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Post by orlon on Feb 10, 2017 14:41:04 GMT -5
So sad to see the markets soaring, new highs established, and MNKD languishing in the bowels of the forgotten. I also noticed short interest increased by two million...perhaps those who have lent shares out, received dividends, purchased additional shares, and lent the out as well. I've read posts about the pros and cons of a reverse split, the whys and why nots of TV ads, and how the company is running out of cash...although they keep hiring at the top end of the scale. I think it was the American Steamboat Co that failed to turn a profit, gave themselves bonuses, and hired a few top execs just before they folded their tent leaving stockholders holding the bag. I'm seeing a trend along those lines with MNKD...no sales, no revenue, reverse split on the horizon, hiring Amgen execs, and promising a turnaround any time now. I still keep my fingers crossed for a miracle and remind myself why I bought this stock in the first place. Like the Cubs and Red Sox after long droughts and saying 'maybe next year,' their ship finally came in. I just hope I'm still alive to see MNKD's ship come in.
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Post by babaoriley on Feb 10, 2017 14:51:54 GMT -5
orlon, if they were going to take the last monies in the coffers to line their own pockets, why would they be hiring more pockets to line?
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Post by kc on Feb 10, 2017 15:30:19 GMT -5
So sad to see the markets soaring, new highs established, and MNKD languishing in the bowels of the forgotten. I also noticed short interest increased by two million...perhaps those who have lent shares out, received dividends, purchased additional shares, and lent the out as well. I've read posts about the pros and cons of a reverse split, the whys and why nots of TV ads, and how the company is running out of cash...although they keep hiring at the top end of the scale. I think it was the American Steamboat Co that failed to turn a profit, gave themselves bonuses, and hired a few top execs just before they folded their tent leaving stockholders holding the bag. I'm seeing a trend along those lines with MNKD...no sales, no revenue, reverse split on the horizon, hiring Amgen execs, and promising a turnaround any time now. I still keep my fingers crossed for a miracle and remind myself why I bought this stock in the first place. Like the Cubs and Red Sox after long droughts and saying 'maybe next year,' their ship finally came in. I just hope I'm still alive to see MNKD's ship come in. One day MannKind will be flying high like the market is today. Until then I am thankful that my other investments are flying upwards it takes the pressure off of my MannKind investment.
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Post by mnkdfann on Feb 10, 2017 16:30:16 GMT -5
My last purchase was at 0.64. I'm thankful I sold a day or two before the last CC around at 0.71 and 0.65.
I'm pretty sure that now I have disclosed I am out (and waiting for a new entry point) that next week MNKD will take off like a rocket shot to the moon.
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