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Post by Chris-C on Sept 10, 2015 14:37:16 GMT -5
If a shareholder is uncertain, I recommend listening to a few conference calls where Afrezza potential and company finances are discussed. I am extremely impressed with Matt Pfeiffer's technical and financial knowledge, he brings it down to a level non-technical people can understand. I have emailed Matt on a couple of events and he graciously replied back with answers that satisfied my questions. So be patient, good things come to those that can wait. Kastanes Agreed on all points— with emphasis on the need for patience. It would be illogical and out of character for Mr Mann to have endured the substantial challenges of getting this drug to market, to have made the investment he has made in time, sweat equity, and money, and not to take steps to see it to a successful conclusion, particularly when he has the means to do so. It would out of character. I posted earlier that I believed Mr Mann "stepped down" because he has competing pursuits and he believes the training wheels can now be removed as the company heads toward commercial success. I'm certain he had a role in the hiring of Dr. Urbanski, who as Chief Medical Officer, will help move technosphere drug development forward and complement the executive team. I do not think it is accidental that bashers have been silent on the potential value of other Technosphere applications under development. There may be huge potential in the coming pipeline that dwarfs the revenue for Afrezza. I recognize that it's hard for some to focus on the good things in the swampland of Wall Street when people feel surrounded by alligators. But facts are facts. Nothing has changed, huge potential remains, and every day is a step closer. GLTAL Chris C
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Post by esstan2001 on Sept 10, 2015 14:44:18 GMT -5
If MNKD went Bankrupt would Sanofi not come in and buy up the rights to Afrezza for pennies on the dollar and continue commercialization? I'd like to understand your notion that Sanofi would not allow MNKD to go bankrupt. Could you clarify? They just would not allow a partner to go bankrupt. It would not look good for future partnerships with the company. Al Mann will not let it go bankrupt either. They would do a tender offer and take it private. I am surprised that has not occurred yet. He has enough shares along with institutional investors to make that happen for a very cheap price. kc, I do not think Al considers this route because it would be a big let down to all the faithful shareholders that have stuck with him for the years, and I think he truly does care about those that supported the company through thick and thin. In addition, I'm sure there are also family and friends he has to consider. late edit- I am assuming he is in no position to offer greater than the MNKD IPO price which I think was around $20- Of course if he offered that or more, there might be some happy shareholders...
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Post by mssciguy on Sept 10, 2015 15:02:25 GMT -5
They just would not allow a partner to go bankrupt. It would not look good for future partnerships with the company. Al Mann will not let it go bankrupt either. They would do a tender offer and take it private. I am surprised that has not occurred yet. He has enough shares along with institutional investors to make that happen for a very cheap price. kc, I do not think Al considers this route because it would be a big let down to all the faithful shareholders that have stuck with him for the years, and I think he truly does care about those that supported the company through thick and thin. In addition, I'm sure there are also family and friends he has to consider. I have never ever seen a stock so manipulated....look at the Nasdaq, there was ZERO volume for several hours, it's all happening on "dark" exchanges, dark pools... If the SEC needs a "poster child" for colossal manipulation, look no further. Did my share of tips to them, hope you all submitted yours. Looking forward to the morning! Sleep well.
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Post by esstan2001 on Sept 10, 2015 15:12:14 GMT -5
I doubt this ineffectual SEC will do anything. Why do we pay them?
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Post by kc on Sept 10, 2015 16:11:51 GMT -5
They just would not allow a partner to go bankrupt. It would not look good for future partnerships with the company. Al Mann will not let it go bankrupt either. They would do a tender offer and take it private. I am surprised that has not occurred yet. He has enough shares along with institutional investors to make that happen for a very cheap price. kc, I do not think Al considers this route because it would be a big let down to all the faithful shareholders that have stuck with him for the years, and I think he truly does care about those that supported the company through thick and thin. In addition, I'm sure there are also family and friends he has to consider. late edit- I am assuming he is in no position to offer greater than the MNKD IPO price which I think was around $20- Of course if he offered that or more, there might be some happy shareholders...
