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Post by BlueCat on Nov 21, 2015 13:54:55 GMT -5
One thing is for certain - This Friday certainly did mark a major turning point for MannKind.
For those that have been here a while, even those that have capitulated and sold out - let's hope its for the best.
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Post by benyiju on Nov 21, 2015 14:06:58 GMT -5
I would guess it's for the best long-term, but short term is another matter. Next week looks to be ugly.
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Post by slugworth008 on Nov 21, 2015 15:19:11 GMT -5
benyijuSadly I must agree with you. And great point on "tax loss selling" plenty of losses for MNKD shareholders to reap if they so choose. I have a core position that I'm holding and that I'd like to add to as cheaply as possible. Perhaps my mulah is better placed in RLYP. Will see what the action looks like Mon/Tue but with my luck unexpected good news will appear before I add. LOL (Of course not much good news since Adcom - but we are due)
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Post by lipripr on Nov 21, 2015 21:36:31 GMT -5
dreamboatcruise All that I can say is the insurance industry is doing GREAT these days. Why? Because they are putting profitability first and have the Obamacare bump to the whole medical industry figured out (for the most part). By now, enough data has streamed into insurance industry computers, not to mention, into endocrinologist's observations and sharing, regarding superior health outcomes due to Afrezza that we should see a big uptick in coverage. Seriously, if a $12,000 cholesterol treatment can get covered, Afrezza will get covered. That's my story and I'm sticking to it. Trust me on this: Until I put a lot of money into this stock early in this year, I was doing so good daytrading ETFs... now the money is captive for a long haul. I'll stick with it, and in fact think that everyone who has worked at MNKD deserves applause for sticking in there during some scary times ("crime scene" was used as a description of the stock price action due to hit pieces--- thanks for that..) We're now in the open enrollment period. Does anyone have any sense of what percentage of insureds the providers typically lose to a competitor each year? Is it possible that the turnover is high enough to outweigh the potential benefits of Afrezza that might show up down the road in lower payouts?
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Post by mnkdorbust on Nov 22, 2015 20:43:39 GMT -5
MNKD up 11% on TASE for Sunday trading.
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Post by Deleted on Nov 22, 2015 20:48:49 GMT -5
MNKD up 11% on TASE for Sunday trading. whats the us$ equivalent closing price please?
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Post by mbseeking on Nov 22, 2015 21:09:35 GMT -5
Exchange rate is about 3.89 (on yahoo search for USDILS=x). Puts it on TASE at about the same as the last closing on NASDAQ
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Post by Deleted on Nov 22, 2015 21:14:46 GMT -5
Exchange rate is about 3.89 (on yahoo search for USDILS=x). Puts it on TASE at about the same as the last closing on NASDAQ i was wishing the OP would have replied - so that he/she would have noticed that and not just 11% lol
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Post by mnkdorbust on Nov 22, 2015 21:39:13 GMT -5
Sorry i didn't do the calc. I was just noting that it was up but i guess as you pointed out pretty much same as where we stand in the US.
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Post by benyiju on Nov 22, 2015 23:03:26 GMT -5
Isn't this what we would expect for a secondary listing without news to move it? TASE was down so much on Thursday because it closed just after the news about the Hakansack came out, that's why the 11% jump today as it caught up with NASDAQ Friday moves. In general I would think the TASE listing is not going to move much out of the range of the previous NASDAQ closing (or in TASE's last hour, the current price) unless there is news. Watching the TASE action is about as interesting and informative as watching the Frankfurt action, i.e. it's a waste of time.
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Post by jeremg on Nov 22, 2015 23:35:16 GMT -5
Tomorrow's action could go either way, I'm happy with Hakan leaving as it signals action and signs of life in the wheelhouse, the market may see it the same way. I still don't entirely understand how the TASE price action plays into the NASDAQ price action or whether the TASE is just a reflection of the NASDAQ; this 11% today on the TASE could set the tone for tommorrow or mean nothing at all if it was just some reflexive action from last week's trading.
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Post by babaoriley on Nov 23, 2015 1:35:11 GMT -5
Tomorrow's action could go either way, I'm happy with Hakan leaving as it signals action and signs of life in the wheelhouse, the market may see it the same way. I still don't entirely understand how the TASE price action plays into the NASDAQ price action or whether the TASE is just a reflection of the NASDAQ; this 11% today on the TASE could set the tone for tommorrow or mean nothing at all if it was just some reflexive action from last week's trading. jeremg, I think you've nailed the stock action, not only for tomorrow, but for the next three or four years!
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Post by jeremg on Nov 23, 2015 11:14:34 GMT -5
Tomorrow's action could go either way, I'm happy with Hakan leaving as it signals action and signs of life in the wheelhouse, the market may see it the same way. I still don't entirely understand how the TASE price action plays into the NASDAQ price action or whether the TASE is just a reflection of the NASDAQ; this 11% today on the TASE could set the tone for tommorrow or mean nothing at all if it was just some reflexive action from last week's trading. jeremg, I think you've nailed the stock action, not only for tomorrow, but for the next three or four years! Let me do some calculations: -5-6% per day over the next 3-4yrs.... equals, not lasting 3-4yrs, at least at $2.29 we can only lose a maximum value of $2.29 - the bright side.
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