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Post by mnholdem on Oct 25, 2016 7:35:38 GMT -5
I am only speaking for myself when I say that I will continue to hold my investment in MannKind and wait to see what happens. Why? Simply because my dreams don't have an expiration date:
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Post by nimrod71 on Oct 25, 2016 7:41:56 GMT -5
I'm only speaking for myself I'm going to hold onto my shares too only because they are almost completely worthless anyway. 14134 times .55 just over 7 grand nice. Not bad for almost 50 grand invested. May as well go for broke.
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Post by dictatorsaurus on Oct 25, 2016 8:26:09 GMT -5
Most holding now because their position is worth pretty much nothing. Might as well lose whatever little left vs. the slight chance something might come through.
Those that use the argument "if you don't like how things are going just sell and move on" need to shutup.
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Post by nimrod71 on Oct 25, 2016 8:30:06 GMT -5
Most holding now because their position is worth pretty much nothing. Might as well lose whatever little left vs. the slight chance something might come through. Those that use the argument "if you don't like how things are going just sell and move on" need to shutup. I couldn't agree more, very tired of hearing sell and move on. |
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Post by kball on Oct 25, 2016 8:33:54 GMT -5
I am only speaking for myself when I say that I will continue to hold my investment in MannKind and wait to see what happens. Why? Simply because my dreams don't have an expiration date:
Me too. Unless they raise the price of hammocks even a little |
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Post by Deleted on Oct 25, 2016 8:39:00 GMT -5
I am only speaking for myself when I say that I will continue to hold my investment in MannKind and wait to see what happens. Why? Simply because my dreams don't have an expiration date:
I wish Mannkind's run way and cash position doesnt have an expiration date too.. |
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Post by letitride on Oct 25, 2016 8:44:02 GMT -5
Two months of my life invested in this company the dollar amount is only pertinent to what I gave up to acquire them in the first place. I am not relaxed nor am I going to walk away from two months of my life I will do what ever I can to facilitate the success of Mannkind including investing more months of my life. No fear ,no regrets, and no vacation. |
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Post by mockingjay on Oct 25, 2016 8:57:05 GMT -5
Most holding now because their position is worth pretty much nothing. Might as well lose whatever little left vs. the slight chance something might come through. Those that use the argument "if you don't like how things are going just sell and move on" need to shutup. 7k is better than nothing ? |
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Post by mnkdfann on Oct 25, 2016 9:27:35 GMT -5
A psychologist or behavioral economist studying the 'sunk cost fallacy' would have a field day interviewing a few of the people posting in this thread.
"Individuals commit the sunk cost fallacy when they continue a behavior or endeavor as a result of previously invested resources (time, money or effort) (Arkes & Blumer, 1985). This fallacy, which is related to status quo bias, can also be viewed as bias resulting from an ongoing commitment. For example ... a person may have a $20 ticket to a concert and then drive for hours through a blizzard, just because s/he feels that s/he has to attend due to having made the initial investment. If the costs outweigh the benefits, the extra costs incurred (inconvenience, time or even money) are held in a different mental account than the one associated with the ticket transaction (Thaler, 1999)."
Please note, the above is not to not imply that MNKD is a bad investment. I did not / never said that.
I'm only commenting on some of the (classic sunk cost fallacy) reasons some have listed for staying invested rather than selling.
