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Post by wmdhunt on Sept 18, 2023 15:52:58 GMT -5
When will the good for mnkd happen? So disappointing every month. First there's a glimmer of hope then down it goes again, again, and again. The Board needs to hire someone to advise the company how to firm up the share price longer term. imop
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Post by prcgorman2 on Sept 18, 2023 17:13:02 GMT -5
You should have been here in 2017. Current share price is 4x to 5x of that timeframe. I wasn't smart enough to capitalize on that like I should have, but am enjoying an ~3x gain on the chunk I bought about 3 years ago prior to COVID and Tyvaso DPI.
Check out the news on Tyvaso DPI and the guidance UTHR is giving shareholders on Tyvaso. They're very enthusiastic and should be because revenue has exceeded expectations.
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Post by letitride on Sept 18, 2023 18:07:31 GMT -5
When will the good for mnkd happen? So disappointing every month. First there's a glimmer of hope then down it goes again, again, and again. The Board needs to hire someone to advise the company how to firm up the share price longer term. imop The share price has been firming up since we left the sub-dollar range. The quest is when will it break out and run. In the morning, next week, next month, next year. My best guess somewhere in that realm. |
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Post by cedafuntennis on Sept 18, 2023 18:42:03 GMT -5
Does anyone have a quess as to what happened this morning with the huge spike? The drop back down was expected as these quys are playing with this stock like a baby with his/her pacifier.
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Post by prcgorman2 on Sept 18, 2023 19:19:35 GMT -5
Anytime I see a first-thing-in-the-morning spike, my first thought is, "Does this have legs?". More often than not the answer is, no. Can't tell you what it is. "Quiet" acquisition? A pump-and-dump manipulation? No idea.
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Post by BD on Sept 18, 2023 21:01:46 GMT -5
After ten years of this, my guess is that should there actually be a catalyst (or several) that finally indicate long-term success, someone will just swoop in and buy MNKD out... yielding a moderately nice return for shareholders, but nothing like the return that would be produced for us if that long-term bright future would actually be left alone to play out.
Honestly, the winners would be the short-term shareholders at that point, and all the war-torn longs would be left pretty disappointed. That's why there's no way I'm ever holding a large position any more. There's no way IMO that any possible scenario could recoup my losses from the past, when I did have a way-too-large position.
I hope MNKD succeeds and humanity benefits from Al's vision and the tech, but I'm not expecting to make a killing on it now, pretty much ever.
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Post by cedafuntennis on Sept 18, 2023 21:24:24 GMT -5
Anytime I see a first-thing-in-the-morning spike, my first thought is, "Does this have legs?". More often than not the answer is, no. Can't tell you what it is. "Quiet" acquisition? A pump-and-dump manipulation? No idea. same thoughts here. Searched for news and nothing, so i thought to sell a couple thou shares at 4.60 but got caught on a call and by the time I got back to it it was no longer close.One of these days it will grow legs. I've been saying this for 10 years. Reminds me of the song "it's 5 o'clock somewhere". Not now, not here but somewhere... |
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Post by cretin11 on Sept 19, 2023 1:40:30 GMT -5
It’s five o’clock where I am and that’s always a welcome occasion! Even with BD dropping the truth bomb that I will try to ignore 🤣
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Post by peppy on Sept 19, 2023 5:53:49 GMT -5
It’s five o’clock where I am and that’s always a welcome occasion! Even with BD dropping the truth bomb that I will try to ignore 🤣 Truth bombs can be found all over this board. MNKD has two really good FDA approved medications. |
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Post by parrerob on Sept 19, 2023 6:16:57 GMT -5
It’s five o’clock where I am and that’s always a welcome occasion! Even with BD dropping the truth bomb that I will try to ignore 🤣 Come on guys.... they cannot sell the company less then 4billion today (15$)... and if everythink goes as planned, in a couple of years value can be 8 billions (400 millions earnings * 20).... |
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Post by prcgorman2 on Sept 19, 2023 6:35:15 GMT -5
