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Post by seanismorris on Aug 3, 2015 19:30:16 GMT -5
We were very oversold in May, then we had a warning about diabetes drugs from the FDA (about competing products)... I think it was about SGLT2 inhibitors. Anyways, this prompted many investors (including institutions) to take or increase Long positions.
When MNKD reached 7$ most people realized the bounce was overdone and took profits. The warning remains 'long term bullish' for Afrezza. But, it's going to take quite a while before it effects Mannkinds bottom line.
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Post by tripoley on Aug 4, 2015 11:08:17 GMT -5
I suspect we see a Time magazine effect on Friday. 38,000 diabetics who read that Time saw their PCP for a physical last week. Some noticed the ad, and some asked their doctors about it. Many PCPs can do spirometry in their office. Some of those will get samples but lots of doctors offices don't have samples so some will get scripts. i don't expect a big effect, but I bet we get back over 500 TRx, and probably set a new high for TRx and NRx as well as total sales for the week. Fingers crossed. Not if it is taking people 6-8 weeks to see their endo/pcp. That's the point of my post. 2M diabetics read that Time. 38,000 (2M/52) already had an appointment scheduled with their PCP last week. Forget the 6-8 week delay.
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Post by notamnkdmillionaire on Aug 4, 2015 11:09:34 GMT -5
Not if it is taking people 6-8 weeks to see their endo/pcp. That's the point of my post. 2M diabetics read that Time. 38,000 (2M/52) already had an appointment scheduled with their PCP last week. Forget the 6-8 week delay. Ok, I misunderstood your post. My bad.
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Post by tripoley on Aug 4, 2015 11:19:40 GMT -5
That's the point of my post. 2M diabetics read that Time. 38,000 (2M/52) already had an appointment scheduled with their PCP last week. Forget the 6-8 week delay. Ok, I misunderstood your post. My bad. Np, I hope I'm right. Of course this conversion process is screwing with the share price so I'm not sure anything less than stellar results on Friday matters anyway. A doubling of scripts would get people's attention though. Seriously doubt that happens.
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