|
|
Post by newmnkdinvestor on Jul 27, 2015 14:11:34 GMT -5
If you are overweight an in grown pimple on your ass is going to feel like a shot gun blast. I have like 10 different positions. I am constantly taking profits. Long term hold capital gains scared me off at first but I realize we have so far to go. I am not going to watch my profits disappear every other week.
|
|
|
|
Post by newmnkdinvestor on Jul 27, 2015 14:17:20 GMT -5
I have to say one of the things I appreciate most about my investment in Mnkd is the sense of community and the shared experience that I have found on this Board which I have not previously experienced to this degree with any of my previous investments. I have found that this Board is in and of itself a "living breathing entity" that through a "collective consciousness/conversation" created from the input of it's members reflects a current mood and opinion, at any given moment in time, that has helped me to review from time to time and complete my own internal conversation(s) about why I continue to stay over-weighted with Mnkd as part of my investment strategy/plan. Currently the mood of the Board's conversation seems to have soured as it tends to do when the price faces such downward pressure as we are currently seeing. And with this, the frustration that we all feel with mnkd is expressed louder and more frequently the lower the price goes... The more optimistic Posters will offer a variety of theories as to why the share price and script count continues to be low and that it is a good time to buy more, the less optimistic (but still genuine longs) will voice their frustration, some louder than others, and the fake longs/shorts will try and use this period of time to post FUD.* I read all and then look within myself to try and understand what the "collective conversation" is telling me. Ultimately I come to the same conclusion... The truth is none of us know. I for one consider myself to be among the more optimistic longs, who who continues to buy on the dips when I can. I have been in mnkd since 2009 (and pay homage to those investors who have been in longer, especially those in since the IPO) and consider myself to have been very patient as one of the more optimistic longs. However, I have to admit it is getting tougher and tougher to be patient with this stock when you see other similar start-up bios (as similar as one can be in bio/pharma) with higher valuations and no products in the market. And it is getting harder to listen to the rationalizations or theories as to why the script counts are still low, controlled launch or not. It is during these times that I realize most of my frustration is not with the share price but with the realization that I find that I have been making my investment decisions in mnkd in relative darkness which is something I do not like to do, and yet with Mnkd I continue to do so, with every day that I hold or accumulate more shares. And I find during times like this, that I ask myself why do I keep doing this, as I would not normally make such important decisions with so little information. After all... "Hope is not a strategy." The answer I keep coming up with is that I believe in the science and I believe in Al Mann. I know there are many factors that can work to keep a genuinely outstanding product from succeeding. However, I do believe that with the work of the early adopters and the trail they are slowly but surely carving out of the heretofore unexplored mountain we are climbing, that we will get to the top and plant the flag of Afrezza. We may slip back down some as we lose our footing from time to time on the way up (like we are now experiencing), but make no mistake we will get there. And the reason I know this is because the one thing I am certain of is that the results being achieved by the early adopters are real!!! It may take longer than we would like but I do believe Afrezza will succeed and that is why I am still an investor in Mnkd... The conversation of this Board helps me to be patient... GLTAL's! (My apologies in advance if I sound like I am preaching. Really just venting about my own frustrations and trying to acknowledge the Board, especially Liane and BD for helping/maintaining to shape it's core values) * I am generally ok with FUD being published and/or posted, although I think it should be called out as such. I like to read it and I see it as a challenge for me, to find the flaws in the arguments. By reviewing the FUD statements and having answers for why each is a piece of FUD I am able to make sure I am not missing something in my optimism about why Afrezza will ultimately be successful. I agree. I am not soured. I am a realist others would call me negative. I am extremely critical thinking when it comes to my job and marketing money. When I first started trading/investing I did make the mistakes of letting my emotions get the best of me. I bought into the MNKD long delusion. There are a ton of MNKD longs out there that are living in outer space. There's a Dr in seekinglpaha comments that sites Kevinmik as a buyout source. LIKE WTF!!!!  lol There's a reason why there are so many shorts and we the rookies/novice are seeing it unfold right before our eyes. The pros had this pegged from FDA approval. This was a short of a life time. |
|
|
|
Post by mannmade on Jul 27, 2015 14:18:30 GMT -5
