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Post by kball on Aug 25, 2015 15:18:45 GMT -5
My edge is to remember the science. Almost unanimous superlatives from every user and even the the very few w issues most have stayed on it to some degree. I am in the process of selling a rental property I own and hoping the share price stays low for next four weeks so I can buy 100,000 Shs. I am a long investor who accumulates whenever I can. But I will admit this stock is not for the faint of heart. You must have the strength of your convictions in times like this. Remembering the science! GLTAL's. Also having a "giant pair" helps
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Post by bradleysbest on Aug 25, 2015 15:20:10 GMT -5
Like K balls!
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Post by seanismorris on Aug 25, 2015 15:29:47 GMT -5
Reasons I bought MNKD: Afrezza (33%), Technosphere (33%), Al Mann (34%)
I can't tell you anything about Al's health...but the last CC is the only one in memory where Al wasn't there.
I miss Al's enthusiasm...
Other expectations not met... 1) fairly rapid adoption of Afrezza. I didn't expect a blockbuster the first year...but I did expect a rapidly upward slopping graph. Without that, there is a increasing possibility that Afrezza is a niche product. I keep pushing the date outwards but if there isn't significant progress by February...
2) Technosphere. I expected several partners to show up after Afrezza was approved. Instead Mannkind is going alone at this point.
3) Management. Lots of kicking the can down the road (Afrezza sales), insider sales (did they know something?), No insider buys except Al converting debt to equity (Shorts call it dilution).
--- I'm not going to bother complaining to the SEC. 1) they don't care, 2) the shorts have been right, 3) the shorts will go away if management executes.
Re: belief in the product
Observation: If the Shorts are obviously wrong that doesn't mean the Bulls are obviously right.
I did a lot of research on Afrezza and Technosphere prior to Starting a position (many, many years ago). The Shorts arguments were ridiculous and it was obvious they didn't have a clue what Afrezza was or how it worked. The Longs had considerable knowledge and made persuasive arguments. My research was in agreement. So far, the Shorts have been right for all the wrong reasons...that's really annoying!
No matter how "cheap" the stock gets it does matter unless I can see some kind of progress. Still a hold.
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Post by BlueCat on Aug 25, 2015 15:53:26 GMT -5
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Post by BlueCat on Aug 25, 2015 15:53:58 GMT -5
And no, I don't think tarot constitutes a sound investment strategy. But at this point, my success rate on timing is about on par.
(Although through stroke of luck, I did liquidate some IRA holdings during the minor bounce just before the correction …)
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Post by Chris-C on Aug 25, 2015 16:16:10 GMT -5
I mean this with no disrespect but why are so many of you confident in Al at 95 years old? I have no problem admitting he is not your typical 95 year old but still that is really old. not for what he has accomplished but moving forward. Everyones skills dimisnh as they get older. Not a shot at Al but a fact of life.. newmnkdinvestor: Out of respect for the longs on this board and civility (a scarce commodity in the USA), I'm going to brush aside the irritation I felt about your observation regarding Mr. Mann (which was not only misinformed but sounded ageist) and make another point: The respect that long investors have about Mr. Mann is not only for the gentleman he is today, but also for the astute, unassuming, generous man he was yesterday and decades ago. Mr. Mann was not in his nineties when he recognized the potential of technosphere and made the decision to found Mannkind. He was probably in his 70s at that point, having made millions and having created previous successful companies. I notice that he invests in technologies that make lives better. Those actions create wealth while actually also contributing something to humankind. Mr. Mann feel compelled to use his wealth to invest in universities and other philanthropic pursuits (and other companies that have the potential to make lives better such as EYES). So, I could care less if he is 150 and has dementia; he will still have my supreme respect. He has also turned over the operation of MNKD to others. Perhaps some here would assert that this represented poor judgment. Others might see it as an indication that he is turning his attention to other pursuits because he is confident that MNKD is on the road to success; that he believes that the control column can be turned over to the co-pilots. That's how I choose to see it. If we're lucky, we might live to be 90 as well. And I can guarantee you, if we do, and we are functioning as well as Al Mann, and have his wealth and track record, comments like the one you made will irritate the dickens out of us. But if we're as classy as he is, we'll ignore them and soldier on, grateful for every new day. I've learned a few things from Al Mann...about tenacity and about philanthropy. But, I'm perhaps less forgiving when I sense that people are being diminished because of their age, religion, nationality, social status, or mental or physical ability. I'm sure you are too; and that you intended no disrespect. Chris C
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Post by BlueCat on Aug 25, 2015 16:31:19 GMT -5
