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Post by dreamboatcruise on Dec 10, 2015 1:31:20 GMT -5
robsacher ... just to be clear on your strategy. Are you confident that the stock will not go significantly lower than where we are today, potentially with the catalyst of needing to raise more money through a market secondary... or is the strategy simply in knowing that you have enough money relative to the current size of your position that even if it is significantly lower perhaps with a lot of dilution you can put in more to maintain or increase your relative share? I think many of us are simply tapped out in our ability to constantly try to average down. I'm of the camp, as are several I think that don't necessarily sound super optimistic, that Afrezza will succeed... just uncertain how nasty the PPS will be before then and how much dilution might occur. I know there are two theories regarding why dilution isn't a significant worry... 1) MNKD actually raised money using ATM at better valuation and just haven't told us about it. 2) A TS deal comes through with upfront money Certainly either of those would be a nice positive at this point and help us find a floor. Maybe today is a floor since we've basically been driven back to our all time low? No, I think the stock can certainly continue to go lower for awhile. And, yes, as the share price falls I can add more shares to my position. But, my investment is not for today or tomorrow. My investment is for 2017 or 2018. And, I have no fear that the company will ever run out of money. Since I firmly believe that Afrezza will be very successful, adding shares at any price under $2 is very attractive to me. That seems like a significant change in assessment if you now would question whether it would be worth adding above $2. I was telling people it was worth buying far far higher than $2 and I was quite wrong, because I certainly was not warning about the risk of VERY significant price decline before a potential upturn. So if you recommend buying here, where do you feel we might see a bottom?
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Post by dreamboatcruise on Dec 10, 2015 1:45:37 GMT -5
I'm with ya fellas. Hero or zero, I'm all in. I'm certainly with you... I've probably invested 5x more than any other stock I've owned, so this is certainly as "all in" as I've ever been. Also, all in because unlike others I can't keep doubling down, because this already represents a rather large chunk of net worth. Certainly for those where this isn't a large part of their net worth and they can continue to make significant new purchases things would be less stressful. For those of us "all in" it is stressful seeing prices continue to decline because despite all of us having faith Afrezza will eventually be successful, we don't all have resources to continue to up the ante if further shares are issued at these rather depressed prices. So to all those who are truly in the "hero or zero" position, I admire you for keeping your cool and being civil, that isn't an easy position to be in... and I know there a quite a few long term posters that have truly made significant investments.
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Post by mssciguy on Dec 10, 2015 12:26:59 GMT -5
@reverselo I won't put you on ignore, but I won't read your posts either.
You are wasting our time. Please stop.
Life is very short and you probably don't know that the moderators here have busy lives and better things to do than deal with you.
Please, try meditation, just calm your anxiety, we all have it lately, thanks to GSCO and the "hedgies"
Need to put a very hefty tax on those scoundrels
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Post by Deleted on Dec 10, 2015 12:34:48 GMT -5
@reverselo I won't put you on ignore, but I won't read your posts either. You are wasting our time. Please stop. Life is very short and you probably don't know that the moderators here have busy lives and better things to do than deal with you. Please, try meditation, just calm your anxiety, we all have it lately, thanks to GSCO and the "hedgies" Need to put a very hefty tax on those scoundrels Sorry I embrace being confrontational.
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Post by mssciguy on Dec 10, 2015 12:39:13 GMT -5
@reverselo I respect your pointing out that we have imposters here from ymb. Not sure how to deal with that at the moment.
Just stay on topic. A$$holes are everywhere. You never know, even Shrkeli is probably posting here...
Stay on topic and everything is cool.
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Post by robsacher on Dec 10, 2015 20:53:50 GMT -5
No, I think the stock can certainly continue to go lower for awhile. And, yes, as the share price falls I can add more shares to my position. But, my investment is not for today or tomorrow. My investment is for 2017 or 2018. And, I have no fear that the company will ever run out of money. Since I firmly believe that Afrezza will be very successful, adding shares at any price under $2 is very attractive to me. That seems like a significant change in assessment if you now would question whether it would be worth adding above $2. I was telling people it was worth buying far far higher than $2 and I was quite wrong, because I certainly was not warning about the risk of VERY significant price decline before a potential upturn. So if you recommend buying here, where do you feel we might see a bottom? Please do not misinterpret what I wrote. I never said that I would question adding more shares above $2. You said that. From where we are now, what I am saying is that adding shares is what I am doing. When MNKD gets above $2 again, I will see where we are at that time. Obviously, there has been a tremendous short raid and attendant retail sell off. I have no idea where the bottom is. All I can say is that I firmly believe in the eventual success of the technology, Afrezza, and MannKind.
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Post by robsacher on Dec 11, 2015 10:31:05 GMT -5
Something else that occurred to me is that even if MNKD eventually only gets back to $3 or $4 per share, from where it is now we could enjoy 100% gains. That's what I had in mind. But, that does not mean that I do not think that MNKD could trade higher. I hope that clears up any misunderstanding.
RS
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Post by Deleted on Dec 11, 2015 10:38:44 GMT -5
Something else that occurred to me is that even if MNKD eventually only gets back to $3 or $4 per share, from where it is now we could enjoy 100% gains. That's what I had in mind. But, that does not mean that I do not think that MNKD could trade higher. I hope that clears up any misunderstanding. RS If I learned anything from this stock its to SLOWLY build a position and to be more patient.
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