Grabbing Eyeball of Value Investors: Mannkind

[thekindaguyiyam]

Here’s what’s interesting to note about MannKind Corporation (NASDAQ:MNKD) right now: Its price-to-sales ratio of 17.51, is cheap relative to the Biotechnology universe at large. The broad Biotechnology industry has an average P/S ratio of 140.57, which is significantly worse than the sector’s 8.57. In the past 13-year record, this ratio went down as low as 0.43 and as high as 79400. Also, it is down from 54% of the total 731 rivals across the globe.

MNKD traded at an unexpectedly low level on 02/16/2018 when the stock experienced a 2.05% gain to a closing price of $2.99. The company saw 3.34 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 4.05 million shares a day, this signifies a pretty significant change over the norm.



MannKind Corporation (MNKD) Analyst Gushes
Analysts are speculating a 134.11% move, based on the high target price ($7) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $7 price target, but the stock is already up 348.81% from its recent lows. However, the stock is trading at -57.04% versus recent highs ($6.96). Analysts believe that we could see stock price minimum in the $7 range (lowest target price), allowing for another 134.11% jump from its current position. Leading up to this report, we have seen a 20.08% rise in the stock price over the last 30 days and a -7.72% decline over the past 3 months. Overall, the share price is up 28.88% so far this year. Additionally, MNKD had a day price range of $2.87 to $3.22.

MannKind Corporation (MNKD) Price Potential
Heading into the stock price potential, MannKind Corporation needs to grow just 134.11% to cross its median price target of $7. In order to determine directional movement, the 50-day and 200-day moving averages for MannKind Corporation (NASDAQ:MNKD) are $2.67 and $2.73. Given that liquidity is king in short-term, MNKD is a stock with 112.58 million shares outstanding that normally trades 32.97% of its float. The stock price recently experienced a 5-day gain of 14.56% with 0.3 average true range (ATR). MNKD has a beta of 2.97 and RSI is 55.77.





postanalyst.com/2018/02/20/grabbing-eyeball-of-value-investors-mannkind-corporation-mnkd-cray-inc-cray/

[dreamboatcruise]

At least this type of article proves that computers aren't yet ready to take over the world.

[thekindaguyiyam]

quite true... a good thing. On the other hand; the computers don't dwell all day on negatives or get emotionally worked up post after post after post. Life in Balance even if you are a Bot. BTW . Good luck to you in your investment in MNKD.  With Global Need in such huge #'s You may be successful in spite of your seemingly deliberate attempts to demonstrate why you have invested in something you have little confidence in.  That's gotta be a difficult mindset...   it's referred to the Rodney Dangerfield Syndrome.   

"I looked up my family tree and found out I was the sap" Rodney Dangerfield

[dreamboatcruise]

Actually I made far better choices with MNKD when I dropped the false confidence that had been emotion driven and became much more calculating. I had been chasing the falling knife like a confident fool. Since then I've done much more wise options plays, with pretty good timing. I'm confident that Afrezza is a significant advance in diabetes treatment, and will try to wisely figure out how I shall profit from it. I don't have confidence that the road will not still be rocky. I am holding a fairly large position right now from the confidence that I'm again looking at MNKD as an investment where I can make rational decisions as I see things unfold without emotional baggage of past dreams or losses.

I find my mindset pretty easy rather than difficult. Personally I suspect that some others here that talk the confidence game are really way more conflicted about their MNKD investments, and sometimes show their anger.

[thekindaguyiyam]

False confidence is self deceit. I think most inverstors here would agree with you when you say "I'm confident that Afrezza is a significant advance in diabetes treatment, and will try to wisely figure out how I shall profit from it. I don't have confidence that the road will not still be rocky."

