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Post by spiro on Mar 26, 2014 15:26:45 GMT -5
Make no mistake about it, owning MNKD is no picnic. Evidently, I am an investment coward, because I kept away from my computer all day. The expression no pain, no gain is perfect for MNKD longs. They say, One must be willing to endure some inconvenience or discomfort in order to achieve worthwhile goals. Wow, is that ever true, the shorts are a royal pain in the ass. So here we go again, the main event is tuesday. All the facts and evidence, overwhelming support FDA approval with a strong label, but somehow the shorts are temporarily winning the price battle. All I can say is, let them go for it. I refuse to sell one share at these prices. I am fully prepared to go down with the ship, I just hope it's not burning and become a rocket ship to hell. I am working on a contingency plan. i am going to barricade myself in the den next tuesday. I will need to pile sand bags up to the ceiling. This should keep me safe from my wife for a while, if things go array.
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Post by biotec on Mar 26, 2014 15:48:55 GMT -5
Yep, We got hit hard today. If someone told me last year we would be in the mid/low 5's 19 days from pdufa, I would of called you a nut job. Can't wait to see the shorts get burned.
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Post by mrhaigs on Mar 26, 2014 17:07:06 GMT -5
My short term concern is that we get beat down so much these next few days that any pop from adcom will take us right back to where we are today. Just the panic in my talking. Better posting about it than selling. Carry on.
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Post by indigodaisy on Mar 26, 2014 20:43:01 GMT -5
I have to believe that everyone on the panel is a professional who will vote with their conscience. So many diabetics are depending on this product to be approved, and I see no reason at all for them to deny this alternative treatment that could potentially save lives. There are zero safety issues and all studies show this to be a superior product.
Days like these are tough, to see how such an amazing product can be manipulated so by people who don't care at all about how it can literally change and save lives.
At the end of the day, they will have to approve. I just don't see it happening any other way no matter what they say.
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Post by rtccpa on Mar 26, 2014 21:13:36 GMT -5
I have to believe that everyone on the panel is a professional who will vote with their conscience. So many diabetics are depending on this product to be approved, and I see no reason at all for them to deny this alternative treatment that could potentially save lives. There are zero safety issues and all studies show this to be a superior product. Days like these are tough, to see how such an amazing product can be manipulated so by people who don't care at all about how it can literally change and save lives. At the end of the day, they will have to approve. I just don't see it happening any other way no matter what they say. My big concern at this point, is at the conclusion of the Adcom meeting, the committee having a "Lieutenant Columbo'"moment: FDA chair - "I want to thank the committee for today's meeting. We are quite impressed with the benefits of Afrezza, and look forward to the day that this will be available to all the suffering diabetics in the nation. There's just one more little thing that bothers me............" |
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Post by babaoriley on Mar 26, 2014 22:50:55 GMT -5
That scares everyone, rtccpa. But one thing doesn't scare me, is this price action - it has 100% nothing to do with our chances on Tuesday or with the FDA subsequently - NOTHING. It just messes with our trading plans.
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Post by jpg on Mar 27, 2014 11:20:11 GMT -5
This price action is a simple way by day traders, market makers and option sellers of pulling money out of easy to pick pockets. Nothing more. As you say: Not related in any way to what will be the share price outcome after the panel and FDA approval.
JPG
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