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Post by sla55 on Aug 11, 2017 18:07:06 GMT -5
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Post by mnholdem on Aug 11, 2017 18:25:06 GMT -5
Footnote states the sale is to satisfy tax obligations on prior stock acquisitions.
Routine stuff but WS pundits set against MNKD will report it as if the insider sales is the CMO bailing.
Also routine. Wash. Rinse. Repeat.
Take note of those who report it this way. They're the ones most investors ignore.
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Post by akemp3000 on Aug 11, 2017 18:42:17 GMT -5
mnholdem...Isn't that the truth. I was thinking same. The pundits will declare the sale of shares by an officer is clearly an indication of impending doom. No doubt Ray Urbanski desperately needs the $340.40...296 shares at $1.15.
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Post by radgray68 on Aug 11, 2017 19:10:09 GMT -5
Footnote states the sale is to satisfy tax obligations on prior stock acquisitions. Routine stuff but WS pundits set against MNKD will report it as if the insider sales is the CMO bailing. Also routine. Wash. Rinse. Repeat. Take note of those who report it this way. They're the ones most investors ignore. You know they will be out on stocktwits, but then again, they never stop bashing over there. One interesting thing to me is I hear that our old buddy AF has opined on the recent buy rating. This is interesting to me because I have a theory that when he throws out a tweet about Mannkind, it's just a matter of a week or two before we get attacked by the shorts. This is just an observation, but we haven't even gone down at all since reporting a larger loss than Wallstreet was expecting. Now, it could be because of the guidance from a great conference call, it could be the increase in sales or it could be just because most of the U.S. is on vacation. However, I am willing to hold off purchasing any shares until I see a big pullback anyway. The shorts aren't going away quietly and AF might have just blown the short horn AWOOOOOO. I'll try to remember to say I told you so if my theory holds up. If it doesn't happen, I'll be just as happy.
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Post by thall on Aug 11, 2017 19:11:30 GMT -5
mnholdem...Isn't that the truth. I was thinking same. The pundits will declare the sale of shares by an officer is clearly an indication of impending doom. No doubt Ray Urbanski desperately needs the $340.40...296 shares at $1.15. I'm more concerned that he has only 3,000 shares left. Shouldn't that be more like 300,000 by now?
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Post by mnholdem on Aug 11, 2017 23:33:38 GMT -5
You must have forgotten about his Options-to-Buy, no?
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Post by brotherm1 on Aug 12, 2017 0:31:49 GMT -5
Under 296 is a (1) but I don't see a corresponding footnote for it.
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Post by brotherm1 on Aug 12, 2017 0:51:59 GMT -5
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Post by thall on Aug 12, 2017 8:03:38 GMT -5
You must have forgotten about his Options-to-Buy, no? A bird in the hand is more impressive than two in the bush. In the two years he's been there, he's collected $800,000 in salary plus whatever bonuses, yet he can't see fit to follow Mike's gesture of stepping up and buying a significant number of shares in the open market?
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Post by brewguy on Aug 12, 2017 11:29:00 GMT -5
mnholdem...Isn't that the truth. I was thinking same. The pundits will declare the sale of shares by an officer is clearly an indication of impending doom. No doubt Ray Urbanski desperately needs the $340.40...296 shares at $1.15. I'm more concerned that he has only 3,000 shares left. Shouldn't that be more like 300,000 by now? I agree. He was compensated nearly $1.3 million last year and only owns 3,000 shares or $3,000 invested in the company he heads. www1.salary.com/Raymond-Urbanski-M-D-Salary-Bonus-Stock-Options-for-MANNKIND-CORP.html
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Post by traderdennis on Aug 12, 2017 13:16:12 GMT -5
mnholdem...Isn't that the truth. I was thinking same. The pundits will declare the sale of shares by an officer is clearly an indication of impending doom. No doubt Ray Urbanski desperately needs the $340.40...296 shares at $1.15. The bigger issue is that the VP CMO only owns 2946 shares, or just over $3K. Looks like Ray has no confidence in the company. Plus it was released on a Friday afternoon at 7PM Eastern, so the company certainly was trying to hide the negative news.
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Post by sportsrancho on Aug 12, 2017 14:01:11 GMT -5
Footnote states the sale is to satisfy tax obligations on prior stock acquisitions. Routine stuff but WS pundits set against MNKD will report it as if the insider sales is the CMO bailing. Also routine. Wash. Rinse. Repeat. Take note of those who report it this way. They're the ones most investors ignore. You know they will be out on stocktwits, but then again, they never stop bashing over there. One interesting thing to me is I hear that our old buddy AF has opined on the recent buy rating. This is interesting to me because I have a theory that when he throws out a tweet about Mannkind, it's just a matter of a week or two before we get attacked by the shorts. This is just an observation, but we haven't even gone down at all since reporting a larger loss than Wallstreet was expecting. Now, it could be because of the guidance from a great conference call, it could be the increase in sales or it could be just because most of the U.S. is on vacation. However, I am willing to hold off purchasing any shares until I see a big pullback anyway. The shorts aren't going away quietly and AF might have just blown the short horn AWOOOOOO. I'll try to remember to say I told you so if my theory holds up. If it doesn't happen, I'll be just as happy. The last 3posts on here I just read on ST:-)
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Post by barnstormer on Aug 12, 2017 15:45:15 GMT -5
Seriously 2,900 shares is nothing and Ray hasn't delivered much so maybe he is moving on and being replaced by Mike by a real executive.
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Post by mnholdem on Aug 12, 2017 20:08:30 GMT -5
FYI:
Morningstar reports the CMO Dr. Raymond Urbanski currently has 767,788 MNKD security options. I recall that there is a vesting period before Ray can exercise his options.
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Post by traderdennis on Aug 12, 2017 23:05:20 GMT -5
FYI: Morningstar reports the CMO Dr. Raymond Urbanski currently has 767,788 MNKD security options. I recall that there is a vesting period before Ray can exercise his options. That does not answer the question. Most of the options are most likely out of the money. What the skeptics are saying is why hasn't someone who has received 1.2 Million dollars in compensation bought more stock on the open market. After the "fantastic" conference call, where are all of the form 4's with purchase from C level executives at Mannkind? 10K shares for most of the c levels is about a weeks pay. This would show a lot more confidence, and I would recommend that anyone sitting on the sidelines wait until you see Form 4's purchases before you sink more of your hard earned dollars gambling on MNKD.
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