I would not assume that he or anybody else has any allegiance to the old MNKD IPO price. That is past history and Al or who ever is making the decision will base an offering tender price on what they can buy it for today and not worry about the past. Its about business and survival. Many of us have some expensive shares based on when we purchased them. Sadly I'm a bit underwater but have dollar cost averaged down. Still need to hit a higher value to be even and would hope that would occur in the future. But Al does not owe any of us more than the fair market value of the company. A tender offer is generally for more than today's value but not necessarily a multiple of anything other than what a buyer is willing to pay for the company. Based on today's closing price of $3.75 a person could offer $7.50 or $8.00 and folks would stand in line to tender their shares and head for the exit. (It could also start a bidding war with other potential players) Do I like this? absolutely not. But is it realistic? Yes it is. You win some and you lose some. Do I believe in MannKind based on what I have seen so far? Yes. That I why I am holding long as I have the view and vision that our better days are ahead. I don't see a bankruptcy in the future and don't believe that the board of MannKind would allow that to happen.
I stated earlier that Sanofi would not allow a partner to go bankrupt as it would not help them with future relationships with other companies. Sanofi has shown that partnering with independent Bio Pharma companies is a cheaper and fast way to get new drugs to the market place and would not want to scare off any future partners. The Pharma business is very competitive with a lot of cash to buy companies. So if Sanofi failed to invest with a buy into MannKind somebody else would and Sanofi would have a bastardized relationship / partner. Let's see how October plays out and the debt refinance takes place as I still believe that Sanofi will be the one purchasing the retired B of A convertible notes and given NEW NON REGISTERED SHARES.
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Post by sportsrancho on Sept 10, 2015 18:32:03 GMT -5
kc, I think so too. Matt is expecting the share price to be higher. And I would think that would have to be because of a event. I expect the market to go maybe 20% lower in the next few months. If MNKD goes with it I will buy more. I see NO bankruptcy! My fear if I have one is a cheap buy out. So if we do get to two. I will be buying like crazy when there is blood in the streets. I bought at two before.I can do it again. But I don't see us following the market. I think scripts will go up and the stock will slowly more up with them.
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Post by mssciguy on Sept 10, 2015 18:43:26 GMT -5
kc, I think so too. Matt is expecting the share price to be higher. And I would think that would have to be because of a event. I expect the market to go maybe 20% lower in the next few months. If MNKD goes with it I will buy more. I see NO bankruptcy! My fear if I have one is a cheap buy out. So if we do get to two. I will be buying like crazy when there is blood in the streets. I bought at two before.I can do it again. But I don't see us following the market. I think scripts will go up and the stock will slowly more up with them. Ya I think tomorrow morning, we'll have a nice surprise to go along with our coffee (with NO sugar) .... where I went to school many years ago one of my old room mates did a course in persuasion theory, they actually teach this stuff in universities, manipulation of emotions and behavior, very sad and we see it is effective in our best and brightest, c'est la vie. Stay healthy y'all
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Post by mannmade on Sept 10, 2015 18:50:37 GMT -5
I doubt this ineffectual SEC will do anything. Why do we pay them? Someone pays them to do nothing... Great work if you can get it!
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Post by mssciguy on Sept 10, 2015 19:10:10 GMT -5
I doubt this ineffectual SEC will do anything. Why do we pay them? Someone pays them to do nothing... Great work if you can get it! Goldman Sachs either puts them in there, or hires them when they get out. Colossal corruption/conflict of interests, similar to the military/industrial complex. This stuff has to stop, or else our democracy will fail. Maybe it already has.
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Post by afrizzle on Sept 10, 2015 19:52:45 GMT -5
I'm mentally prepared for $2 Mentally prepared to buy more
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Deleted Member
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Post by Deleted on Sept 10, 2015 21:07:49 GMT -5
Growing rx almost guarantees a floor at these prices. No way we see $2. Unthinkable. Yet somehow. Those sneaky shorts will stop at nothing.
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Post by pktrump on Sept 10, 2015 22:14:05 GMT -5
Sometimes its not what you see, but what you don't see that bothers you.
With MNKD, we do see massive FUD, 100+million shorts, unimpressive scripts thus far, falling PPS, bogus articles and downgrades, etc...
But what we don't see anymore with MNKD, since the SNY partnership, is an excited and inspired Al MAnn, we don't see or hear Al's vision anymore, and as a result, are thrust into a speculating whirlwind.
The silence of Al bothers me.
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Post by harrys on Sept 10, 2015 22:30:19 GMT -5
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Post by kc on Sept 10, 2015 22:39:42 GMT -5
Harry I sense a bit of FUD in your postings. Trying to confuse with the other Harry?
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Post by harrys on Sept 10, 2015 22:45:33 GMT -5
Harry I sense a bit of FUD in your postings. Trying to confuse with the other Harry? Excuse me if I share the same name as another poster on this board LOL didn't mean to "confuse" you.
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