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Post by fofos2000i on Dec 20, 2016 2:40:45 GMT -5
it looks so easy though !
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Post by careful2invest on Dec 20, 2016 2:54:30 GMT -5
Can anyone explain the pop? I can't find any news or upgrades. Thanks in advance! Well, it could be A) The rebalance of shares B) Zacks recent upgrade C) The collaboration between MNKD and the JDRF D) Shorts feeling the squeeze of a shift in momentum E) Knowing that we are one day closer to a label change F) Knowing that we are one day closer to a RLS milestone payment G) Interim agreement between MNKD and the VA, (Check the thread below this one) OR...H) It could just be that people are finally realizing that AFREZZA simply works better than anything else known to man! (second only to a healthy human pancreas) OR...
I) A combination of all of the above! Tomorrow should be telling. If the trend continues...We might finally be on our way to something "epic" GLTA TRUE LONGS!
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Post by lakers on Dec 20, 2016 3:49:00 GMT -5
The following threatens shorts the most. I expect a partnership after IND filing in 1Q17. Shorts'd better cover in earnest to above $1.50. On the 11/9 call, our CMO stated that our current lead candidate is our inhaled epinephrine. With limited resources, we are focused on the clinical development program and post-marketing requirements for Afrezza and this lead candidate in the near term. As we’ve stated before, if there are partnering opportunities, we would announce them. You must appreciate that product candidates need to reach a level of value before any potential partner would be interested. We are focused on getting inhaled epi to that stage. Read more: mnkd.proboards.com/thread/6408/mnkd-state-union?page=17#ixzz4TMlWuKuu
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Post by wmdhunt on Dec 20, 2016 11:49:57 GMT -5
And, it looks like the Dept. of Veteran's Affairs has authorized/approved Afrezza.
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Post by madog365 on Dec 20, 2016 12:16:39 GMT -5
This was discussed in a few threads i believe. With the rebalance, the shares that were being lent out to those shorting had to be returned to the funds to sell back into the market. In order to do that, the short positions had to be covered. Without real news this rise could be temporary, i'm afraid. Now would be a good time to release some positive news from mannkind as that could exponentially amplify this rise and cause a panic on the short side. Not saying you're not correct, Madog, but how do you explain the huge action in the options market today, specifically calls? What do you define as huge action, i don't see much. Most of the volume is on the $1 strike it seems? The rest are probably hedged positions that have been there for a while.
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dang
Newbie
Posts: 20
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Post by dang on Dec 20, 2016 14:17:10 GMT -5
You guys seem to know quite a bit about this stuff so I have a question. I bought MNKD years ago because a friend is a friend of the Mann family and Alfred had always done positive things in the past. They made a lot of money on MiniMed and now have a LOT of MNKD stock. I bought some just because. My break even price is way up there but I have some cash sitting in my TDAmeritrade account that I want to use to buy some more MNKD. I had a buy in at .60 last week and missed it. What do you guys think I should do? Its not a lot of money and will be the last time I buy any of this stock, but I'm wondering if I should just buy at market or give it a couple weeks to see if it comes down again.
In case you didn't figure it out, I don't know much when it comes to stocks...
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Post by careful2invest on Dec 20, 2016 14:32:08 GMT -5
You guys seem to know quite a bit about this stuff so I have a question. I bought MNKD years ago because a friend is a friend of the Mann family and Alfred had always done positive things in the past. They made a lot of money on MiniMed and now have a LOT of MNKD stock. I bought some just because. My break even price is way up there but I have some cash sitting in my TDAmeritrade account that I want to use to buy some more MNKD. I had a buy in at .60 last week and missed it. What do you guys think I should do? Its not a lot of money and will be the last time I buy any of this stock, but I'm wondering if I should just buy at market or give it a couple weeks to see if it comes down again. In case you didn't figure it out, I don't know much when it comes to stocks... Dang, First off, you should never seek financial advice from strangers. But if you really want to know, I think that you should have that money placed in a cashiers check written to cash and send it to me. If that does not sound plausable, double down on MNKD! Good luck!
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Post by promann on Dec 20, 2016 14:33:51 GMT -5
You guys seem to know quite a bit about this stuff so I have a question. I bought MNKD years ago because a friend is a friend of the Mann family and Alfred had always done positive things in the past. They made a lot of money on MiniMed and now have a LOT of MNKD stock. I bought some just because. My break even price is way up there but I have some cash sitting in my TDAmeritrade account that I want to use to buy some more MNKD. I had a buy in at .60 last week and missed it. What do you guys think I should do? Its not a lot of money and will be the last time I buy any of this stock, but I'm wondering if I should just buy at market or give it a couple weeks to see if it comes down again. In case you didn't figure it out, I don't know much when it comes to stocks... Dang if we new what a stock was going to do we would all be rich. Unfortunately Wall Street is corrupt and big hedge funds are able to move a stock just because they are powerful. Go with your heart and if you think Afrezza is a good drug and it will succeed then this is still a great opportunity. This company has had so many ups and downs it's anyone's guess what will happen next. Averaging down is a good idea if you can afford it. Good luck
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dang
Newbie
Posts: 20
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Post by dang on Dec 20, 2016 15:20:00 GMT -5
Dang if we new what a stock was going to do we would all be rich. Unfortunately Wall Street is corrupt and big hedge funds are able to move a stock just because they are powerful. Go with your heart and if you think Afrezza is a good drug and it will succeed then this is still a great opportunity. This company has had so many ups and downs it's anyone's guess what will happen next. Averaging down is a good idea if you can afford it. Good luck Yeah, I got into the stock because I believed in the concept and Al's track record. I don't regret anything and at this point will ride it out regardless of what happens. As far as getting advice from strangers... that's all in how you do your research. I guarantee that you can learn more about a car problem by visiting forums and researching common trends then taking it to a "professional" mechanic and trusting his or her knowledge and expertise. Getting opinions from you guys is always just an opinion, but regardless of what you might think, collectively there is a lot of knowledge on this board...
