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Post by dreamboatcruise on Mar 6, 2017 12:46:40 GMT -5
This is what happens with a RS. And you're right it hasn't failed yet. I don't think it will go below 1.30 So do you question why Nate would add to both his positions pre r/s ? YES... that certainly made me question Nate's investing wisdom.
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Deleted
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Post by Deleted on Mar 6, 2017 12:48:01 GMT -5
So do you question why Nate would add to both his positions pre r/s ? He expected extension. No he didn't. Are you serious?
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Post by almannlives on Mar 6, 2017 12:49:31 GMT -5
Position of strenght what a joke
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Post by sportsrancho on Mar 6, 2017 12:49:59 GMT -5
So do you question why Nate would add to both his positions pre r/s ? He expected extension. He did? I thought he wanted the 1-10. Tell me more:-)
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Post by peppy on Mar 6, 2017 12:50:57 GMT -5
we know the reverse split did not come from a position of financial strength. The strength is Afrezza insulin works better than subq fast acting. The physicians? The world can see afrezza works well on the monitors, so what really is going on here? David and Goliath.
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Post by babaoriley on Mar 6, 2017 12:58:42 GMT -5
"The world can see afrezza works well on the monitors, so what really is going on here? David and Goliath."
You're absolutely right, peppy, but sometimes, the stone goes "wide right" and you can imagine what happens next.
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Deleted
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Post by Deleted on Mar 6, 2017 13:06:09 GMT -5
So do you question why Nate would add to both his positions pre r/s ? Yes I did:-) I found it strange. The RS was the only thing we haven't agreed on. Are you going to trade this? Where would you buy? I own some shares but not many. I am currently not thinking about trading mnkd. I am not sure if I would add to my position.
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Post by Deleted on Mar 6, 2017 13:08:48 GMT -5
So do you question why Nate would add to both his positions pre r/s ? YES... that certainly made me question Nate's investing wisdom. He is keeping that news letter going!
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dang
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Post by dang on Mar 6, 2017 13:30:06 GMT -5
All I know is what I don't know... I don't understand how this stuff works and I bought into Mannkind and Al because of the man and the idea. I have come to terms with the fact that I will probably lose all my investment.
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Post by slugworth008 on Mar 6, 2017 13:36:37 GMT -5
it will hold.. each day will be less and less with some up days in between. Let's hope so gambler - It ain't very pretty at the moment.
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Post by dreamboatcruise on Mar 6, 2017 13:40:02 GMT -5
we know the reverse split did not come from a position of financial strength. The strength is Afrezza insulin works better than subq fast acting. The physicians? The world can see afrezza works well on the monitors, so what really is going on here? David and Goliath. The world actually isn't watching any of those monitors. The people following those users' posting CGM screens are us and basically no one else.
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Post by careful2invest on Mar 6, 2017 13:40:52 GMT -5
It will be a failure if we go under $1 in 10 days from split, no? I didn't even think about that until someone mentioned it in another thread. Yes if that occurs, the rs would be a huge failure but how can you blame management for the sell off at that point The blame on MNKD Management goes way back! You can blame management for being totally silent and not being proactive in promoting or defending AFREZZA over the last two plus years!! Thats how!
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Post by dreamboatcruise on Mar 6, 2017 13:43:36 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% This is what happens with a RS. And you're right it hasn't failed yet. I don't think it will go below 1.30 It would be nice if you had some technical analysis or historical data regarding reverse splits supporting this $1.3 low thesis. I think I'll just imagine you do rather than asking and risk disappointment
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Post by wgreystone on Mar 6, 2017 13:48:17 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% The problem with the current management team is they are never prepared for the worst case scenario. Since the R/S is to prevent delisting, why not choosing 10:1? Same for the stock offering. They had a lot of debt and didn't even bother to raise some money while SP was at $10. Same for the Afrezza pricing...
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Post by kbrion77 on Mar 6, 2017 13:48:53 GMT -5
I didn't even think about that until someone mentioned it in another thread. Yes if that occurs, the rs would be a huge failure but how can you blame management for the sell off at that point You can blame management for being totally silent and not being proactive in promoting AFREZZA over the last two plus years!! Thats how! Woah wait a minute. But I've been reading here the last 2 years that MNKD/SNY and MNKD were intentionally holding back Afrezza until the "pieces were in place". Sorry I just need a laugh today my portfolio is in shambles.
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