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Post by parrerob on Aug 30, 2024 5:50:30 GMT -5
Best supposition with MC's sale might be that any more good news probably isn't very imminent? Wonder how well the market will hold the $6 when it digests this sale? GLTA Any how it is very strange this selling.... Hope it is something automatic or planned..... For MC may be under an agreement with his ex wife ? There should be some nice events from now till end of the year..... some conferences, some data readout (Inhale 1, inhale 30, phase 1 nintedanib), an approval in India... Q3 Earning in november.... For sure the dreaming of a near term BO on the table disappear as well disappear a near term agreement with BI for nintedanib/ofev ..... No way, IMO, for tax reason You will loose the possible huge gap-up in case of any of these 2 events (At least for MC who sold 85K)..... Let's see |
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Post by cjm18 on Aug 30, 2024 6:09:42 GMT -5
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Post by hellodolly on Aug 30, 2024 6:20:57 GMT -5
PM is trade very thinly but, doesn't look like this has any effect at all. Up+ 2.5% (0720 hours)
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Post by BD on Aug 30, 2024 6:51:02 GMT -5
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Post by cjm18 on Aug 30, 2024 7:16:55 GMT -5
One day someone will buy a share for $10. |
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Post by awesomo on Aug 30, 2024 7:34:03 GMT -5
We can argue about reasons why he sold, whether or not it was planned, etc., but I don’t think you can argue against the fact that the timing of announcement sucks.
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Post by peppy on Aug 30, 2024 7:37:43 GMT -5
We can argue about reasons why he sold, whether or not it was planned, etc., but I don’t think you can argue against the fact that the timing of announcement sucks. perhaps the blow will be softened if MNKD once again brings out, INsulin and OUTsulin. Worth a try? |
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Post by letitride on Aug 30, 2024 7:49:12 GMT -5
We can argue about reasons why he sold, whether or not it was planned, etc., but I don’t think you can argue against the fact that the timing of announcement sucks. Maybe the timing was preplanned. |
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Form 144s
Aug 30, 2024 7:57:35 GMT -5
via mobile
Post by BD on Aug 30, 2024 7:57:35 GMT -5
We can argue about reasons why he sold, whether or not it was planned, etc., but I don’t think you can argue against the fact that the timing of announcement sucks. Probably not for him. |
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Post by jkendra on Aug 30, 2024 8:37:17 GMT -5
I can taste the bitterness emanating out of my web browser.
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Post by prcgorman2 on Aug 30, 2024 8:51:46 GMT -5
I assume you'll love the sweet taste of good results and the continuing improvement in MannKind's situation and share price.
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Post by centralcoastinvestor on Aug 30, 2024 9:05:24 GMT -5
There is never a good time for corporate officers to sell stock. If the stock price is rising and they sell, it’s “how could they sell and kill the rally?!” If they sell when the stock price is going down, it’s “how could they sell when the price is going down, it shows a lack of commitment, there must be something wrong with the company!?” I think we all forget that corporate officers are people. They have families and debt commitments just like the rest of us. There are hundreds of reasons why it might be necessary to sell stock along the way. So folks will tend to make up the underlying reason for the sale without having a clue as to why. It is likely we will never know why at the time.
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Post by mytakeonit on Aug 30, 2024 12:43:02 GMT -5
If I remember correctly ... Mike C doesn't get paid and instead receives these free shares. So makes sense to me that he sells the shares.
But don't worry ... I didn't sell ay shares.
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Form 144s
Aug 30, 2024 12:44:25 GMT -5
via mobile
Post by uvula on Aug 30, 2024 12:44:25 GMT -5
If I remember correctly ... Mike C doesn't get paid and instead receives these free shares. So makes sense to me that he sells the shares. But don't worry ... I didn't sell ay shares. Forgot the smiley face. |
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Post by BD on Aug 30, 2024 12:49:06 GMT -5
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