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Post by otherottawaguy on Apr 20, 2015 8:50:44 GMT -5
Need to leave the computer for a few minutes to raid the kids piggies and check the couch for additional loose change.
Anyone going to take the bait? Can't do anything myself until I get the tax return back.
OOG
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Post by whosmitchconnor on Apr 20, 2015 8:54:01 GMT -5
I think its going lower. It held that support area for so long there will be a fair amount of downside pressure IMO. I think below 4.50 is possible in the next two weeks barring news.
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Post by Deleted on Apr 20, 2015 9:11:52 GMT -5
gobble gobble .. 2 million volume in less than 40 minutes.. could do 3 mil in the first 1 hr
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Post by gomnkd on Apr 20, 2015 9:17:22 GMT -5
If I view it very objectively and if there are no major catalysts for sales, we'll see it bottom out between 2.5 & 3 before August.
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Post by Deleted on Apr 20, 2015 9:21:59 GMT -5
Love how some sound when the stock goes down, sounds a lot like the shorts. Pick some arbitrary number below the current share price and run with it.
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Post by ezrasfund on Apr 20, 2015 9:32:28 GMT -5
No short covering yet today. There were 300,000 shares available to short per IB this morning, but now there are none. Everyone, long or short, is selling. For me it has been a good time to roll the Jan '16 LEAPS forward to Jan '17, as my Jan '16 $5 calls are now pure premium.
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Post by Deleted on Apr 20, 2015 9:35:29 GMT -5
For me it's less about the stock price and more about market capitalization. The MC is around 2 billion. So, while many are just looking at the SP of 5 saying "wow, that's so low and how low can it go", it's not about SP, it's MC. And the MC could go to 1 billion or less if scripts don't improve by the end of the year. Why 1 billion or less in my mind? MNKD won't be afforded a high multiple without indication of impressive, exciting, or something else that propels investors to want to give it a high multiple. So far, initial sales indicators at face value are not impressive and the SP will suffer while the value of the company looks less and less attractive. If you're investing to make money, nothing matters more than sales followed by a strong balance sheet. The science is awesome, that's probably why many of us are here. But awesome science does not guarantee great sales. So, that's the shallow review. Peel back the layers a bit and there's a lot more going on and the potential is pretty intense. But without scripts tearing up the field, the SP will suffer.
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Post by notamnkdmillionaire on Apr 20, 2015 9:36:55 GMT -5
In the voice of Ronald Regan, "Mannkind, there you go again!"
Now would really be a great time for Management to finally outline one other technosphere deal.
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Post by bradleysbest on Apr 20, 2015 9:40:00 GMT -5
Agree davinci, meanwhile we play the "waiting game" with SNY.....
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Post by mnholdem on Apr 20, 2015 9:41:13 GMT -5
Warren Buffet's advice about greed and fear are ringing loud and clear in my ears today...
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I'll just stay with my investment strategy of investing 50% of my expendable income every month to continue accumulating MNKD shares, including some 2017 LEAPS to leverage my investment. I'm beginning to wonder if my May 2015 6 strikes will expire worthless.
Short-term, I didn't expect the pps to go this low. Long-term I'm still very excited about the opportunity to keep buying MNKD and about the result that one day in a few years I will be retiring in comfort.
Good Fortune All!
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Post by spiro on Apr 20, 2015 9:55:58 GMT -5
What you are seeing is manipulation at it's finest, nothing else. Gomnkd with his $2.50 target, must have taken a job writing for A.F.
Spiro here, enjoying his last 4 fasting BG results of 86, 88, 88 and 84
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Post by bradleysbest on Apr 20, 2015 9:59:03 GMT -5
The problem is we need a LOT more Spiro's, Sam's, Eric's etc.... for this to take off! Hopefully SNY has some witty DTC that will catch the publics attention. We need scripts to take off for the share price to be successful!
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Post by alethea on Apr 20, 2015 10:03:14 GMT -5
Love how some sound when the stock goes down, sounds a lot like the shorts. Pick some arbitrary number below the current share price and run with it. I wish I'd been a short and shared in their plentiful gains.
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Post by alethea on Apr 20, 2015 10:12:25 GMT -5
If I view it very objectively and if there are no major catalysts for sales, we'll see it bottom out between 2.5 & 3 before August. I think that is very possible. Also lowering it into the three's to make Goldman Sucks look like smart guys. Furthermore, I'll be shocked, SHOCKED if either MNKD or Sanofi management say anything at all of substance or worth at the upcoming conference calls. I doubt that any useful guidance will be provided. As great a man as Dr Mann is, I'm profoundly disappointed in his treatment of retail investors.
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Post by Deleted on Apr 20, 2015 10:13:50 GMT -5
Love how some sound when the stock goes down, sounds a lot like the shorts. Pick some arbitrary number below the current share price and run with it. I wish I'd been a short and shared in their plentiful gains. I'm not against people sharing their frustration, but the way some folks do it around here (some people I don't see post very often and when they do, hide behind the moniker of "objectivism"), I start to wonder about the difference between frustration and motive. No one stopped any of you from riding purchased puts down to this point to protect your long investment. Neither company pulled the "wool over your eyes" stating anything other than a soft launch.
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