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Post by sophie on Feb 4, 2017 15:23:35 GMT -5
What was meant by " FROM A POSITION of strenth?  ? By MATT ... in regards to the R/S In the conference call he stated that it was because we have an FDA approved product that needs more money to market, as well as epinephrine waiting on deck. The idea he was trying to communicate was that a reverse split is supported by 1 available product and one that is waiting on deck which will be a future source of income to bolster the share price even more. It was in contrast to us not having certitude that keeping the company alive would directly translate into increased sales. Basically, he believes (or communicated, at least) that the reverse split would give us enough time to prove profitability, or at the very least, justify the market cap and attract more potential buyers in the future. I didn't hear much in the way of "more to come", even though he did state that he'd have more to share at the next conference call in March. Maybe that's because I've begun to tune out the dangling carrots and start trusting what my eyes are seeing a little better. |
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Post by lennymnkd on Feb 4, 2017 17:07:29 GMT -5
Sophie, I believe we will be able to attend on the 14th and if the case , will be attending . Hopefully something will be said : will share any insite.
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Post by barnstormer on Feb 5, 2017 10:25:24 GMT -5
The future for Afrezza is bright. My fear is that after a R/S the float may shrink, but while it may be more difficult the desire to short MNKD will continue. Matt will have to dilute again after the R/S to raise cash adding shares available to short. There is no question in my mind that BP is behind a lot of the current stock manipulation and would love to bring Afrezza into their portfolio at pennies on the dollar. I am long MNKD and hope Matt and his team can pull off the turnaround.
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Post by prvs on Feb 5, 2017 12:09:43 GMT -5
I would like to see a 1 for 10 split, even tho my BE would become 48, while its about 6 right now. Although many say this stock is manipulated, naked shorted, etc. I believe that it will all go away when scripts rise significantly. Shorts run away when a company proves it can make a profit that supports operations, they come in when a company is in trouble. Shorts are simply opportunistic vultures.
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Post by babaoriley on Feb 5, 2017 16:00:06 GMT -5
The future for Afrezza is bright. My fear is that after a R/S the float may shrink, but while it may be more difficult the desire to short MNKD will continue. Matt will have to dilute again after the R/S to raise cash adding shares available to short. There is no question in my mind that BP is behind a lot of the current stock manipulation and would love to bring Afrezza into their portfolio at pennies on the dollar. I am long MNKD and hope Matt and his team can pull off the turnaround. Barnstormer, you're a helluva gentleman, and I guess I might even agree regarding Afrezza's bright future; however, it's MNKD's future that concerns me most on the financial end of things. |
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Post by babaoriley on Feb 5, 2017 16:01:16 GMT -5
I would like to see a 1 for 10 split, even tho my BE would become 48, while its about 6 right now. Although many say this stock is manipulated, naked shorted, etc. I believe that it will all go away when scripts rise significantly. Shorts run away when a company proves it can make a profit that supports operations, they come in when a company is in trouble. Shorts are simply opportunistic vultures. "Shorts are simply opportunistic vultures." While your statement is true, a lot of longs try to be that, too. Most fail. |
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Post by babaoriley on Feb 5, 2017 16:03:22 GMT -5
Sweedee, Sorry you don't like my style. I'm just trying to help. I don't keep track of who says what but I did a quick look at your recent posts and you are one of the people who thinks that the upside potential is worse after a RS so I can see why you might not like what I said. OK.... Ive been through a couple of reverse splits... it isn't the RS by itself that is negative.. I understand the simplicity of an RS and that basically you are getting fewer shares yet the investment is worth the same value .. and that in itself isn't a bad thing.. however I believe the issue is far more complicated than that in the grand scheme of things... for one the market perceives an RS as negative... the company is short on money and it doesn't look like they are going to find funding any time soon... so dilution comes next... for sure the near term is going to be rough ..
Management is also losing credibility with investors.. In November they said they didn't think the RS would be needed (to ease our fears). I have been one of those who has defended them fiercely ...... I suppose they have to do this... they are in a difficult position and doing their best with little money... I think they have done very good things in the last year... yet it isn't enough because they don't have the money to do the big things... when I talk about less upside potential I'm talking about market psychology .. It doesn't matter what is logical ... the market isn't always logical... especially when you have shorts who prey on this type of situation... say for instance we do a 1 for 10 and the price is beaten down to a buck once again... only now we have way fewer shares... some companies end up doing a 2nd RS ..
