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Post by hellodolly on Feb 27, 2022 9:23:16 GMT -5
I'm staying. After over 6 years of trading the stock, and man have I been working it, I've finally accumulated a position twice the size of anything I could have before the ADCOM. I did alright then and I think I'll do alright when this does turn the corner...again. I can still easily see over $1 a share in earnings by 2027. Slap whatever P/E ratio you want to that and it's a hell of a lot better than $2. freakin 72 a share. Heck, even during the worst of our debt spiraling, the banks still gave us money at $6 a share. That has to account for something when considering the overall valuation of the company. Even if we're just a manufacturing and royalty machine by then. Good luck to all of you. It's disheartening, of late, I know. I guess I'm staying in mostly because I'm stubborn but I'm also working for the next 5 years anyway, and I don't (knock on wood) NEED the money right now, thank heavens, so I'm lucky in that respect. What an eye-opening experience this has been. It's like we're trying to break into the drug business or something.  Ditto. "...mostly because I'm stubborn but I'm also working for the next 5 years anyway,..." and working on my second pension (defined contribution) while the first (defined benefit) is paying quite nicely each month. I have a SDBA in both retirement accounts and have been accumulating since my first MNKD buy in January 2015. I count myself fortunate to have not suffered the setbacks many have experienced with the ADCOM hearings. However, I haven't been so lucky with a few other biotechs that have lost plenty of value for one reason or another so I do understand the pain and I'm an empathetic friend to those here who suffered in those days of the hearings. I get it. So, over the years as an investor I recall the words of many who gave me solid investment advice. One piece of advise, that consistently gets replayed in my mind whenever I doubt myself, "Do I still believe in the reasons why I invested in the first place." If I can answer that with a "yes" I have my options to add or hold. I've been adding to my MNKD positions, especially last week...as I did with my other biotech specs SENS, INO, CYDY, AQST, KPTI, MYOV and a few others that have been suffering of late. Why? Because I believe in the same reasons today as I did when I first invested in these stocks and because I think of the macro-economic news has created a temporary rotation out of biotechs and companies not producing enough revenue. But, like always, WS has a history of exhibiting a short memory and if I want to capture the true potential and upside of my personal investment belief, now is the time to sh*t or get off the pot. Not to be left out...FB, PLTR, OTRK, MDVL, METV, U, NVDA, AMD, MTTR, NRXP and the XBI have all seen their positions increased just in the last two weeks. I've got to buy at these insane low levels, picking and choosing while I sort through the landmines of self-inflicted corporate harm or those that have future potential while I WAIT it out. I'll end my contribution today with one of my favorite quotes that may hold some truth about what I've just written, "Upon the plains of hesitation bleached the bones of countless millions who sat down to WAIT and while waiting they died." - ANONYMOUS |
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Post by sportsrancho on Feb 27, 2022 9:32:30 GMT -5
“Upon the plains of hesitation bleached the bones of countless millions who sat down to WAIT and while waiting they died." - ANONYMOUS
Love that. And you are very brave with all those bios!
