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Post by surplusvalue on Nov 3, 2016 21:41:50 GMT -5
I concur on both these statements. Some people in this thread are confusing addressing the cash issue with making an announcement. Any material news would already have been announced unless they are able to time it exactly for the CC (unlikely) or they have nothing to announce. Hence we'll get only vague generalities as you both have suggested. The issue is whether they will even do this. They have to address it because if they don't the stock price will drop through the floor. Everyone wants to know how they plan to continue into the future. Matt better have a good answer. The falling stock price has never stopped them before from remaining silent.
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Post by yash on Nov 3, 2016 21:44:26 GMT -5
Based on the past experience nothing will be announced in CC. The PR will be either before or after CC.
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Post by dreamboatcruise on Nov 4, 2016 1:01:35 GMT -5
Yes of coarse financing will be addressed! IMHO i think this will be a good CC with unexpected news that will bring us back over a buck SP after hours. Just one piece of good news is all we need and tell us how we are financed through 2017. Kaboom You must be buying hand over fist if you expect it will more than double. I certainly would.
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Post by promann on Nov 4, 2016 6:10:43 GMT -5
I can't believe the No's are winning 36 say no and 35 say yes. When I'm almost certain they will address financing. Isn't that what the Quaterly CC usually explains and in MNKDs situation it's needed now more then ever. My 99 percent certainly sure does not Ad up with the views from this board. Very strange all the No's must really pessimistic
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Post by silentknight on Nov 4, 2016 6:33:11 GMT -5
I think people have low expectations based on past experience. I certainly do. Almost every conference call over the past 2 years or so has resulted in the erosion of shareholder value and bad news, so I can certainly understand why people might be expecting the same thing this time. I don't blame MNKD entirely, but their attempts to explain their way out of things has been abysmal. Communication has been better of late, but now they're faced with circumstances that could lead to the company's downfall. Go take a listen to Hakan when he was CEO and tell me to have confidence in MNKD's conference calls. Matt speaks better but the situation makes it hard to be optimistic. So no, using past experience as a guide, MNKD's quarterly calls certainly haven't helped things as we now sit at a eye-popping share price of .42.
They honestly would probably have been better off just releasing the required SEC forms and avoiding calls all together. "Better to be thought a fool than to speak and remove all doubt"..... I don't think they are fools, but the market sure does. Their answers and explanations (or lack thereof) have only been used by the street to drive the price down further. I can't imagine it being much worse than it is now, even if they had just said nothing. The members of this board probably wouldn't have been happy about that, but look at the poll. Most aren't happy anyway. It's hard to look at your investment and see every single buy deep in the hole and getting deeper everyday.
The frustration is real. I'm praying that today's numbers are better but again, I have extremely low expectations.
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Post by yash on Nov 4, 2016 6:43:11 GMT -5
And on top of that why company would wait and choose only CC to announce something big? It has to be announced through PR as and when it happens.
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Post by MnkdWASmyRtrmntPlan on Nov 4, 2016 8:57:57 GMT -5
This can't be more of the same because this is the final CC. This is it. We won't make it to next quarter's CC without more cash. It is crystal clear to everyone that murky optimism is no longer acceptable for this CC. Some B-word will have to be announced: Bankruptcy, Buyout or Business Partner. My hopes are that RLS will show us their money.
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Post by lookingforlogic on Nov 4, 2016 8:58:03 GMT -5
Here is a very big news which could be interpreted as a very bad or very good news. I spent today the whole night analyzing carrier and style of writing of Martin Shkreli and I am 100% sure he is behind all of the negative and incessant attacks on MNKD. He has limitless energy, he doesn't sleep, he has between 50 to 100 million in the bank, he writes on different boards under at least 20 different names and basically he managed to destroy by now the investors board and yahoo finance board. In 2010 he kept writing letters to FDA urging officials to reject inhaled insulin. In San Francisco meeting he shouted at Alfred Mann and MNKD stock lost 2/3 of its value after his actions. He made his millions bashing biotech startups but his dream now is to become the owner of the pharma company. He is trying to do the same trick John Malone did with Sirius radio shorting it from $68 to $0.05 and now he owns it. I thought Shkreli was in jail but no he paid $5,000,000 bond and his next court appointment is in June 2017 so he has enough of time to get at least to $0,20 per share and he will be able to buy it himself!!!
When I wrote a comment to Osborn's last article asking how come we have the black label and Chantix which is responsible for at least 1000 suicides and over 2,000 law suites had the black label recently removed, he attacked me viciously with some illogical medical mambo jumbo. Here is the question: why doesn't he go after producer of Chantix instead? The logical answer is: PFIZER IS NOT A START UP.
