technicals vs earnings

[mnkdnewb]

Please excuse me if this has been discussed before.  Serious replies only, please.

Currently, technicals say this is low and may start moving up soon - and Q2 "earnings" will be released monday.

i had my finger over the sell button yesterday and today which would mean a loss of about $65,000 for me. I can suck it up, but it will really hurt.  Every $1,000 would help right now...

How do you think the earnings call will go on monday?  Personally, i don't see how there can be any new positive announcements which to me would indicate the sp going lower - and possibly significantly lower.  However, i could not have been more wrong the entire time i've owned this stock and am looking for advice from you on what to do. Should i sell or hang on a few more weeks / months / years?  If i sell now, do you think i could buy back in lower soon???  i know that is the million $$ question, but i need help... please!

P.S. - yes, this completely goes again my last post of "new optimism" lol i am so tired of holding this, but its been 9 months or so already, so whats another...  Oh yea, and please, don't worry about my health - i care more about making a good financial decision right now than my health  

Thank you in advance!

[saxcmann]

Make or break time for mnkd. Next 3-4 months very telling. Im holding. Really comes down to scripts unless unexpected news. I don't think sp moves much until we get trend up or down. To early to bail in my opinion. Check back late September early October then decide.

[mnkdnewb]

agreed this is make or break time.  THIS IS NOT FUD - i just can't get the $0.15 consensus out of my head and thinking what if they are right.

[Deleted]

Every call ends in a share price drop. I would not expect much on this call besides that they are following thru on their plan.

[avichen]

It's not advisable to ask for any advise on an open forum like this.
IMHO, it depends on what your investment purpose is.
If your purpose is to make profit, I suggest you to talk to a proper adviser
To be honest, MNKD isn't in good financial shape, it is an extremely high risk investment if your purpose is for profit.

For some of the higher purpose driven investors, where their purpose of investment is to have the product grow and be distributed,
they may hold MNKD as long as it doesn't go bk, or will hold it until bk. Mainly investors who are diabetes patients are in this category.

Therefore, you have to ask yourself, to understand what you want to achieve.
Then, you may be able to decide...

[mnkdnewb]

thank you.  i agree and do use my own discretion, but value others opinions, too.  Something i should have done more of in the past.  

Do you trade this stock or hold it long term?

[LosingMyBullishness]

>"i am so tired of holding this, but its been 9 months or so already.."

Welcome to the club. I bought my first share Jan 2014 and I also bought some more at $ 9.xx. After some time as a long-term inmate you start to get used to the frustration and rather enjoy the daily routine. We have Peppy with the weather forecast,  a "lighter side" section and once in a while a celebrity like Mike C who comes for a visit.

[centralcoastinvestor]

Aug 5, 2016 11:10:27 GMT -5 mnkdnewb said:

Please excuse me if this has been discussed before.  Serious replies only, please.

Currently, technicals say this is low and may start moving up soon - and Q2 "earnings" will be released monday.

i had my finger over the sell button yesterday and today which would mean a loss of about $65,000 for me. I can suck it up, but it will really hurt.  Every $1,000 would help right now...

How do you think the earnings call will go on monday?  Personally, i don't see how there can be any new positive announcements which to me would indicate the sp going lower - and possibly significantly lower.  However, i could not have been more wrong the entire time i've owned this stock and am looking for advice from you on what to do. Should i sell or hang on a few more weeks / months / years?  If i sell now, do you think i could buy back in lower soon???  i know that is the million $$ question, but i need help... please!

P.S. - yes, this completely goes again my last post of "new optimism" lol i am so tired of holding this, but its been 9 months or so already, so whats another...  Oh yea, and please, don't worry about my health - i care more about making a good financial decision right now than my health  

Thank you in advance!

I have owned this stock since 2007.  My current losses are not as severe as yours.  But painful as well.  I figure this is a once in a lifetime investment opportunity that is extremely high risk.  If MannKind survives, we all look like geniuses.  If it goes bankrupt, we all took a chance on what should have been a paradigm shifting diabetes drug.  I'm staying fully invested until the game is over.  We will know a lot more by December 2016.  

[mnkdnewb]

that is what i am really struggling with - will it survive or bk???  It seems the market doesn't really know either which is why we are stuck at $1...

[mnkdnewb]

Aug 5, 2016 12:16:04 GMT -5 LosingMyBullishness said:

>"i am so tired of holding this, but its been 9 months or so already.."

Welcome to the club. I bought my first share Jan 2014 and I also bought some more at $ 9.xx. After some time as a long-term inmate you start to get used to the frustration and rather enjoy the daily routine. We have Peppy with the weather forecast,  a "lighter side" section and once in a while a celebrity like Mike C who comes for a visit.

i think i'd be enjoying it more if i didn't foolishly over extend myself.  If it all goes away, then it cost me a few years of savings.  Sucks bad, but i have learned a lot from this decision.  "The Lord gives, and the Lord takes away.  Blessed be the name of the Lord!"

