|
|
Post by BD on Jun 17, 2014 9:28:28 GMT -5
Seems like a good time to start a thread dedicated to partnership discussion and rumors/news. Beginning with:
10:24 EDT MNKD theflyonthewall.com: MannKind says partnership deal could come 'days or months' after PDUFA
MannKind CFO Matthew Pfeffer repeated that the company is in talks with potential commercialization partners for Afrezza, but says its "hard to say" how long after Afrezza's PDUFA date that a partnership deal could be announced. Pfeffer said an announcement could come "days" after the PDUFA or it could take "months." Pfeffer says at least one partner it is talking with is discussing "more of a profit sharing arrangement" than a licensing deal. MannKind CFO Matthew Pfeffer is speaking at the Wells Fargo Healthcare conference. :theflyonthewall.com
|
|
|
|
Post by otherottawaguy on Jun 17, 2014 9:36:34 GMT -5
I assume this came from todays investor conference?
OOG
|
|
|
|
Post by garrett on Jun 17, 2014 9:41:27 GMT -5
Yes it was. I am glad it was Matt only today - his comments seem to keep the stock stable. One important point made by Matt was a likely partner will not be a competitor (a producer of prandial insulin)
|
|
|
|
Post by mannmade on Jun 17, 2014 10:11:23 GMT -5
Am hearing Partnership could now be days to months from PDUFA and that could be anytime between today AH and July 15th as previously scheduled... We may be heading into the "Perfect Storm" for an epic short squeeze... although I must admit I have never been involved in one... but the possibility is quite enticing to think about... And what if this is the ole master at work setting the trap... Just some fun thoughts...  |
|
|
|
Post by BD on Jun 17, 2014 10:37:29 GMT -5
Having been along for the ride on several GMCR short squeezes, I'm definitely looking forward to the MNKD one. The biggest mistake I made in my first squeeze was to start selling too soon. There are "waves", and in my personal experience, it's a good idea to wait for at least 3 waves of buying before starting to think about getting too clever with the trading. But that is JMHO.
Oh, and be careful not to have limit sell orders in (ostensibly to reduce lending of shares, although opinions vary on how effective that strategy is) at what used to be "sky high prices" because those prices come down to Earth fast during a squeeze, and you may get shares sold before you really want to.
|
|
|
|
Post by kc on Jun 17, 2014 11:10:07 GMT -5
BD explain your three waves of buying. As I might want to buy some more shares.
|
|
|
|
Post by BD on Jun 17, 2014 11:44:54 GMT -5
There are no specific technicals, and "three" is a seat-of-the-pants number... but for a current example, take a look at the SCTY chart for today. The first wave took it to 61, it consolidated, and now it looks like it's still basically in the second wave. Let's see what happens there!
|
|
|
|
Post by mdcenter61 on Jun 17, 2014 12:02:25 GMT -5
When Matt mentions the "profit sharing" possible type arrangement, it really shapes up more to me that the partner(s) would have the rights to market Afrezza with Mannkind retaining the exclusive manufacturing rights at some sort of predetermined profit amount. Ready for some real news!!!!
|
|
|
|
Post by BD on Jun 17, 2014 14:48:43 GMT -5
BD explain your three waves of buying. As I might want to buy some more shares. OK, so again using SCTY as an example, here's the daily chart: Attachment DeletedI've market what look like my "3 waves". If I'd just ridden this squeeze, I would be starting to take some profits now. Definitely not all! Maybe taking 20% off? |
|
