Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 26, 2016 10:24:15 GMT -5
They are buying the stock in hopes others will buy in to. Increase the pps, improve the sentiment but only retail is buying into this idea. You think I'm crazy but your comment really shows how disconnected you are from what is really going on.
|
|
|
Post by garrett on Aug 26, 2016 10:28:11 GMT -5
See Mike C. bought another wad of shares. You have to admire the man, " he has a set of "horn rimmed gonads!" Maybe he's moving to force a buyout with himself in charge! He likely had to break his Piggy Bank to buy these shares. Or at least go to the ATM! I bought some more options today, so I'm very glad Mike also sees some potential here, making today's price look like a bargain. He likely has another Bank or two so he can further invest if any more price erosion were to occur. baba - what strike did you buy?
|
|
|
Post by cjm18 on Aug 26, 2016 10:32:08 GMT -5
They are buying the stock in hopes others will buy in to. Increase the pps, improve the sentiment but only retail is buying into this idea. You think I'm crazy but your comment really shows how disconnected you are from what is really going on. Buying in hopes others will buy too? Yes. How is this different from insider buying amongst other companies? Perhaps the size of the buy is not large enough? That's worthy of debate.
|
|
|
Post by babaoriley on Aug 26, 2016 10:36:46 GMT -5
He likely had to break his Piggy Bank to buy these shares. Or at least go to the ATM! I bought some more options today, so I'm very glad Mike also sees some potential here, making today's price look like a bargain. He likely has another Bank or two so he can further invest if any more price erosion were to occur. baba - what strike did you buy? Garrett, I bought the $1, and may have to try for some more today. I have mainly $1, but have a few $1.50's and $2's.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 26, 2016 10:38:20 GMT -5
They are buying the stock in hopes others will buy in to. Increase the pps, improve the sentiment but only retail is buying into this idea. You think I'm crazy but your comment really shows how disconnected you are from what is really going on. Buying in hopes others will buy too? Yes. How is this different from insider buying amongst other companies? Perhaps the size of the buy is not large enough? That's worthy of debate. If MNKD mgt wants to buy with hopes of increasing SP, it will take the entire team (assuming they are not in blackout), not just Mike C and while I appreciate him buying stock, 25k or 15k shares are not enough to accomplish what reverselo has proposed. If multiple MNKD execs start buying blocks > 100k that would get some attention. Perhaps Mike is just confident and picking up some inexpensive shares along the way. Either way, we are going to need more cash and per Matt who posts on this board, it will need to be sooner rather than later. At this rate, raising another $50 mm or so is going to dilute us to oblivion, unless of course, TPTB know that $40mm + is coming in this year in a non-dilutive fashion.
|
|
|
Post by saxcmann on Aug 26, 2016 10:46:36 GMT -5
They are buying the stock in hopes others will buy in to. Increase the pps, improve the sentiment but only retail is buying into this idea. You think I'm crazy but your comment really shows how disconnected you are from what is really going on. I mostly agree with you on this one reverselo. Officers buying shares is a good thing but we need more officers to follow Mike's lead. Also for WS to take notice we need a zero added to his buy orders...100-250k shares will get attention on WS in my opinion.
|
|
|
Post by garrett on Aug 26, 2016 10:58:37 GMT -5
baba - what strike did you buy? Garrett, I bought the $1, and may have to try for some more today. I have mainly $1, but have a few $1.50's and $2's. baba - I have been in those too but thinking about moving to a 2 strike. By then this is going to be back up to 3 to 5 or DOA. I would make more money at a 2 strike for the same cash outlay
|
|
|
Post by factspls88 on Aug 26, 2016 11:27:53 GMT -5
Unfortunately $.64, the post approval low, is within striking distance. I hope they rip the bandaid off quickly so the pain is short-lived.
|
|
|
Post by cjc04 on Aug 26, 2016 11:43:34 GMT -5
This conversation is interesting to me for a few reasons.
What does Mike see or think he knows, other than being new to the company and being excited about all the potential, the same way I was 3 years ago.
