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Post by hellodolly on Feb 24, 2022 8:06:25 GMT -5
I have an order for 500 more shares at $2.56 GTC, a 30% haircut from yesterday's closing price. Between Russia and JP about to raise rates soon, we might see a flash crash and I want to scoop those up.
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Post by prcgorman2 on Feb 24, 2022 8:08:21 GMT -5
Careful what you wish for...
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Post by sportsrancho on Feb 24, 2022 8:09:12 GMT -5
Cash is king
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Post by ptass on Feb 24, 2022 8:36:06 GMT -5
So in May is the FDA going to say they need more info.
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Post by ptass on Feb 24, 2022 8:42:05 GMT -5
And why did the FDA wait until February to request additional information the petition; why not October?
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Post by akemp3000 on Feb 24, 2022 8:55:38 GMT -5
Thank goodness Mannkind raised the funds when they did. It's possible MC was preparing for this possibility. One thing for certain, neither Martine or MC will be able to share what they really think on their respective conference calls today.
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Post by sweedee79 on Feb 24, 2022 9:09:28 GMT -5
The FDA essentially tipped off this latest bit of BS in their earlier CRL when they mentioned that they had not evaluated the Citizen’s Petition. But why classify the issue as a Class I review then? Exactly!!!! One word!!! LQDA
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Post by Chris-C on Feb 24, 2022 9:16:23 GMT -5
And why did the FDA wait until February to request additional information the petition; why not October? There are several possible explanations, but none of them seem particularly flattering to the FDA and its actions. Amazingly, they seem beholden more to anonymous anti-competitive petitions than to patients who will benefit from legitimate NDAs. Their "abundance of caution" translates to delay, delay, delay and gives the "citizen petitioners" what they want without actually saying their concerns have merit. One can always pose a "long term safety argument" because the horizon is potentially infinite. At what point is the amount of safety data sufficient? The answer is that it depends on what serves the "optics" and aims of the FDA in any particular instance. They can always manufacture needs for additional data. Ultimately they are accountable only to Congress and the court of public opinion, which, IMO, explains why they approved Aduhelm without clear data showing its clinical efficacy. The drug is based on the theory that dementia is caused by Amyloid plaque. The trials showed a reduction in the plaque, so it was approved with a requirement that clinical studies be conducted to demonstrate its functional value, ignoring the recommendation of its external advisory committee of experts against approval.
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Post by sweedee79 on Feb 24, 2022 9:19:41 GMT -5
And why did the FDA wait until February to request additional information the petition; why not October? Cuz we are being jerked around... Something is going on behind the scenes.... And has been for a long time... Insiders know.. if you watch the price action of Mnkd and lqda you can see it... Its all shady BS
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Post by joeypotsandpans on Feb 24, 2022 9:27:30 GMT -5
Who knew Yogi Berra had MNKD in mind way back when - "it's deja vu all over again" and "it ain't over till it's over".
Having said that, did LQDA hire Shkreli while he's serving time?
Again those most affected are those suffering and afflicted with the debilitating disease...shame on you FDA!!
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Post by mcbone on Feb 24, 2022 9:34:39 GMT -5
I don't think there's any conspiracy here. The FDA screws over all manner of companies, large and small, including big pharma. It's a large bureaucratic entity that is inefficient, slow and clumsy. In this case, the FDA can't just ignore the citizen's petition. Administratively, the FDA has handled the petition badly, but that's what they normally do. They look for any excuse they can to delay. The good news is that from a statistical perspective most of the petitions like the one at issue here are dismissed. If UTHR gets FDA approval for the NDA before June I'd consider that an acceptable result.
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Post by sweedee79 on Feb 24, 2022 9:53:42 GMT -5
I disagree... I've been watching both lqda and Mnkd price action and goings on for months now... It has always been my opinion that lqda is behind the citizens petition...
In just the past months I became aware that Roger Jeff's was Co CEO of UTHR with Martine.. and now CEO of Lqda... It's pretty obvious that Martine and Jeff's are at war.. and I have NO DOUBT that lqda is doing everything they can to stop us from going to market first and that Jeff's has personal knowledge, and is also a scientist and a smart one who knows how to work the FDA... I have no doubt!!! Wish I would have followed my gut months ago!!! It's naive to think this is all just innocent!!
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Post by Chris-C on Feb 24, 2022 10:08:32 GMT -5
I disagree... I've been watching both lqda and Mnkd price action and goings on for months now... It has always been my opinion that lqda is behind the citizens petition... In just the past months I became aware that Roger Jeff's was Co CEO of UTHR with Martine.. and now CEO of Lqda... It's pretty obvious that Martine and Jeff's are at war.. and I have NO DOUBT that lqda is doing everything they can to stop us from going to market first and that Jeff's has personal knowledge, and is also a scientist and a smart one who knows how to work the FDA... I have no doubt!!! Wish I would have followed my gut months ago!!! It's naive to think this is all just innocent!! Exactly. Delay gives LQDA exactly what it wants, but don't think that Martine is not aware of that. I'd love to be the fly on the wall for internal conversations on how to beat LQDA at their own game.
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Post by harryx1 on Feb 24, 2022 10:08:56 GMT -5
The FDA needs to be held accountable...
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Post by awesomo on Feb 24, 2022 10:16:02 GMT -5
So what’s stopping the FDA from delaying yet again in 3 months?
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