If you are overweight an in grown pimple on your ass is going to feel like a shot gun blast. I have like 10 different positions. I am constantly taking profits. Long term hold capital gains scared me off at first but I realize we have so far to go. I am not going to watch my profits disappear every other week. Different strategies... All good by me as I a not a trader... I invest for the long term and think I pay enough taxes already... I said I was overweight with Mnkd according to what most investment experts would tell you. However, please note I was not complaining about it. I am quite comfortable with it. I believe mnkd is one of those rare (perhaps once in a decade opportunities like Apple, Starbucks, Microsoft, Netflix, etc) and there is significantly more upside than downside to this stock. Ironically the lower the pps goes the more this is true imo. |
|
|
|
Post by joeypotsandpans on Jul 27, 2015 14:26:21 GMT -5
The answer I keep coming up with is that I believe in the science and I believe in Al Mann. I know there are many factors that can work to keep a genuinely outstanding product from succeeding. However, I do believe that with the work of the early adopters and the trail they are slowly but surely carving out of the heretofore unexplored mountain we are climbing, that we will get to the top and plant the flag of Afrezza. We may slip back down some as we lose our footing from time to time on the way up (like we are now experiencing), but make no mistake we will get there. And the reason I know this is because the one thing I am certain of is that the results being achieved by the early adopters are real!!! It may take longer than we would like but I do believe Afrezza will succeed and that is why I am still an investor in Mnkd... The conversation of this Board helps me to be patient... GLTAL's!(My apologies in advance if I sound like I am preaching. Really just venting about my own frustrations and trying to acknowledge the Board, especially Liane and BD for helping/maintaining to shape it's core values) * I am generally ok with FUD being published and/or posted, although I think it should be called out as such. I like to read it and I see it as a challenge for me, to find the flaws in the arguments. By reviewing the FUD statements and having answers for why each is a piece of FUD I am able to make sure I am not missing something in my optimism about why Afrezza will ultimately be successful. IMO Sam was the biggest single "X" factor the shorts were and still are not prepared to deal with. He single handedly has left them holding a bag that they have yet to be able to vacate. It (our convictions from an investment standpoint and theirs the early adopters from a truly new found freedom) only continues to grow and strengthen as more of the early adopters get on board to get away from the insulin on board issues etc. and improve their lives before our very eyes. Al, MNKD, SNY could pound the tables until their blue in the face but without the one single trial user to come forward pre Adcom and then testify, well that was not on the shorts radar as far as the effect it had on both the approval process and the continuing real life validation of what everyone long on here has believed in from the start. Nice post Mannmade  |
|
|
|
Post by newmnkdinvestor on Jul 27, 2015 15:23:07 GMT -5
If you are overweight an in grown pimple on your ass is going to feel like a shot gun blast. I have like 10 different positions. I am constantly taking profits. Long term hold capital gains scared me off at first but I realize we have so far to go. I am not going to watch my profits disappear every other week. Different strategies... All good by me as I a not a trader... I invest for the long term and think I pay enough taxes already... I said I was overweight with Mnkd according to what most investment experts would tell you. However, please note I was not complaining about it. I am quite comfortable with it. I believe mnkd is one of those rare (perhaps once in a decade opportunities like Apple, Starbucks, Microsoft, Netflix, etc) and there is significantly more upside than downside to this stock. Ironically the lower the pps goes the more this is true imo. I didn't mean that comment towards you directly about being over weight. Iy just hurts a lot more when you have a 5% down day then it would something else. When I first started accumulating MNKD shares (mind you I had only been investing a few months) after the GSCO Dg by time we were in the threes I was down almost 20,000. Luckily lowering my cost per share because of that drop and then the run to 7 taught me a huge lesson. IMO there is nothing there to show stability for a higher share price. I dumped most and have slowly started buying again. I believe the stock has huge upside also. |
|
|
|
Post by dreamboatcruise on Jul 27, 2015 15:39:38 GMT -5
Part of me thinks that if they came out and told investors. Look we got years to go shorts would start piling on at this share price. I agree that IF SNY actually said "years" to go before Afrezza is profitable the shorts would pile on. But short of that extreme, I actually believe it would spook the short side if SNY said something like this:
"While we acknowledge that the initial uptake in sales of Afrezza has been hampered beyond our initial expectations as a result of the factors we've discussed, we are confident that those factors are being addressed and will not prove to be a long term impediment. Though delayed, our initial expectations regarding Afrezza's ultimate market success has not changed and, in fact, has been substantially corroborated by patient and provider feedback received thus far. Sanofi remains committed to the success of Afrezza and we are more confident than ever that it will ultimately be a critical component of our armamentarium of therapies for the diabetic community."
