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Post by mytakeonit on Aug 28, 2017 13:18:57 GMT -5
All I can say is ... peppy ... eat them glazed donuts! All aboard ! Hop onto the "Sugar Rush Train !!!"
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Post by babaoriley on Aug 28, 2017 13:28:40 GMT -5
I've been studying the charts too, for about 4 years now but never mind that... Jumping up to $2, $4, or even $10 in the short term sounds exciting, but then I try to pull myself out of the daydream and back to reality. However,,,,, looking at a 5 year chart, I would say that right around Sept of 2015 was when MKND (Afrezza and therefore Technosphere) was determined a failure and worthless. The people "in the know" knew SNY was going to cut Afrezza and 4 months later, Jan 2016, they did. So I would argue that all the price action since then was just a painful formality being carried out to inevitable bankruptcy, with MNKD dragging it out as long as they have.... SO WHAT IF,,,, MNKD had to be looked at like there was a future? Like total failure was NOT inevitable? Like there was a reason to put a value on a bio tech company with an approved drug, and a legitimate pipeline? IF, IF, IF that day ever came,,,, then I would say our first stop is SEPT 2015, the last time MNKD traded as a company with a future. And as all true longs know, the mass of the volume resistance where MNKD traded like a company with a future is $5 - $7, pre split. That's a very interesting and creative way to look at the prospect for a higher share price, cjc! I like it very much. Of course, I'm far too pessimistic to ever come up with that myself. I'm wondering what will have had to occur for us to be viewed in that light - what is that, a $2 billion+ market cap or so? Big foreign sales bringing in revenue instead of further debt or equity financing would do the trick! Heck, an Oprah Winfrey-type (likely only Oprah) getting on board might do it! My number one hope is still a buyout at about double whatever our current share price is (so long as the share price doesn't head materially south from here). Gotta love the rally we've been enjoying of late!
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Post by Omega on Aug 28, 2017 13:56:11 GMT -5
I've been studying the charts too, for about 4 years now but never mind that... Jumping up to $2, $4, or even $10 in the short term sounds exciting, but then I try to pull myself out of the daydream and back to reality. However,,,,, looking at a 5 year chart, I would say that right around Sept of 2015 was when MKND (Afrezza and therefore Technosphere) was determined a failure and worthless. The people "in the know" knew SNY was going to cut Afrezza and 4 months later, Jan 2016, they did. So I would argue that all the price action since then was just a painful formality being carried out to inevitable bankruptcy, with MNKD dragging it out as long as they have.... SO WHAT IF,,,, MNKD had to be looked at like there was a future? Like total failure was NOT inevitable? Like there was a reason to put a value on a bio tech company with an approved drug, and a legitimate pipeline? IF, IF, IF that day ever came,,,, then I would say our first stop is SEPT 2015, the last time MNKD traded as a company with a future. And as all true longs know, the mass of the volume resistance where MNKD traded like a company with a future is $5 - $7, pre split. That's a very interesting and creative way to look at the prospect for a higher share price, cjc! I like it very much. Of course, I'm far too pessimistic to ever come up with that myself. I'm wondering what will have had to occur for us to be viewed in that light - what is that, a $2 billion+ market cap or so? Big foreign sales bringing in revenue instead of further debt or equity financing would do the trick! Heck, an Oprah Winfrey-type (likely only Oprah) getting on board might do it! My number one hope is still a buyout at about double whatever our current share price is (so long as the share price doesn't head materially south from here). Gotta love the rally we've been enjoying of late! You've been on this board for 4 years and your "Number One" hope is a buyout at ~ $3.40 Post RS / $ 0.68 Pre RS? Are you Long or Short?
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Post by cjc04 on Aug 28, 2017 14:42:03 GMT -5
I've been studying the charts too, for about 4 years now but never mind that... Jumping up to $2, $4, or even $10 in the short term sounds exciting, but then I try to pull myself out of the daydream and back to reality. However,,,,, looking at a 5 year chart, I would say that right around Sept of 2015 was when MKND (Afrezza and therefore Technosphere) was determined a failure and worthless. The people "in the know" knew SNY was going to cut Afrezza and 4 months later, Jan 2016, they did. So I would argue that all the price action since then was just a painful formality being carried out to inevitable bankruptcy, with MNKD dragging it out as long as they have.... SO WHAT IF,,,, MNKD had to be looked at like there was a future? Like total failure was NOT inevitable? Like there was a reason to put a value on a bio tech company with an approved drug, and a legitimate pipeline? IF, IF, IF that day ever came,,,, then I would say our first stop is SEPT 2015, the last time MNKD traded as a company with a future. And as all true longs know, the mass of the volume resistance where MNKD traded like a company with a future is $5 - $7, pre split. That's a very interesting and creative way to look at the prospect for a higher share price, cjc! I like it very much. Of course, I'm far too pessimistic to ever come up with that myself. I'm wondering what will have had to occur for us to be viewed in that light - what is that, a $2 billion+ market cap or so? Big foreign sales bringing in revenue instead of further debt or equity financing would do the trick! Heck, an Oprah Winfrey-type (likely only Oprah) getting on board might do it! My number one hope is still a buyout at about double whatever our current share price is (so long as the share price doesn't head materially south from here). Gotta love the rally we've been enjoying of late! Well Baba, I'm fairly pessimistic as well, and I'm definitely jaded after this journey. As I said, I try not to daydream too much about the possibility of $4 - $10.... At the same time,,,, if someone were to give me a legitimate reason as to why the stock should be $4 - $10, then I'd have to give back the same reason and say it's going to $20 - $30. The specific events that would need to happen, or where the market cap would settle at,,,, who knows... but if the conversation is about technicals, then i guess you'd have to assume that there's no longer a debate on the company surviving, because that's the only way technicals can become relevant. Therefore, if technicals are relevant, because the company having a future is now obvious, then there's no real technical or psychological resistance until Sept 2015. Of course things would settle down to some type of reasonable market cap, but volatility and speculation would come with the company showing a future. Take a look at a monthly chart over the past 5 years and look at the size of those candles where volatility and speculation were at play.
