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Post by akemp3000 on May 8, 2017 13:13:26 GMT -5
It's too early to say but it's possible Matt and management knew all along that a 5:1 R/S would be sufficient to keep the NASDAQ listing long enough to reset the clock and get MNKD to the point of finally sharing some seriously good news. The frustration with hearing "embarrassment of riches", "you'll thank me soon", "international deals are being pursued" and a few other teaser quotes have frankly been painful when followed by silence and a lower pps. Lately, we've seen an SEC filing relating to what would happen with a change in control, a new collaboration with One Drop, a possible rumor regarding a 10.5 ton shipment to Abu Dhabi, and increasing TV exposure in health segments in many cities. Add to this MNKD's persistent plans to move forward with new hires, TV commercials, a reality series, a label change and even JDRF and it may all finally add up to the turn we've been waiting years to see. Yes, scripts are flat and cash is low based on what we know publicly but let's hope it's MNKD's turn to make amends with an announcement or two and our turn to finally see some consistent green....all of which remains secondary to getting Afrezza in the hands of global diabetics.
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Post by promann on May 8, 2017 13:33:25 GMT -5
Akemp. Always refreshing to hear a positive logical spin on the happenings at MNKD. THANKS FOR THE GOOD READ..
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Post by victoria on May 8, 2017 14:04:18 GMT -5
Akemp. Always refreshing to hear a positive logical spin on the happenings at MNKD. THANKS FOR THE GOOD READ.. Just checked the share price: did a double take at least at the percentage rise. Personally I think Matt and Mike are rational people and have a basis for their actions and words, and that they give as accurate a picture as they can on the whole but that the best plans don't always work out. Or in our case generally don't usually work out... but we only need to get lucky once with one big idea... I think this is more than 'buy the rumour' I am optimistic.
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Post by dreamboatcruise on May 8, 2017 14:10:14 GMT -5
Akemp. Always refreshing to hear a positive logical spin on the happenings at MNKD. THANKS FOR THE GOOD READ.. It's positive, but I'm not sure there is any logic to it other than perhaps the idea that being hopeful makes one feel better. It's not illogical that there is always a possibility of something good we don't yet know about, but there is just as much a possibility something bad is in the works that we don't yet know about. Is there some logic I'm missing other than that good things are always theoretically possible?
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Post by dreamboatcruise on May 8, 2017 14:14:18 GMT -5
Akemp. Always refreshing to hear a positive logical spin on the happenings at MNKD. THANKS FOR THE GOOD READ.. Just checked the share price: did a double take at least at the percentage rise. Personally I think Matt and Mike are rational people and have a basis for their actions and words, and that they give as accurate a picture as they can on the whole but that the best plans don't always work out. Or in our case generally don't usually work out... but we only need to get lucky once with one big idea... I think this is more than 'buy the rumour' I am optimistic. It's a very volatile stock and price action isn't always rational. May well be a mini short squeeze. I can easily imagine this is purely rumor driven. We know there is belief by some in the rumor, and even if momentum shorts don't believe the rumor, it might be the wise move from risk perspective to step aside of the loaded spring for awhile.
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Post by promann on May 8, 2017 14:15:53 GMT -5
Akemp. Always refreshing to hear a positive logical spin on the happenings at MNKD. THANKS FOR THE GOOD READ.. It's positive, but I'm not sure there is any logic to it other than perhaps the idea that being hopeful makes one feel better. It's not illogical that there is always a possibility of something good we don't yet know about, but there is just as much a possibility something bad is in the works that we don't yet know about. Is there some logic I'm missing other than that good things are always theoretically possible? Wow you got me confused. This is logically coming from the green toad to try to spin a little negativity on a nice post.
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Post by dreamboatcruise on May 8, 2017 14:31:47 GMT -5
It's positive, but I'm not sure there is any logic to it other than perhaps the idea that being hopeful makes one feel better. It's not illogical that there is always a possibility of something good we don't yet know about, but there is just as much a possibility something bad is in the works that we don't yet know about. Is there some logic I'm missing other than that good things are always theoretically possible? Wow you got me confused. This is logically coming from the green toad to try to spin a little negativity on a nice post. I'm thrilled with the increase today, though, yes very skeptical as to whether it's sustainable and not just short squeeze reaction to a rumor that likely isn't real. If it really is sustained then I'll have made one of my best trades ever as I executed a strangle option position on Wed last week at what could be the all time low if we hold these gains (I posted that trade in one thread)... but I'm still quite skeptical. So, yes... I do try to inject some reality into thread and warn people not to risk what they cannot afford to lose given there is a real possibility MNKD doesn't avoid bankruptcy. But regarding this specific thread... my comment was a very legitimate question to you. I don't mind Akemp posting positive spin as he often does. At least there is some language in it indicating that it is merely hopeful speculation. I simply don't see any logic behind the positive spin other than that it is theoretically possible that something good will happen. If that was all the logic you were referring to, then I'm cool with that and agree it is possible.
