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Post by hawaiiguy42 on Feb 3, 2016 22:05:19 GMT -5
Today's CC, why do so many people make something out of nothing, both Longs and Shorts. Shorts keep stating BK... BK... BK... BK! Longs keep saying Google/Microsoft... yada... yada... yada. Bottom line is (and I stated this before), this time I totally agree with Matt's (so called silence/being vague) and with good reason. Look at all the speculation that is being prompted both Longs/Shorts and now Institutional Investment Firms.
Again, I'll bet every last share I have and own, it's all about the "Element of Surprise." No pump, no bump, just taking a very deep look into the entire situation. Everyone "must" keep in mind, Matt has to be very... very... very careful to what he can say and not say, were treading on water.
So, the bottom line is... let the cards fall where they may, will all know soon enough, 6 months or less. Either it will be the "Element of Surprise" or Bankruptcy... choose your poison.
I can tell you this, I'm still adding to my position because I firmly believe we will hear some stunning news.
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Post by patten1962 on Feb 3, 2016 22:40:31 GMT -5
Today's CC, why do so many people make something out of nothing, both Longs and Shorts. Shorts keep stating BK... BK... BK... BK! Longs keep saying Google/Microsoft... yada... yada... yada. Bottom line is (and I stated this before), this time I totally agree with Matt's (so called silence/being vague) and with good reason. Look at all the speculation that is being prompted both Longs/Shorts and now Institutional Investment Firms. Again, I'll bet every last share I have and own, it's all about the "Element of Surprise." No pump, no bump, just taking a very deep look into the entire situation. Everyone "must" keep in mind, Matt has to be very... very... very careful to what he can say and not say, were treading on water. So, the bottom line is... let the cards fall where they may, will all know soon enough, 6 months or less. Either it will be the "Element of Surprise" or Bankruptcy... choose your poison. I can tell you this, I'm still adding to my position because I firmly believe we will hear some stunning news. Very well said. I will also add more. Just can't tell the wife!  |
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Post by mnkdfann on Feb 3, 2016 22:47:23 GMT -5
Today's CC, why do so many people make something out of nothing, both Longs and Shorts. Shorts keep stating BK... BK... BK... BK! Longs keep saying Google/Microsoft... yada... yada... yada. Bottom line is (and I stated this before), this time I totally agree with Matt's (so called silence/being vague) and with good reason. Look at all the speculation that is being prompted both Longs/Shorts and now Institutional Investment Firms. Again, I'll bet every last share I have and own, it's all about the "Element of Surprise." No pump, no bump, just taking a very deep look into the entire situation. Everyone "must" keep in mind, Matt has to be very... very... very careful to what he can say and not say, were treading on water. So, the bottom line is... let the cards fall where they may, will all know soon enough, 6 months or less. Either it will be the "Element of Surprise" or Bankruptcy... choose your poison. I can tell you this, I'm still adding to my position because I firmly believe we will hear some stunning news. Very well said. I will also add more. Just can't tell the wife! You tasted easy profits when the share price soared so soon after your first purchase a couple of weeks ago. That sweet taste was oh so fleeting, but it is sucking you into buying more shares now as the price declines. In the hope of recapturing that first sweet taste. Common MNKD rookie mistake.  |
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Post by patten1962 on Feb 3, 2016 22:50:34 GMT -5
Very well said. I will also add more. Just can't tell the wife! You tasted easy profits when the share price soared so soon after your first purchase a couple of weeks ago. That sweet taste was oh so fleeting, but it is sucking you into buying more shares now as the price declines. In the hope of recapturing that first sweet taste. Common MNKD rookie mistake. Very true. Tomorrow will be interesting. See if people buy back . Should open lower with bad after hours. Just not sure of my target price.. |
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Post by kc on Feb 3, 2016 23:12:49 GMT -5
 It's not over until April 5th 2016 |
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Post by Deleted on Feb 3, 2016 23:25:24 GMT -5
It's not over until April 5th 2016 They are not handing over anything April 5th. It will be July just like its always been |
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Post by tayl5 on Feb 4, 2016 0:01:17 GMT -5
You tasted easy profits when the share price soared so soon after your first purchase a couple of weeks ago. That sweet taste was oh so fleeting, but it is sucking you into buying more shares now as the price declines. In the hope of recapturing that first sweet taste. Common MNKD rookie mistake. Very true. Tomorrow will be interesting. See if people buy back . Should open lower with bad after hours. Just not sure of my target price.. It seems like, across the board, the only thing that moves a biotech stock price upward is the possibility of a near-term acquisition. In this environment, the main weapon we have is patience. Of course, patience leading to bankruptcy is a fail, but anything else is a win. |
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Post by hawaiiguy42 on Feb 4, 2016 0:17:05 GMT -5
Well all I can say is, this is no Slot Machine nor is a Lottery Ticket, it's an investment... plain and simple. Either you believe in it or you don't, that is both Afrezza and TS to include Mannkind. Millionaires and Billionaires surround themselves with the same, Al did not spend his whole life, his whole life's savings, and a good part of his life to let it all waste away. Al maybe older than most of us, but he's no fool.
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Post by myocat on Feb 4, 2016 0:25:15 GMT -5
Very true. Tomorrow will be interesting. See if people buy back . Should open lower with bad after hours. Just not sure of my target price.. It seems like, across the board, the only thing that moves a biotech stock price upward is the possibility of a near-term acquisition. In this environment, the main weapon we have is patience. Of course, patience leading to bankruptcy is a fail, but anything else is a win. I heard a lot of folks keep comparing MNKD to DNDN failure. DNDN's Provenge is an extremely expensive drug and there are only a handful of cancer patients. Afrezza is an alternative and effective type 2 diabetic treatment that failed to launch. It has not scratch the markets let alone markets penetration. Big pharms in the diabetic market all know that. My bet is a takeover by other company before BK would happen. |
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Post by matt on Feb 5, 2016 7:46:01 GMT -5
Price was not Provenge's problem, nor was there a lack of market. It was complicated to use and was only on the market a short time before J&J introduced a pill that worked about as well, and a second pill entered about a year after that, both priced about where Provenge was priced (cancer drugs cost a boatload).
I think what Hawaiiguy is alluding to, which I agree with, is that MNKD has come down to a binary opportunity. There is no middle ground where MNKD does kind of OK; either it recovers based on the Afrezza product and the technologies in its portfolio, or else it goes BK. The thing to keep in mind is that there are financial portfolio management strategies that let you make money either way, albeit not as much as a purely naked position betting on the correct outcome. Go ahead and take your favorite bet, whether up or down, but then buy some options to protect your downside so that if you guess wrong, you lose a lot less. Yes, there is a cost to the option if you don't use it but it is less than the cost of having 100% of your bet wiped out by an incorrect guess. Remember the market doesn't compensate you for taking financial risks that you could have hedged.
Several people have asked me if I am long or short. I am neither. I think the smart way to play this is to take an option straddle (depending on the price of the securities) around announcement dates. If the price moves in response to an unexpected announcement, whether good or bad, you make money on the position. The losing trade is if the price does not move at all in which case both the options expire worthless, but with a stock this volatile that is unlikely to happen with any form of unexpected news.
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Post by kball on Feb 5, 2016 8:37:39 GMT -5
Well, she may not be singing yet...but i just saw her getting into the shower.
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