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Post by heymate on Aug 29, 2016 9:27:15 GMT -5
SUNE insiders bought even more heavily early this year but apparently didn't know enough.
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Post by saxcmann on Aug 29, 2016 9:27:50 GMT -5
Actually if he continues to buy on the way down, isn't this a smart buy/sell strategy instead of buying all at once? I think so. I agree it is the right way to purchase a position but the time frame is so short its starting to look a little desperate. What's desperate about it? I'm doing it. I'm not desperate? Buying in 15 cent increments on the way down. If it goes to .60 I'll buy more. I call it smart investing but what do I know? 🤔
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Post by Deleted on Aug 29, 2016 9:31:57 GMT -5
I agree it is the right way to purchase a position but the time frame is so short its starting to look a little desperate. Or you don't think it will last and you want to buy the dip. I bought a pile of STJ last week when it crashed because the catalyst was suspect, Mike may be thinking the same with the MNKD dip. I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about.
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Post by als57 on Aug 29, 2016 9:33:00 GMT -5
Wishing that Mike knows whats happening in terms of Afrezza. Because if he loses his shirt, then we are all in the same boat, but the boat can't hold all of us!
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Post by babaoriley on Aug 29, 2016 9:33:09 GMT -5
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. baba- good point. A buyout is the worse case but do you think $2 is a reasonable buyout number or was that more of an example? Just an example, garrett, but not totally out of left field. I hope KC's later estimate is accurate ($10), but I sure don't see anything that high without a great turnaround.
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Post by boytroy88 on Aug 29, 2016 9:34:19 GMT -5
Or you don't think it will last and you want to buy the dip. I bought a pile of STJ last week when it crashed because the catalyst was suspect, Mike may be thinking the same with the MNKD dip. I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about. Or there could be nothing going on... Either way we won't hear about it so it's kind of pointless.
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Post by Deleted on Aug 29, 2016 9:34:38 GMT -5
I agree it is the right way to purchase a position but the time frame is so short its starting to look a little desperate. What's desperate about it? I'm doing it. I'm not desperate? Buying in 15 cent increments on the way down. If it goes to .60 I'll buy more. I call it smart investing but what do I know? 🤔 Its your money
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Post by Deleted on Aug 29, 2016 9:39:44 GMT -5
What has changed in the last few weeks to cause SP to drop? Class action suit settled, positive. Cash burn continues with little uptick in Rx which is negative but no one expected uptick in Rx yet.
Other than Rx count which is critical and validates or invalidates Mike C's plan, only other question we know we need more cash: where does it come from and when. At $0.70 it would be another significant dilution.
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Post by saxcmann on Aug 29, 2016 9:41:45 GMT -5
Or you don't think it will last and you want to buy the dip. I bought a pile of STJ last week when it crashed because the catalyst was suspect, Mike may be thinking the same with the MNKD dip. I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about. "For me it all comes down to the Al Mann Foundation." Agree on this reverselo.
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Post by kc on Aug 29, 2016 9:47:53 GMT -5
I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about. Foundation & Family does not want to lose. They want to see a nice profit. The company will eventually be sold before a bankruptcy as all commen shareholders would be wiped out in favor of the secured creditors. Mann Family and Foundation own way too much common stock.
So why not sell the company today? They are hopeful that the re-launch will prove that Afrezza is going to be a blockbuster drug. We only have a couple of quarters to get that done. Lets hope we can hang on that long. It seems every obstacle there is out there we find. Just like the Medicare/Medicaid NDC code issues last week.
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Post by heymate on Aug 29, 2016 9:49:16 GMT -5
Or you don't think it will last and you want to buy the dip. I bought a pile of STJ last week when it crashed because the catalyst was suspect, Mike may be thinking the same with the MNKD dip. I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about. How is the foundation involved? Are they represented on the board of directors? Have they been activist investors?
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Post by Deleted on Aug 29, 2016 9:55:35 GMT -5
I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about. Foundation & Family does not want to lose. They want to see a nice profit. The company will eventually be sold before a bankruptcy as all comment shareholders would be wiped out in favor of the secured creditors. So why not sell the company today? They are hopeful that the re-launch will prove that Afrezza is going to be a blockbuster drug. We only have a couple of quarters to get that done. Lets hope we can. They don't want to lose everything, which is why they would sell. That comment would have never ended up in the 10k if it was not a legit fear of theirs. Also how does the family play a part of the foundation (serious question) shares? Please correct me if I am wrong but aren't all the shares left to the foundation a gift from all when he passed? Are you grouping together family that bought when MNKD was first created?
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Post by kc on Aug 29, 2016 10:01:19 GMT -5
The family runs and controls the foundation. They benefit from it.
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Post by mnholdem on Aug 29, 2016 10:12:54 GMT -5
Or you don't think it will last and you want to buy the dip. I bought a pile of STJ last week when it crashed because the catalyst was suspect, Mike may be thinking the same with the MNKD dip. I am a MNKD shareholder who for two years bought the dip and that brought me to an 80% loss. I always thought the dip wouldn't last and here we are at .75 cents. For me it all comes down to the Al Mann Foundation. They lost a lot of money in the past two weeks. Tempers are flying and MNKD is def hearing it from them. There is a lot going on behind the scene that we do not hear about.
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Post by mannmade on Aug 29, 2016 10:14:15 GMT -5
Reminds me of the Titanic... Just Kidding!!!! But thought I would post before someone else did who mighty actually mean it...
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