If this ship can be set right we have hope... we will have to do DTC advertising nationwide.... TV commercials... they have had plenty of time to lay the ground work .. and that takes money... will dilution be enough??? I don't believe I'm being negative... I think I'm being real... I'm always honest.. Even though Ive been referred to as a "fool" by some on this board ... I still believe in Mike and Matt.. I think they have what it takes to get this done... but at present they don't have the money.... and I totally and completely believe in Afrezza ... I didn't invest in this stock simply because I'm sappy and I care... I invested in this stock because it was an investment.... however it became personal to me because I saw how much it helped my dad and others.... and it doesn't help anything when someone tells you what you "should" be doing... no one likes that... and I would also say that most people on this board are not at all stupid...
Last of all you will not hear me blaming someone else for my investment choices or the money Ive lost.... we are all adults and have to take responsibility for our own choices..... unless of course someone has blatantly lied and I haven't seen that... we have all known the circumstances and knew that the RS was possible... and with some research we would have known that they had to announce their intentions within a certain time frame and yet it seems we were all taken by surprise... I was in shock...
I understand that you were trying to help.... I also understand that people don't always mean things the way they say them... its ok ..
Sweedee, a fine post, all around. One thing I need to tell you, blaming someone else for your stock losses can be therapeutic, don't put it down like you did. Currently, I'm blaming MannMade and Sports for my losses, and it's helped me to deal... |
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Post by dreamboatcruise on Feb 6, 2017 17:03:13 GMT -5
Sweedee, a fine post, all around. One thing I need to tell you, blaming someone else for your stock losses can be therapeutic, don't put it down like you did. Currently, I'm blaming MannMade and Sports for my losses, and it's helped me to deal... I'm on board with that. Now that Australia is an adversary, I'm going to blame my loses on that Afrezza down under guy  Taking responsibility for one's own actions doesn't make for restful sleep. |
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Post by sportsrancho on Feb 8, 2017 8:43:56 GMT -5
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Post by mnkdfann on Feb 8, 2017 9:03:42 GMT -5
Matt: "Unfortunately, people really don't seem to understand what a reverse split means, reacted emotionally rather than rationally, and really did not listen to the other parts of the call." What a nice backhanded diss! That is, it reads a bit like: "I'm not saying our shareholders are idiots, but ..." Still, I commend Matt on his use of an Oxford comma! Props to Matt for that, and I knew there was a reason I liked the guy.  |
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Post by promann on Feb 8, 2017 9:10:35 GMT -5
Although I think A reverse split will more then likely happen its not a sure thing. Matt is being cautious and is getting approval encase it has to be done. This does not mean that a announcement may not come before then that may push the stock price above the 1.00 mark. It is a formality that needs to be done and Matt would be negligent if he was not prepared if need be.. A extension can still also be approved for another 6 months and i think that is just as likely as a reverse split. But I personally believe that a deal some where on something may happen soon.. Why have not management purchased any shares at these levels? I think its Because of inside knowledge of the negotiations that are actively taking place..
Just My Opinion..
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Post by kc on Feb 8, 2017 9:26:21 GMT -5
I do not like it when somebody tries to take the letter or email that was between two parties and put it on the Internet. We all have to understand that is perhaps the main reason why we get very little written correspondence from MannKind. People complain all the time about the company transparency but when somebody writes to Matt and then post that directly to the Internet he will probably not respond again to anybody else. Matt properly responded with only what he can say..... name, rank, serial number. |
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Post by gamblerjag on Feb 8, 2017 9:54:19 GMT -5
Hey K c. I hear what you're saying but I think most companies know that when they send out an email there's a good chance that it could go on social media I'm guessing Matt does not see that as a problem continued good luck
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Post by afleischner on Feb 8, 2017 10:06:31 GMT -5
I will vote to block this with all my assets. If he does this it will only create many law suits
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Post by sportsrancho on Feb 8, 2017 10:15:06 GMT -5
I do not like it when somebody tries to take the letter or email that was between two parties and put it on the Internet. We all have to understand that is perhaps the main reason why we get very little written correspondence from MannKind. People complain all the time about the company transparency but when somebody writes to Matt and then post that directly to the Internet he will probably not respond again to anybody else. Matt properly responded with only what he can say..... name, rank, serial number. This was not the only letter. They wrote back and forth a few times and he only posted this one because he felt it would be ok and was relevant. |
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? By MATT ... in regards to the R/S
