|
Post by dreamboatcruise on Nov 20, 2015 13:00:42 GMT -5
Mine's so filled with X's, looping arrows, and question marks, it is no longer legible. I've considered, too, that one, or more, of the institutional investors became activist investors. Today's pps lift may be them putting their money where their mouth was. That thought had crossed my mind as well.
|
|
|
Post by jeremg on Nov 20, 2015 13:02:38 GMT -5
Mine's so filled with X's, looping arrows, and question marks, it is no longer legible. I've considered, too, that one, or more, of the institutional investors became activist investors. Today's pps lift may be them putting their money where their mouth was. Could the institutions really have that sort of control with Al and retail owning X amounts of shares? I think Al is the only force at work here.
|
|
|
Post by jeremg on Nov 20, 2015 13:10:15 GMT -5
On a lighter note, I'd just like to share the latest post title from YMB: " Hakan was a double agent working for SNY". God knows there isn't a shred of information worth the paper its printed on (get it?) over there, but they never fail to provide me with a good laugh and some jestful entertainment.
|
|
|
Post by blindhog1 on Nov 20, 2015 13:16:23 GMT -5
Mine's so filled with X's, looping arrows, and question marks, it is no longer legible. I've considered, too, that one, or more, of the institutional investors became activist investors. Today's pps lift may be them putting their money where their mouth was. That thought had crossed my mind as well. You aren't alone. We've all been involved in companies that have had the Institutional Investors put their foot down and say:
"Damn it, Get your act together !"
|
|
|
Post by benyiju on Nov 20, 2015 14:04:22 GMT -5
Let's hope someone serious is getting involved, and that they will have some influence over choice of new CEO. The poor management (and weak oversight from Al and BOD) this year has been unconscionable. If Al stays on as CEO or they promote MP or some other half-assed move, I'm going to seriously consider dumping my positions.
|
|
|
Post by sportsrancho on Nov 20, 2015 14:22:00 GMT -5
I think you're right, jeremg, the one short-term positive here is more proof of Al Mann's commitment to final success of MNKD. Probably not enough to calm mkt, though. For that he needs to pony up more $ for loan guarantees. Come on, Al, put (more) money where your mouth is! If you were Al Mann and had at last been proven right after all these years, what would you guys do? #Give it all you got!
|
|
|
Post by vissertrades on Nov 20, 2015 14:22:57 GMT -5
Shrek takes over KBIO and this happens after a 500% increase yesterday:
KaloBios Pharmaceuticals, Inc. (KBIO) -NasdaqGM Watchlist 19.87 Up 9.47(91.04%) 2:20PM EST - Nasdaq Real Time Price
Al Mann takes over yesterday and we get:
MannKind Corp. (MNKD) -NasdaqGM In Watchlist 2.50 Up 0.09(3.73%) 2:22PM EST - Nasdaq Real Time Price
Another day in life of a Mannkind Investor :-(
|
|
|
Post by gamblerjag on Nov 20, 2015 14:36:08 GMT -5
KBIO has 4 million O/S. the temperature change can move that stock!
|
|
|
Post by dreamboatcruise on Nov 20, 2015 14:43:15 GMT -5
Mine's so filled with X's, looping arrows, and question marks, it is no longer legible. I've considered, too, that one, or more, of the institutional investors became activist investors. Today's pps lift may be them putting their money where their mouth was. Could the institutions really have that sort of control with Al and retail owning X amounts of shares? I think Al is the only force at work here. Unless Al were willing to bankroll MNKD on his own I think he realizes that institutional support is critical because of a likelihood for raising additional capital through share sales over the coming 6-18 months.
|
|
|
Post by peppy on Nov 20, 2015 14:49:35 GMT -5
The comment was made by someone else that resonates with me. Perhaps Al Mann will set up a sale, and rest easy.
