|
Post by op2778 on Feb 16, 2017 20:05:47 GMT -5
Kauai u have done What u feel to do. I think ppl need to respect others. Btw, i voted Against too
The reason: simple: i don't Trust Matt and BOD anymore. Answer to the obvious question: Why you don't sale If u don't trust Matt and BOD? Simple: i can afford to lose What i invested, so, I'll wait for a HAIL MARY or a PATRIOT comeback miracle.
If neither happen, I'll take My loss and That's it. Actually i invested in others CO that already make My loss in MNKD, so, i have time to wait.
Op
|
|
|
Post by beardawg on Feb 17, 2017 0:24:34 GMT -5
All I'm trying to convey is that IMO, the Shorts are going to chew the SP down much faster back to 0.50, then if we stay as is. Then what is my investment worth? $5K is what. Whereas, we seem to have found a bottom at the current 0.50's, which btw was sitting at 0.78 and heading north before all this r/s talk stated to heat up with that absolutely horrible CC a few weeks ago. If that happens, MNKD will be valued at ~ $25 Million. Do you really think the market values it that little? If they did, it would be there right now. But, right now it is valued at $250 million. That is a huge jump. I don't think you fully understand what a reverse split does and you are basing your decision off faulty information.
|
|
|
Post by majorwood on Feb 17, 2017 0:44:54 GMT -5
I voted Yes multiple times as i own more MNKD than most mortals and i own it in multiple accounts, Only mentally deficient souls would vote no.
|
|
|
Post by mytakeonit on Feb 17, 2017 2:06:10 GMT -5
Ha Ha Ha ... I love it. So, a sergeant was promoted to a major? I think we'll have a fun time waiting for script counts till the next quarterly.
Well I also have multiple accounts ... so, if this is a guy thing. You show me yours ... and I'll show you mine.
Think we'll be so rich in a short time ... that we'll have to fight to pay for the party tab. Aw heck ... let's just buy the Gambling Cowboy and be done with it.
|
|
|
Post by falconquest on Feb 17, 2017 5:50:26 GMT -5
All I'm trying to convey is that IMO, the Shorts are going to chew the SP down much faster back to 0.50, then if we stay as is. Then what is my investment worth? $5K is what. Whereas, we seem to have found a bottom at the current 0.50's, which btw was sitting at 0.78 and heading north before all this r/s talk stated to heat up with that absolutely horrible CC a few weeks ago. If that happens, MNKD will be valued at ~ $25 Million. Do you really think the market values it that little? If they did, it would be there right now. But, right now it is valued at $250 million. That is a huge jump. I don't think you fully understand what a reverse split does and you are basing your decision off faulty information. I fully agree with ilovekauai. The potential for the share price to fall significantly following a reverse is certainly more likely than the share price climbing by the same amount. This is exactly why I would like to hear a compelling reason to hold. Unless Nasdaq grants an extension Mannkind will have no choice but to undergo a reverse split, it's simply a function of time.
|
|
|
Post by nadathing on Feb 17, 2017 6:16:12 GMT -5
If a No vote would force them to sell the company I would vote No. I think the future of the company is dismal and selling it is better than liquidating it. Unfortunately, they must think that they can pull us out of the death rattle and will continue to insolvency.
|
|
|
Post by kball on Feb 17, 2017 8:33:48 GMT -5
Its starting to dawn on me theres some parallels between being a large longtime shareholder of Mannkind...
And being in Scientology
|
|
|
Post by mnkdfann on Feb 17, 2017 8:40:10 GMT -5
Its starting to dawn on me theres some parallels between being a large longtime shareholder of Mannkind... And being in Scientology Be careful, or the Church of Scientology might sue you for defamation and slander.
|
|
|
Post by myocat on Feb 17, 2017 10:49:34 GMT -5
Well, not all R/S are bad. I sold my DVAX soon after R/S and I kicked my nuts......
|
|
|
Post by steelers on Feb 17, 2017 11:16:37 GMT -5
i have 212k shares. still havent voted. probably will vote yes. I have written this off and if anything becomes of it I'll consider it a bonus at this point. A couple of side notes. My account is at UBS and they just asked if I would like to lend out my shares again although this time its only for a 7.9% interest rate (last time I lent them out for almost a year at a rate from 20-35%). They were returned about a month before the positive CC where Mannkind announced the improvement of the balance sheet situation (thats not a coincidence obviously somebody had inside info). Also I live in Vegas and asked my pharmacist last night about Afrezza. She said she has heard of it and knew some of the aspects of it but told me they have never filled a script yet (this is walgreens) and its expensive so I had better check with my insurance ( I am not a diabetic).
