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Post by boca1girl on Mar 13, 2018 8:44:32 GMT -5
The Mann Group and Deerfield are obviously knowledgeable about what Mike C, Dr. Kendall and team are reporting on their progress behind the scenes, i.e. STAT study release, international term sheets, etc. and made the decision for this transaction even while scripts have not yet jumped. IMO they are seeing the big picture and this transaction represents good news. I would agree ONLY IF Deerfield holds these newly acquired shares.
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Post by derek2 on Mar 13, 2018 9:15:01 GMT -5
Well, who am I to buck the trend? MNKD and their lenders are playing long ball, so I guess I will too. Sold my long-dated calls and bought 1/4 as many shares. Cost neutral and no expiry to worry about.
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Post by traderdennis on Mar 13, 2018 11:05:31 GMT -5
The Mann Group and Deerfield are obviously knowledgeable about what Mike C, Dr. Kendall and team are reporting on their progress behind the scenes, i.e. STAT study release, international term sheets, etc. and made the decision for this transaction even while scripts have not yet jumped. IMO they are seeing the big picture and this transaction represents good news. Deerfield has shown they flip their shares and there is no indication they have modified their plans. I agree with you about the Al Mann trust, they may see a bigger picture.
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Post by kc on Mar 13, 2018 20:40:58 GMT -5
The $4 is a signal that, "look, we think the stock will actually surpass $4 withing two years." Now, whether that "signal" is genuinely meant or not, I don't know. Mann Group is still waiting and wanting a big Pay Day payout one day. They have not walked away. They have patience to see it though to the end.
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Post by babaoriley on Mar 14, 2018 13:03:23 GMT -5
The $4 is a signal that, "look, we think the stock will actually surpass $4 withing two years." Now, whether that "signal" is genuinely meant or not, I don't know. Mann Group is still waiting and wanting a big Pay Day payout one day. They have not walked away. They have patience to see it though to the end. Can't argue with what you just wrote, KC. All longs that have not walked away are hoping the same thing. The real interesting issue is their estimate of that happening compared to the average MNKD long.
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Post by BlueCat on Mar 19, 2018 11:56:39 GMT -5
Still in, still lurking.
I like the debt restructure to take pressure off and extend runway with what one assumes, is still a friendly investor.
Helps the team focus down more on revenue generation, optimization and finding new investors to first keep lights on, and also grow.
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