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Post by MnkdWASmyRtrmntPlan on Dec 20, 2016 15:28:08 GMT -5
Dang, Careful2Invest and Promann both gave you good advice. I will just echo what they said. This stock is a very high risk/reward investment. There is a risk of losing your money, but in my humble opinion, there is so much potential for both explosive and long-term (20 years or more) high-returns, and it even comes packaged with the altruistic satisfaction of supporting a great cause. You have heard people say they wished they had bought Microsoft or Google decades ago. Well, here's your chance. Whether you pay .60 or .80 really won't make that much difference 10 years from now. They just need to get sales going to get themselves over the hump. If they can just do that, we are in the green. Good luck to you, and like we all say in this board GLTL (Good Luck to Longs)
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Post by careful2invest on Dec 20, 2016 15:35:47 GMT -5
Yeah, I got into the stock because I believed in the concept and Al's track record. I don't regret anything and at this point will ride it out regardless of what happens. As far as getting advice from strangers... that's all in how you do your research. I guarantee that you can learn more about a car problem by visiting forums and researching common trends then taking it to a "professional" mechanic and trusting his or her knowledge and expertise. Getting opinions from you guys is always just an opinion, but regardless of what you might think, collectively there is a lot of knowledge on this board... Dang, I bought this stock for very similar reasons. And no doubt, there is a lot of valuable knowledge on this board. I was just being facetious. I hope that you took no offense. Best of luck to you!
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Post by seanismorris on Dec 20, 2016 15:48:44 GMT -5
My thought is assuming this stock reversal is a result of rebalancing (and its effect on the Shorts) we might have a large number of Shorts staying out until the new year for tax purposes. If this is the case we could have a sustained uptrend until the end of the year.
Does this thought make sense?
We should probably all watch the charts diligently the next 1.5 weeks. If we become way overbought going into the New Year we might want to lighten up. I don't have any expectation for good news (coming out of MannKind) in the next few weeks.
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Post by dreamboatcruise on Dec 20, 2016 15:56:29 GMT -5
You guys seem to know quite a bit about this stuff so I have a question. I bought MNKD years ago because a friend is a friend of the Mann family and Alfred had always done positive things in the past. They made a lot of money on MiniMed and now have a LOT of MNKD stock. I bought some just because. My break even price is way up there but I have some cash sitting in my TDAmeritrade account that I want to use to buy some more MNKD. I had a buy in at .60 last week and missed it. What do you guys think I should do? Its not a lot of money and will be the last time I buy any of this stock, but I'm wondering if I should just buy at market or give it a couple weeks to see if it comes down again. In case you didn't figure it out, I don't know much when it comes to stocks... You can always spread the buying out as a way of hedging against another drop. I'm one of the "longs" that will still openly voice skepticism/concern. The source of it being that even if Afrezza is destined for success, which I believe, there is still chance for significant dilution to raise the money necessary to have that happen... and even some risk of bankruptcy. I think the management team knows what they are doing, and I was impressed by the extent of the improvement in balance sheet they pulled off this past quarter. Having said that, even if they are competent and have a plan, there are external things, such as another big market correction or financial scare, that could close off funding sources right at the time they are counting on it.
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dang
Newbie
Posts: 20
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Post by dang on Dec 20, 2016 16:00:50 GMT -5
Yeah, I got into the stock because I believed in the concept and Al's track record. I don't regret anything and at this point will ride it out regardless of what happens. As far as getting advice from strangers... that's all in how you do your research. I guarantee that you can learn more about a car problem by visiting forums and researching common trends then taking it to a "professional" mechanic and trusting his or her knowledge and expertise. Getting opinions from you guys is always just an opinion, but regardless of what you might think, collectively there is a lot of knowledge on this board... Dang, I bought this stock for very similar reasons. And no doubt, there is a lot of valuable knowledge on this board. I was just being facetious. I hope that you took no offense. Best of luck to you! No offense ever taken on a message board. I appreciate the response and opinion, I just didn't do a very good job saying that. LOL. I used to visit the yahoo.com/finance board from time to time but wow, what a disaster that thing has become. This board seems much more "mature" for lack of a better word. I administer an automotive forum and can relate to the different crowds.
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Post by babaoriley on Dec 20, 2016 16:49:34 GMT -5
Not saying you're not correct, Madog, but how do you explain the huge action in the options market today, specifically calls? What do you define as huge action, i don't see much. Most of the volume is on the $1 strike it seems? The rest are probably hedged positions that have been there for a while. Yesterday there were a lot of contracts traded, today not as many, but still quite a few. And I'm not looking at the open interest, which is the total number of positions, I have been looking at daily volume the last couple of days. Lots at the $1 strike level, that's correct, some at $1.50, and some at $0.50 - if my theory is correct regarding a potential buy out, that buyout would happen somewhere between a buck and two bucks, based on the option trading that Fidelity is reporting. Understand, when I say a buyout, I'm not saying it's probable, I'm just saying out of the various ways to explain the strength in the stock lately, the buyout theory seems to fit the facts as I see them best. I would much rather it be some really good news that will give us a better chance to hit $5 or $6 some day.
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