I'm out of my league here but this is my favorite board

[lynn]

I first want to acknowledge all of the posters on this board , I don't even feel worthy of posting here as I am so green ? you all are the main reason I decided to invest in Mannkind this past Dec , my first real investment & in a Biotec ?? Am I crazy ? I'm starting to question that ! I've made the mistake of falling in love with this company ( the cardinal sin of investments right ?! )I've read everything ( 3 message boards , articles ect since then , probably averaging several hours a day ) I am a forward thinker , the FDA ?? I have my doubts .. I've been lucky in Life when the odds have been against me , I hope it will play out in this as well , but have my doubts as nothing comes easy , until I see that you all are unloading , I'm hanging in there , I'm not loaded up like some of you & am not foolish enough to risk more than I can afford to lose but it'd still be painful .. I contemplated selling Friday as it was the first day I was down ( got in around $5) but decided we are so close my gutt says hang on & hang on tight bc it's not going to be fun , I work in healthcare & have discovered a previously untapped passion for investing , I have mentors who've been on this ride before , we're all scared !! It's human nature, it's palpable at this point .. Anyways, my point is .. I'm so intimidated by you all bc your intellect is so far above mine in this realm, I think Monday will be painful, too many opportunities to feed the fear , Tuesday , I'm aware trading is halted , so unless I hear you all say jump ship , or read a respectable article expressing the same I'm holding on tight ! But not without anxiety ?I know we've known this for a while but Why will Al Mann not be present on his day of reckoning ?? I know his whole bio , he seems to be in good health , so why wouldn't he be there in person to defend what's been his baby for 10 years ?? I can't believe I'm doing this & I have thick skin so can take some heat for what may come across to you all as ignorance , I believe I've done my DD & being a woman who's lived on her own since the age of 16 & built a successful life for myself ( a happy one at that ?) I felt compelled to start this thread but honestly you all scare me due to the respect I have ! Spiro, Ashwi (sp?) silent bob , Stevie ray , Laine & on & on , Sincere Thanks to You All !! I apologize for any misspelling of names , this was spontaneous on my part , must be due to the rocking & rolling we've been feeling in So Cal
This will be my only Biotec ( beside Arena , as I think that will be my new savings account ) wow ! I can't believe I'm doing this !!

[lynn]

Sorry but my faces did look as I saw , what I feel is lots of frustration , some fear that I anticipate increasing & smiles , Only God knows why for those ! ,)

[liane]

Hi lynn,

Welcome to the board. Please don't feel intimidated by anyone here. We come from all different walks of life and contribute to this board in our unique ways. Investing in a small biotech approaching a binary event is a gut wrenching proposition. It can be "all or nothing". So as you've heard at least a thousand times - only invest what you can afford to lose. Though I personally feel Afrezza will get approved, I am prepared for a delay or another CRL (God forbid). People take varying approaches to deal with the uncertainty. Some sell prior to any event and buy back in after. Some hedge with options or buy protective puts. And some simply go naked and let the chips fall where they may. The bottom line is that you alone can determine your risk tolerance. You can read all the message boards you want, but don't rely on a change in the sentiment of posters to affect your investment decision. You sound like a strong lady; be strong here. Prepare for the worst case scenario, and be happy if things go well. In my mind, worst case - another CRL, pps goes to $1, 3 more years of studies, more dilution, possible buyout by BP for pennies on the dollar, Al takes this to a 3rd world country... The company does NOT go to zero. The Technosphere platform itself has value. GLTY!

[lynn]

Liane , Thank You for taking the time to respond Your worst case scenario mirrors mine ( technosphere in it's self , as well as all the patents , has a value ) so I suppose I've learned something on this journey , With much respect I honestly don't know how you guys & gals can handle this ride for years ./ but it's too close to the finish line now to bail . I'm not sure that I can delete this thread but if you can that'd be great so we can focus in the more educated posts here . I will say that I'm still optimistic re: approval as well , as far as drugs go , I just watch an ad & it makes me cringe how the AE are worse than the benefit of most drugs. The politics are what ultimately scare me . Look at Zohydro , there's a great documentary out called "American Addict" that delves into the FDA /BP "relationship" , it opened my eyes , at this point in 2 days we'll have a pretty good idea either way ./ but if you haven't seen it's a worth watch .It won't make you feel warm and fuzzy though ./
GLTA

[liane]

Hi lynn,

Thanks for your reply. I prefer not to delete this thread - it actually is a good exchange. What I will do is lock it so there will be no further replies to it and it will fall out of focus.