|
Post by babaoriley on Feb 7, 2017 13:23:19 GMT -5
3) Reverse split. DTC marketing launch. Sprinkle in a few surprises over the next quarter. Then, issue a rights offering to existing shareholders, similar to EYES. Consolidate holdings with those who will not tuck tail and run. If fate favors the bold, perhaps, MNKD can grow scripts until July 4th, 2018, until another cash raise is needed. If they can grow scripts, they can reward shareholders again. If not, it will be a race to the bottom of the dilution barrel. Seems they've shown boldness in the past... Not raising money when it would have been much easier on the assumption, presumably, that things were only heading up? The TASE gambit? IF, if there were some real likelihood of "surprises" that involved cash, it may be worth putting off a dilutive round. But I fear management has been too optimistic about possibilities in the past. It may seem that if you have multiple discussions about potential "surprises" going on, that statistics would kick in and something would come through. In my experience with trying to grow companies, often when you need it most is exactly when possibilities never transition to reality. It is hard to close deals from a position of perceived weakness... and potential partners will often gladly string you on. As the cash runway dwindles even the potential "surprises" can become less likely. Catch 22. I wouldn't presume to suggest a coarse of action for Mannkind since my visibility is very limited. However, my impression is that management has been overly optimistic in the past. "However, my impression is that management has been overly optimistic in the past." Or as I might have said it, "management has been about a third as optimistic as the consensus on ProBoards." Until more recently, anyway. Read more: mnkd.proboards.com/thread/7226/promann-stock-price-predictions#ixzz4Y1azRgIO
|
|
|
Post by kc on Feb 7, 2017 13:27:15 GMT -5
perhaps they have been inhaling something in their Technosphere and its not Afrezza. Since 2010 nothing easy has happened for MannKind. I guess if it does not kill you it will make your stronger. but enough is enough. Where is the white knight? So what you are saying is that THEY are REALLY much FURTHER ALONG with RLS than WE KNOW. Fantastic! I wish they were as I would ask them for a sample of whatever it might be. I need something recreational to ease my pain.
|
|
|
Post by promann on Feb 7, 2017 13:35:08 GMT -5
$10 by end of the year without a reverse split? Really? I don't believe that's in any way realistic. I'm doubtful MNKD will see $10 this year WITH a split, let alone without. 1) There will be a reverse split. It will likely occur at the maximum level, 10 to 1, to give MNKD the ability to suffer the inevitable price erosion that will occur after the split happens. The price will continue to sink into the .40s before the split occurs so we'll likely end up at a share price of $4 or so when its all said and done and the split occurs in March. After that, the share price will sink lower after the shorts and hedge funds jump in to drive the price down again and we'll probably be in the $3s within a couple of weeks after the split. 2) Assuming MNKD can actually begin selling Afrezza, which is yet to be seen, the price might stabilize enough to put a floor under it before it slowly starts to make its way upwards. Under best case scenarios, with a split, we would be lucky to see $7 to $8 and that's assuming there is no dilution, which is also very likely to occur later this year. Once dilution occurs, the possibility of current underwater shareholders being made whole again will fade to near zero. MNKD stock will go nowhere until it proves to the market that it can sell. So far, they've proven themselves to be incapable of doing that. Label will mean nothing, pipeline will mean nothing, and hiring will mean nothing and will do zero to move the share price of the stock. Only sales will do that and until MNKD has sales, the share price will continue to decline. We likely won't have sales for several months so stop expecting a quick turnaround. Your telling me to stop expecting a quick turn around...? I expect Sales to a profit for MNKD to happen this year I did not say anything about the next weeks. In my opinion I think MNKD will have a great turnaround in the next 2-6 months. And just like you have the right to say you think a lot of negative things are going to happen I have the right to say a lot of positive things are going to happen. So dont tell me to stop expecting a quick turn around I will think what I want Thank You..
|
|
|
Post by promann on Feb 7, 2017 13:44:09 GMT -5
Oh did I forget to mention that once Afrezza Starts selling like I think it will and Script numbers are exceeding expectations that the short interest will be gone and will be covering. I also think that will happen within 6 months. I wonder what that will do to the share price.. Good Luck to all longs!
|
|
|
Post by afrezza on Feb 7, 2017 13:58:32 GMT -5
I have seen many RS in the last 30 years of trading. After the split the stocks usually continue to go down 30-40 % with shortsellers all over it. So with a 1/10 split at 0.40 $ we are at 4$. Minus 40% equals 2.40$ . So it doesn't make sense to buy over 3$. As tempting as current levels are to buy more, we will see deeper all time lows during summer. After that I still believe in the success of Afrezza and still believe my other positions will turn green.... one day.
