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Post by gomnkd on Feb 9, 2015 10:00:47 GMT -5
The only insider sell that I pay attention to is Al Mann's. Rest is noise.
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Post by brentie on Feb 9, 2015 10:03:39 GMT -5
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Post by shortslaver on Feb 9, 2015 11:03:18 GMT -5
I understand employee incentive stock options - I benefit from them myself. However, I do think they've been quite generous at MNKD. And although I can't blame people from trimming their positions (you end up with most of your net worth in 1 company) I feel like they've been abusive here. They reward themselves perhaps a bit too handsomely at share owner expense in my opinion.
They've had a long road, I understand, and some reward at this point is warranted for getting the product rolled successfully. But their rewards are a bit steep from my experience.
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Post by pmikeks on Feb 9, 2015 11:24:22 GMT -5
I benefited from otion grants too but when I exercised my options I sold enough to pay taxes and kept the rest. When they just sell all and wait for the next gravy train grant of options to roll through, it shows a definite lack of confidence on their part which is what the shorts focus on. Who would sell at $5-$7 when the potential is many times that amount? Moron maybe? Yes it part of their net worth but it's not like they are investing like stockholders. The only way I can imagine management doing what they do, is if their plan requies them too sell all when they exercise and I've been a part of a few plans but that wasn't ever a requirement. I hope SNY pushes them to get a more professional and savvy management team! I doubt that happens. If not there are two ways to look at it... 1 they aren't much but they are all we got and 2 they are all we got and they aren't much.  |
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Post by shortslaver on Feb 9, 2015 11:28:45 GMT -5
I benefited from otion grants too but when I exercised my options I sold enough to pay taxes and kept the rest. When they just sell all and wait for the next gravy train grant of options to roll through, it shows a definite lack of confidence on their part which is what the shorts focus on. Who would sell at $5-$7 when the potential is many times that amount? Moron maybe? Yes it part of their net worth but it's not like they are investing like stockholders. The only way I can imagine management doing what they do, is if their plan requies them too sell all when they exercise and I've been a part of a few plans but that wasn't ever a requirement. I hope SNY pushes them to get a more professional and savvy management team! I doubt that happens. If not there are two ways to look at it... 1 they aren't much but they are all we got and 2 they are all we got and they aren't much. People sell for a lot of reasons - cash is king, after all. Want a new car? Want a new house? Pay for kids college? Put some money into a far less volatile investment to guarantee retirement? All types of reasons. But, the company should have smaller grants or limit how much can be sold per year. Part of the incentive is that you gain equity and hold it to give incentive to make the company a success. Seeing the types of grants that VP level employees at a company of this size that doesn't make a profit are getting year after year - it's a bit steep in my opinion. |
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Post by mnholdem on Feb 9, 2015 11:34:21 GMT -5
Not to mention my favorite... Want to retire?
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Post by goyocafe on Feb 9, 2015 12:51:22 GMT -5
I benefited from otion grants too but when I exercised my options I sold enough to pay taxes and kept the rest. When they just sell all and wait for the next gravy train grant of options to roll through, it shows a definite lack of confidence on their part which is what the shorts focus on. Who would sell at $5-$7 when the potential is many times that amount? Moron maybe? Yes it part of their net worth but it's not like they are investing like stockholders. The only way I can imagine management doing what they do, is if their plan requies them too sell all when they exercise and I've been a part of a few plans but that wasn't ever a requirement. I hope SNY pushes them to get a more professional and savvy management team! I doubt that happens. If not there are two ways to look at it... 1 they aren't much but they are all we got and 2 they are all we got and they aren't much. I've read some financial analysts' positions are that options should be treated as part of a compensation package and that regular liquidation of them is an acceptable strategy. I don't subscribe to it, but I have read it a number of times. |
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Post by babaoriley on Feb 9, 2015 14:03:07 GMT -5
I believe Al runs MNKD like a family operation, and if you're a close relative, well, you're treated well. No problem with this here.
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Post by mannmade on Feb 9, 2015 14:15:58 GMT -5
Black Rock vs Palombo... Am guessing the market has figured it out...  And knows which side to take... |
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Post by cybergym66 on Feb 9, 2015 14:17:49 GMT -5
Black Rock vs Palombo... Am guessing the market has figured it out... And knows which side to take... Follow the SMART money!!! Time to BUY not sell ! (Well maybe Puts!) |
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Post by bradleysbest on Feb 9, 2015 15:50:23 GMT -5
MannKind (NASDAQ:MNKD) VP David Thomson sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $7.00, for a total value of $560,000.00. Following the completion of the sale, the vice president now directly owns 209,883 shares of the company’s stock, valued at approximately $1,469,181. The sale was disclosed in a filing with the SEC, which is available at this link. www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=5&cad=rja&uact=8&sqi=2&ved=0CDoQqQIwBA&url=http%3A%2F%2Fwww.wkrb13.com%2Fmarkets%2F484810%2Fmannkind-vp-david-thomson-sells-80000-shares-mnkd%2F&ei=Rh_ZVOyoHZG0ogSajICYBQ&usg=AFQjCNEJZ6P0TaTNtBTDxS3z1D_4-S9lLQ&sig2=qlKQIqC9coX6R5gCCgEBsA&bvm=bv.85464276,d.cGU |
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Post by mannmade on Feb 9, 2015 17:06:29 GMT -5
MannKind (NASDAQ:MNKD) VP David Thomson sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $7.00, for a total value of $560,000.00. Following the completion of the sale, the vice president now directly owns 209,883 shares of the company’s stock, valued at approximately $1,469,181. The sale was disclosed in a filing with the SEC, which is available at this link. www.google.com/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=5&cad=rja&uact=8&sqi=2&ved=0CDoQqQIwBA&url=http%3A%2F%2Fwww.wkrb13.com%2Fmarkets%2F484810%2Fmannkind-vp-david-thomson-sells-80000-shares-mnkd%2F&ei=Rh_ZVOyoHZG0ogSajICYBQ&usg=AFQjCNEJZ6P0TaTNtBTDxS3z1D_4-S9lLQ&sig2=qlKQIqC9coX6R5gCCgEBsA&bvm=bv.85464276,d.cGU He is likely still paying for his divorce from last year... |
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Post by nemzter on Feb 9, 2015 17:21:25 GMT -5
Too bad he didn't sell in the after hours today, $8.09 just printed LOL
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Post by shortslaver on Feb 9, 2015 17:27:41 GMT -5
Too bad he didn't sell in the after hours today, $8.09 just printed LOL I'm nearly certain he could 80,000 share in AH at 8.09. However, he did sell for 7.00 and lost out on about $40,000 considering todays close. |
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Post by goodby1 on Feb 9, 2015 17:37:34 GMT -5
Wha?? just saw that- anyone want to interpret that after hours pop up and then pop down?
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And knows which side to take...
