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Post by falconquest on Feb 10, 2017 20:33:57 GMT -5
And I completely get it Sports but the bottom line is, feel good isn't putting money in your pocket. Isn't that the point of an investment? That GM car could be the most awesome ride on the planet but it doesn't mean a thing if no one buys it and you're an investor trying to make money from it.
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Tinkerbell
Researcher
Watcher of the Skies
Posts: 143
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Post by Tinkerbell on Feb 10, 2017 20:40:36 GMT -5
My reason for holding despite the paper losses is simple-my expectations for a decent return is always 5yrs following a drug's approval and that's without a debacle a la Sanofi. So my timeline has shifted to 2021. Simple and to the point. The rest is poppycock and no, neither Mannkind nor Afrezza will disappear anytime soon.
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Post by careful2invest on Feb 10, 2017 20:42:40 GMT -5
Two reasons... 1) In too deep to sell now. 2) I still believe that AFREZZA is a Revolutionary treatment for Diabetes. Placed in no particular order. GLTA TRUE LONGS! .....and I completely agree with you on point #2. Reason #1 is a fallacy. You still have some value left right? Then why not sell and move those funds into something that offers a return? You will know when/if Mannkind turns around and you can always get back in. I'm not encouraging selling so much as I would like someone to express a plausible argument for holding. In reference to #1, if GM spent $2B dollars developing the best automobile the world has ever seen and no one bought it what would you have? An Edsel! My loss right now is only on paper. If I sell, then the loss is solidified. Timing for reentry into a stock like MNKD is too risky because at any given moment, any positive announcement could move the pps into the stratosphere. (reference Pharmacyclics PCYC) How many stocks have you heard about after they soared? And wished that you would have purchased before hand? After seven years of holding and adding to my position in MNKD, I for one, will not take the chance at this, the ninth inning of the game! And for the record, Ford made the Edsel. Named after Henry Fords son, Edsel Ford. GLTA TRUE LONGS!
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Post by sportsrancho on Feb 10, 2017 20:56:02 GMT -5
And I completely get it Sports but the bottom line is, feel good isn't putting money in your pocket. Isn't that the point of an investment? That GM car could be the most awesome ride on the planet but it doesn't mean a thing if no one buys it and you're an investor trying to make money from it. Tell the patients and sales will come! Just saying, most of the Endo's that are into Afrezza are T1's and use it. To the others it's just another drug. 2 or 3 patients asking for the same thing and they start to notice.
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Post by falconquest on Feb 10, 2017 21:02:28 GMT -5
I can understand Tinkerbell's strategy. Hold 5 years after approval regardless. As long as you're willing to lose that money then that is a rational strategy. It isn't about who made the Edsel, it was an example.....call it a XZ7R, the argument is the same. All I am trying to do is point out that there are those who keep creating these delusional theories about an, dare I say it, epic turn around when there isn't one. Mannkind is going to have to slog through the marketing process and hopefully do it in a timeframe whose success matches available cash. That has nothing to do with how awesome the drug is, it is simply a fact.
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Post by slugworth008 on Feb 10, 2017 21:05:54 GMT -5
Oh my god! There I even spelled it out for you. This board has become completely delusional. Allow me to lay some facts out for you..... 1. The stock faces de-listing and management has put you on notice they may have to execute a reverse split. 2. All efforts to sell product to date have not worked. 3. Believing that some miracle will happen and the share price will magically double and avoid de-listing is very unlikely. Why can't people come to grips with reality instead of creating some delusional theory that good times are just around the corner. There ain't no corner okay? If Mannkind doesn't start to sell product then Afrezza will be gone or at least only hang on in some diminished "niche" manner when someone picks it up for next to nothing. I would like someone to make a serious case for holding at this point. No, not some sort of "I believe and I'm not selling' crap, I would like to hear a plausible case made for continuing to hold Mannkind shares. If you are honest with yourself, do you really believe the share price will go up soon? I ditto careful2invest.
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Post by falconquest on Feb 10, 2017 21:10:18 GMT -5
And my thesis is, there is no rapid turn around here. I can't help but feel that groupthink has taken over a majority of this board. I'll save you the effort. en.wikipedia.org/wiki/Groupthink
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Post by peppy on Feb 10, 2017 21:20:59 GMT -5
And my thesis is, there is no rapid turn around here. I can't help but feel that groupthink has taken over a majority of this board. I'll save you the effort. en.wikipedia.org/wiki/GroupthinkSo you want us to change are minds and do what exactly?
