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Post by babaoriley on Feb 7, 2015 14:55:24 GMT -5
This is Ms. Baba, and I’m here to tell you I’ve read this thread on Blackrock and am thoroughly disgusted with it and many of you, especially the ones that have just admitted to keeping the extent of your investments from your spouses, more specifically, your wives! Men! First, don’t think that wives don’t read this board and know a lot more than you smug hubbies think we do. And, second, don’t think we don’t have ways to know how many shares you guys own.
So my rodeo clown husband (how do you guys tolerate him - tell me, I really do want to know!) tells me about this Blackrock deal, and how great it is, and how everyone on the board is excited about it. I say this - disgusting! We don’t need no stinkin’ Blackrock! MannKind and you guys have gotten here without Blackrock, and you can complete your mission without them! If this were science fiction, you guys would remind me of the foolish earthlings welcoming the all powerful aliens - hey, did they bring their book along with them, “How to Serve Mannkind?” All of a sudden you guys need daddy to show up and scare away the big, bad shorties? Grow a pair!
By the way, Baba would never dream of keeping me in the dark on investments, I watch over our 1000 shares of MannKind like a hawk (after all, it is our largest stock investment)! And he always explains that we have nothing to worry about, since he has all kinds of options on this stock, so, hey, I know he’s prudent and we’re safe.
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Post by joeypotsandpans on Feb 7, 2015 15:08:26 GMT -5
Before I attract the wrong attention, as I have shared recently I made a bad call and am disgusted that I did not pull the buy trigger two weeks ago; probably less then 6 is history. I am making this comment to remind my friends what moves the market over time - real earnings and potential earnings. Today's Blackrock filing is great. However, it was no secret that they had a signficant stake in MNKD. Further, if I recall, there was a lot of postive 'noise' when they made their DNDN beneficial ownership filing. I am not comparing DNDN to MNKD. There are many resons well beyond the filing that MNKD is a winner. I look forward to a NRx/TRx chart that goes up. First let me state that no one knows how the market (doctors and diabetics) will respond to Afrezza. We can all agree that it is too early to tell as Afrezza just officially launched and there is still a lot of education that needs to be done. That's the story for all new drugs that are launched. But let's focus on what we know. 1. DNDN and MNKD both developed ground breaking technology to treat their respected disease. 2. Prostate cancer is a very small market vs a very large diabetes market. More of a chance that Afrezza creates word of mouth between diabetics. I don't know if there are as many boards geared toward men and their prostate to where they talk about it and share stories. 3. MNKDs Afrezza is affordable vs the cost of Provenge which wasn't a cure all. 4. Afrezza isn't designed to cure diabetes as was Provenge which was to eliminate cancer (which we know wasn't as effective as DNDN had hoped it would be but effective enough to get FDA approval). 5.MNKD opted to partner. DNDN did not. MNKD's partner came in after FDA approval and Sanofi is pretty much the partner you want to have if you want to get your drug out there into the hands (and lungs) of diabetics. Sanofi's stamp of approval is about as good as it gets. 6. Investing is a calculated crap shoot. Blackrock's investment in DNDN is looking back in history. Their investment in MNKD is happening now as the drug is being introduced. Is it fair to compare one past investment to one being employed now that is totally different with MNKD? I'd say no even though you state you aren't comparing the two but you still are comparing in regards to Blackrock's investment. 7. I'd argue that Afrezza's track record is more robust than Provenge. 8. Mannkind's technology (technosphere) has a whole lot more going for it than Dendreon's technology. 9. Al Mann has a history of success after success. DNDN has no Al Mann. 10. There has been absolutely no positive noise for Afrezza as Provenge had. Not yet at least but I hope it will come sometime later this year if not by mid 2015. Whether or not today's news will create some positive noise remains to be seen ( I am not counting on it) but there's still an Exubera cloud hanging over Afrezza and MNKD. 11. More insurance companies are covering Afrezza than Provenge when it launched. 12. Afrezza has Sam aka Afrezzauser who looks to do all he can to help others. Who was Provengeuser? There wasn't one to tell everyone about his prostate. Conclusion. DNDN is a unique story just as Exubera was. Mannkind had the failings of Exubera to learn from. Dendreon had no one else's mistakes to learn from. Number 8 is disputable in a positive way, let me explain why: First of all, in the context of BR and them having a position in DNDN, one must understand what DNDN was at the time they were in trials and came to market. They ultimately were the pioneers of getting the first cancer immunotherapy to market...so I would dispute that technosphere is a better "technology" than "immunotherapy for cancer". However, if you can accept that BR had the foresight of what the potential was for immunotherapy in the treatment of cancer (see NVS, KITE, JUNO charts ) then you can appreciate their pursuit of accumulating shares in MNKD. Unfortunately, like back in the days of the settlers who ventured into the unknown DNDN ended up with the arrows in their backs as the first ones paving the way ala Pfizer (inhalable insulin). But since we are on the topic of DNDN, what they also had in common with MNKD other than BR having a decent position is the large short interest and I lived and enjoyed that squeeze in very pleasant fashion. I've felt all along that the potential for that part of the history repeating itself (squeeze) as a more likely similarity in the case of MNKD as many on this board