|
Post by markado on Feb 4, 2021 16:36:40 GMT -5
I hate dilution, but dilution with a net up stock price and an extra $100M in cash...I might could live with that. Didn't MNKD have approx. 20M shares left with which to raise funds?
|
|
|
Post by radgray68 on Feb 4, 2021 19:59:02 GMT -5
I'm alright with up to a 10% dilution to get rid of our debt. I think he has over 100 million shares to work with. Let's see, that's how many shares pre-split?
LOL (sorry, I couldn"t resist)
|
|
|
Post by mnkdnewbie on Feb 4, 2021 20:15:05 GMT -5
I said this, what a week ago? I hope they tapped the atm or any avenue they had to raise as much cash as possible above $5 or $6. Better to come to the negotiating table from a strong cash position.
|
|
|
Post by longliner on Feb 4, 2021 21:31:04 GMT -5
I said this, what a week ago? I hope they tapped the atm or any avenue they had to raise as much cash as possible above $5 or $6. Better to come to the negotiating table from a strong cash position. One of these day's I'd like to hit the ATM!
|
|
|
Post by mytakeonit on Feb 4, 2021 23:02:47 GMT -5
In Hawaii we have ATM's at every bank or shopping location. So easy to use. I rarely use cash, but it seems my wife does.
But, that's mytakeonit
|
|
|
Post by akemp3000 on Feb 5, 2021 3:04:18 GMT -5
Mike Castagna has done an outstanding job of transitioning the company from a one-trick pony with heavy debt near bankruptcy to a growing pipeline, manageable debt and bright future. With a doctorate medical degree and Masters in Business from Wharton, there's no doubt in my mind he absolutely knows he could have raised funds recently if needed. IMO, he knows what he's doing. It's just that we don't. It sure would be nice to learn what he already knows about forthcoming funds that could come from what's now a wide variety of sources. This could greatly affect the pps which to me is one of the greatest remaining challenges to making this a really great company. Al Mann would be proud.
|
|
|
Post by straightly on Feb 6, 2021 10:12:05 GMT -5
Mike Castagna has done an outstanding job of transitioning the company from a one-trick pony with heavy debt near bankruptcy to a growing pipeline, manageable debt and bright future. With a doctorate medical degree and Masters in Business from Wharton, there's no doubt in my mind he absolutely knows he could have raised funds recently if needed. IMO, he knows what he's doing. It's just that we don't. It sure would be nice to learn what he already knows about forthcoming funds that could come from what's now a wide variety of sources. This could greatly affect the pps which to me is one of the greatest remaining challenges to making this a really great company. Al Mann would be proud. If EV makers were any indication, he may choose to do another well published fund raiser instead of tapping ATM. Many EV makers end up with their cakes and ate them them too: raised money and saw their price soar! Many saw their price drop for only a few hours!
|
|
|
Post by goyocafe on Feb 6, 2021 11:34:31 GMT -5
Mike Castagna has done an outstanding job of transitioning the company from a one-trick pony with heavy debt near bankruptcy to a growing pipeline, manageable debt and bright future. With a doctorate medical degree and Masters in Business from Wharton, there's no doubt in my mind he absolutely knows he could have raised funds recently if needed. IMO, he knows what he's doing. It's just that we don't. It sure would be nice to learn what he already knows about forthcoming funds that could come from what's now a wide variety of sources. This could greatly affect the pps which to me is one of the greatest remaining challenges to making this a really great company. Al Mann would be proud. If EV makers were any indication, he may choose to do another well published fund raiser instead of tapping ATM. Many EV makers end up with their cakes and ate them them too: raised money and saw their price soar! Many saw their price drop for only a few hours! If he timed it with a “grand slam” PR, I think he could raise a lot of money and the stock wouldn’t even drop. Just depends if it went out over centerfield or not.
|
|
|
Post by MnkdWASmyRtrmntPlan on Feb 6, 2021 12:23:44 GMT -5
Mike Castagna has done an outstanding job of transitioning the company from a one-trick pony with heavy debt near bankruptcy to a growing pipeline, manageable debt and bright future. With a doctorate medical degree and Masters in Business from Wharton, there's no doubt in my mind he absolutely knows he could have raised funds recently if needed. IMO, he knows what he's doing. It's just that we don't. It sure would be nice to learn what he already knows about forthcoming funds that could come from what's now a wide variety of sources. This could greatly affect the pps which to me is one of the greatest remaining challenges to making this a really great company. Al Mann would be proud. Here's another opinion: a reasonable CEO would have had MNKD's SP up to $20 by now. And, Al Mann would be even sicker than all of us investors have been.
|
|
|
Post by centralcoastinvestor on Feb 6, 2021 12:27:54 GMT -5
Mike Castagna has done an outstanding job of transitioning the company from a one-trick pony with heavy debt near bankruptcy to a growing pipeline, manageable debt and bright future. With a doctorate medical degree and Masters in Business from Wharton, there's no doubt in my mind he absolutely knows he could have raised funds recently if needed. IMO, he knows what he's doing. It's just that we don't. It sure would be nice to learn what he already knows about forthcoming funds that could come from what's now a wide variety of sources. This could greatly affect the pps which to me is one of the greatest remaining challenges to making this a really great company. Al Mann would be proud. Here's another opinion. A reasonable CEO would have had MNKD's SP up to $20 by now. And, Al Mann would be even sicker than all of us investors have been. Not with the incredibly aggressive shorting he has faced.
|
|
|
Post by MnkdWASmyRtrmntPlan on Feb 6, 2021 12:48:21 GMT -5
Here's another opinion. A reasonable CEO would have had MNKD's SP up to $20 by now. And, Al Mann would be even sicker than all of us investors have been. Not with the incredibly aggressive shorting he has faced. Perhaps, CCI. But, a reasonable CEO would not have thrown precious millions of good dollars (along with over a year of time) testing out marketing of a product without first understanding that product. A CEO that does not let his ego cloud his thinking. If MNKD were profitable by now, there would be no shorters. And, IMHO, with a reasonable CEO, MNKD would have been profitable a year ago.
|
|
|
Post by scotlandthedog on Feb 7, 2021 21:14:15 GMT -5
I'm alright with up to a 10% dilution to get rid of our debt. I think he has over 100 million shares to work with. Let's see, that's how many shares pre-split? LOL (sorry, I couldn"t resist) That’s pain. Far fetched but maybe some day we will be splitting back and we can all have our original amount of shares. I did price average a little but with the majority of my shares, I pessimistically remind myself that MNKD is trading at .94 ouch
|
|
|
Post by buyitonsale on Feb 7, 2021 23:18:11 GMT -5
I optimistically remind myself that Tyvaso DPI NDA submission is in about 60 days from today.
|
|
|
Post by letitride on Feb 7, 2021 23:56:56 GMT -5
I realistically remind myself this stock has all the right stuff and is ready to rock. Lets Go!
|
|
|
Post by myocat on Feb 8, 2021 6:51:45 GMT -5
Given past history of dilution on a run up, it is possible.
On the other hand, people who sold on the run up have started to instill doubts for a re-entry.
|
|