GMT -5
Agree, lowering himself like that can only be damaging to his reputation. But as for his business, who knows? He has definitely lost subscribers because of it, but we don’t know if perhaps he’s gained more subscribers who are impressed by bullying behavior. Someone on Stocktwits DM to me JUDY’s post that’s really all I saw. I didn’t see what Nate said to that. |
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Post by cretin11 on Apr 29, 2023 2:18:58 GMT -5
He not only piled onto what she said about you, but he also had some choice words about PB too. Lots of sour grapes from those two.
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Post by mango on Apr 29, 2023 9:34:27 GMT -5
I worked in a small store (about 1,000 square feet) in a small town in the midwest that cost >$2000 a month back in the 80s. $40K doesn't sound crazy to me.
If they saved every nickel of that monthly expense and instead issued a dividend, it probably wouldn't be valuable to those of us who post here (except maybe MTOI).
We’re spending half a million dollars a year just on corporate office space. We aren’t profitable and it’s in one of the most expensive cities in the US. If moving to a more economically friendly state/area isn’t do-able then it would be smarter in the long term to buy or build a corporate office space. |
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Post by BD on Apr 29, 2023 9:52:28 GMT -5
MannKind is paying over 40K a month for the Westlake offices. That’s absurd and we’re not even profitable. I just looked and MannKind has a 3rd physical location: 293 Boston Post Road West Suite 330 Marlborough, MA 01752 Interestingly, this is/was the location of Zealand Pharma. Hmmm, that's a half-hour from where I live, just sayin'. |
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