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Post by EveningOfTheDay on May 14, 2015 12:02:50 GMT -5
In all this, I suspect that management wants to disclose more about Afrezza than Sanofi will let them. So I'll repeat this suggestion: Why not have a Sanofi representative present to answer sales & marketing questions? Would not mind to see that, but I just think it will never fly. I do not think Sanofi feels they have any responsibilities towards MNKD shareholders, so I do not see the idea gaining any traction with them. At the end of the day, they are right, they do not have responsibilities toward us, so we will have to be patient.
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Post by cjc04 on May 14, 2015 12:42:13 GMT -5
I'm most happy about Matt acknowledging the short interest and saying they hear everything that's being said. Maybe this is the start of them actually doing something about it.
Black Rock lowering their stake below 5% could be a little bit of a msg sent too, not just the frustration of us reets.
Anyone seen a recent Inst ownership %?
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Post by bradleysbest on May 14, 2015 12:45:16 GMT -5
With 54K in sample packs given to doctors it would seem that we should start seeing a jump in RX numbers in the next couple of months (Q3). Hopefully this occurs at the same time DTC begins. The additional lines (2 & 3) will be available (tripling production) before the end of Q2. Spirometry issues will hopefully be resolved & who knows when the pre-clinical testing (hopefully Q3 this year) will be done for TS #1. The 1st TS deal could be announced & if script numbers have a significant rise we could be on our way. All of this should happen during Q3 so I am optimistic that things will trend up very soon. Throw in SNY buying MNKD shares & other TS developments & we could be very happy campers by the end of the year!
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Post by newmnkdinvestor on May 14, 2015 15:33:33 GMT -5
Black Rock owns around 19 million which is absolute chump change to them given how much money they manage
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Post by jpg on May 14, 2015 16:33:05 GMT -5
Black Rock has some in index funds but to have near 5% of the company is way in excess of how much they should own if it was all indexed.
Is it a trivial amount for Black Rock? Yes but at the same time not to the careers of the managers who made that purchase. They probably gave it a bit of thought.
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Post by mnholdem on May 14, 2015 17:01:43 GMT -5
Retail investors apparently aren't the only ones questioning MNKD in the short term. I would think the Blackrock reduction rattled management - perhaps more than us "little" shareholders.
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Post by bradleysbest on May 14, 2015 17:10:59 GMT -5
I hope it did! Should be a wake up call to at least defend the product, launch, TS pipeline etc.....
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Post by Deleted on May 14, 2015 18:20:39 GMT -5
Retail investors apparently aren't the only ones questioning MNKD in the short term. I would think the Blackrock reduction rattled management - perhaps more than us "little" shareholders. I checked a few other biotech companies blackrock has shares in, they dropped by roughly the same percentage. In general the quarter saw money rotate out of the biotech sector. I dont think its isolated to just MNKD, fwiw.
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Post by mnkdorbust on May 14, 2015 20:51:47 GMT -5
One part of the presentation that i found entertaining was at the 20:14 mark where he must have dropped the Exhubra bong
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Post by cjc04 on May 14, 2015 22:27:18 GMT -5
Just had a thought,,, hate to bring this up but it may be worth considering..... So, I believe it's in the recent 10k, it states that in the event of Al death, his shares, the majority voting rights, will be dispersed to predetermined charities / organizations, and what they choose to do with them is up to them (basically)
On the same idea, in the event of Al's death, I'm guessing we would lose our guarantee of no dilution to take care of the Aug debt, if needed.
I have no idea of his current health status,,, but I really hope he's feeling better.
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Post by Deleted on May 14, 2015 23:06:31 GMT -5
Just had a thought,,, hate to bring this up but it may be worth considering..... So, I believe it's in the recent 10k, it states that in the event of Al death, his shares, the majority voting rights, will be dispersed to predetermined charities / organizations, and what they choose to do with them is up to them (basically) On the same idea, in the event of Al's death, I'm guessing we would lose our guarantee of no dilution to take care of the Aug debt, if needed. I have no idea of his current health status,,, but I really hope he's feeling better. I'm not sure how als health and the August note are related? If boa would have taken equity, there would have been dilution regardless, you realize that? As for the most recent 10Q, the wording around Al manns shares is the same as it's been in every MNKD 10Q I've ever looked at, so I'm not sure why it's a discussion point now?
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Post by cjc04 on May 15, 2015 5:59:14 GMT -5
Just had a thought,,, hate to bring this up but it may be worth considering..... So, I believe it's in the recent 10k, it states that in the event of Al death, his shares, the majority voting rights, will be dispersed to predetermined charities / organizations, and what they choose to do with them is up to them (basically) On the same idea, in the event of Al's death, I'm guessing we would lose our guarantee of no dilution to take care of the Aug debt, if needed. I have no idea of his current health status,,, but I really hope he's feeling better. I'm not sure how als health and the August note are related? If boa would have taken equity, there would have been dilution regardless, you realize that? As for the most recent 10Q, the wording around Al manns shares is the same as it's been in every MNKD 10Q I've ever looked at, so I'm not sure why it's a discussion point now? [ Ok, didn't realize that language was in every 10k, although now that I think about it, why wouldn't it be... It all just came to mind because of Matt's comments regarding "no dilution" in handling the Aug notes... Sounded like the worst case was Al just paying it himself,,,, well, if he's not around... Not trying to create a concern that isn't there, just a random thought.
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Post by Deleted on May 15, 2015 7:20:03 GMT -5
Matt mentioned that Al could extend his 30mil available. My guess is that is already in motion.
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Post by nugjuice on May 15, 2015 11:22:30 GMT -5
I'm most happy about Matt acknowledging the short interest and saying they hear everything that's being said. Maybe this is the start of them actually doing something about it. Black Rock lowering their stake below 5% could be a little bit of a msg sent too, not just the frustration of us reets. Anyone seen a recent Inst ownership %? www.nasdaq.com/symbol/mnkd/institutional-holdingsI've been checking it a few times a week - updated holdings are just starting to post. I believe they have either 60 or 90 days to provide the updated info, so not all of them have been updated yet:
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Post by seanismorris on May 15, 2015 14:10:36 GMT -5
I'm very happy that Mannkind realized Matt needs to be the face of the company (co-CEO?). I thought he did well on the CC and everyone else was terrible. Looks like they've figured it out also.
Looks like we need to wait until the 3rd quarter before any real progress on Afrezza sales, but at least they've finely set a positive tone. I'm not expecting a big turnaround in the stock (due to all the downgrades) but at least the Longs should stick around.
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