[LosingMyBullishness]

Aug 5, 2016 12:25:07 GMT -5 mnkdnewb said:

Aug 5, 2016 12:16:04 GMT -5 LosingMyBullishness said:

>"i am so tired of holding this, but its been 9 months or so already.."

Welcome to the club. I bought my first share Jan 2014 and I also bought some more at $ 9.xx. After some time as a long-term inmate you start to get used to the frustration and rather enjoy the daily routine. We have Peppy with the weather forecast,  a "lighter side" section and once in a while a celebrity like Mike C who comes for a visit.

i think i'd be enjoying it more if i didn't foolishly over extend myself.  If it all goes away, then it cost me a few years of savings.  Sucks bad, but i have learned a lot from this decision.  "The Lord gives, and the Lord takes away.  Blessed be the name of the Lord!"

Guess, this is also a valid investment thesis.

[als57]

We are stuck at this abismal price only because of concerted effort by manipulators on WS.  A number of reputable institutions continue to hold, regardless of Goldman Sacks blather of$0.15.  So with GS holding in excess of 5 mil shares do they have an agenda?

[wsulylecoug]

Been following the MNKD story for several years, but lucky didn't buy in until recently. I feel for all of the longs and want to share a story about another stock...maybe you've heard of it AMRN.

AMRN has had a very similar story and path of MNKD. I was an early buyer and have been sitting on a 5 digit loss for a long time, much like many MNKD longs. I continue to hold AMRN and after several years of patience and finger-crossing, it is finally coming out of the fog. Finger-crossing isn't a good investment strategy of course, but the early confidence I had in the product was shaken after several negative events soon after FDA approval. AMRN may still be over a year away from getting me back to even or more but the story of what it can to for high TG patients hasn't changed...potential blockbuster.

OK...I'm not here to promote AMRN, so enough about it. The MNKD story has many parallels to AMRN and I believe faced many similar challenges including manipulation along the way. A similarity that sticks out to me is the "Going It Alone" marketing strategy. AMRN choose to GIA, MNKD had it somewhat forced upon them. The moral of the story for me is this...I believe MNKD has a product that will eventually "break on through to the other side" smelling like roses after being drug through the poo. The manipulation will eventually go away, albeit slowly, the scripts will eventually grow, albeit slowly, and the turn around will be epic. I experienced many of the same "feelings" about AMRN that I often read about on this board and I encourage those who are frustrated to think about what originally got them into the stock. The story is the same, a product that can change the lives of many diabetics...potential blockbuster.

There are certainly some risks that are difficult to ignore, but at this point, I believe the right people are in the right positions and they will get this drug to market as efficiently and effectively as possible.

.02 cents worth.

[mnkdnewb]

Aug 5, 2016 13:24:25 GMT -5 wsulylecoug said:

Been following the MNKD story for several years, but lucky didn't buy in until recently. I feel for all of the longs and want to share a story about another stock...maybe you've heard of it AMRN.

AMRN has had a very similar story and path of MNKD. I was an early buyer and have been sitting on a 5 digit loss for a long time, much like many MNKD longs. I continue to hold AMRN and after several years of patience and finger-crossing, it is finally coming out of the fog. Finger-crossing isn't a good investment strategy of course, but the early confidence I had in the product was shaken after several negative events soon after FDA approval. AMRN may still be over a year away from getting me back to even or more but the story of what it can to for high TG patients hasn't changed...potential blockbuster.

OK...I'm not here to promote AMRN, so enough about it. The MNKD story has many parallels to AMRN and I believe faced many similar challenges including manipulation along the way. A similarity that sticks out to me is the "Going It Alone" marketing strategy. AMRN choose to GIA, MNKD had it somewhat forced upon them. The moral of the story for me is this...I believe MNKD has a product that will eventually "break on through to the other side" smelling like roses after being drug through the poo. The manipulation will eventually go away, albeit slowly, the scripts will eventually grow, albeit slowly, and the turn around will be epic. I experienced many of the same "feelings" about AMRN that I often read about on this board and I encourage those who are frustrated to think about what originally got them into the stock. The story is the same, a product that can change the lives of many diabetics...potential blockbuster.

There are certainly some risks that are difficult to ignore, but at this point, I believe the right people are in the right positions and they will get this drug to market as efficiently and effectively as possible.

.02 cents worth.


Thank you for sharing.  Unfortunately, what originally got me into the stock was Sanofi - i was sure they would stay and thought everyone who said they were leaving and couldn't sell it were crazy a-hole shorts trying to get people to sell...  

[agedhippie]

Aug 5, 2016 12:32:14 GMT -5 als57 said:

We are stuck at this abismal price only because of concerted effort by manipulators on WS.  A number of reputable institutions continue to hold, regardless of Goldman Sacks blather of$0.15.  So with GS holding in excess of 5 mil shares do they have an agenda?

No, We are stuck at this price because there is no reason for the price to move. Nor do I think there will be reason after the call as I cannot see anything material they can announce that would move the market.

As to GS and institutional holding you might want to read some of the earlier threads where the rationale for holding was covered in some depth - suffice it to say a lot of those holdings are non-discretionary.