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Post by jeremg on Nov 20, 2015 12:34:47 GMT -5
If we manage to close above $2.50 today (currently up 4% @ $2.51) then I believe it will mark a turning point as the market will have reacted rationally and positively to the change in management (as opposed to the reflexive irrational movement I had expected). I will rest easy this weekend knowing Al is alive and kicking and still VERY much involved in MNKD; there is ZERO chance we will see bankruptcy as long as Al has a breathe left in his body ("knock on wood", "amit - amit", "tocca ferro" [all other superstitious compulsions]), of that I am now certain. If script numbers grow this week as they have last, then we will truly be off to the races. I believe we are finally beginning to see some shadowy movement behind the two-way mirror, hopefully it will all become clear as day before the end of the year.
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Post by gamblerjag on Nov 20, 2015 12:37:19 GMT -5
Does anyone find it odd that Hakan just last week had an article with the L.A times about how he saw the Co. through FDA approval... and now this... just seems odd if you knew your were on your way out whether forced or resigned.. it doesn't make sense.. why I don't know.
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Post by uvula on Nov 20, 2015 12:40:37 GMT -5
I thought it was interesting that they reused the photo from last week in today's article.
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Post by longinvstr on Nov 20, 2015 12:44:11 GMT -5
Does anyone find it odd that Hakan just last week had an article with the L.A times about how he saw the Co. through FDA approval... and now this... just seems odd if you knew your were on your way out whether forced or resigned.. it doesn't make sense.. why I don't know. But, does make sense, if you were unaware of perceptions RE your job performance Puzzle piece fits with the "blind to perception of plea for Techno partner on CC" statement. |
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Post by jeremg on Nov 20, 2015 12:44:27 GMT -5
Does anyone find it odd that Hakan just last week had an article with the L.A times about how he saw the Co. through FDA approval... and now this... just seems odd if you knew your were on your way out whether forced or resigned.. it doesn't make sense.. why I don't know. There are many different reasons he could have given that interview: A) He did not know he would be forced out, Al is a smart businessman and moved quick with little time for fuss. B) Hakan knew he was teetering over the edge and wanted to try and save his job with that message. C) Hakan truly resigned (couldn't handle the pressure, did not truly believe the company was viable etc. take your pick) but did not want to give any hint to his future plan to leave. D) Hakan knew he was being forced out but was still a nice guy with respect for Al and the company so didn't make a fuss and gave a positive interview. |
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Post by doctorgreenback on Nov 20, 2015 13:27:00 GMT -5
If Hakan resigned out of loyalty, then why didn't the PR thank him for his service?
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Post by jeremg on Nov 20, 2015 13:28:59 GMT -5
If Hakan resigned out of loyalty, then why didn't the PR thank him for his service? Good point, may indicate an internal struggle. If I were Al Mann I wouldn't be very happy to have lost half a billion under Hakan's reign, maybe Al finally had enough of his subpar effort and just blew a gasket(?). |
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Post by gamblerjag on Nov 20, 2015 13:34:34 GMT -5
IMO.that billion that was squandered under Hakan's rein was not due to MNKD not being able to sell Afrezza.. Since it wasn't in MNKD's control anyway... maybe the transperancy side of it came into play but if that is the case the price should rebound under Al. The only ones that will maybe were srewed by Hakan's tenure are longs that sold and shorts that will have to cover.
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Post by lakemann on Nov 20, 2015 13:43:46 GMT -5
I think today's market action has longs and shorts confused, as price has not shown disappointment or joy in mnkds news
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Post by jeremg on Nov 20, 2015 15:03:08 GMT -5
There is a major battle to keep it under $2.50 today with options expiry. It's to close right now and to easy for them to keep it a $0.01 under $2.50, I see it closing around $2.43-49 today.
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Post by sportsrancho on Nov 20, 2015 15:18:36 GMT -5
Does anyone find it odd that Hakan just last week had an article with the L.A times about how he saw the Co. through FDA approval... and now this... just seems odd if you knew your were on your way out whether forced or resigned.. it doesn't make sense.. why I don't know. Dead cat bounce:-) |
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Post by charlespk on Nov 20, 2015 15:43:32 GMT -5
Agree with sports , it does not make sense, unless he was totally blindsided with BOD decision .
it makes me think there is more to come than just a new CEO
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Post by garrett on Nov 20, 2015 15:58:39 GMT -5
If Hakan resigned out of loyalty, then why didn't the PR thank him for his service? Senior Executives (i.e. CEO's) that produce poor results are generally given the chance to resign or face termination. That's what clearly happen here! |
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Post by jeremg on Nov 20, 2015 16:00:51 GMT -5
Well what a coincidence, $2.47. The games are still in full swing.
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Post by bthomas55ep on Nov 20, 2015 16:09:35 GMT -5
He certainly could have done the LA Times Interview in good standing and then came into the 3Q CC and said, "we should have a TS Partnership signed by year-end, eh hem.... I mean by the end of the next quarter" and when with another breath he calls out potential partners and says, "call me, let's talk". As soon as the BoD members got back up off the floor, these statements coupled with the performance-to-date was the straw that broke the camel's back and they decided something needed to be done.
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