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Post by sportsrancho on May 8, 2017 14:32:06 GMT -5
It's positive, but I'm not sure there is any logic to it other than perhaps the idea that being hopeful makes one feel better. It's not illogical that there is always a possibility of something good we don't yet know about, but there is just as much a possibility something bad is in the works that we don't yet know about. Is there some logic I'm missing other than that good things are always theoretically possible? Wow you got me confused. This is logically coming from the green toad to try to spin a little negativity on a nice post. He doesn't relize good news is leaking. It's very logically good news if the pps is going up:-) And things leak most if the time. It could move up for days before we find out what it's all about..
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Post by uvula on May 8, 2017 14:41:19 GMT -5
"Matt may have known all along". Whoa everyone. It is too early for us to start congratulating each other. We have had 1 good day. This has happened many times before and it usually turned out to be a short term speculative blip.
I hope this is the start of something good and long term. But it is just as likely for a few people to be playing with the stock price.
Tuesday and Wednesday will be interesting.
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Post by sportsrancho on May 8, 2017 14:47:30 GMT -5
"Matt may have known all along". Whoa everyone. It is too early for us to start congratulating each other. We have had 1 good day. This has happened many times before and it usually turned out to be a short term speculative blip. I hope this is the start of something good and long term. But it is just as likely for a few people to be playing with the stock price. Tuesday and Wednesday will be interesting. I'm not so sure Wed will be interesting. All go with around the shareholder meeting:-)
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Post by mnholdem on May 8, 2017 17:39:06 GMT -5
If it's "logic" that you're looking for, then consider this:
The one true piece of truth about MNKD for the past several years is that Wall Street is all about making money. Beginning will Goldman-Sacs pre-split target of $0.10/share MNKD has been in a continuous slide. I stated a few months ago that there are more fund managers who would like to start driving MNKD prices up, but that until there is news to justify upgrading MNKD, the share price would continue to slide.
Now, with some news emerging, fund managers have a bit of fuel to justify releasing target upgrades. The One Drop collaboration has potential, especially for marketing Afrezza to the lucrative Type 2 market. Wall Street may finally be starting to see the potential for growth. Of course, nothing will propel share price like sales, whether that is US sales or news of ex-US approval.
Many startup biotech companies seem to command decent market cap, even though the drugs in their pipelines haven't been FDA- or EMA approved. That because Wall Street also invests in POTENTIAL.
Wall Street managers have made a fortune by short-selling MNKD for the last few years. It's logical that they want to make another fortune driving the share price back up again. But they need the kind of news coming out of MannKind that indicates a very real potential for revenue and earnings growth.
The One Drop news is a start. Now let's announce the commencement of the pediatric trials and why not throw in an announcement that Pfeffer has secured an agreement with a BP for the development of MannKind's Epinephrine (TS).
Good fortune all.
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Post by falconquest on May 8, 2017 18:53:13 GMT -5
I'm still in the "show me" camp. Let's see what the share price is on Friday. If there is no significant news out of the shareholder meeting then this could tank just as quickly as it went up. We need basic fundamental growth not a deal that kinda sorta may lead to something potentially happening. If Mannkind can get sales moving this will be a great investment. In the mean time............show me!
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Post by akemp3000 on May 8, 2017 22:31:07 GMT -5
I'm still in the "show me" camp. Let's see what the share price is on Friday. If there is no significant news out of the shareholder meeting then this could tank just as quickly as it went up. We need basic fundamental growth not a deal that kinda sorta may lead to something potentially happening. If Mannkind can get sales moving this will be a great investment. In the mean time............show me! Fair enough. This is what we've been waiting on for years with many of us now expecting it to happen very soon. Maybe by Friday. Maybe not...but very soon. GL
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Post by slugworth008 on May 8, 2017 22:35:14 GMT -5
I'm still in the "show me" camp. Let's see what the share price is on Friday. If there is no significant news out of the shareholder meeting then this could tank just as quickly as it went up. We need basic fundamental growth not a deal that kinda sorta may lead to something potentially happening. If Mannkind can get sales moving this will be a great investment. In the mean time............show me! Fair enough. This is what we've been waiting on for years with many of us now expecting it to happen very soon. Maybe by Friday. Maybe not...but very soon. GL I would have preferred what we've been waiting on to have occurred before a 5 - 1 reverse split.
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Post by yash on May 8, 2017 22:52:05 GMT -5
Agree Slug. I hate RS.
My 6 figures loss can only be recovered back is at $37.
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