|
|
Post by hellodolly on Dec 8, 2017 7:05:54 GMT -5
Todays script numbers are showing a sharp increase in refills 227 v 161. With the shortened week last reporting period, this looks like the refills are starting to rise as well. With the approval of the shelf offering and additional money pending, coupled with higher lows trending for several months and a new rise in refills, only time will tell if MNKD can meet their guidance numbers. I don't care if they overshot this time...it's all coming together and WS will reward investors for their decisions. The PLAN is being executed and it is beginning to run the marathon with better predictability. Those in short positions are playing dangerously. When the switch is turned on...well, we know the obvious.
TRX 474 (360)
NRX 247 (199)
Refills 227 (161)
TRX$ 543k (426k)
Source: mnkd.proboards.com/thread/2679/symphony-script-data#ixzz50faulqx3
Best regards!
|
|
|
|
Post by casualinvestor on Dec 8, 2017 11:54:14 GMT -5
Even with the Thanksgiving slump, refill growth has been taking off recently. 4 week average #'s
8/18 - 9/8 162/week
9/15 - 10/6 182/week
10/13 - 11/3 183/week
11/10 - 12/1 200/week
|
|
|
|
Post by dreamboatcruise on Dec 8, 2017 12:38:10 GMT -5
Todays script numbers are showing a sharp increase in refills 227 v 161. With the shortened week last reporting period, this looks like the refills are starting to rise as well. With the approval of the shelf offering and additional money pending, coupled with higher lows trending for several months and a new rise in refills, only time will tell if MNKD can meet their guidance numbers. I don't care if they overshot this time...it's all coming together and WS will reward investors for their decisions. The PLAN is being executed and it is beginning to run the marathon with better predictability. Those in short positions are playing dangerously. When the switch is turned on...well, we know the obvious.
TRX 474 (360)
NRX 247 (199)
Refills 227 (161)
TRX$ 543k (426k)
Source: mnkd.proboards.com/thread/2679/symphony-script-data#ixzz50faulqx3
Best regards!
To which additional money are you referring? |
|
|
|
Post by cretin11 on Dec 8, 2017 12:38:35 GMT -5
"Taking off" might be too strongly worded, but at least it's creeping in the right direction.
|
|
|
|
Post by hellodolly on Dec 8, 2017 14:15:30 GMT -5
To which additional money are you referring?Shelf |
|
|
|
Post by dreamboatcruise on Dec 8, 2017 14:28:16 GMT -5
To which additional money are you referring?Shelf The authorization up for vote really isn't a shelf registration, and it certainly isn't somehow magical money. There is no money pending that management has talked of. Investors must be found before money comes in. There is dispute over how many shares should be authorized, but authorizing shares should have been a no brainer (would have been if not for MNKD's history and the magnitude they went for). Most companies that have financial problems have shares authorized but just can't find buyers for the shares. You're certainly engaging in counting chickens before they've hatched if you think authorizing shares somehow assures funding will come in. |
|
|
|
Post by hellodolly on Dec 11, 2017 7:32:03 GMT -5
The authorization up for vote really isn't a shelf registration, and it certainly isn't somehow magical money. There is no money pending that management has talked of. Investors must be found before money comes in. There is dispute over how many shares should be authorized, but authorizing shares should have been a no brainer (would have been if not for MNKD's history and the magnitude they went for). Most companies that have financial problems have shares authorized but just can't find buyers for the shares. You're certainly engaging in counting chickens before they've hatched if you think authorizing shares somehow assures funding will come in. By your view of the authorization, it's an exercise in futility? You seem certain, by your responses related to this authorization to all postings, that nothing is certain. You are preaching to the choir and stating the obvious. I'd like to see you post your thoughts on what you believe is going to happen with the authorization and then let's see who is right? Fair enough? |
|
|
|
Post by dreamboatcruise on Dec 11, 2017 14:20:58 GMT -5
The authorization up for vote really isn't a shelf registration, and it certainly isn't somehow magical money. There is no money pending that management has talked of. Investors must be found before money comes in. There is dispute over how many shares should be authorized, but authorizing shares should have been a no brainer (would have been if not for MNKD's history and the magnitude they went for). Most companies that have financial problems have shares authorized but just can't find buyers for the shares. You're certainly engaging in counting chickens before they've hatched if you think authorizing shares somehow assures funding will come in. By your view of the authorization, it's an exercise in futility? You seem certain, by your responses related to this authorization to all postings, that nothing is certain. You are preaching to the choir and stating the obvious. I'd like to see you post your thoughts on what you believe is going to happen with the authorization and then let's see who is right? Fair enough? I think the authorization will pass. As for what the shares might be used for, management said very little about that, so there is little I would have to have a "belief" about it. I could make up something positive in my mind and start believing it but that I'd say is really a "wish", or I could imagine something negative and that would be a "fear". Those would not be informed rational beliefs. Though I guess my one prediction is that shorts will be using the magnitude of the authorization to suggest that massive dilution is still in our future, and the overhang of such will depress the share price below where it otherwise would have been (though this part is somewhat untestable prediction since we don't have a way of comparing what does happen to what would have happened if they say had only authorized 40M shares). No it isn't an exercise in futility, but it certainly isn't in itself raising money. Think of it like ordering checks from the bank when you run out. It's necessary to have them to conduct your financial transactions (or at least back in the olden days it was necessary), but the checks themselves do not mean money appears in your bank account. |