For the years we've been into this there have been many unknowns that have shaken "confidence". Most of us here who speak up can get angry from time to time with what we perceive as BS from others who have strong agendas. You and I might both be thought of in this way by others. What matters most is how we see ourselves. When I step back from the drama of this investment I can clearly say that I haven't made the best choices along the way and even gave up at one point in time. Now; for me, there is a difference from when I was feeling that way. I don't sweat the day to day rollercoaster; I have adapted to it. My "expectations" thinned with regard to timing because of trying to catch the falling blade like so many others. Still, I'm in the game with 3X the shares I had after the reverse split which speaks to my genuine confidence. For me it's not a matter of IF rather than WHEN. And when it happens... the awakening that Afrezza is the Superior Insulinsi and BP though they continue to try will not stop the momentum of the success of Afrezza and Mannkind.

You hit the nail on the head when you speak on the topic of CONFIDENCE. For you, you think that for some of us it's an illusion or a lie. For me it's real. I will be rewarded for my DD though it has required patience and humility to accept that my timing isn't always the greatest. This because, I don't know all the pieces of the puzzle as I'm not on the Board of Directors. I support the Board to do what they do to get past the hurdles. And because I'm not nostradamus I can only make the best choices I can with what information I have at the time. All my chips are on the table; I've made my own choices and will see how this unfolds in a very personal way. Just like most of us.




Read more: mnkd.proboards.com/thread/9587/grabbing-eyeball-value-investors-mannkind?page=1#ixzz57hsMDXvy

[dreamboatcruise]

Feb 20, 2018 21:59:36 GMT -5 thekindaguyiyam said:

False confidence is self deceit. I think most inverstors here would agree with you when you say "I'm confident that Afrezza is a significant advance in diabetes treatment, and will try to wisely figure out how I shall profit from it. I don't have confidence that the road will not still be rocky."

For the years we've been into this there have been many unknowns that have shaken "confidence". Most of us here who speak up can get angry from time to time with what we perceive as BS from others who have strong agendas. You and I might both be thought of in this way by others. What matters most is how we see ourselves. When I step back from the drama of this investment I can clearly say that I haven't made the best choices along the way and even gave up at one point in time. Now; for me, there is a difference from when I was feeling that way. I don't sweat the day to day rollercoaster; I have adapted to it. My "expectations" thinned with regard to timing because of trying to catch the falling blade like so many others. Still, I'm in the game with 3X the shares I had after the reverse split which speaks to my genuine confidence. For me it's not a matter of IF rather than WHEN. And when it happens... the awakening that Afrezza is the Superior Insulinsi and BP though they continue to try will not stop the momentum of the success of Afrezza and Mannkind.

You hit the nail on the head when you speak on the topic of CONFIDENCE. For you, you think that for some of us it's an illusion or a lie. For me it's real. I will be rewarded for my DD though it has required patience and humility to accept that my timing isn't always the greatest. This because, I don't know all the pieces of the puzzle as I'm not on the Board of Directors. I support the Board to do what they do to get past the hurdles. And because I'm not nostradamus I can only make the best choices I can with what information I have at the time. All my chips are on the table; I've made my own choices and will see how this unfolds in a very personal way. Just like most of us.




Read more: mnkd.proboards.com/thread/9587/grabbing-eyeball-value-investors-mannkind?page=1#ixzz57hsMDXvy

Rather than "it's an illusion or a lie" I would say that I believe for some it is emotionally based at this point.  That's not even to say that they might not also have a more analytic bases for their confidence as well.  But if someone lashes out with a blatant personal attack on someone with a point of view that may challenge their confidence, I take that as perhaps they are tilting towards the emotional confidence.  Someone with the analytical confidence could refute the point of view rather than attacking with "he's a short", "he's ruining the board", etc. 

Someone that simply stated "I have confidence Afrezza is the best insulin on the market, and have faith that management will make us all rich from it"... belief in a technology and a team... that's pretty much the investment thesis that has gotten every billionaire VC to where they are today.  But the VC rarely shoots the messenger when the accountant points out that there is a cash flow problem.

[thekindaguyiyam]

Self assignment to accountant is fairly limited. It takes Visionaries and Dreamers to create the impossible and an accountant or two to say it's impossible.