The two key points of such a statement are 1. we're more confident than ever and 2. we aren't going away.
This would eliminate the number one FUD component available to shorts...that SNY will jettison Afrezza early in 2016 and would embolden longs. Couple a statement like this with financials that demonstrate Afrezza is already selling substantially more units than the reported script numbers would indicate, and I would consider SNY's report a very big positive for MNKD.
I'm a bit surprised they don't do that. I can understand being a bit secretive about marketing strategy, time lines, etc., but allowing questions of their commitment to persist I think opens the comparison with Exubera and not just within the investment realm. Doctors may be even more inclined to take a wait and see approach if they get a whiff of the idea that Afrezza may repeat Exubera's fate. I would think that it would be in SNY's interest to send a clear signal that they are confident in Afrezza and it is a key product for them moving forward. SNY isn't going to say anything to help MNKD investors out, but they should do it out of self interest. |
|
|
|
Post by kc on Jul 27, 2015 15:50:29 GMT -5
on he cc the ceo and cfo said to call sny regarding what their doing wig afrezza because the marketing is in their hands. Finally saw enough and called SNY...their lady said to call Matt as that is their product.... Can't ever get a hold of Matt for him to answer these questions Awesome Matt is probably vacationing in France and not reachable. I understand that Haken is with him. (my sarcastic sense of humor). |
|
|
|
Post by mssciguy on Jul 27, 2015 16:06:17 GMT -5
on he cc the ceo and cfo said to call sny regarding what their doing wig afrezza because the marketing is in their hands. Finally saw enough and called SNY...their lady said to call Matt as that is their product.... Can't ever get a hold of Matt for him to answer these questions Awesome Matt is probably vacationing in France and not reachable. I understand that Haken is with him. "Vacationing in France" ---very clever. How many times have you ever "vacationed" on a business trip? Maybe you get two hours to unwind at the airport bar. I think we are all way too nervous. Whenever I see trades in $0.0001 increments and single shares, that's HFT. If you or I did it, our accounts would get suspended, we would get fined or jailed... but it's good to recognize this. Also, do an overlay of 50,100, 200, 300 day moving averages (as an example)... notice how the 300 dma barely moves and the 50 dma shows the manipulation. "Cooler heads will prevail" |
|
|
|
Post by newmnkdinvestor on Jul 28, 2015 10:59:06 GMT -5
Matt is probably vacationing in France and not reachable. I understand that Haken is with him. "Vacationing in France" ---very clever. How many times have you ever "vacationed" on a business trip? Maybe you get two hours to unwind at the airport bar. I think we are all way too nervous. Whenever I see trades in $0.0001 increments and single shares, that's HFT. If you or I did it, our accounts would get suspended, we would get fined or jailed... but it's good to recognize this. Also, do an overlay of 50,100, 200, 300 day moving averages (as an example)... notice how the 300 dma barely moves and the 50 dma shows the manipulation. "Cooler heads will prevail"Probably lots of times when it comes for tax purposes! Not me of course!!! |
|
|
|
Post by notamnkdmillionaire on Jul 28, 2015 11:47:25 GMT -5
on he cc the ceo and cfo said to call sny regarding what their doing wig afrezza because the marketing is in their hands. Finally saw enough and called SNY...their lady said to call Matt as that is their product.... Can't ever get a hold of Matt for him to answer these questions Awesome Matt is probably vacationing in France and not reachable. I understand that Haken is with him. (my sarcastic sense of humor). Or he could be taking time off so he can finally see his endo. |
|
lol