I mean this with no disrespect but why are so many of you confident in Al at 95 years old? I have no problem admitting he is not your typical 95 year old but still that is really old. not for what he has accomplished but moving forward. Everyones skills dimisnh as they get older. Not a shot at Al but a fact of life.. newmnkdinvestor: Out of respect for the longs on this board and civility (a scarce commodity in the USA), I'm going to brush aside the irritation I felt about your observation regarding Mr. Mann (which was not only misinformed but sounded ageist) and make another point: The respect that long investors have about Mr. Mann is not only for the gentleman he is today, but also for the astute, unassuming, generous man he was yesterday and decades ago. Mr. Mann was not in his nineties when he recognized the potential of technosphere and made the decision to found Mannkind. He was probably in his 70s at that point, having made millions and having created previous successful companies. I notice that he invests in technologies that make lives better. Those actions create wealth while actually also contributing something to humankind. Mr. Mann feel compelled to use his wealth to invest in universities and other philanthropic pursuits (and other companies that have the potential to make lives better such as EYES). So, I could care less if he is 150 and has dementia; he will still have my supreme respect. He has also turned over the operation of MNKD to others. Perhaps some here would assert that this represented poor judgment. Others might see it as an indication that he is turning his attention to other pursuits because he is confident that MNKD is on the road to success; that he believes that the control column can be turned over to the co-pilots. That's how I choose to see it. If we're lucky, we might live to be 90 as well. And I can guarantee you, if we do, and we are functioning as well as Al Mann, and have his wealth and track record, comments like the one you made will irritate the dickens out of us. But if we're as classy as he is, we'll ignore them and soldier on, grateful for every new day. I've learned a few things from Al Mann...about tenacity and about philanthropy. But, I'm perhaps less forgiving when I sense that people are being diminished because of their age, religion, nationality, social status, or mental or physical ability. I'm sure you are too; and that you intended no disrespect. Chris C Here here. (table knocking). I will add - the very most important aspect of leadership is the ability to cultivate next generation leaders, and delegate leadership effectively to them. Perhaps more than his good judgement and all-in investment in Technosphere, his hand-over to the management team is an important part of this legacy. And yea. He's doing it at 90+ - from a place of well-exercised wisdom and practice. I will add however - all leaders - including Al and his minions - are human, at any age.
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Post by newmnkdinvestor on Aug 25, 2015 18:51:25 GMT -5
I mean this with no disrespect but why are so many of you confident in Al at 95 years old? I have no problem admitting he is not your typical 95 year old but still that is really old. not for what he has accomplished but moving forward. Everyones skills dimisnh as they get older. Not a shot at Al but a fact of life.. newmnkdinvestor: Out of respect for the longs on this board and civility (a scarce commodity in the USA), I'm going to brush aside the irritation I felt about your observation regarding Mr. Mann (which was not only misinformed but sounded ageist) and make another point: The respect that long investors have about Mr. Mann is not only for the gentleman he is today, but also for the astute, unassuming, generous man he was yesterday and decades ago. Mr. Mann was not in his nineties when he recognized the potential of technosphere and made the decision to found Mannkind. He was probably in his 70s at that point, having made millions and having created previous successful companies. I notice that he invests in technologies that make lives better. Those actions create wealth while actually also contributing something to humankind. Mr. Mann feel compelled to use his wealth to invest in universities and other philanthropic pursuits (and other companies that have the potential to make lives better such as EYES). So, I could care less if he is 150 and has dementia; he will still have my supreme respect. He has also turned over the operation of MNKD to others. Perhaps some here would assert that this represented poor judgment. Others might see it as an indication that he is turning his attention to other pursuits because he is confident that MNKD is on the road to success; that he believes that the control column can be turned over to the co-pilots. That's how I choose to see it. If we're lucky, we might live to be 90 as well. And I can guarantee you, if we do, and we are functioning as well as Al Mann, and have his wealth and track record, comments like the one you made will irritate the dickens out of us. But if we're as classy as he is, we'll ignore them and soldier on, grateful for every new day. I've learned a few things from Al Mann...about tenacity and about philanthropy. But, I'm perhaps less forgiving when I sense that people are being diminished because of their age, religion, nationality, social status, or mental or physical ability. I'm sure you are too; and that you intended no disrespect. Chris C Its cool. I am sorry for annoying you. Lets be real about this. I will never come close to achieving what AL has. I am an absolute nobody in comparison to Al and I am in no way taking a shot at him personally. If you want to tie in racism, social status into the fact that peoples skills diminish as they get older then so be it. I deal with old people all day long and I am ok with that statement. I am blunt and I understand a lot of longs are emotionally invested to Al and his legacy. I will be more respectful of that in the future.
