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Post by Deleted on Sept 26, 2016 14:22:41 GMT -5
reverselo, imo I think it's possible and probable it was just an oversight. MNKD matt knows FD requirements and delaying it a few days doesn't buy mnkd anything. I'd chalk it up as a "oops" moment with very little real consequence given the bigger picture. As far as faith in mnkd, I'm sure you are right. I'm sure some retail investors feel more informed with Mike C getting on tweets and having lunches with folks. I wish he'd been on board a long time ago. While that's all a breath of fresh air, it changes little in terms of what matters most at the moment and has mattered most since FDA approval.
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Post by sophie on Sept 26, 2016 14:47:42 GMT -5
reverselo, imo I think it's possible and probable it was just an oversight. MNKD matt knows FD requirements and delaying it a few days doesn't buy mnkd anything. I'd chalk it up as a "oops" moment with very little real consequence given the bigger picture. As far as faith in mnkd, I'm sure you are right. I'm sure some retail investors feel more informed with Mike C getting on tweets and having lunches with folks. I wish he'd been on board a long time ago. While that's all a breath of fresh air, it changes little in terms of what matters most at the moment and has mattered most since FDA approval. The oversight is why I think it's safe to put to bed some of the fantasies that there is plenty of money for us to go into next year or that a significant RLS milestone is on its way. Matt and team are fighting like hell to execute whatever plan they've come up with. There isn't enough time for anyone to be committed to being on lookout for things like compliance. If there was a money tree printing off money for us, Matt would not still be wearing 2 hats as CFO/CEO. If someone is going to invest significant money, they are going to want the job to get done properly. I'm not sure I blame Matt for being dishonest- it's part of his job to give the illusion that things are ok with the company. It's why I've never paid any attention to anything other than the balance sheet. Numbers can't lie.
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Post by Deleted on Sept 26, 2016 14:51:41 GMT -5
reverselo, imo I think it's possible and probable it was just an oversight. MNKD matt knows FD requirements and delaying it a few days doesn't buy mnkd anything. I'd chalk it up as a "oops" moment with very little real consequence given the bigger picture. As far as faith in mnkd, I'm sure you are right. I'm sure some retail investors feel more informed with Mike C getting on tweets and having lunches with folks. I wish he'd been on board a long time ago. While that's all a breath of fresh air, it changes little in terms of what matters most at the moment and has mattered most since FDA approval. I agree Mike could have made more of this opportunity if he had a shot earlier. Thats a pretty big oversight, especially when they have pushed transparency to share holders.
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Post by sportsrancho on Sept 26, 2016 14:58:07 GMT -5
Two other peoples opinions:
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Post by Deleted on Sept 26, 2016 15:04:58 GMT -5
sophie, "It's why I've never paid any attention to anything other than the balance sheet. Numbers can't lie."
Now you're talking my language. I prefer sec submissions first followed by CC's and tweets second.
I've rarely given "buy" or "sell" advice to anyone. My posts have been mis-interpreted as bashing or pumping or soft bashing or whatever. After reading weeks now of posters searching for an answer as to sell or hold or buy, my sincere advice at this stage is this - if you've invested a few 10's of thousands or thereabouts, I'd suggest holding tight at this level. Absolutely no point at this stage to sell unless you need whatever money you can get to buy food or pay the mortgage this month (or if you can't sleep at night). Otherwise, at this stage, just hold on til time reveals mnkd's future. I'm not saying it won't go lower. I'm not making any predictions. There's been significant downward pressure now for over a month. At some point, it'll let up and the stock may bounce back up even just a bit. While many are looking/hoping for a significant rise in scripts, oct through dec just might provide that surprise if mnkd can fix a few things quickly. Enough of a surprise to cause the stock to pop. IMO, that's as reasonable possibility as nothing happening at all.
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Post by prosper on Sept 26, 2016 17:57:10 GMT -5
Sorry, I clicked thumbs up Kemosab(a). Totally disagree with the low or no royalty statement. Agree with the licensing. We, the total believers in the science and vision, have to hang with the pain and while I don't believe in "Hail Mary passes", think we have to believe in the team of our 3 top guys. I can't believe that so many "longs" are down on Matt. Aside from Al's vision(OK, money too), he is the reason we are still here at all. His hiring of Mike is an example of a man with judgement. The judgement of how to move our baby forward in the trench warfare we face. Haakon was the right man to build the tech, plant, equipment and get i running.Mat would have been way over his head there. Don't know enuf about our failed hire of the new ceo, but I think that was a decision to try to max "connections". Dem don't work wit us. We need a combat General, and we got that in Mike. Think Patton. Don't know enuf about what U is doing, so reserve judgement, especially since I think he was a direct Matt hire. Sorry to be so verbose, but I think we have the most knowledgeable about our company, and seasoned financial exec we could get. Quick aside---I have been on the road salesman, Ntl sales mgr, VP Mkting, Pres, and now CEO of a relatively small Crystal/Tabletop company for 40+ years, and while that is not remotely related to Pharm, "Selling is Selling". Any other proud Peddlers out there that have climbed the ladder, please chime in.
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