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Post by lmj on Oct 29, 2015 14:24:49 GMT -5
Management BETTER get their act together.
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Post by liane on Oct 29, 2015 14:25:50 GMT -5
Sold some more Jan16 4Puts! If I take possesion in Jan, net cost $2.30 per share.
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Post by kball on Oct 29, 2015 14:34:58 GMT -5
This too shall pass. This is the kind of day I turn off the computer and do something useful, and calming, like carving pumpkins. I remind myself there are so many people (including some of my own siblings) who have much bigger problems with health or finances or both. MNKD is only a small percentage of my assets, I have a roof over my head, food on the table, a loving spouse of 35 years, and reasonably good health. Would I prefer we were going UP 18+% rather than down - hell yeah. But in the greater scheme of things I've experienced over 60+ years it's a bump in the road. Been investing since 1980; this is background noise.  On the other hand, not sure i wanna be around a knife |
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Post by rrtzmd on Oct 29, 2015 14:38:27 GMT -5
Novo is down over 6% and Sanofi over 3%. The diabetic space is getting hurt. Mannkind down 12%. Whatever and does it really matter? It's all trading noise. Diabetes isn't going away! Well, I don't think the whole 12% 16% 18% was sector specific. Although, I agree with you, at this point in time, it does not matter, I too am starting to wonder when it will start mattering. I have my own game plan and time projections, and I want to see it played out, so for the time being I am not going anywhere. However, I can not in good faith say I am not annoyed about how the whole game is being played, and, in days like today, equally annoyed about the lack of empathy towards MNKD investors from both SNY and MNKD management, which, in theory, must have known exactly what SNY would say, and do little, at least in appearance, to soften the blow. Of course there is the argument to be made of whether they could actually say something to soften the blow, or anything they say would have made it worst. Based on recent history one could easily argue the latter would be more likely. "Of course there is the argument to be made of whether they could actually say something to soften the blow..." I suspect that was the purpose of the press releases about the 9 million shares being returned and the Tel Aviv listing. The timing seems just a little too "good" -- 23rd, 26th, 29th. The question remains about the other "shoe" that drops in a few more days. |
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Post by jpg on Oct 29, 2015 14:46:50 GMT -5
The bear raid simply needed to be timed to the CC. Little could have been said by Sanofi to alter the spin. The sales speak for themselves. Pundits just needed to add a few under the bus things and sell sell sell to start this latest little panic.
This will pass. Sales will determine our faith.
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Post by miracle331 on Oct 29, 2015 14:57:25 GMT -5
back up to -8%. Really does seem like a bear raid
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Post by novafett on Oct 29, 2015 14:59:18 GMT -5
Dang got stuck on a conference call and missed my opportunity at that BIG dip.  |
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Post by liane on Oct 29, 2015 15:03:32 GMT -5
Dang got stuck on a conference call and missed my opportunity at that BIG dip. Hate it when that happens! |
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Post by EveningOfTheDay on Oct 29, 2015 15:06:19 GMT -5
"Of course there is the argument to be made of whether they could actually say something to soften the blow..." I suspect that was the purpose of the press releases about the 9 million shares being returned and the Tel Aviv listing. The timing seems just a little too "good" -- 23rd, 26th, 29th. The question remains about the other "shoe" that drops in a few more days. No. Those things were reported when they happened. We all knew about the 9 million shares to be returned from way back. As to the dual listing, I do not think there was more to it than what was stated by management. They might have thought it could possibly create a buffer for the share price, but I doubt they were placing a lot of hopes on it. Yes, the question does remain about what will be said during MNKDs conference and what reaction the market will have, although, judging by todays events, I would say another bear rally seems highly possible. Fortunately for me I do not need to cash my investment now or any time soon. Aloha nui. |
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Post by kbrion77 on Oct 29, 2015 15:11:01 GMT -5
Quiet after hours seems a bit out of the norm.......I guess this was anything but a normal day though.
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Post by scottiemac on Oct 29, 2015 15:24:23 GMT -5
 LOL - it's a pumpkin carving "knife" our kids used when they were 4 or 5; only sharp enough to puncture the thin shell after all the seeds and goop have been scraped out.
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Post by mnkdorbust on Oct 29, 2015 16:52:48 GMT -5
Nasdaq shows 7,000 shares purchased after hours at $4.28?
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Post by babaoriley on Oct 29, 2015 17:04:23 GMT -5
This too shall pass. This is the kind of day I turn off the computer and do something useful, and calming, like carving pumpkins. I remind myself there are so many people (including some of my own siblings) who have much bigger problems with health or finances or both. MNKD is only a small percentage of my assets, I have a roof over my head, food on the table, a loving spouse of 35 years, and reasonably good health. Would I prefer we were going UP 18+% rather than down - hell yeah. But in the greater scheme of things I've experienced over 60+ years it's a bump in the road. Been investing since 1980; this is background noise. Well it may be but a bump for you, scottiemac, but it's a friggin, giant, limestone sink hole for others. And those others probably don't have the rest of their lives in such fine order as you, which undoubtedly is part of the reason they have chosen unwisely to put too great a percentage of their money into MNKD. I salute your wisdom! |
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Post by mdcenter61 on Oct 29, 2015 17:15:41 GMT -5
This too shall pass. This is the kind of day I turn off the computer and do something useful, and calming, like carving pumpkins. I remind myself there are so many people (including some of my own siblings) who have much bigger problems with health or finances or both. MNKD is only a small percentage of my assets, I have a roof over my head, food on the table, a loving spouse of 35 years, and reasonably good health. Would I prefer we were going UP 18+% rather than down - hell yeah. But in the greater scheme of things I've experienced over 60+ years it's a bump in the road. Been investing since 1980; this is background noise. Well it may be but a bump for you, scottiemac, but it's a friggin, giant, limestone sink hole for others. And those others probably don't have the rest of their lives in such fine order as you, which undoubtedly is part of the reason they have chosen unwisely to put too great a percentage of their money into MNKD. I salute your wisdom! Heck, Baba, as I peer up from my own sinkhole, I gotta believe retirement is overrated anyway, right? |
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Post by jpg on Oct 29, 2015 17:44:56 GMT -5
They time these raids to capitalize on investors not being able to quickly digest information (good, bad or neutral isn't that significant) fast enough to take advantage of the opportunity or to come up withan opinion.
Investors think (reinforced by the usual basher trolls) that it must be bad simply because they didn't listen to the call or didn't understand what was said (this is mostly done when scientific data is shared).
This CC gave us no info we did not have before. We learnt nothing new yet the spin (proportional to the intentity of the bear raid) was extraordinairily negative. The panic was about the share price not anything new no?
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LOL - it's a pumpkin carving "knife" our kids used when they were 4 or 5; only sharp enough to puncture the thin shell after all the seeds and goop have been scraped out.