|
|
|
Post by hellodolly on Dec 12, 2017 6:47:29 GMT -5
By your view of the authorization, it's an exercise in futility? You seem certain, by your responses related to this authorization to all postings, that nothing is certain. You are preaching to the choir and stating the obvious. I'd like to see you post your thoughts on what you believe is going to happen with the authorization and then let's see who is right? Fair enough? I think the authorization will pass. As for what the shares might be used for, management said very little about that, so there is little I would have to have a "belief" about it. I could make up something positive in my mind and start believing it but that I'd say is really a "wish", or I could imagine something negative and that would be a "fear". Those would not be informed rational beliefs. Though I guess my one prediction is that shorts will be using the magnitude of the authorization to suggest that massive dilution is still in our future, and the overhang of such will depress the share price below where it otherwise would have been (though this part is somewhat untestable prediction since we don't have a way of comparing what does happen to what would have happened if they say had only authorized 40M shares). No it isn't an exercise in futility, but it certainly isn't in itself raising money. Think of it like ordering checks from the bank when you run out. It's necessary to have them to conduct your financial transactions (or at least back in the olden days it was necessary), but the checks themselves do not mean money appears in your bank account. DB - Thanks for the reply. Once the 'checks' do arrive, I'd like to hypothesize that Mike will make those payable to be used for raising capital, available for equity investment by a potential partner, fund future studies for TS applications and place MNKD in a position of strength, as these all have a direct link to future growth and income. This one vote will make or break MNKD and in the future, investors can look back and remember this transaction as being just as important as the FDA approval of Afrezza. Strange to say ALL THAT, but the fact of the matter is these are tough times and call for tough decisions.
In the end, if (belief) all goes as strategically planned, shorts can only depress the share price for so long before the scales reach their tipping point. From the trends that have begun to take place, coupled with execution, revenue growth (slow and painful right now) and Mike's "take no prisoners" business mindset, I'm of the strong "belief" that has is the perfect guy to continue to put the rest of his vision together. Best regards.
|
|
|
|
Post by casualinvestor on Dec 12, 2017 10:59:27 GMT -5
The shorts don't really need to use the size of the raise to cast doom and gloom. Burn is currently $10M/month, increased from $7M/month due to ads and other activities (according to Mike C). At the time of the $60M raise, MNKD was down to about $20M. Now, 2 months later, cash on hand should be around ~$60M. And the $10M debt will be due on Jan 15th if the PPS doesn't improve significantly above $3.25.
Without a partnership that includes a cash infusion, dilution is the motor that keeps this company afloat until sales can fill our sails. #hackneyedboatingmetaphors
I'm saying that the size of the raise doesn't matter, because our dilution risk is based on cash burn, not available shares. And I think MNKD has been running lean for a long time, so it's not like they've been throwing money away
|
|
|
|
Post by madog365 on Dec 12, 2017 11:39:35 GMT -5
^They have said multiple times that recapitalization efforts are not over for this year. There is more cash infusion coming, the question is in what manner this will happen. Thankfully there is not much more time before we find out.
|
|
|
|
Post by tmann on Dec 12, 2017 16:08:58 GMT -5
I've been given the privilege of letting you know that ![]() the conspiracy of naked short sellers that has been attacking Mannkind has been neutralized. Exponential growth in afrezza is already occurring. While there may be some interruption in the broad financial market, all those who hold long positions in Mannkind - your position assured and records of ownership will be carefully maintained. Congratulations to you all for sticking with this company and believing in the truth. It took a great many people a very long time to determined the problem and it size was also a problem. A crime that cries out to heaven never goes unheard. So Mannkind got lucky, this time. Stay awake from now on! Q |
|
|
|
Post by goyocafe on Dec 12, 2017 16:11:28 GMT -5
I've been given the privilege of letting you know that ![]() the conspiracy of naked short sellers that has been attacking Mannkind has been neutralized. Exponential growth in afrezza is already occurring. While there may be some interruption in the broad financial market, all those who hold long positions in Mannkind - your position assured and records of ownership will be carefully maintained. Congratulations to you all for sticking with this company and believing in the truth. It took a great many people a very long time to determined the problem and it size was also a problem. A crime that cries out to heaven never goes unheard. So Mannkind got lucky, this time. Stay awake from now on! Q Huh? |
|
|
|
Post by cretin11 on Dec 12, 2017 16:41:30 GMT -5
tmann dude what are you talking about?
|
|
|
|
Post by madog365 on Dec 12, 2017 17:13:15 GMT -5
Not all of the longs will escape this ride with their minds in tact, it's an unfortunate side effect of the years of stress.
|
|