who personally know me would tell you (except for my "pizza guy" where the term "short squeeze" means getting the last bit of cream out of the plastic bag into the cannoli). As far as Seanismorris and BR waiting for Al's shares to "free up"....one would have to assume that the shares would leave the estate into the open market, that is a huge and doubtful imo assumption. What has been blatantly obvious over the last 3-4 mos. is that accumulation has taken place when shares get freed up as the net percentage of short interest (approx 30%) has not changed very much, the very same smart people that run BR must remember what transpired with their holdings pre and post short squeeze in DNDN as well thus their accumulation in anticipation of what may transpire when the short position has to exit MNKD at some point. Fortunately for MNKD (like NVS, KITE, JUNO) they had the pioneer in front to pave the way and learn from their mistakes, etc. THAT is the proper context and analogy when comparing BR's foray and investment into DNDN imo. As far as "the wives being in the dark club" you can count me in as well as being in the one of two "how this is going to end" scenarios ie., divorce or second honeymoon.....I have bet on the latter for sure lol
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Post by seanismorris on Feb 7, 2015 15:19:48 GMT -5
My point is that Blackrock can't do anything harmful to shareholders without Al's approval...and he's not likely to allow that as long as he lives. Also, it's possible that Blackrock is just buying shares of MNKD because they were cheep under $5. But, it's also possible they will take a private equity stake in MNKD to finance the purchase of another company (I.e. Their current insulin provider) or finance Technosphere expansion. In which case the 5.1% is a prelude to something else, and they expect the deal announcement to result MNKD shares increasing in value.
We have to wait and see, but I don't think Blackrock is just buying shares...
We could have something like this in the news: Nov. 6 (Bloomberg) -- BlackRock Inc., the world’s biggest money manager, and private-equity firm KKR & Co. have gained a majority stake in Home Partners of America Inc., a single-family rental company backed by Lew Ranieri.
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Post by hankscorpio7 on Feb 7, 2015 16:22:10 GMT -5
Joey- it looks like your saying "glass is half EMPTY" od had a reason to his post. Hopefully, your post will be treated with respect. Of course they are not exactly the same companies or drugs. Point being- they are both gambling. Blackrock has no crystal ball. I've double downed on 11, I got 12. I have huge amounts of MNKD so I can be as "half empty" as I please. And my wife doesn't need to know... Seems to me like od was trying to get a feel of chasing MNKD. He was trying to launch a bear raid??- here?? What color is the sky in your world jpg?
Is CNBC data correct? Institutional holdings went down 6 mill last month.
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Post by 4allthemarbles on Feb 7, 2015 17:11:37 GMT -5
There 's a few things to remeber here. First, nobody is in business to lose money. When Black Rock first started out, they were all about "Risk Management" investing. Ther're not the best because they are the biggest. It's the reverse. I'm not saying they are perfect. But when you are running 4.6 TRILLION in assests, you are doing something right.
Secondly, at one point in their history, they had a partner leave because he didn't want to share profits/ ownership with employees. Fink was a proponent of that (including employees) hence why he is still running the company (and why mostly everyone else stayed). Again, I'm not saying they are perfect- the firm still manages money. But my feeling is they are taking the bullish side of this because they are going to make a lot of money and so good things will come of it (which doesn't matter, except in discussion you are one of the "less evil" firms).
Make no mistake- the BlackRocks first goal is to make money and they are good at it. They don't make rash decisions. This is a positive, bullish sign for MNKD.
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Post by jpg on Feb 7, 2015 22:52:05 GMT -5
Joey- it looks like your saying "glass is half EMPTY" od had a reason to his post. Hopefully, your post will be treated with respect. Of course they are not exactly the same companies or drugs. Point being- they are both gambling. Blackrock has no crystal ball. I've double downed on 11, I got 12. I have huge amounts of MNKD so I can be as "half empty" as I please. And my wife doesn't need to know... Seems to me like od was trying to get a feel of chasing MNKD. He was trying to launch a bear raid??- here?? What color is the sky in your world jpg? Is CNBC data correct? Institutional holdings went down 6 mill last month. Hi hanks, OD is trying to start a bear raid? Why do you say that? I certainly didn't but do question his logic and understanding of markets. If you must know the sky is grey right now and it's drizzling in Seattle. Not certain what that has to do with my impression that your protege OD is either 'inexperienced' or being less then honest. If you can come up with a third explanation for the sum of his post (and not just the last one) please do. Investment discussion boards are not meant to be simply places where anyone says anything without any logical explanation or places where 'white gloves rules' need be applied. Nastiness, vulgarity and ignorant comments like on YMB: no. Being held accountable for the sum of your posts: yes. I am simply stating my opinion, on an investment board, that OD's logic (the total sum of his posts) doesn't, in my mind, add up. His latest response isn't any more coherent to me. He did successfully get us talking of Dendreon though... Again I believe the 5% threshold by BR is very significant and transformational in this game of' investing chess'... Shorts should be terrified and will try every trick in the book to save their skin. Let us not bit.
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