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Post by madog365 on Nov 4, 2016 9:19:22 GMT -5
Here is a very big news which could be interpreted as a very bad or very good news. I spent today the whole night analyzing carrier and style of writing of Martin Shkreli and I am 100% sure he is behind all of the negative and incessant attacks on MNKD. He has limitless energy, he doesn't sleep, he has between 50 to 100 million in the bank, he writes on different boards under at least 20 different names and basically he managed to destroy by now the investors board and yahoo finance board. In 2010 he kept writing letters to FDA urging officials to reject inhaled insulin. In San Francisco meeting he shouted at Alfred Mann and MNKD stock lost 2/3 of its value after his actions. He made his millions bashing biotech startups but his dream now is to become the owner of the pharma company. He is trying to do the same trick John Malone did with Sirius radio shorting it from $68 to $0.05 and now he owns it. I thought Shkreli was in jail but no he paid $5,000,000 bond and his next court appointment is in June 2017 so he has enough of time to get at least to $0,20 per share and he will be able to buy it himself!!! When I wrote a comment to Osborn's last article asking how come we have the black label and Chantix which is responsible for at least 1000 suicides and over 2,000 law suites had the black label recently removed, he attacked me viciously with some illogical medical mambo jumbo. Here is the question: why doesn't he go after producer of Chantix instead? The logical answer is: PFIZER IS NOT A START UP. I actually agree with you here and also think he is a major player here on the short side. In fact i think most of his current fortune was made on MNKD. In one of his recent live stream videos where he teaches investing to 13 year old fans he slipped up and showed his most watched stocks (which was MNKD of course). Besides that i also agree that he has multiple accounts here, ST, and everywhere in between and uses them to bash to company all day every day. I don't think he is angling to buy the company though, because he is a narcissist, he won't give up until it's bankrupt and then send out a tweet saying i told you so. Same with his friend Adam.
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Post by surplusvalue on Nov 4, 2016 10:02:12 GMT -5
I think people have low expectations based on past experience. I certainly do. Almost every conference call over the past 2 years or so has resulted in the erosion of shareholder value and bad news, so I can certainly understand why people might be expecting the same thing this time. I don't blame MNKD entirely, but their attempts to explain their way out of things has been abysmal. Communication has been better of late, but now they're faced with circumstances that could lead to the company's downfall. Go take a listen to Hakan when he was CEO and tell me to have confidence in MNKD's conference calls. Matt speaks better but the situation makes it hard to be optimistic. So no, using past experience as a guide, MNKD's quarterly calls certainly haven't helped things as we now sit at a eye-popping share price of .42. They honestly would probably have been better off just releasing the required SEC forms and avoiding calls all together. "Better to be thought a fool than to speak and remove all doubt"..... I don't think they are fools, but the market sure does. Their answers and explanations (or lack thereof) have only been used by the street to drive the price down further. I can't imagine it being much worse than it is now, even if they had just said nothing. The members of this board probably wouldn't have been happy about that, but look at the poll. Most aren't happy anyway. It's hard to look at your investment and see every single buy deep in the hole and getting deeper everyday. The frustration is real. I'm praying that today's numbers are better but again, I have extremely low expectations. Sorry, I have to disagree. Silence, lack of communication is not a positive for any biotech trying to commercialize, period. You have to be able to communicate effectively to the market and make your presence known to the medical profession, to consumers, to wall street and investors. The best CEO's know how to do this. Hiding behind a lack of transparency is not any way to run a public company. MNKD never thought to have an investor relations section even as a production and manufacturing company. It was aways run like it was a private company and for all intents and purposes it still is in this respect. The lack of DTC efforts, learning at the ADA conference that everyone was thinking that MNKD was gone and not definitively countering this clearly so that even later the issue of finances wouldnt kneecap 2.0 with the thought by endos and consumers that Afrezza would disappear are indications that MNKD has a communication problem in general. Calling for less communication or thinking that less would be better only compounds the problem. Tremendous progress has been made in transforming MNKD into a commercializing entity and MNKD CARES is a welcome and savvy part of MNKD but this problem is a major achilles heel.