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Post by hellodolly on Feb 27, 2022 10:31:55 GMT -5
“Upon the plains of hesitation bleached the bones of countless millions who sat down to WAIT and while waiting they died." - ANONYMOUS Love that. And you are very brave with all those bios! Thanks Sports...I found that quote many, many years ago while attending a course at the "Kennedy School of Government" at Harvard and have never forgotten it. The course was on "Strategic Planning and Problem Solving in the 21st Century" and some of the course materials were filled with quotes, (Zig Ziglar, Lincoln, Dale Carnegie, etc) this being the one quote I never forgot, anonymous no less. It was a vigorous course that covered case studies on American businesses and their CEOs who turned corporations around like Jack Welch at GE, through the strategic planning process, as well as other examples of public leaders solving problems in government like Lincoln who couldn't find a general to follow his orders and other leaders in both the public and private sectors. I found the quote to be morbidly true and applicable to why the machinations of the FDA are likely to continue. Bad leadership, terrible ethics, good old boy favoritism and an entity whose culture is so deeply engrained they believe and act like they're "too big to fail" while everyone is happy with accepting the status quo nor asking the right questions to see how they could do better. Everyone there is just sitting down...and waiting. As far as the bios...my psuedo-gambling addiction. |
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Post by mnkdfann on Feb 27, 2022 10:52:09 GMT -5
I'll end my contribution today with one of my favorite quotes that may hold some truth about what I've just written, "Upon the plains of hesitation bleached the bones of countless millions who sat down to WAIT and while waiting they died." - ANONYMOUS If it is your favourite quote, then you may find this interesting. PHILADELPHIA, July 3, 1970—George W. Cecil, a retired vice president and director of the N. W. Ayer & Son, Inc.., the advertising agency, died yesterday in Pennsylvania Hospital. He was 78 years old. Mr. Cecil, who coined the term “coffee break” and other well‐known slogans, was credited with having written more than $100‐million worth of advertising during his 53‐year association with the agency. Mr. Cecil came to Ayer in 1917 and served as head of the copy department from 1936 until 1945. He became a vice president and director in 1936 and retired in 1967. He is perhaps best remembered for a sentence written in an advertising campaign for the International Correspondence Schools of Scranton, Pa., and picked up by Adlai E. Stevenson who used it as a futile call for approval from the electorate in his unsuccessful 1952 campaign for the Presidency: “On the plains of hesitation bleach the bones of countless millions, who, at the dawn of victory, sat down to wait—and waiting, died.” The full obit is at this link: www.nytimes.com/1970/07/04/archives/george-w-cecil-78-exadvertising-aide.html The I.C.S. ad takes the form of a one page story, called The Warning of the Desert by William A. Lawrence. It appears in various issues of Popular Science circa 1923. Easy enough to find with a simple Google search. This link may take you there: books.google.ca/books?id=vdcDAAAAMBAJ&lpg=PA113&dq=warning%20desert%20lawrence%20william%20hesitation&pg=PA113#v=onepage&q=warning%20desert%20lawrence%20william%20hesitation&f=false |
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Post by sayhey24 on Feb 27, 2022 10:55:00 GMT -5
“Upon the plains of hesitation bleached the bones of countless millions who sat down to WAIT and while waiting they died." - ANONYMOUS Love that. And you are very brave with all those bios! Thanks Sports...I found that quote many, many years ago while attending a course at the "Kennedy School of Government" at Harvard and have never forgotten it. The course was on "Strategic Planning and Problem Solving in the 21st Century" and some of the course materials were filled with quotes, (Zig Ziglar, Lincoln, Dale Carnegie, etc) this being the one quote I never forgot, anonymous no less. It was a vigorous course that covered case studies on American businesses and their CEOs who turned corporations around like Jack Welch at GE, through the strategic planning process, as well as other examples of public leaders solving problems in government like Lincoln who couldn't find a general to follow his orders and other leaders in both the public and private sectors. I found the quote to be morbidly true and applicable to why the machinations of the FDA are likely to continue. Bad leadership, terrible ethics, good old boy favoritism and an entity whose culture is so deeply engrained they believe and act like they're "too big to fail" while everyone is happy with accepting the status quo nor asking the right questions to see how they could do better. Everyone there is just sitting down...and waiting. As far as the bios...my psuedo-gambling addiction. I worked for GE for many years with Jack as my CEO. That was a guy you either loved or hated with most shareholders loving the guy. I was in the former camp. Welch's mummies on the other hand would need to literally hide in closets when Jack was onsite because if he saw them face to face he would fire them on the spot. Jack's motto was fix, close or sell. I don't know what he would do in the case of MNKD but I would hope it would fall into the fix category. |