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Post by sportsrancho on Feb 10, 2017 21:24:58 GMT -5
And my thesis is, there is no rapid turn around here. I can't help but feel that groupthink has taken over a majority of this board. I'll save you the effort. en.wikipedia.org/wiki/Groupthink I get it. There is really more short than long though. And group think is exactly what Nate says about the short cult. Not at all saying you are short. Did not mean it that way. Sorry if it came off that way:-)
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Post by falconquest on Feb 10, 2017 21:32:04 GMT -5
Peppy, It's not that I want you to "do" anything in particular. I moved on and fortunately made a good chunk of change this week which is so refreshing compared to sitting around here waiting for something to happen (that never does). All I am doing is trying to get people to think. I really don't care what you do but when I come here and read crap like this....
" all the ducks are in a row....MNKD does not want to create demand for Afrezza until the duck pond is drained all of predators. Is this not obvious to everyone? How can you create demand with a new universal product IF you do not advertise it? The answer is" "You can't." Therefore if you know this and I know this and it is practically common sense even to all the village idiots why doesn't MNKD know this. The answer is "They do."
.....then I just shake my head and wonder what has happened to this board. It seems to have become more of a "club" atmosphere in which all the members console each other that the silver lining is just about here. Well, I would much rather hear rational, plausible strategies for making money rather than "feel good" stuff.
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Post by falconquest on Feb 10, 2017 21:34:25 GMT -5
And my thesis is, there is no rapid turn around here. I can't help but feel that groupthink has taken over a majority of this board. I'll save you the effort. en.wikipedia.org/wiki/Groupthink I get it. There is really more short than long though. And group think is exactly what Nate says about the short cult. Not at all saying you are short. Did not mean it that way. Sorry if it came off that way:-) Sports, If you are saying there are more short sellers than long holders then I don't agree. I don't know the exact numbers off the top of my head but I don't believe your statement is accurate.
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Post by peppy on Feb 10, 2017 21:38:46 GMT -5
And my thesis is, there is no rapid turn around here. I can't help but feel that groupthink has taken over a majority of this board. I'll save you the effort. en.wikipedia.org/wiki/Groupthink I get it. There is really more short than long though. And group think is exactly what Nate says about the short cult. Not at all saying you are short. Did not mean it that way. Sorry if it came off that way:-) OK, I looked. Mine was not so much group think as eye balls. It was my think. When my eyeballs saw the continuing glucose monitors and the possible price inverted. MNKD response to the ADA the Sanofi deal seem to be taking off. It was my eye balls that did this to me. The continuing glucose monitors. twitter.com/hashtag/afrezza
The continuing glucose monitors continue to show superior glucose control. woo is me. And then there is my high horse. How stupid are we that we are not allowed see?
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Post by sportsrancho on Feb 10, 2017 21:40:30 GMT -5
I get it. There is really more short than long though. And group think is exactly what Nate says about the short cult. Not at all saying you are short. Did not mean it that way. Sorry if it came off that way:-) Sports, If you are saying there are more short sellers than long holders then I don't agree. I don't know the exact numbers off the top of my head but I don't believe your statement is accurate. I meant on here. But just a guess. Or more negative than positive.
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Post by falconquest on Feb 10, 2017 21:43:07 GMT -5
I get it. There is really more short than long though. And group think is exactly what Nate says about the short cult. Not at all saying you are short. Did not mean it that way. Sorry if it came off that way:-) OK, I looked. Mine was not so much group think as eye balls. It was my think. When my eyeballs saw the continuing glucose monitors and the possible price inverted. MNKD response to the ADA the Sanofi deal seem to be taking off. It was my eye balls that did this to me. The continuing glucose monitors. twitter.com/hashtag/afrezza
The continuing glucose monitors continue to show superior glucose control. woo is me. And then there is my high horse. How stupid are we that we are not allowed see?
I completely agree with you........but they still need to sell it! It works better than anything else out there.....but they still need to sell it, and have the money to keep operating until break even. BTW, thanks for supporting #nasty women!
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Post by peppy on Feb 10, 2017 21:43:35 GMT -5
Peppy, It's not that I want you to "do" anything in particular. I moved on and fortunately made a good chunk of change this week which is so refreshing compared to sitting around here waiting for something to happen (that never does). All I am doing is trying to get people to think. I really don't care what you do but when I come here and read crap like this.... " all the ducks are in a row....MNKD does not want to create demand for Afrezza until the duck pond is drained all of predators. Is this not obvious to everyone? How can you create demand with a new universal product IF you do not advertise it? The answer is" "You can't." Therefore if you know this and I know this and it is practically common sense even to all the village idiots why doesn't MNKD know this. The answer is "They do." .....then I just shake my head and wonder what has happened to this board. It seems to have become more of a "club" atmosphere in which all the members console each other that the silver lining is just about here. Well, I would much rather hear rational, plausible strategies for making money rather than "feel good" stuff. falcon, he is new on the board, bought around here. loading. I am hurting more than he is. What I should have thought when I saw the continuing glucose monitors, is, wow, this is too good to be true. this will never be allowed to happen.
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