Post by mnkdmorelong on Jan 11, 2016 18:37:54 GMT -5
All the news that has flowed out of MNKD for the last 3 months has been negative. But it is the small stuff that provides keen insights.
In the post SNY termination cc, DeSisto was not to be found. I think that Insulet amped up the non-compete issue and DeSisto did not want to appear to cross the line lest he infuriate Insulet.
The offer of employment to DeSisto was withdrawn. Desisto never joined MNKD. He sat in Rhode Island.
Al Mann did not re-take the mace of power as CEO.
Matt Pfeiffer is the new CEO; They didn't even bring back Hakan even though he is still part of the company.
MNKD did not say a new CEO search would begin.
Reading these tea leaves is easy. MNKD is falling apart. They don't have any prospects. No plan. We will hear the "evaluating strategic alternatives" line again on Wednesday.
However, there is good news: MNKD stock did not go down today.
In the post SNY termination cc, DeSisto was not to be found. I think that Insulet amped up the non-compete issue and DeSisto did not want to appear to cross the line lest he infuriate Insulet.
The offer of employment to DeSisto was withdrawn. Desisto never joined MNKD. He sat in Rhode Island.
Al Mann did not re-take the mace of power as CEO.
Matt Pfeiffer is the new CEO; They didn't even bring back Hakan even though he is still part of the company.
MNKD did not say a new CEO search would begin.
Reading these tea leaves is easy. MNKD is falling apart. They don't have any prospects. No plan. We will hear the "evaluating strategic alternatives" line again on Wednesday.
However, there is good news: MNKD stock did not go down today.