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Post by slugworth008 on Nov 4, 2016 11:09:12 GMT -5
This can't be more of the same because this is the final CC. This is it. We won't make it to next quarter's CC without more cash. It is crystal clear to everyone that murky optimism is no longer acceptable for this CC. Some B-word will have to be announced: Bankruptcy, Buyout or Business Partner. My hopes are that RLS will show us their money. I totally agree -
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Post by zuegirdor on Nov 4, 2016 12:00:23 GMT -5
Here is a very big news which could be interpreted as a very bad or very good news. I spent today the whole night analyzing carrier and style of writing of Martin Shkreli and I am 100% sure he is behind all of the negative and incessant attacks on MNKD. He has limitless energy, he doesn't sleep, he has between 50 to 100 million in the bank, he writes on different boards under at least 20 different names and basically he managed to destroy by now the investors board and yahoo finance board. In 2010 he kept writing letters to FDA urging officials to reject inhaled insulin. In San Francisco meeting he shouted at Alfred Mann and MNKD stock lost 2/3 of its value after his actions. He made his millions bashing biotech startups but his dream now is to become the owner of the pharma company. He is trying to do the same trick John Malone did with Sirius radio shorting it from $68 to $0.05 and now he owns it. I thought Shkreli was in jail but no he paid $5,000,000 bond and his next court appointment is in June 2017 so he has enough of time to get at least to $0,20 per share and he will be able to buy it himself!!! When I wrote a comment to Osborn's last article asking how come we have the black label and Chantix which is responsible for at least 1000 suicides and over 2,000 law suites had the black label recently removed, he attacked me viciously with some illogical medical mambo jumbo. Here is the question: why doesn't he go after producer of Chantix instead? The logical answer is: PFIZER IS NOT A START UP. Time for a poison pill??? Open source the Afrezza process? Mannkind is still the expert in production with facilities up and running. Would take another competitor a while to take over the market. Or is the hypothesis that this hostile interloper is more interested in Technosphere than Afrezza. I won't speak to the feasibility of your scenario, logic, but will say to Mike and Matt: @ Mannkind, if you read here - PLEASE DO NOT LET AFREZZA FALL INTO THE HANDS OF THE LIKES OF SHKRELLI. Do the right thing before they make their move!
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Post by zuegirdor on Nov 4, 2016 12:03:01 GMT -5
Here is a very big news which could be interpreted as a very bad or very good news. I spent today the whole night analyzing carrier and style of writing of Martin Shkreli and I am 100% sure he is behind all of the negative and incessant attacks on MNKD. He has limitless energy, he doesn't sleep, he has between 50 to 100 million in the bank, he writes on different boards under at least 20 different names and basically he managed to destroy by now the investors board and yahoo finance board. In 2010 he kept writing letters to FDA urging officials to reject inhaled insulin. In San Francisco meeting he shouted at Alfred Mann and MNKD stock lost 2/3 of its value after his actions. He made his millions bashing biotech startups but his dream now is to become the owner of the pharma company. He is trying to do the same trick John Malone did with Sirius radio shorting it from $68 to $0.05 and now he owns it. I thought Shkreli was in jail but no he paid $5,000,000 bond and his next court appointment is in June 2017 so he has enough of time to get at least to $0,20 per share and he will be able to buy it himself!!! When I wrote a comment to Osborn's last article asking how come we have the black label and Chantix which is responsible for at least 1000 suicides and over 2,000 law suites had the black label recently removed, he attacked me viciously with some illogical medical mambo jumbo. Here is the question: why doesn't he go after producer of Chantix instead? The logical answer is: PFIZER IS NOT A START UP. I actually agree with you here and also think he is a major player here on the short side. In fact i think most of his current fortune was made on MNKD. In one of his recent live stream videos where he teaches investing to 13 year old fans he slipped up and showed his most watched stocks (which was MNKD of course). Besides that i also agree that he has multiple accounts here, ST, and everywhere in between and uses them to bash to company all day every day. I don't think he is angling to buy the company though, because he is a narcissist, he won't give up until it's bankrupt and then send out a tweet saying i told you so. Same with his friend Adam. Could detection of Shkrelli activity with respect to an insulin stock have been what prompted Sen Sanders to raise the red flag when he did? Bernie, are you reading here?
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Post by zuegirdor on Nov 4, 2016 12:07:59 GMT -5
This can't be more of the same because this is the final CC. This is it. We won't make it to next quarter's CC without more cash. It is crystal clear to everyone that murky optimism is no longer acceptable for this CC. Some B-word will have to be announced: Bankruptcy, Buyout or Business Partner. My hopes are that RLS will show us their money. I totally agree - Martin is eating this up right now, feeding off of our angst and pain. I know its hard, but if we die we must die well. Die on our own terms with dignity. And live as well. And if the bad guy is mortally woulded first, turn the other cheek and show him compassion so that he finally understands, and with that understanding is able to avoid the total waste of his existence.
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Post by promann on Nov 7, 2016 8:04:53 GMT -5
Kaboom should only be used if we get to $5 bucks.... going to 1 or 2 bucks would be good... but it's only great for people that bought in the last few weeks I think we should be at 5 bucks now. Personally I think we need more than just one bit of good news for the KABOOM!!! GL I couldn't agree more!! My statement of over a buck after hours " kaboom" is a nice start and a continued climb to over 5.00 bucks from there will be what I'm talking about 🤑
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