|
|
|
Post by MnkdWASmyRtrmntPlan on Feb 17, 2017 11:34:45 GMT -5
That's right mytake. I've given a lot of thought and almost bailed. I can't unload. Way too down so have to ride it out. I've been one of the biggest supporters of Afrezza on this board and elsewhere. I have been in with MNKD since before FDA approval. Losing Al Mann was hard on me, and this has pushed me just as hard. For better or worse, I'm here. May the Goddess help us all & the many diabetics around the globe who could benefit from this game changer, Afrezza. I'll tell you what Kauai, I was right where you are a few months ago. I bailed because I had another place to go with what little I had left and could no longer stomach losing money each day. Since then I have made a little back and look forward to much more. My own personal opinion here is; I don't see a reason to hold. The clock is ticking and I for one believe that de-listing is imminent. All this stuff about making your losses permanent are pointless in my opinion. If you sell and these are not retirement fund monies you'll get a tax write off and have a little left. I have seen too many companies where people hung on to the bitter end and lost everything. I really don't think that will happen here but I also don't see a reason to hold. If the reverse happens you could wait until the market shakes it out and get back in. If it doesn't happen and they finally get their act together you will see the turn around and you can get back in. So what if you pay three times as much. I would rather pay $1.50 for a stock trending up than to watch and see my nest egg dwindle to nothing. Please understand that this my own reasoning and what has worked for me. You must make your own choices. I could be entirely wrong. I would like to hear a valid argument for holding however.FQ, Compelling Reason/Valid argument for holding: That first Friday morning when Symphony script sales increases, SP shoots up, Shorts-squeeze, and that $1.50 SP (let alone 50 cents) can only be seen in the rear-view mirror. Then, you are faced with the question "do I buy back in now at $5.00, or wait until this short-squeeze dies off and hope for $2.00?" ( those dollar amounts do not factor in any RS and are strictly for illustrative purpose).
|
|
|
Post by agedhippie on Feb 17, 2017 12:02:47 GMT -5
I'll tell you what Kauai, I was right where you are a few months ago. I bailed because I had another place to go with what little I had left and could no longer stomach losing money each day. Since then I have made a little back and look forward to much more. My own personal opinion here is; I don't see a reason to hold. The clock is ticking and I for one believe that de-listing is imminent. All this stuff about making your losses permanent are pointless in my opinion. If you sell and these are not retirement fund monies you'll get a tax write off and have a little left. I have seen too many companies where people hung on to the bitter end and lost everything. I really don't think that will happen here but I also don't see a reason to hold. If the reverse happens you could wait until the market shakes it out and get back in. If it doesn't happen and they finally get their act together you will see the turn around and you can get back in. So what if you pay three times as much. I would rather pay $1.50 for a stock trending up than to watch and see my nest egg dwindle to nothing. Please understand that this my own reasoning and what has worked for me. You must make your own choices. I could be entirely wrong. I would like to hear a valid argument for holding however.FQ, Compelling Reason/Valid argument for holding: That first Friday morning when Symphony script sales increases, SP shoots up, Shorts-squeeze, and that $1.50 SP (let alone 50 cents) can only be seen in the rear-view mirror. Then, you are faced with the question "do I buy back in now at $5.00, or wait until this short-squeeze dies off and hope for $2.00?" ( those dollar amounts do not factor in any RS and are strictly for illustrative purpose). That's easy Wait for the short squeeze to pass and buy back in on the drop. Short squeezes are self-limiting, once the covering is over the demand drops back taking the price with it. Underlying trend is what matters and not the noise (up or down).
|
|
|
Proxy Vote
Feb 17, 2017 12:13:27 GMT -5
via mobile
Post by mnkdnewb on Feb 17, 2017 12:13:27 GMT -5
I'll tell you what Kauai, I was right where you are a few months ago. I bailed because I had another place to go with what little I had left and could no longer stomach losing money each day. Since then I have made a little back and look forward to much more. My own personal opinion here is; I don't see a reason to hold. The clock is ticking and I for one believe that de-listing is imminent. All this stuff about making your losses permanent are pointless in my opinion. If you sell and these are not retirement fund monies you'll get a tax write off and have a little left. I have seen too many companies where people hung on to the bitter end and lost everything. I really don't think that will happen here but I also don't see a reason to hold. If the reverse happens you could wait until the market shakes it out and get back in. If it doesn't happen and they finally get their act together you will see the turn around and you can get back in. So what if you pay three times as much. I would rather pay $1.50 for a stock trending up than to watch and see my nest egg dwindle to nothing. Please understand that this my own reasoning and what has worked for me. You must make your own choices. I could be entirely wrong. I would like to hear a valid argument for holding however.FQ, Compelling Reason/Valid argument for holding: That first Friday morning when Symphony script sales increases, SP shoots up, Shorts-squeeze, and that $1.50 SP (let alone 50 cents) can only be seen in the rear-view mirror. Then, you are faced with the question "do I buy back in now at $5.00, or wait until this short-squeeze dies off and hope for $2.00?" ( those dollar amounts do not factor in any RS and are strictly for illustrative purpose). Perfect example of what I said yesterday that was deleted for some reason. This post is has no logic behind it and has been said for years now. Wake up!
|
|
|
Post by me on Feb 17, 2017 12:45:36 GMT -5
Ha Ha Ha ... I love it. So, a sergeant was promoted to a major? Maybe his first name is Sergeant?
|
|
|
Post by akemp3000 on Feb 17, 2017 13:19:58 GMT -5
...Btw, i voted Against too The reason: simple: i don't Trust Matt and BOD anymore... Op I respect everyone's opinion to vote however they choose. That said, I'm curious as to what is the desired end game or hoped for result by voting no for the reason stated..."I don't trust Matt and BOD anymore"? Is this simply a protest vote with no real purpose? Is it the hope that many others vote no also? If so, I'm respectfully, asking what is desired result from those voting no.
|
|