|
Post by xanet on Oct 26, 2017 10:57:27 GMT -5
So I've got a limit order for $3.50 in through today. Anyone think it will get filled or will I need to change it to a market order about 15 minutes before the end of the day? I am still in the process of accumulating and averaging down. I wouldn't switch it to a market order. It could get executed at any price. If it's not filled and you want to buy, just change your limit price.
|
|
|
Post by joeypotsandpans on Oct 26, 2017 11:41:40 GMT -5
So I've got a limit order for $3.50 in through today. Anyone think it will get filled or will I need to change it to a market order about 15 minutes before the end of the day? I am still in the process of accumulating and averaging down. When I read these I always think of penny-wise/pound foolish....if it gets close to where you are comfortable entering and it's for the long term, why would you risk not securing your desired position over a penny or two? If you were trading tens of thousands of shares sure that would make a huge difference but if you're investing for the longer term and you're already thinking that you would just put a market order in prior to the close why sweat a penny or two...in the end if you believe the market will efficiently price/value the company at some point down the road then is the saving of .01-.05 really going to make a difference? Just my ".02"
|
|
|
Post by dh4mizzou on Oct 26, 2017 11:53:20 GMT -5
joey.
Point taken. Sometimes trying to be too fine in these things IS a detriment.
|
|
|
Post by mnkdfann on Nov 2, 2017 8:32:20 GMT -5
So I've got a limit order for $3.50 in through today. Anyone think it will get filled or will I need to change it to a market order about 15 minutes before the end of the day? I am still in the process of accumulating and averaging down. Hope your order went unfilled and you kept some powder dry. Today looks like an averaging down sort of day.
|
|
|
Post by factspls88 on Nov 2, 2017 8:40:01 GMT -5
So I've got a limit order for $3.50 in through today. Anyone think it will get filled or will I need to change it to a market order about 15 minutes before the end of the day? I am still in the process of accumulating and averaging down. Hope your order went unfilled and you kept some powder dry. Today looks like an averaging down sort of day. Seems like everyday is an averaging down sort of day. I hope Mike has some substantive news on the earnings call to turn this thing around.
|
|
|
Post by cretin11 on Nov 2, 2017 8:49:39 GMT -5
That's right, or else "better averaging days" are immediately ahead.
|
|
|
Post by dh4mizzou on Nov 2, 2017 8:55:07 GMT -5
So I've got a limit order for $3.50 in through today. Anyone think it will get filled or will I need to change it to a market order about 15 minutes before the end of the day? I am still in the process of accumulating and averaging down. Hope your order went unfilled and you kept some powder dry. Today looks like an averaging down sort of day. Thanks. I did change the order to $3.55 and it took 4 separate transactions to fill it.
|
|
|
Post by dh4mizzou on Nov 2, 2017 8:56:49 GMT -5
So I've got a limit order for $3.50 in through today. Anyone think it will get filled or will I need to change it to a market order about 15 minutes before the end of the day? I am still in the process of accumulating and averaging down. Hope your order went unfilled and you kept some powder dry. Today looks like an averaging down sort of day. As I stated in the previous thread entry it WAS filled after I changed the limit to $ 3.55. And I have some additional funds I am thinking about using but am pretty skittish right now.
|
|
|
Post by lakers on Nov 4, 2017 12:33:30 GMT -5
Nov. 2, 2017 1:22 p.m. ET MannKind’s Cash Runway Looks Too Short Maxim is disappointed in the amount of capital raised in an equity offering may not support the launch of Afrezza. MannKind (MNKD: Nasdaq) By Maxim Group ($3.17, Nov. 1, 2017) We are downgrading MannKind shares to Hold from Buy, and remove the $7 price target. We are disappointed in the amount of capital MannKind (ticker: MNKD) raised in an equity offering (about $58 million) as based on our assumptions, it does not provide adequate funds (to support the required marketing effort and time) to translate into meaningful signs that the launch of Afrezza will be successful. The hope had been with roughly $120 million, the company would be able to show enough share gains to project a robust launch trajectory, setting the stage for additional capital, but at a higher valuation. We now see the opposite position. Based on our calculations (we have consistently assumed), MannKind will spend just under $100 million per year for the next few years to support Afrezza. We estimate cash on the balance sheet of about $60 million at year end. Based on our model and assumptions, MannKind today has less than two operating quarters of cash. The weakness in the stock post-raise concerns us, in terms of the company’s ability to go back to the market on strong fundamental terms -- that is, the next raise will likely be dilutive. Most importantly, know that Afrezza is both a promotionally sensitive and an education-driven product. Changing user awareness and habits will take time. Our revenue forecast assuming MannKind has the needed capital to invest in marketing suggests break-even is possible by 2020. We assume MannKind will need to raise at least an additional $150 million-$300 million in capital before there is sufficient free cash flow to support operations. These factors, combined with a promotionally sensitive product that requires a lot of patient education and behavioral modifications, translate into gradual uptake. It will take time to change user habits, (we don’t expect quick market share gains), especially not in the early days of the launch. As such, the decision to raise just under $60 million (netting $57.7 million) puts the company in a precarious position. -- Jason Kolbert -- Jason McCarthy www.barrons.com/articles/mannkinds-cash-runway-looks-too-short-1509643365[Maxim wants to be selected or co-selected for the next cap raised?]
|
|
|
Post by lakers on Nov 9, 2017 1:47:24 GMT -5
|
|
|
Post by joeypotsandpans on Nov 10, 2017 11:48:22 GMT -5
|
|
|
Post by mnholdem on Nov 14, 2017 8:14:34 GMT -5
|
|
|
Post by babaoriley on Nov 14, 2017 12:01:11 GMT -5
Is that the bottom ranking, or is there a "very strong sell?" Or an "extremely strong sell?" Or how about a "get out now with your life?"
|
|
|
Post by xanet on Nov 14, 2017 12:19:51 GMT -5
Is that the bottom ranking, or is there a "very strong sell?" Or an "extremely strong sell?" Or how about a "get out now with your life?" Don't they use Engine ratings? So 5 Engine is "Your boat goes forward really fast," and 1 Engine (current rating) is "Your boat goes backward really fast." Either way, I wouldn't put a lot of stock in their valuation models at this stage in the life of MannKind.
|
|
|
Post by moeperkins on Dec 29, 2017 21:19:34 GMT -5
I bought today figured I'm in and what better time then to buy 1/4 of my holdings. All I need is 6.00 and I have my beach home, fishing palace, home away from home on the coast! Best lotto play around, scripts are coming up and new markets are coming in, I've got hope!
|
|