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Post by Chris-C on Nov 12, 2015 13:42:59 GMT -5
I despise GS and everything they stand for. The CEO promised to clean up the culture, but as the expression goes, "Culture eats strategy for lunch." I refuse to worship at their altar, and I don't accept the excuse that they are just doing business the same way as their competitors in a corrupt market. Their analyst J Olsen can always be counted on to ask questions designed to create or perpetuate doubt. In my world, you either have core values and a moral code or you don't, and the end does not justify the means. F GS and the destructive greed it symbolizes. OK. I feel better now... GLTAL Chris C
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Post by cfield23 on Nov 12, 2015 13:46:23 GMT -5
not gonna lie, here. consider it a confession. I have/had/have a large stake. i keep quiet and read about the company. I have been unaffected until yesterday, when i saw the fake info come out, then the price whither, then you came out and said it looked legit. I didn't do the hebrew translating, my mistake, but have read your posts and articles and figured it was the last thing i needed to see. I envisioned the price plummeting into the pennies, and figured i would at least protect a little of the cash. I figured that if the price corrected, I would enter again, which i did after the pop this morning. At first i beat myself up for missing the 50 cent pop that i could have used. This is all with me loaning shares at 40 percent. Well, I am back with a large holding, and feel ok about my decision, as I cannot live in the future. and it turns out i didn't cancel out the 40 percent rate as the loaned agreement is an umbrella and doesn't go away on the sell. sorry ... also, you should not loan your shares. I know the 40% seems "juicy" but you're contributing to the problem! If no one loaned their shares, we'd be at around $10/share now!
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Post by patryn on Nov 12, 2015 13:46:36 GMT -5
As far as the sleeping on it vs. instinctive, i sat and chilled for a long time with the thought that i would leave things alone through a buck seventy five, at which point i would protect what was left. suffice to say, i am not new with this company. So, I actually feel that i followed my own advice. Some will go down with the boat, others try to make a raft out of a plank and swim to shore even though the water is filled with sharks. Definitely want to re-affirm that I always feel if someone makes a decision to sell because they are unable to sleep at night for fear of losing their investment, then it is almost always the right decision. The peace of mind that comes from not being the partial owner of a highly risky and speculative drug company that has never turned a profit and doesn't stand to break even for at least another year or two is something that you can not place a price tag upon. What I meant by expensive lesson was the second part of your statement - you rebought at some higher price immediately after you made the first decision. That is the emotional knee jerk that I think needs to be evaluated because nothing has changed from yesterday to today or even the day before that. MNKD's position has not changed much in the last few months, just the stock price.
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Post by bighouseofi on Nov 12, 2015 13:58:39 GMT -5
knee jerk to the groin. lol.
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Post by factspls88 on Nov 12, 2015 14:33:05 GMT -5
I hope it's the beginning of a nice long decline.
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Post by mssciguy on Nov 12, 2015 14:35:24 GMT -5
I hope it's the beginning of a nice long decline. When will we see a hit piece entitled "GS is going to zero" Not soon enough. If these investment banks actually had some kind of socially redeeming factors in their favor, great. But GS just skims off the top. That is a function of govt, not business.
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Deleted
Deleted Member
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Post by Deleted on Nov 12, 2015 14:36:42 GMT -5
not gonna lie, here. consider it a confession. I have/had/have a large stake. i keep quiet and read about the company. I have been unaffected until yesterday, when i saw the fake info come out, then the price whither, then you came out and said it looked legit. I didn't do the hebrew translating, my mistake, but have read your posts and articles and figured it was the last thing i needed to see. I envisioned the price plummeting into the pennies, and figured i would at least protect a little of the cash. I figured that if the price corrected, I would enter again, which i did after the pop this morning. At first i beat myself up for missing the 50 cent pop that i could have used. This is all with me loaning shares at 40 percent. Well, I am back with a large holding, and feel ok about my decision, as I cannot live in the future. and it turns out i didn't cancel out the 40 percent rate as the loaned agreement is an umbrella and doesn't go away on the sell. sorry ... also, you should not loan your shares. I know the 40% seems "juicy" but you're contributing to the problem! If no one loaned their shares, we'd be at around $10/share now! And at $10/share, if the road remained just as it had up till now, Mannkind could have sold 25,000,000 on TASE instead of 50,000,000 for a $250,000,000 take. Imagine what kind of staying power that would have created and how that would have accelerated TS partnerships, development and put Mannkind in a position to lean on Sanofi a lot harder. Or instead, if Mannkind had sold all 50,000,000 for a $500,000,000 take. Then they could have declared a one time dividend.
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