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Post by mnholdem on Aug 25, 2015 18:51:26 GMT -5
When I become a multi-millionaire because of him, I plan to emulate Al Mann in some philanthropic fashion or another. I hope he lives to well past his hundredth birthday.
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Post by dreamboatcruise on Aug 25, 2015 19:53:09 GMT -5
When I become a multi-millionaire because of him, I plan to emulate Al Mann in some philanthropic fashion or another. I hope he lives to well past his hundredth birthday. If only there were time machines... I'm sure the rich me of the future would be charitable towards the increasingly poor me of today.
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Post by BD on Aug 25, 2015 20:11:25 GMT -5
I did a lot of research on Afrezza and Technosphere prior to Starting a position (many, many years ago). The Shorts arguments were ridiculous and it was obvious they didn't have a clue what Afrezza was or how it worked. The Longs had considerable knowledge and made persuasive arguments. My research was in agreement. So far, the Shorts have been right for all the wrong reasons...that's really annoying! This rings painfully true...
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Post by savzak on Aug 25, 2015 22:01:20 GMT -5
I did a lot of research on Afrezza and Technosphere prior to Starting a position (many, many years ago). The Shorts arguments were ridiculous and it was obvious they didn't have a clue what Afrezza was or how it worked. The Longs had considerable knowledge and made persuasive arguments. My research was in agreement. So far, the Shorts have been right for all the wrong reasons...that's really annoying! This rings painfully true... The shorts have been right on two points that leave us where we are today. First, the market cap for a company built on prospects rather than profits was extreme. Second, Afrezza sales will not justify that market cap. They've been right on the second point so far but the key question is, who will be right in the end.
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Post by chicagpete on Aug 26, 2015 6:41:10 GMT -5
I mean this with no disrespect but why are so many of you confident in Al at 95 years old? I have no problem admitting he is not your typical 95 year old but still that is really old. not for what he has accomplished but moving forward. Everyones skills dimisnh as they get older. Not a shot at Al but a fact of life.. True, but I know he is healthy. Has he lost he edge? Not yet. And I'm sure his kids know his exact wishes if something were to happen. That's what ( Trusts ) are for. You know Al has thought about this! My dad had his last wishes written out 10 years before he died. My main concern is getting T2's to give up the pills and try something new! ( All I can do now is fly the plane, and not look at the storm! There is a 50% chance we are going lower:-) I hope/pray your information is accurate - that you"know he is healthy". Have you had contact or solid confirmation since Al's appearance at May annual shareholder meeting? Or this this a hopeful assumption? I do agree with remaining post that his wishes are carefully detailed out.
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Post by sportsrancho on Aug 26, 2015 7:15:56 GMT -5
True, but I know he is healthy. Has he lost he edge? Not yet. And I'm sure his kids know his exact wishes if something were to happen. That's what ( Trusts ) are for. You know Al has thought about this! My dad had his last wishes written out 10 years before he died. My main concern is getting T2's to give up the pills and try something new! ( All I can do now is fly the plane, and not look at the storm! There is a 50% chance we are going lower:-) I hope/pray your information is accurate - that you"know he is healthy". Have you had contact or solid confirmation since Al's appearance at May annual shareholder meeting? Or this this a hopeful assumption? I do agree with remaining post that his wishes are carefully detailed out. I have not seen him, but do have it confirmed he's doing well. My girlfriends kids see him often. They are his grandkids.
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Post by kball on Aug 26, 2015 7:33:07 GMT -5
^ They should start posting here!
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