|
|
|
Post by dreamboatcruise on Feb 7, 2017 14:04:29 GMT -5
promann... certainly everyone has right to express opinion. However, I'd point out your expectations seem to outstrip what even management is saying about how long a turn around will take for Afrezza. One could argue they are underselling and hope to over deliver, but it would seem that would be a dangerous thing for them to be doing when facing delisting.
|
|
|
Post by afrezza on Feb 7, 2017 14:04:50 GMT -5
If they reverse split 1 for 10 then the stock I bought at 10 would be100. Then that money is gone forever.!!!!!!!!!!!!!!!! When we get bought out for 10B $ it doesn't matter. You will see your 100 $
|
|
|
Post by promann on Feb 7, 2017 14:05:19 GMT -5
I have seen many RS in the last 30 years of trading. After the split the stocks usually continue to go down 30-40 % with shortsellers all over it. So with a 1/10 split at 0.40 $ we are at 4$. Minus 40% equals 2.40$ . So it doesn't make sense to buy over 3$. As tempting as current levels are to buy more, we will see deeper all time lows during summer. After that I still believe in the success of Afrezza and still believe my other positions will turn green.... one day. when you say WE WILL SEE DEEPER ALL TIME LOWS DURING THE SUMMER is that just your opinion or your personal guess or do you know this for sure?
|
|
|
Post by cgiscgis on Feb 7, 2017 14:25:01 GMT -5
Why even propose a 1:3 R/S? Within a few days we would be again below $1 and would be delisted in 180 days! The board is full of @#$%.
|
|
|
Post by afrezza on Feb 7, 2017 14:25:49 GMT -5
...for sure... I wished I knew. Just want to you know what I have learned in 30 years. And most of the times it went like this. A RS is always horrible when you are invested already. My boat is packed with MNKD and I will use the opportunity to lower down, once my prediction happens.
|
|
|
Post by promann on Feb 7, 2017 14:38:53 GMT -5
...for sure... I wished I knew. Just want to you know what I have learned in 30 years. And most of the times it went like this. A RS is always horrible when you are invested already. My boat is packed with MNKD and I will use the opportunity to lower down, once my prediction happens. If you are so sure of your prediction then why don't you sell all your shares today and then short till your all time low prediction this summer and then cover and go long.. Why do you continue to be long ? It does not make any sense. If you believe what you are saying your crazy to be long.
|
|
|
Post by factspls88 on Feb 7, 2017 14:42:57 GMT -5
If they reverse split 1 for 10 then the stock I bought at 10 would be100. Then that money is gone forever.!!!!!!!!!!!!!!!! Please tell me you aren't being serious.
|
|
|
Post by dreamboatcruise on Feb 7, 2017 14:54:51 GMT -5
...for sure... I wished I knew. Just want to you know what I have learned in 30 years. And most of the times it went like this. A RS is always horrible when you are invested already. My boat is packed with MNKD and I will use the opportunity to lower down, once my prediction happens. If you are so sure of your prediction then why don't you sell all your shares today and then short till your all time low prediction this summer and then cover and go long.. Why do you continue to be long ? It does not make any sense. If you believe what you are saying your crazy to be long. I'm obviously not responding for another poster, but given that I tend to agree with his assessment I will chime in for why I have a rather large holding that I am not selling. I do believe the most likely course of action is that there will be RS, and possibly dilutive financing that would result in new lows. I'd be making up precision that simply doesn't exist if I claimed it was 60% likely or 90% likely, but I do believe it is more likely than not (given level of info we have). However, I do believe there is possibility that MNKD has some partnership or other event that would drive the share price up. That possibility combined with the rather irrational tendency that many have to hold onto losers hoping for a turn around, is why I hold rather than sell. If we do have a RS I may well buy some puts, which would be a hedge against fall in share price. Unfortunately at our current price, options aren't economically feasible for hedging downside risk... so one is stuck holding or selling.
|
|
|
Post by orlon on Feb 7, 2017 16:30:29 GMT -5
This whole argument becomes meaningless if AFREZZA does not gain traction. No sales=no revenue. Endo's are not backing Afrezza. With a reverse stock split...no sales=no revenue=lower sp below today's, and at some point bankruptcy or sale of the company. It won't be the first time a tremendous product has been sunk by big pharma or short sellers more interested in making money rather seeing the success of a potential life saving therapy. All of these arguments have been made before, and nothing has changed.
|
|
|
Post by lookingforlogic on Feb 7, 2017 16:43:27 GMT -5
Instead of r/s why don't we do the same what EYES just has done: issue nontransferable subscription rights to purchase units, composed of share of MNKD common stock and a five year warrant to……
EYES went up just today 80%….!
|
|