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Post by prcgorman2 on Apr 27, 2023 11:03:57 GMT -5
OMG!! I wrote my opinions about this stock.. I've been here for years.. and that's my opinion.. You can't say anything on this board unless it's something you want to hear.. so then you have to start in with the put downs.. and snide comments.. doesn't matter that I sold. I'm happy I did.. Be in a better place? LOL I'm fine!!! I totally get it. I've been told I'm "delusional", that I shouldn't expect to be saved by my "white Jesus" (referring to Elon Musk for some bizarre reason) and other mocking, sarcastic, unkind remarks too numerous to share. Good manners aren't required in order to post here and just like in text and e-mail, people feel comfortable saying things they wouldn't ever (or at least typically) say in person. It's kind of like honking your horn and giving another driver the bird in traffic. You feel safe being disrespectful because of the social distance.
You and I both want to feel good about our investment. When folks I don't know personally, slam the company in which I've invested in a way I feel is not entirely fair (based on my subjective opinions of course), I am roused to defend my belief in my investment, so long as I believe in it.
I'm with sports and awesomo in being uneasy about the additional share authorization but as long as I have confidence in the management, I will go along with their recommendations. And if the management surprises me with decisions I feel are capricious and not in the best interest of the shareholders on a scale that's important (because I barely care about car drivers and flying hamburgers), I'm also going to be writing rancorous posts, again, and voting against their recommendations, and ultimately, dump the stock and move on if things get bad enough. We're similar folks in that regard, it's just that our rationalizations of whether things are good or bad at/with/for MannKind are at relatively opposite ends of the spectrum. Glass half full or half empty.
I remember your posts from way back, and the struggles you went through with family and Afrezza. I respect your right to your opinions. You sold your shares. I genuinely hope that action and your other investments help you prosper and give you peace and comfort.
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Post by cretin11 on Apr 27, 2023 11:06:01 GMT -5
Not to pick on gorman and mango, but they are just the most recent to do this and perhaps the most repeat offenders, but:
It is interesting that some posters conflate criticizing MNKD leadership with being emotionally "miserable" or unhappy or anything of that nature. How often is it when faced with an argument they can't effectively counter, they resort to "if you are miserable then sell your shares so you'll feel better and so will we."
That's a childish and ignorant response, it avoids the issue by instead attacking the person raising the issue.
Sweedee has made it clear repeatedly, she is fine and isn't asking for anyone's advice on investment decisions or how to "feel better" in life. No need to condescend to her.
Personally, i am critical of MNKD leadership because i believe in the technology and that it had great potential that's already been squandered by this team's failures. I hope it's not too late, and i believe the right team could turn things around. However, my critical words here have no bearing on my emotional well being or happiness. Not that anyone really cares, but i'm an extremely positive and content person, more fortunate than I ever imagined being. That's irrelevant, this message board is to discuss MNKD stock and not to proclaim how nice my life is. I hope everyone here is happy in life, whether or not we disagree or argue about things. But this board is to discuss MNKD and if some of us want better leadership in place, we can express our opinions as long as we follow proper PB etiquette (and fortunately the mods are here to clean up our messes when we run afoul of that).
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Post by sweedee79 on Apr 27, 2023 11:13:14 GMT -5
You nailed it Cretin!!! I'm not even reading those posts anymore cuz it's so disingenuous...
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Post by prcgorman2 on Apr 27, 2023 11:16:54 GMT -5
I mentioned above that I've been abused too. This board routinely sees posts with language such as "repeat offenders", "resort to", "childish", "ignorant", "attacking", "condescend", and on and on. It's unfortunate, but it's better than the other boards and the juice still worth the squeeze. I hope it stays that way. Respectful posts would be better. I will do my part to try to always do that. Apologies if any of my posts in this thread offended sweedee or anyone else.
Anyway, looking forward to the 1st quarter results. They should be good. That assumption does make me feel better about being an investor in MNKD. GLTAL
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Post by mango on Apr 27, 2023 11:38:12 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.
