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Post by mssciguy on Dec 7, 2015 15:48:00 GMT -5
My beef with management isn't over Afrezza- it's with not diluting in the summer (when they should have had a better feel for SNY's plan) and not having the foresight to see what's happening now. If they didn't have the money to fund another TS application launch, or there wasn't a partner waiting in the wings (although maybe there was?) they should have raised money when we were at our peak in summer. They should have known, or at the very least, planned on Afrezza not launching out of the gate. That they didn't is inexcusable. I don't give management any beef over Afrezza. I think the lack of success rests solely on SNY. I think MNKD has done everything in their power to support it. Agreed on your dilution points. On the Afrezza side, I don't take issue with the sales, only with their decision on the terms of the partnership they are now in with SNY. As others have posted, the contract heavily favors SNY in almost every aspect and we are now in a position where MNKD would be hard pressed to remedy perceived problem areas even if they wanted to. They are responsible for that. Obviously MNKD supports their product, but their hands are tied in what they can do for it, save manufacture it for SNY. Not a good position to be in when sales are bad and everything is perceived to be floundering as we see daily in the market action and supporting hit pieces. Hind sight is always 20/20, but I really wish I'd went short after the approval. Riding this from 11 to 1 and change, with a few stops in between to cover could have set me for life. I should have seen it too. MNKD is now SNY's Contract Manufacturing Organization. Not a lot of money in that. And the TS partnerships? "It takes time" is no excuse, that does not work, not when other companies have been us to the punch with leads. The one very valid point circulating on other boards is that company is run as a private organization. We capitalized a company that's not being managed like a publicly owned company. Not sure if I agree with this entirely but with respect to share price, for sure! Dropping 5% per day, GSCO will get their wish and nice holiday bonuses all around. The rest of us something very different. Okay, time to chill. It's just money, right? Especially when it's someone elses.
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Post by stevil on Dec 7, 2015 15:49:07 GMT -5
Persistence isn't a trait that can disappear.
Think about it. The moment it stops, it never existed. The very definition of persistence is sticking with something until you succeed or it goes FUBAR.
Just as you can't teach an old dog new tricks, a 90 year old man doesn't have a sudden change in personality barring disease to the brain.
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Post by rickf on Dec 7, 2015 15:52:11 GMT -5
God forbid that MNKD ever needed to dilute to raise $$$$ at these prices!! I also am VERY worried and have WAY too much invested in this!
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Post by mssciguy on Dec 7, 2015 15:55:01 GMT -5
Persistence isn't a trait that can disappear. Think about it. The moment it stops, it never existed. The very definition of persistence is sticking with something until you succeed or it goes FUBAR. Just as you can't teach an old dog new tricks, a 90 year old man doesn't have a sudden change in personality barring disease to the brain. or like the Germans say on their MNKD discussion board, hope dies last. Need more than hope.
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Post by silentknight on Dec 7, 2015 16:01:35 GMT -5
For Al and Matt's sake, they better turn it around before the annual shareholder's meeting. It will be brutal if they don't.
Wouldn't surprise me if they tried to cancel it if the stock is still in the toilet. Haha.
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Post by mssciguy on Dec 8, 2015 9:25:13 GMT -5
A lot of long-term 'shorts' on ymb salivating and waiting for $1.57 or so to go long. FWIW. Also bearish sentiment on ST at a high.
We are either very very close to bottom or it's all over.
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Post by novafett on Dec 8, 2015 9:29:59 GMT -5
New 52 week low coming up today. Mark my words
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Post by mssciguy on Dec 8, 2015 9:33:55 GMT -5
New 52 week low coming up today. Mark my words "pure torture" is how it's described elsewhere. Gut wrenching, pure torture. This will be an MBA case study of how not to make deals with 900 lb gorilla pharmas. A lot of little companies get screwed but this case is unique. Look on the bright side, this will have bottomed completely when the rest of the market and possibly the whole economy implodes. Things are not what they seem.
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Post by bullofwallstreet on Dec 8, 2015 9:50:38 GMT -5
well we can say 1.74 is the bottom until tomorrow sadly -_-, i can never figure out the bottom of this stock its just full of surprises
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Post by trondisc on Dec 8, 2015 10:18:02 GMT -5
Serious question...what the hell is going on here with the PPS? Afrezza/Technosphere may be a game changer for patients however I'm appalled the company may not release any news until later 2016. Someone say something helpful?
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Post by dreamboatcruise on Dec 8, 2015 10:26:45 GMT -5
Serious question...what the hell is going on here with the PPS? Afrezza/Technosphere may be a game changer for patients however I'm appalled the company may not release any news until later 2016. Someone say something helpful? Tax loss selling, no news, liquidity fears, no buyers...
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Post by mssciguy on Dec 8, 2015 10:29:35 GMT -5
Serious question...what the hell is going on here with the PPS? Afrezza/Technosphere may be a game changer for patients however I'm appalled the company may not release any news until later 2016. Someone say something helpful? Tax lose selling, no news, liquidity fears, no buyers... who would touch this? You can't draw a pencil line between 0 and the x-intercept of the six month chart. So controlled. Plenty of bonuses at GSCO, Greenhill and Renaissance. And sadly, probably at MNKD too.
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Post by bradleysbest on Dec 8, 2015 10:37:34 GMT -5
A lot of long-term 'shorts' on ymb salivating and waiting for $1.57 or so to go long. FWIW. Also bearish sentiment on ST at a high. We are either very very close to bottom or it's all over. They wont have to wait much longer....
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Post by kball on Dec 8, 2015 10:39:21 GMT -5
Time to lock the liquor cabinet and medicine chest. I may have to start rooting for THE RAPTURE
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Post by trondisc on Dec 8, 2015 10:40:22 GMT -5
How are my fellow Longs calm about today's company? Look at the damn share price. WTF is happening...
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