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Post by mssciguy on Dec 8, 2015 10:33:44 GMT -5
I think we deserve to hear something from the company, but don't want to harass the guy if someone else has called.
Did Al pull the plug here? Seriously, someone knows something and it ain't us
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Post by jacobjoshua29 on Dec 8, 2015 10:41:01 GMT -5
I tried calling, but could only leave a message.
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Post by mssciguy on Dec 8, 2015 10:41:48 GMT -5
I tried calling, but could only leave a message. thanks. Some on ymb posted his number earlier... poor guy. We are all suffering but at least he's getting paid for it.
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Post by silentknight on Dec 8, 2015 10:46:49 GMT -5
I haven't and I generally try not to bother him with my questions. I expect him to have better things to do than answer every retail investor's questions but I'd support anyone who felt the need to call. I can't help but think they're working to do something but it sure appears like they don't care as the PPS erodes further and further and there's no statement, action or visible effort on the part of MNKD to protect shareholder value. As things drift on day after day, it looks less and less like MNKD is the victim of circumstance and more and more like they're negligent in their duties to shareholders. You can't do nothing forever. It has to end at some point. We crossed the 52 week low today with no end in sight.
I take solace (albeit slight) in the facts that (i) Al's paper losses make mine minuscule in comparison and (ii) SNY is also approaching a 52 week low. To point (i) Al is 90 years old and may not care about his financial situation much anymore. I'm not that lucky. And to (ii), you'd think they're be some incentive on either of their parts to get things moving. I'm guessing SNY shareholders are wondering what is going on as well.
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Post by trondisc on Dec 8, 2015 10:49:18 GMT -5
Cannot BELIEVE we don't have more people freaking out on the overall MMB here @proboards. How can people be calm with just another same old same ole' -10% drop!?!
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Post by mssciguy on Dec 8, 2015 10:49:29 GMT -5
EYES isn't looking too good either. Is it possible that Al and Matt were too busy with too many things and dropped the retail shareholder ball?
We can only expect lawsuits now.
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Post by jeremg on Dec 8, 2015 10:51:17 GMT -5
Cannot BELIEVE we don't have more people freaking out on the overall MMB here @proboards. How can people be calm with just another same old same ole' -10% drop!?! Most have this amazing gift to be able to bury their head in the sand when times get rough, I'm really quite envious of this.
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Post by mssciguy on Dec 8, 2015 10:53:14 GMT -5
Cannot BELIEVE we don't have more people freaking out on the overall MMB here @proboards. How can people be calm with just another same old same ole' -10% drop!?! Most have this amazing gift to be bury the head in the sand when times get rough, I'm really quite envious of this. Is Al selling? No. Are institutions selling? No. Not as far as I can tell.
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Post by jeremg on Dec 8, 2015 11:10:00 GMT -5
mssciguy honestly that doesn't provide me a lot of solace as we sit here at new 52wk lows, I'm not really sure what institutions have in store for this and as far as Al... I think he's probably as lost as confused as we all are by this point (judging by the inaction and -5% per day).
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Post by dreamboatcruise on Dec 8, 2015 11:12:34 GMT -5
Freaking out to what end? I don't even entertain the idea that Matt would ever speak to me, so I'm certainly not going to waste my time trying to reach him. I'm not going to dump all my shares when there is no new business related info, simply because the share price is falling. I know all too well that this stock continues to be under heavy attack by shorts so no reason to believe this ugly movement has to indicate some dire info that I don't have.
Don't panic, just decide whether you plan to sell on price action alone, or if this is going to be a hold for you until there is some real clarity positive or negative. Sadly, we may well be in for a couple of months of no news. If you smart/lucky enough maybe one can time trading this with great benefit... selling now and buying back in at some future bottom. I know I lack the insight/luck to do that, so I'm just holding... pending some real business related info that would make me sell.
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Post by BlueCat on Dec 8, 2015 11:13:13 GMT -5
Cannot BELIEVE we don't have more people freaking out on the overall MMB here @proboards. How can people be calm with just another same old same ole' -10% drop!?! Let's call a spade a spade. Duck a duck or whatever. 1. Freakin out - go nowhere but needing particularized medicine in the emergency room. 2. Calling the SEC - many already been there, done that. Add more voice? I suppose can't hurt. 3. Calling Matt - debated here on potential return. he's heard it and sees it 4. Lawsuit - make things better, or worse? 5. Sell - see above. Ride it out or make the life-altering loss a reality? 6. Mitigate - move into IRA, etc. If it makes sense/applicable in your financial configuration. 7. Average down - if you actually still have powder, don't want to diversify more, and actually have that much conviction and potentially, time. Sometimes "head in sand" is actually doing one of the hardest things of all - nothing.
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Post by mssciguy on Dec 8, 2015 11:14:29 GMT -5
Freaking out to what end? I don't even entertain the idea that Matt would ever speak to me, so I'm certainly not going to waste my time trying to reach him. I'm not going to dump all my shares when there is no new business related info, simply because the share price is falling. I know all too well that this stock continues to be under heavy attack by shorts so no reason to believe this ugly movement has to indicate some dire info that I don't have. Don't panic, just decide whether you plan to sell on price action alone, or if this is going to be a hold for you until there is some real clarity positive or negative. Sadly, we may well be in for a couple of months of no news. If you smart/lucky enough maybe one can time trading this with great benefit... selling now and buying back in at some future bottom. I know I lack the insight/luck to do that, so I'm just holding... pending some real business related info that would make me sell. any news on the share lending front? Demand? Interest rate?
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Post by slugworth008 on Dec 8, 2015 11:16:37 GMT -5
My take is that MNKD investor relations phone(s) should be ringing constantly. IDK if it's harassment. Maybe knowing the natives are way past being restless would be a good thing. JMHO
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Post by BlueCat on Dec 8, 2015 11:22:03 GMT -5
My take is that MNKD investor relations phone(s) should be ringing constantly. IDK if it's harassment. Maybe knowing the natives are way past being restless would be a good thing. JMHO I think when the tute, red-bat phone rings, that one will get picked up by Alfred Pennyworth. Leverage is everything.
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Post by dreamboatcruise on Dec 8, 2015 11:24:49 GMT -5
Freaking out to what end? I don't even entertain the idea that Matt would ever speak to me, so I'm certainly not going to waste my time trying to reach him. I'm not going to dump all my shares when there is no new business related info, simply because the share price is falling. I know all too well that this stock continues to be under heavy attack by shorts so no reason to believe this ugly movement has to indicate some dire info that I don't have. Don't panic, just decide whether you plan to sell on price action alone, or if this is going to be a hold for you until there is some real clarity positive or negative. Sadly, we may well be in for a couple of months of no news. If you smart/lucky enough maybe one can time trading this with great benefit... selling now and buying back in at some future bottom. I know I lack the insight/luck to do that, so I'm just holding... pending some real business related info that would make me sell. any news on the share lending front? Demand? Interest rate? Still seems comparatively low demand for borrowing shares. Obviously short sellers are not the only ones selling... tax loss, freaked out longs ? ? ? institutions ? ? ? Something that always has baffled me is that MNKD goes to all those investor conferences. Why even bother with those if the strategy is to give no info that would be useful to convince potential investors this is a company worth investing in. Surely they are smart enough to realize where their story is lacking. Let's drop the charade and stop spending the money to go to those things if they have an intentional policy that they will do nothing regarding addressing business weaknesses.
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