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Post by mango on Apr 27, 2023 11:43:48 GMT -5
Not to pick on gorman and mango, but they are just the most recent to do this and perhaps the most repeat offenders, but: It is interesting that some posters conflate criticizing MNKD leadership with being emotionally "miserable" or unhappy or anything of that nature. How often is it when faced with an argument they can't effectively counter, they resort to "if you are miserable then sell your shares so you'll feel better and so will we." That's a childish and ignorant response, it avoids the issue by instead attacking the person raising the issue. Sweedee has made it clear repeatedly, she is fine and isn't asking for anyone's advice on investment decisions or how to "feel better" in life. No need to condescend to her. Personally, i am critical of MNKD leadership because i believe in the technology and that it had great potential that's already been squandered by this team's failures. I hope it's not too late, and i believe the right team could turn things around. However, my critical words here have no bearing on my emotional well being or happiness. Not that anyone really cares, but i'm an extremely positive and content person, more fortunate than I ever imagined being. That's irrelevant, this message board is to discuss MNKD stock and not to proclaim how nice my life is. I hope everyone here is happy in life, whether or not we disagree or argue about things. But this board is to discuss MNKD and if some of us want better leadership in place, we can express our opinions as long as we follow proper PB etiquette (and fortunately the mods are here to clean up our messes when we run afoul of that). In what ways has the technology platform been squandered by this current team? Mike developed Tyvaso DPI and took it through Phase 1 and inked the deal with UT. He also bought Clofazimine and it appears to be very promising. The entire pipeline is very robust and each new asset is progressing. The team has also done many new Afrezza trials and has gotten us one internationally in India. I don't see how that is squandering the tech, but I'm open to reading your examples of how it has been. |
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Post by cretin11 on Apr 27, 2023 12:16:45 GMT -5
examples of squandering the tech, with apologies for restating what's been posted many times before:
900TRx Afrezza, after all these years.
A single revenue producing TS deal, after all these years.
What hasn't been squandered is the year after year generous distribution of shares to the leadership team. That has been as robust as we all hoped our company performance would have been.
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Post by BD on Apr 27, 2023 13:04:59 GMT -5
I'm glad to see people trending toward being tolerant/accepting of those who post about selling. As has been said, by myself over the years and folks in this thread, everyone has their own investment strategy and their own reasons for buying or selling at any particular time. The topics that are the most useful for everyone here on the board are typically not
1. How many shares you own
2. The fact you bought or sold shares at some particular time
3. Criticism of another member for perhaps "over-sharing" their feelings or transactions. If you don't like it, the best bet would be to refrain from replying and just let those members sit with their feelings about everything. Sometimes I think all of us get pretty disappointed in MNKD and, personally, I think humor helps everyone get through it more than kvetching about what other members have posted. If you think something is inappropriate, please just use the Report Post option, but please also be prepared for the staff to make the decision to take no action. At least you can rest assured your concerns have been considered.
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Post by mango on Apr 27, 2023 13:11:48 GMT -5
examples of squandering the tech, with apologies for restating what's been posted many times before: 900TRx Afrezza, after all these years. A single revenue producing TS deal, after all these years. What hasn't been squandered is the year after year generous distribution of shares to the leadership team. That has been as robust as we all hoped our company performance would have been. Only one of two examples you provided can I somewhat empathize with you on. It is unfortunate prescription growth has been so slow. The good news is the Pediatric trial is ongoing, a large pump switch trial will be commencing soon and Afrezza India readout is suppose to hit this year. The single TS revenue producing deal Mike got for us likely saved the company from a lot of heartache. Going solo on pipeline assets will generate significantly more revenue in the long term than more partnerships, if that’s what ends up happening. |
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Post by akemp3000 on Apr 27, 2023 14:21:35 GMT -5
Here's a crazy thought regarding the request to authorize additional shares. What if management sees a possibility that the pps is going to move up significantly in the coming year based on a variety of anticipated events and following this some shares are sold to retire the lease and buy back the plant? This of course would be dependent on how much the pps might move up. There could be many implications of such a move such as an improved position for future partnerships or even M&A possibilities. Just having fun biding time waiting on the next quarterly report.
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Post by cretin11 on Apr 27, 2023 14:49:50 GMT -5
akemp, no argument here as to your characterization of that possibility!  |
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Post by mango on Apr 27, 2023 15:11:25 GMT -5
Here's a crazy thought regarding the request to authorize additional shares. What if management sees a possibility that the pps is going to move up significantly in the coming year based on a variety of anticipated events and following this some shares are sold to retire the lease and buy back the plant? This of course would be dependent on how much the pps might move up. There could be many implications of such a move such as an improved position for future partnerships or even M&A possibilities. Just having fun biding time waiting on the next quarterly report. Is there a term in the sale-leaseback agreement that MannKind can buy back the facility? If so, it would likely happen at the end of the tax year—if that were their plan. |
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Post by letitride on Apr 27, 2023 15:13:29 GMT -5
yes its in the lease
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Post by sportsrancho on Apr 27, 2023 15:22:36 GMT -5
Yes I know there was no other choice. Just speaking in general.
That was weird. I quoted Mango and it didn’t work anyway that was to Mango about reverse splits..
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Post by mango on Apr 27, 2023 15:24:09 GMT -5
Interesting. Based on what I know they have a 20 year agreement with multiple renewal options. I haven’t seen the actual agreement itself just the PR so wasn’t aware of an option to buy it back. What would be the advantages of spending 100+M to buy the property back if MannKind can continue to expand and do as they please with the property? Assuming they can continue to extend the leaseback for an indefinite amount of years? |
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