It’s five o’clock where I am and that’s always a welcome occasion! Even with BD dropping the truth bomb that I will try to ignore 🤣 Is an opinion a truth? I think not. I think an opinion is like something else than a truth bomb. I seem to recall what an opinion is like and that everyone has one. Ironically, I think this board has several. I think BD’s admonition not to be over-invested in any one security is sound advice. As far as what is the ultimate fate of MannKind, well, at one time (2014) it looked very good, and then for a time it looked like bankruptcy (2017), and now it looks like almost certainly profitable, and perhaps quite profitable. I wouldn’t advise anybody to significantly reduce their holdings now unless they truly are over-invested. I’m going to try trading around a core and use the somewhat predictable volatility of up around earnings report, and down afterwards for a few quarters. I don’t fully expect that volatility pattern to remain predictable because the forecasts for Tyvaso DPI coming out of UTHR could take MNKD to a different level of trading than what we’re seeing below and around $5. i.e., nothing succeeds like success. |
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Post by peppy on Sept 19, 2023 9:35:57 GMT -5
MNKD volume at 1 hour of trade, high volume,
Volume: 502,676
SEP 19, 2023 10:30 AM ET
$4.27 -0.07 (-1.61%)
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Post by hellodolly on Sept 19, 2023 10:34:49 GMT -5
It’s five o’clock where I am and that’s always a welcome occasion! Even with BD dropping the truth bomb that I will try to ignore 🤣 Is an opinion a truth? I think not. I think an opinion is like something else than a truth bomb. I seem to recall what an opinion is like and that everyone has one. Ironically, I think this board has several. I think BD’s admonition not to be over-invested in any one security is sound advice. As far as what is the ultimate fate of MannKind, well, at one time (2014) it looked very good, and then for a time it looked like bankruptcy (2017), and now it looks like almost certainly profitable, and perhaps quite profitable. I wouldn’t advise anybody to significantly reduce their holdings now unless they truly are over-invested. I’m going to try trading around a core and use the somewhat predictable volatility of up around earnings report, and down afterwards for a few quarters. I don’t fully expect that volatility pattern to remain predictable because the forecasts for Tyvaso DPI coming out of UTHR could take MNKD to a different level of trading than what we’re seeing below and around $5. i.e., nothing succeeds like success. I've had great success with this strategy, trading while you wait holding a core position. MNKD has been relatively predictable. If we can close above $4.23, that would be a double bottom in a recent consolidation pattern. I'm on hold here patiently looking for some confirmation that we are going to either break below this area and fall to the trend line at around $4.16 or to the next support level at $3.89 which is the July 10, 2023 low. No sense doing anything at this point, IMHO. So, back to your comment...hell yeah. These 'set-ups' are easy money so long as you're a patient swing trader on your entries and patient with your exits. The market runs up into earnings and falls day(s) afterwards. |
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Post by mymann on Sept 19, 2023 12:36:09 GMT -5
400,000,000 new shares will keep hostile take over from happening and keep new investors away. At least the management will have plenty of shares to reward themselves for doing a great job every year for many years to come. Bright future for management.
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Post by prcgorman2 on Sept 19, 2023 15:02:56 GMT -5
400,000,000 new shares will keep hostile take over from happening and keep new investors away. At least the management will have plenty of shares to reward themselves for doing a great job every year for many years to come. Bright future for management. *sigh* SSDD
Earlier this year MannKind management was authorized by the MannKind Board of Directors and the shareholders to issue new shares if and when they need to, but at this point in time, there are no new shares and no obvious reasons to issue any. (Its worth noting, as Mike Castagna did at the Wainwright and Morgan Stanley investment conferences, MNKD enjoys greater than 70% institutional ownership.)
I don't suppose anybody is stupid enough to think 400,000,000 shares would be authorized in order to compensate executives. So maybe instead of trying to imply significant dilution as a feat already accomplished, perhaps it would be better to say that the threat of being able to double the quantity of shares outstanding significantly diminishes the possibility of a hostile take over.
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