|
|
|
Post by longinvstr on Nov 20, 2015 15:45:39 GMT -5
Mine's so filled with X's, looping arrows, and question marks, it is no longer legible. I've considered, too, that one, or more, of the institutional investors became activist investors. Today's pps lift may be them putting their money where their mouth was. Could the institutions really have that sort of control with Al and retail owning X amounts of shares? I think Al is the only force at work here. Our is a tentative & precarious situation. Control may not be needed. A suggestion or nudge may be enough
|
|
|
Post by stevil on Nov 20, 2015 16:05:21 GMT -5
Honestly, this thread baffles me.... IMO,,,, there's only one way to look at this as a positive event. That is if you already believed the ship was sinking and Hakan was driving it all along. I never saw it that way... I always looked at Al stepping down and giving Hakan the CEO roll as a sign that the details were done and Hakan, specializing is the science, could run the operations on Al's path without having much he could fuk up. Otherwise, I never would've seen Hakan as the right choice for CEO in the first place, AND how the hell did Al ever think he was??? Today's news confirms to me that the train is off the rails.... I was going to essentially post just this, except spun the other way. The only people who view this as being negative are those who weren't in tune with how bad our situation really was. They didn't realize that the ship was sinking with Hakan aboard. To me, while it isn't a completely positive thing... yet- like others have iterated, it at least gives us hope to succeed. In other words, it's not the decision that's negative, it's coming to terms with reality for some on here. To me, this can only end positively, as I was convinced there was only one direction Hakan was taking us. And now we have a new chance to turn the ship around...
|
|
|
Post by stevil on Nov 20, 2015 16:27:33 GMT -5
I think it's premature to presume that Hakan was given a choice of resign or be fired. After all, Hakan has been there like 10-15 years already, so firing him now is a bit like calling the fire department after the house has burned down. Plus, as I understood it, he was Al'Mann's personal choice to be CEO back when he was originally hired and also when Al retired. Also, why fire him -- as opposed to finding a new CEO and then just replacing him? Then the news might have been perceived in a more positive light. As it is, with no explanation coming from the company, all investors see is that the ship has lost its captain. Al, while great, is still 90 years old and even though only "interim CEO," investors are bound to wonder if he is up to handling MNKD's current situation. So I think one, at least, should reflect on the possibility that Hakan resigned because he either didn't like getting blamed and taking fire from critics -- perhaps for things over which he had no control over -- and/or, possibly,he didn't like what he saw looming on the horizon. Then it was the correct decision for him to make if he didn't like what was looming on the horizon. I don't want a quitter as our CEO. A Captain (good leader) is the last person off the boat in a crisis. They don't abandon ship when they see rough waters on the horizon. That is when their expertise is most needed. The only reasons I would be ok with Hakan stepping down on his own would be for medical/ethical reasons, or he realized he wasn't giving MNKD what it deserved. Granted, I'm not in the know, but considering the state of the company and no rumors of any health issues and knowing how ethical Al is, I can't help but think he was pushed out.
|
|
|
Post by benyiju on Nov 20, 2015 16:34:38 GMT -5
At the very least we have seemingly cleared up all the ridiculous speculation that salvation is just around the corner (in the TASE listing, at this month's BOD mtg, etc), speculation whipped up by the phony oracle of the lakes and his/her deluded devotees. We need cash to keep operations going and we need scripts. Of course, naming a hotshot new CEO wouldn't hurt...
|
|
|
Post by lakers on Nov 20, 2015 16:41:01 GMT -5
I think it's premature to presume that Hakan was given a choice of resign or be fired. After all, Hakan has been there like 10-15 years already, so firing him now is a bit like calling the fire department after the house has burned down. Plus, as I understood it, he was Al'Mann's personal choice to be CEO back when he was originally hired and also when Al retired. Also, why fire him -- as opposed to finding a new CEO and then just replacing him? Then the news might have been perceived in a more positive light. As it is, with no explanation coming from the company, all investors see is that the ship has lost its captain. Al, while great, is still 90 years old and even though only "interim CEO," investors are bound to wonder if he is up to handling MNKD's current situation. So I think one, at least, should reflect on the possibility that Hakan resigned because he either didn't like getting blamed and taking fire from critics -- perhaps for things over which he had no control over -- and/or, possibly,he didn't like what he saw looming on the horizon. Then it was the correct decision for him to make if he didn't like what was looming on the horizon. I don't want a quitter as our CEO. A Captain (good leader) is the last person off the boat in a crisis. They don't abandon ship when they see rough waters on the horizon. That is when their expertise is most needed. The only reasons I would be ok with Hakan stepping down on his own would be for medical/ethical reasons, or he realized he wasn't giving MNKD what it deserved. Granted, I'm not in the know, but considering the state of the company and no rumors of any health issues and knowing how ethical Al is, I can't help but think he was pushed out. The Web site was immediately updated. Hakan's picture was removed from the all exec mgmt hands. However, accessing the side menu, Hakan's picx is still there. That was quick considering Web site has been slowly updated thus far, but not thorough. This should be fixed. compound26 is needed here although he is overqualified for the job:-) www.mannkindcorp.com/about-us-executive-management.htm
|
|