Matt buying 25k shares seems different than what Mike is doing. Matt is not new and excited the way Mike probably is, Matt could most likely afford a lot more than Mike ( I guess that only because he's a bit older and makes more, his personal finances are none of my business) and Matt has to know that the appearance of the CEO buying 25k shares is more about the message it sends than the actual purchase. so what's the message? I really doubt Matt is naive enough to think a 25k purchase is going to instill confidence in shareholders, 250k maybe.
To me, I can see Mike's purchases based on his new optimistic energy and the excitement of what he sees (wish I knew what that was)...... The only sure thing I come away with regarding Matt's purchase is that he is NOT in possession of any material info that would prohibit him from trading.
Can anyone help me answer a few questions on that last point?
1. Are there different rules for insider buying vs. insider selling based on what material info could be known?
2. Exactly what type of info would prohibit insider selling or buying? ie, knowledge of negotiations, settlements, financing...
3. Is it possible that Matt IS in possession of some very positive info, but he has discussed its potential enough during cc's that he has any insider buying rules covered?
My questions here are not an effort to fix myself a new Kool-aid cocktail, it's more the opposite, so I can understand if his purchase rules out ALL of the possibilities we've been waiting for.
|
|
|
Post by wiscdh on Aug 26, 2016 11:51:55 GMT -5
Mike's becoming one of us. He can't help himself when it comes to buying more shares.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 26, 2016 11:53:21 GMT -5
They are buying the stock in hopes others will buy in to. Increase the pps, improve the sentiment but only retail is buying into this idea. You think I'm crazy but your comment really shows how disconnected you are from what is really going on. Buying in hopes others will buy too? Yes. How is this different from insider buying amongst other companies? Perhaps the size of the buy is not large enough? That's worthy of debate. I didn't quote the poster who replied to me. My post was directed towards him. The reality is insider buys mean nothing. I've watched insider buys by CEOs at 10 bucks only to see the stock shorted down to 1.20. The size of these purchases are nothing. Add some zeros and the market may move. Imo Only retail buying into these insider buys and they are tapped. Why anyone would buy now knowing they need to dilute soon?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 26, 2016 11:57:56 GMT -5
They are buying the stock in hopes others will buy in to. Increase the pps, improve the sentiment but only retail is buying into this idea. You think I'm crazy but your comment really shows how disconnected you are from what is really going on. I mostly agree with you on this one reverselo. Officers buying shares is a good thing but we need more officers to follow Mike's lead. Also for WS to take notice we need a zero added to his buy orders...100-250k shares will get attention on WS in my opinion. Thanks Sax. I'm not trying to play a villian here like most think. I'm just trying to offer a different perspective and I've been honest about my strategy and that I thought this was the direction things would play out. I want to buy but there's a chance I'm paying a premium with dilution around the corner. I'm on vacation with my family and cousin is nutritionist who has recommended Afrezza is she knew how passionate I was about this stock and it's really sad what's happening to this great drug
|
|
|
Post by me on Aug 26, 2016 12:00:45 GMT -5
Mike's becoming one of us. He can't help himself when it comes to buying more shares. Thanks for the smile that put on my face...LOL!
|
|
|
Post by babaoriley on Aug 27, 2016 18:27:07 GMT -5
Garrett, I bought the $1, and may have to try for some more today. I have mainly $1, but have a few $1.50's and $2's. baba - I have been in those too but thinking about moving to a 2 strike. By then this is going to be back up to 3 to 5 or DOA. I would make more money at a 2 strike for the same cash outlay Hey, garrett, you are right, of course. However, make sure you keep in mind the possibility that things don't go great, but well enough so we get bought out for $2 in the next 16 or so months - with $2 options, you'd have nothing.
|
|
|
Post by sportsrancho on Aug 27, 2016 19:19:29 GMT -5
baba - I have been in those too but thinking about moving to a 2 strike. By then this is going to be back up to 3 to 5 or DOA. I would make more money at a 2 strike for the same cash outlay Hey, garrett, you are right, of course. However, make sure you keep in mind the possibility that things don't go great, but well enough so we get bought out for $2 in the next 16 or so months - with $2 options, you'd have nothing. Best advice ever!! A way to protect your investment and partake on any upside.
|
|