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Post by mnkdfann on Feb 27, 2022 10:58:44 GMT -5
“Upon the plains of hesitation bleached the bones of countless millions who sat down to WAIT and while waiting they died." - ANONYMOUS Love that. And you are very brave with all those bios! Thanks Sports...I found that quote many, many years ago while attending a course at the "Kennedy School of Government" at Harvard and have never forgotten it. The course was on "Strategic Planning and Problem Solving in the 21st Century" and some of the course materials were filled with quotes, (Zig Ziglar, Lincoln, Dale Carnegie, etc) this being the one quote I never forgot, anonymous no less. If you see my earlier post, you'll see that the actual quote from circa 1923 differs slightly from what you learned at Harvard. It is slightly amusing to me that Harvard missed / failed to give the source, but maybe the person who compiled the quotes there didn't want to be seen quoting ad copy from I.C.S. of Scranton? |
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Post by prcgorman2 on Feb 27, 2022 11:39:24 GMT -5
Thanks Sports...I found that quote many, many years ago while attending a course at the "Kennedy School of Government" at Harvard and have never forgotten it. The course was on "Strategic Planning and Problem Solving in the 21st Century" and some of the course materials were filled with quotes, (Zig Ziglar, Lincoln, Dale Carnegie, etc) this being the one quote I never forgot, anonymous no less. If you see my earlier post, you'll see that the actual quote from circa 1923 differs slightly from what you learned at Harvard. It is slightly amusing to me that Harvard missed / failed to give the source, but maybe the person who compiled the quotes there didn't want to be seen quoting ad copy from I.C.S. of Scranton? Researching quotes (and research in general) got much easier with the invention of hypertext and the search engine. |
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Post by mnkdfann on Feb 27, 2022 12:36:34 GMT -5
If you see my earlier post, you'll see that the actual quote from circa 1923 differs slightly from what you learned at Harvard. It is slightly amusing to me that Harvard missed / failed to give the source, but maybe the person who compiled the quotes there didn't want to be seen quoting ad copy from I.C.S. of Scranton? Researching quotes (and research in general) got much easier with the invention of hypertext and the search engine. There may be something to that (though I'm not sure it is so cut and dried, it actually makes my research life harder as so much is being digitized and going behind paywalls), but the quote in question was well known over several decades (say, 1920s to 60s) and even played a role in a Presidential campaign. So I do feel those Harvard course notes you mentioned may have been a bit sloppy with crediting in this case. Bartlett's Familiar Quotations, and similar reference texts, were widely available long before the Internet and search engines. Anyway, it is interesting that Harvard left out an important middle part of the quote (i.e. the "at the dawn of victory" bit). |
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Post by hellodolly on Feb 27, 2022 15:41:22 GMT -5
Researching quotes (and research in general) got much easier with the invention of hypertext and the search engine. There may be something to that (though I'm not sure it is so cut and dried, it actually makes my research life harder as so much is being digitized and going behind paywalls), but the quote in question was well known over several decades (say, 1920s to 60s) and even played a role in a Presidential campaign. So I do feel those Harvard course notes you mentioned may have been a bit sloppy with crediting in this case. Bartlett's Familiar Quotations, and similar reference texts, were widely available long before the Internet and search engines. Anyway, it is interesting that Harvard left out an important middle part of the quote (i.e. the "at the dawn of victory" bit). Thank you for the additional sources. I can't elaborate much more on the quote, but I can say I'm 100% positive they left out "at the dawn of victory". I committed that to memory, because it resonated with what I had personally experienced in a mid-management leadership role. Additionally, I was equally bummed out that the source was allegedly "anonymous". I thought to myself, OK...this must go back to the days of greek philosophy. With all the homework and group projects due, combined with the fact that you could get called out on the spot by the professor asking you tell explain to the class what you've done so far...I wasn't going to look up the source as my head was buried in books. You have taught me something today. |
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Post by harryx1 on Feb 28, 2022 10:01:40 GMT -5
Old bashers coming out again, creating more twitter accounts since most blocked their old ones...
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Post by harryx1 on Feb 28, 2022 15:19:28 GMT -5
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Post by harryx1 on Feb 28, 2022 17:33:05 GMT -5
Cockroaches are coming out of the woodwork again, never fails. The facts show that FDKP has 20x more safety data than Trehalose. Will be interesting to see in 2-5 years after Yutrepia goes on the market what kind of issues start popping up in people's lungs/bodies..
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