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Post by sportsrancho on Mar 8, 2017 17:57:17 GMT -5
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Post by kball on Mar 8, 2017 18:10:07 GMT -5
I thought it was VERY TO EXTREMELY POSSIBLE during that time.
Nothing to be ashamed of.
Way more ashamed of losing 75% of my investment.
Way more.
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Post by sportsrancho on Mar 8, 2017 18:19:35 GMT -5
I thought it was VERY TO EXTREMELY POSSIBLE during that time. Nothing to be ashamed of. Way more ashamed of losing 75% of my investment. Way more. kball, that would be like me DM'ing a short and telling him I knew we were getting bought out. I would never do that because something could derail it at the last moment. |
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Post by dreamboatcruise on Mar 8, 2017 19:18:54 GMT -5
It was good in the sense that it cleaned up the books a bit due to the settlement, but there wasn't much to it in terms of moving the company any closer to selling Afrezza. Here we are three months later and scripts are at the same place once again.
It was terrible in the sense that Matt also stuck his foot in his mouth yet again in stating that a R/S wasn't on the table at the moment, that he thought the settlement would handle the delisting issue, etc....and here we are three months later with a 5-1 R/S and a 25% drop in PPS and a CEO that had to eat crow because of his misguided beliefs. MNKD hasn't had a truly good conference call in years that has actually moved the stock upwards and kept it there. This may have been a literal statement....as in Matt simply moved the documents to a chair from the table when he said it HA! I thought I was bitter, but I stand in awe of your biting sarcasm  |
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Post by dreamboatcruise on Mar 8, 2017 19:32:31 GMT -5
I thought it was VERY TO EXTREMELY POSSIBLE during that time. Nothing to be ashamed of. Way more ashamed of losing 75% of my investment. Way more. kball, that would be like me DM'ing a short and telling him I knew we were getting bought out. I would never do that because something could derail it at the last moment. Though I think the context of talk of bankruptcy is a bit different. Implicit, or explicit in many cases, was the "unless something unexpectedly good happens". If you were DM'ing about an acquisition the only way it could even be to the standard of "unless something unexpectedly bad happens" would mean you likely would be guilty of insider trading or enabling it. Case in point right now... talk of acquisition is either pure speculation or informed by insider information that should not be disclosed. Talk of bankruptcy is a pure extrapolation of the known public information given by the company itself... in absence of dramatic changes in cash flow which not even the company is yet claiming will happen within the needed time frame, the company WILL need to raise capital and the ability to do that is in question. There is a reason that the accountants put a "going concern" warning in the financial statements without shame. I truly appreciate your posts so please don't take this criticism the wrong way. Perhaps you have in mind some specific posts. I am merely thinking of those of us in general that wish to keep some level of balance in discussions here that acknowledge the serious risk as well as the potential for large gain. I feel doing otherwise would be a disservice to those who may be considering putting their hard earned money into MNKD. Not to mention that if the talk of bankruptcy prevented someone from buying or even convinced a long to sell back before the Nov pleasant surprise... it actually did no harm, as that person can right now buy in at basically the lows of that time period. Would have saved them from 4 months of dead money. I would have a hard time working up any shame over that. I do feel some amount of guilt over convincing a family member and a friend to invest in MNKD at levels way above where we are now... so high they will almost certainly never be whole. |
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Post by kball on Mar 8, 2017 19:52:00 GMT -5
Yeah..I think its different too.
But couldn't put it as well as you did.
And I too am a fan of Sports
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Post by sportsrancho on Mar 8, 2017 19:59:19 GMT -5
Dream, that's fine. I was only talking about people who DM'd me or others. It just brought back some memories.
I don't know where the money is coming from to hire all these people. There could be many places. There could be dilution.
Someone DM'ing someone and telling them MNKD is going BK by a certain date sounds like they have inside info to me. I know quite a few people this happened to. And people who sold because of it. It just hurt my heart at the time. In the end we all have to except the consequences of our own decisions:-) GL
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Post by sportsrancho on Mar 8, 2017 20:22:59 GMT -5
I am merely thinking of those of us in general that wish to keep some level of balance in discussions here that acknowledge the serious risk as well as the potential for large gain. I feel doing otherwise would be a disservice to those who may be considering putting their hard earned money into .....
Balance? The board is overwhelming negative. And maybe rightly so but the balance needs to come from the bright side IMO:-)
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Post by peppy on Mar 8, 2017 20:26:19 GMT -5
sports, you and lianne are the most loved by us on the board.
You are the gal.
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Post by sportsrancho on Mar 8, 2017 20:27:46 GMT -5
sports, you and lianne are the most loved by us on the board. You are the gal. Love you guys! |
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Post by dreamboatcruise on Mar 9, 2017 12:33:56 GMT -5
I am merely thinking of those of us in general that wish to keep some level of balance in discussions here that acknowledge the serious risk as well as the potential for large gain. I feel doing otherwise would be a disservice to those who may be considering putting their hard earned money into ..... Balance? The board is overwhelming negative. And maybe rightly so but the balance needs to come from the bright side IMO:-) I see a very bright future, but with a big IF as an investment. I'm not a basher of management. Mistakes were definitely made in the past, but for current management that really means they've stepped into a very difficult financial situation. I thank them for their hard work and wish them well. Management must convince institutional investors of the future for Afrezza. There simply is no way this can be carried on the backs of retail investors. We can help promote Afrezza, and you've certainly contributed in that area... but I can't in good conscience recommend anyone invest in MNKD stock. IF the current incarnation of equity shares has a future, there will be ample opportunities to jump on the train. Yes I'm holding my shares for some reason in opposition to what I say... which is certainly irrational, and probably is annoying... like a drunk lecturing people at the bar about the evils of drinking. |
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Post by robsacher on Mar 10, 2017 12:55:32 GMT -5
I recall sending Charles information about Afrezza two or three years ago. He had never heard of it. He had posted something on his Twitter account about being diabetic. This could be really valuable. He's very popular.
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Post by robsacher on Mar 10, 2017 13:01:13 GMT -5
One good thing from the R/S is that there are now many fewer shares available for shorting. Management must know that 1:5 ratio would prevent further shorting which would drive the price below $1. I hope we are now stabilized. We should go up from here if Afrezza eventually sells...
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Post by orlon on Mar 10, 2017 13:04:51 GMT -5
A big if. Little effort to promote Afrezza on a nationwide basis bodes ill for success.
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Post by dreamboatcruise on Mar 10, 2017 13:11:46 GMT -5
One good thing from the R/S is that there are now many fewer shares available for shorting. Management must know that 1:5 ratio would prevent further shorting which would drive the price below $1. I hope we are now stabilized. We should go up from here if Afrezza eventually sells... I think the percent of float available for shorting is the key, not the absolute number of shares. An RS doesn't change the %. To the extent those willing to buy now are also willing to lend, the number of shares available to short is unlimited as the short, buy, loan, short cycle is something that can continue forever until either the buying or shorting camp is exhausted of their desire to participate. And right now we aren't at the nose bleed interest rates for loaned shares that have been hit in the past... a clear indication that RS did nothing to change the balance of demand for shorting vs supply of shares for loaning. Price (interest rate) = supply vs demand. |
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