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Post by prcgorman2 on Dec 14, 2022 12:58:15 GMT -5
Classic song from a classic album but I'm not breaking out the Arturo Fuente "Masterpiece" just yet. $5 is nice but I'm waiting to see $8 as a floor before I celebrate.
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Post by mytakeonit on Dec 14, 2022 13:01:50 GMT -5
I hear can we touch $5 ... and now I hear I hope we can hold it. Hmmm ... I'm not sure that we should be creating any innuendos. But, that's mytakeonit
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Post by cretin11 on Dec 14, 2022 15:28:12 GMT -5
Classic song from a classic album but I'm not breaking out the Arturo Fuente "Masterpiece" just yet. $5 is nice but I'm waiting to see $8 as a floor before I celebrate. Word to that. I'll break out a $5 cigar for this, and then an $8 cigar when we hit $8, and so on...
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Post by peppy on Dec 14, 2022 16:01:44 GMT -5
Classic song from a classic album but I'm not breaking out the Arturo Fuente "Masterpiece" just yet. $5 is nice but I'm waiting to see $8 as a floor before I celebrate. Word to that. I'll break out a $5 cigar for this, and then an $8 cigar when we hit $8, and so on... cretin11, does this mean you can actually see the bull?
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Post by peppy on Dec 14, 2022 16:13:54 GMT -5
MNKD volume at 2 hours of trade, real time, 1,874,464 summary, 1,878,140 Avg. Volume 4,536,746 A little over 900,000 shares an hour. high volume for MNKD. 4.9950+0.1050 (+2.1472%) As of 11:30AM EST. Market open. 5 dollars holding since it hit. so the wedge target of $5.05 hit, I made a mistake. The NOV 2021 high of $5.24 targets next.
If MNKD can end the day on highs of $5.05 I think that would be a win. MNKD Nasdaq real time volume, 4,853,436 shares. MNKD Nasdaq summary volume, 4,812,766 Avg. Volume 4,536,746 $4.95. +0.06 (+1.23%) I forgot the federal reserve was going to raise interest rates today. MNKD price is going to follow UTHR now out of it's wedge, like UTHR left this wedge. After the FED announcement I thought, I need to post charts to see what is going on. The overall market chopping, $COMPQ still the weakest. That's my take. $4.97/4.98, $5.05, $5.24. POINT of break out on this 6 year triangle, looks to be break and hold of $6.12. See it?
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Post by celo on Dec 14, 2022 16:40:17 GMT -5
Up on a down day. The ultimate sign of strength.
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Post by peppy on Dec 14, 2022 16:50:50 GMT -5
Up on a down day. The ultimate sign of strength. I think it is going to go this time. Revenues are going up. These Bloomberg terminals give the analysts information on a weekly basis. I am waiting for Jason from Goldman Sacs to be on a conference call again one day.
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Post by cretin11 on Dec 14, 2022 16:59:35 GMT -5
Word to that. I'll break out a $5 cigar for this, and then an $8 cigar when we hit $8, and so on... cretin11 , does this mean you can actually see the bull? Haha, well i certainly see the nice movement over the past two and a half months. We got back to $5, aka $1 reverse split adjusted, and that is at least a psychological milestone (and maybe a substantive one depending on the views of various fund managers). We topped the same mark several times in 2021, with consensus here being we were leaving $5 behind for bigger things. So I'm not making predictions now, just gonna enjoy the recent trajectory and hope it continues. And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8, and so on...