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Post by babaoriley on Aug 28, 2017 14:56:31 GMT -5
That's a very interesting and creative way to look at the prospect for a higher share price, cjc! I like it very much. Of course, I'm far too pessimistic to ever come up with that myself. I'm wondering what will have had to occur for us to be viewed in that light - what is that, a $2 billion+ market cap or so? Big foreign sales bringing in revenue instead of further debt or equity financing would do the trick! Heck, an Oprah Winfrey-type (likely only Oprah) getting on board might do it! My number one hope is still a buyout at about double whatever our current share price is (so long as the share price doesn't head materially south from here). Gotta love the rally we've been enjoying of late! You've been on this board for 4 years and your "Number One" hope is a buyout at ~ $3.40 Post RS / $ 0.68 Pre RS? Are you Long or Short? Quite long, and having been in MNKD since the IPO, quite cognizant of the risks involved, notwithstanding the optimism, the current rally or anything else. Omega, this one was a "sure thing" when FDA approval hit, yet...it's been anything but. So, I would like it to end, and of course, I would love the buyout number to be far more than $3 to $3.50 - but if an offer for $3.50 was put on the table tomorrow, I'd vote to accept it. That's where I am today, after 13 or so years in the company.
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Post by mnkdnewbie on Aug 28, 2017 15:02:17 GMT -5
$3.50 would put me in the green, i would love to see more but fine with me.
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Post by mnkdnewbie on Aug 28, 2017 15:14:55 GMT -5
Personally I think if we reach pre RS PPS it will rise rather quickly because shorts will exit. My thoughts are if the label change comes to fruition where do i exit? I hope that if the label change is successful, MNKD is ready to increase shares and dilute to raise cash unlike when they failed to do on FDA approval. And how do i determine the peak of the label change before they announce a dilution mechanism?
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Post by peppy on Aug 28, 2017 15:19:29 GMT -5
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Post by mytakeonit on Aug 28, 2017 15:45:44 GMT -5
Wait ... the green lines finally allow me to understand the chart.
And those posts above has the decimal point in the wrong place ... it should be $350 ... according to Nate.
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Post by peppy on Aug 28, 2017 16:18:58 GMT -5
the month has three more days before it finishes. I am looking for the reversal pattern. = insurance coverage
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Post by nylefty on Aug 28, 2017 17:47:06 GMT -5
Wait ... the green lines finally allow me to understand the chart. And those posts above has the decimal point in the wrong place ... it should be $350 ... according to Nate. Poor joke? Actually, Nate says MNKD is a strong buy "under $5."
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Post by mytakeonit on Aug 28, 2017 19:35:31 GMT -5
Nate actually said that he sees a 3 bagger in the future.
What I was pointing out was the shorts saying that they'll be selling at $3.50 because that is what the buyout number will be.
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Post by nylefty on Aug 28, 2017 20:18:21 GMT -5
Nate actually said that he sees a 3 bagger in the future. What I was pointing out was the shorts saying that they'll be selling at $3.50 because that is what the buyout number will be. A 3 bagger for somebody who bought at the current price would mean a future price of $4.95.
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Post by dreamboatcruise on Aug 28, 2017 20:28:37 GMT -5
Nate actually said that he sees a 3 bagger in the future. What I was pointing out was the shorts saying that they'll be selling at $3.50 because that is what the buyout number will be. A three bagger means 200% gain... or $5 ($1 pre split) compared to where we are now. Hopefully if we get on solid footing we'll be higher than that within 12-18 months. I hope so because a three bagger from here would still be a half bagger for my investment in MNKD.
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Post by kc on Aug 28, 2017 20:45:12 GMT -5
That's a very interesting and creative way to look at the prospect for a higher share price, cjc! I like it very much. Of course, I'm far too pessimistic to ever come up with that myself. I'm wondering what will have had to occur for us to be viewed in that light - what is that, a $2 billion+ market cap or so? Big foreign sales bringing in revenue instead of further debt or equity financing would do the trick! Heck, an Oprah Winfrey-type (likely only Oprah) getting on board might do it! My number one hope is still a buyout at about double whatever our current share price is (so long as the share price doesn't head materially south from here). Gotta love the rally we've been enjoying of late! You've been on this board for 4 years and your "Number One" hope is a buyout at ~ $3.40 Post RS / $ 0.68 Pre RS? Are you Long or Short? Ok Newbie Omega..... Baba is not to be questioned. I happen to agree with her as we all have been here for a long time and have seen the downward momentum and the pain of buying down down down. I would be very pleased with a buyout in the $20.00 range but realistically if we got $10.00 and the product lived on with a well capitalized Pharma most of us would be very happy. I for one had about 130,000 shares of the pre-split stock. So I know that Baba and others have a lot of skin in the game. Call me a big time loser as I also now have about 60,000 post split shares. Yep I still believed in Afrezza and the MannKind team to turn the company around. I have met Mike C. I have communicated and met several of the sales & marketing team and still believed that they could turn the company around. So I bought more. So hopefully I will not be a even bigger loser.
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