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Post by myocat on Aug 26, 2021 7:43:40 GMT -5
Mark the date.... $10 PPS.
MNKD, UTHR TYVASO NDA filing acceptance announced June 16, 2021 under priority review. PDUFA date not announced. Estimate October 15, 2021 based on 4-month review.
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Post by lakon on Aug 27, 2021 1:12:38 GMT -5
What do all of you think the peak price and subsequent new support level to be post-approval or conversely non-approval decline and support level?
I will throw out some numbers for fun.
Post-approval:
Max: 18
Initial support: 9
3-month slide: 6
Non-approval (delay):
Min: 1.50
Initial support: 3
3-month slide: 2
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Post by akemp3000 on Aug 27, 2021 4:41:43 GMT -5
I've followed this stock for too many years to make pps predictions but do know a FDA approval on or before Oct 15 immediately changes Mannkind Corporation from a high-risk, speculative stock without consistent revenue to a thriving young biotech with consistent revenue and outstanding potential. Since the approval would actually be for UTHR, not MNKD, I'm not as optimistic about a doubling of the pps but do expect a nice move up and a significantly higher floor.
IMO, it's highly unlikely the FDA will issue a CRL and delay approval for a drug that's already widely used especially considering the review is basically for a better delivery method that's also already approved and in use. If a CRL is issued, then Martine would have wasted the $105 million invested to expedite this review which is hard to imagine. I don't see any reason to speculate on a non-approval unless the review is politically corrupt which is a frightening possibility in today's crazy society where corruption seems to be everywhere. I would be pleased to see a move up of a couple of bucks and hope for something better.
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Post by sportsrancho on Aug 27, 2021 6:20:49 GMT -5
akemp…You should write blogs about Mannkind. I’m totally serious it would be a fresh point of view for new investors.
My price target is $8 after approval.
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Post by phdedieu12 on Aug 27, 2021 8:05:26 GMT -5
I second akemp, the FDA approval will trigger a bump in the stock price and I bought in accordingly this past week, I would be very happy with anything above $6 and sport ecstatic with $8
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Post by olderteampt on Aug 27, 2021 8:16:50 GMT -5
Is the head of the FDA a (former ??) Pfizer employee? Did Trump say in a video after setting up Operation Warp Speed he learned the FDA is controlled by Pfizer?
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Post by sugarland on Aug 27, 2021 10:22:53 GMT -5
This weeks price action is looking great. Let’s hit 5 and sustain it for once. There’s finally a solid enough foundation to support a floor. The next few months are gonna be fun!! Our days of basement bargain prices are over I believe. Cheers to the longs.
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Post by mytakeonit on Aug 27, 2021 12:56:31 GMT -5
months MNKD is a forever growing stock that will make you cry that you can't sell it ... WAHHHHHH !!! (But I'm not a crybaby and will sell 10k at $10 ... to save me about $90k in taxes) But, that's mytakeonit
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BIGWIG
Newbie
Posts: 15
Sentiment: Long
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Post by BIGWIG on Aug 27, 2021 13:52:05 GMT -5
PPS: $8.56 on 12/31/21
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Post by longliner on Aug 27, 2021 17:54:43 GMT -5
From your keyboard to Gods ear.
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Post by mytakeonit on Aug 27, 2021 18:00:38 GMT -5
You mean it's going to drop after hitting $10 in October???
But, that's mytakeonit
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