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Post by peppy on Dec 14, 2022 17:06:36 GMT -5
cretin11 , does this mean you can actually see the bull? Haha, well i certainly see the nice movement over the past two and a half months. We got back to $5, aka $1 reverse split adjusted, and that is at least a psychological milestone (and maybe a substantive one depending on the views of various fund managers). We topped the same mark several times in 2021, with consensus here being we were leaving $5 behind for bigger things. So I'm not making predictions now, just gonna enjoy the recent trajectory and hope it continues. And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8, and so on... Here are the cigar moments, what ever the cigar means. $5.00 a mark because we haven't hit it for a year. The next cigar moment will be break and hold of $6.25. Look at the chart. That is where what ever stops there are will hit. Side note, Anderson stated the other day, the convertible bonds convert at $5.21. Those are going to hit and convert, and some debt will move to shares. That maybe our Christmas surprise. anderson wrote, $230 mil notes can convert at $5.21. So if share price goes above $5.21 before 1 DEC 2025 there shouldn't be a problem with the $230 debt, just dilution from the conversion which should not surprise anyone. $8.8 mil Mann Group can convert $2.50, so these will be converted. $40 mil Midcap. This is the bad one. "The Company must also comply with a financial covenant relating to trailing twelve month minimum Afrezza net revenue, tested on a monthly basis, unless the Company has $90.0 million or more of unrestricted cash and short-term investments." So the Midcap loan actually ties up $50 million more than is needed to repay it since Afrezza net revenue is not on target. Midcap has an interest cap of 8.5% so if Mannkind can invest and get returns greater than that it isn't a problem. It also has early termination fees, which drop to the min of 1% after April 22, 2023. Loan repayments start September 1, 2023, until paid in full on August 1, 2025. So Mannkind will probably just pay back as scheduled, unless they get in a bind and need to drop below the $90 mil reserve. This also explains why they are not spending a lot of cash. So at current burn 14.4 mil a quarter (177.8-90)/14.4 = 6 quarters at current burn before we go below the 90 mil.
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rebby
Researcher
Posts: 78
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Post by rebby on Dec 14, 2022 17:06:54 GMT -5
cretin11 , does this mean you can actually see the bull? Haha, well i certainly see the nice movement over the past two and a half months. We got back to $5, aka $1 reverse split adjusted, and that is at least a psychological milestone (and maybe a substantive one depending on the views of various fund managers). We topped the same mark several times in 2021, with consensus here being we were leaving $5 behind for bigger things. So I'm not making predictions now, just gonna enjoy the recent trajectory and hope it continues. And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8, and so on... I have bourbon to crack at each $5 increment on the way up to $30!
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Dec 14, 2022 18:47:22 GMT -5
cretin11 , does this mean you can actually see the bull? Haha, well i certainly see the nice movement over the past two and a half months. We got back to $5, aka $1 reverse split adjusted, and that is at least a psychological milestone (and maybe a substantive one depending on the views of various fund managers). We topped the same mark several times in 2021, with consensus here being we were leaving $5 behind for bigger things. So I'm not making predictions now, just gonna enjoy the recent trajectory and hope it continues. And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8, and so on... Ahh.....Pappy Van Winkle...
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Post by cretin11 on Dec 14, 2022 23:33:26 GMT -5
Haha, well i certainly see the nice movement over the past two and a half months. We got back to $5, aka $1 reverse split adjusted, and that is at least a psychological milestone (and maybe a substantive one depending on the views of various fund managers). We topped the same mark several times in 2021, with consensus here being we were leaving $5 behind for bigger things. So I'm not making predictions now, just gonna enjoy the recent trajectory and hope it continues. And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8, and so on... Ahh.....Pappy Van Winkle... I’m thinking Evan Williams for $5 a share, Blanton’s when we hit $10, and a ways higher before cracking the Pappy… 🤔🤨😀
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Post by mnlearner on Dec 14, 2022 23:50:15 GMT -5
Hi All,
Remember, this is MNKD...
" And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8". A WIN FOR HEALTH! I am happy to hear this! I spent a couple of months in Scotland and learned a lot about Scotch! Hope we all drink up! WE all deserve it. (;
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Post by peppy on Dec 15, 2022 0:07:44 GMT -5
Hi All, Remember, this is MNKD... " And FTR my cigar reference is only metaphorical personally, as I've quit smoking those things. But I will enjoy a nice whiskey, a nicer one when we hit $8". A WIN FOR HEALTH! I am happy to hear this! I spent a couple of months in Scotland and learned a lot about Scotch! Hope we all drink up! WE all deserve it. (; A Christmas rally for Mannkind, sounds like the season. I am going to fly into D.C. for the holiday. Have you ever noticed, D.C. it's residence with out a vote; is surrounded on one side by Virginia. On the other side of D.C. is surrounded by Maryland. D.C. is in the womb of the Virgin Mary. No, I have not been looking at too many charts. Happy Holidays.
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Post by letitride on Dec 15, 2022 0:21:16 GMT -5
Now thats scary
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