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Post by nimrod71 on Oct 25, 2016 9:37:18 GMT -5
A psychologist or behavioral economist studying the 'sunk cost fallacy' would have a field day interviewing a few of the people posting in this thread. "Individuals commit the sunk cost fallacy when they continue a behavior or endeavor as a result of previously invested resources (time, money or effort) (Arkes & Blumer, 1985). This fallacy, which is related to status quo bias, can also be viewed as bias resulting from an ongoing commitment. For example ... a person may have a $20 ticket to a concert and then drive for hours through a blizzard, just because s/he feels that s/he has to attend due to having made the initial investment. If the costs outweigh the benefits, the extra costs incurred (inconvenience, time or even money) are held in a different mental account than the one associated with the ticket transaction (Thaler, 1999)." Please note, the above is not to not imply that MNKD is a bad investment. I did not / never said that. I'm only commenting on some of the (classic sunk cost fallacy) reasons some have listed for staying invested rather than selling. Ding ding ding you got me, I should be in a looney bin. |
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Post by slugworth008 on Oct 25, 2016 9:47:14 GMT -5
I agree with davinci. How long do you hold onto optimism when there is no progress being made? I've seen it before, you wake up some morning and all of a sudden you learn your company has filed chapter 11, 7 or simply closed it's doors. There seems to be more reason for that as of late than the alternative. There has to be an influx of cash soon, how that happens is anyone's guess but the best way is to sell the product. We aren't doing that, not yet, we may but it's also possible that time may run out. From a pure investment standpoint I see no reason to be invested in this company right now. From an altruistic standpoint, there are many reasons. Additionally from a perspective of believing in the science and the good it does for patients Mannkind is a huge hit. Unless they deal with the cash situation soon it's going to be lights out. And that's the bottom line. What you have to reconcile with yourself is, will they come up with the necessary cash to continue as a going concern or will you wake up with a pale face some morning? Another reason they need to handle the financing - Is to allay any fears that "Afrezza" might go away. What do you think the sales reps for the other pharmas are saying on their sales calls??? We need cash to help sales - Why would an endo or PA start a patient on Afrezza with the cloud of BK hanging overhead. C'mon MNKD get it done. |
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Post by slugworth008 on Oct 25, 2016 9:48:25 GMT -5
Most holding now because their position is worth pretty much nothing. Might as well lose whatever little left vs. the slight chance something might come through. Those that use the argument "if you don't like how things are going just sell and move on" need to shutup. I totally agree with you. |
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Post by bwills on Oct 25, 2016 10:01:09 GMT -5
I agree with davinci. How long do you hold onto optimism when there is no progress being made? I've seen it before, you wake up some morning and all of a sudden you learn your company has filed chapter 11, 7 or simply closed it's doors. There seems to be more reason for that as of late than the alternative. There has to be an influx of cash soon, how that happens is anyone's guess but the best way is to sell the product. We aren't doing that, not yet, we may but it's also possible that time may run out. From a pure investment standpoint I see no reason to be invested in this company right now. From an altruistic standpoint, there are many reasons. Additionally from a perspective of believing in the science and the good it does for patients Mannkind is a huge hit. Unless they deal with the cash situation soon it's going to be lights out. And that's the bottom line. What you have to reconcile with yourself is, will they come up with the necessary cash to continue as a going concern or will you wake up with a pale face some morning? Another reason they need to handle the financing - Is to allay any fears that "Afrezza" might go away. What do you think the sales reps for the other pharmas are saying on their sales calls??? We need cash to help sales - Why would an endo or PA start a patient on Afrezza with the cloud of BK hanging overhead. C'mon MNKD get it done. I agree. I can see where someone might ask themselves why deal with the hassles of spirometry, insurance approval forms, adapting to a new regimen for a drug that may disappear in a few months. |
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Post by mockingjay on Oct 25, 2016 10:29:20 GMT -5
Another reason they need to handle the financing - Is to allay any fears that "Afrezza" might go away. What do you think the sales reps for the other pharmas are saying on their sales calls??? We need cash to help sales - Why would an endo or PA start a patient on Afrezza with the cloud of BK hanging overhead. C'mon MNKD get it done. I agree. I can see where someone might ask themselves why deal with the hassles of spirometry, insurance approval forms, adapting to a new regimen for a drug that may disappear in a few months. also the doctor needs to fill the prior authorization form, everything is setting up to block afrezza to reach the market . usually the doctor doesn't want spend times too much on a new drug if he can use the old drug without going through the hassles .. their time is money so ... |
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Post by liane on Oct 25, 2016 10:43:16 GMT -5
also the doctor needs to fill the prior authorization form, everything is setting up to block afrezza to reach the market . usually the doctor doesn't want spend times too much on a new drug if he can use the old drug without going through the hassles .. their time is money so ... That's what they have medical assistants for  |
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