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Post by esstan2001 on Mar 1, 2017 18:52:08 GMT -5
hopefully not those of the shareholders on a roll...
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Post by esstan2001 on Mar 1, 2017 18:27:22 GMT -5
DBC, You are much more rational than you think... all you have to do is follow those instincts that say that the odds of yet another consecutive black swan event are just SSSSOOOOO LLLOOOWWWW !!!!
(Please just ignore the Probability101 independent coin toss experiment example when here on MNKD Proboards) www.youtube.com/watch?v=RjOqaD5tWB0I never heard of these chaps... I find them rather funny and I am only half way through the video
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Post by esstan2001 on Mar 1, 2017 18:19:38 GMT -5
I like the wishes for Good Luck. I'll take all the Good Luck I can get
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Post by esstan2001 on Mar 1, 2017 18:08:54 GMT -5
DBC, You are much more rational than you think... all you have to do is follow those instincts that say that the odds of yet another consecutive black swan event are just SSSSOOOOO LLLOOOWWWW !!!! (Please just ignore the Probability101 independent coin toss experiment example when here on MNKD Proboards)
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Post by esstan2001 on Feb 28, 2017 9:51:00 GMT -5
I'm idle and am probably that horse. Unlike the Type 1 Kastanes mentioned I lack a real incentive to change. If my A1c was horrible, or I hate needles, or I was having problems there would be a reason. Absent that motivation though it's a disruption to my routine and I am very risk adverse in that area. I would have to relearn how to handle insulin and learn all the tricks of a new regime. Logically I know I should make the move, but practically I am reluctant. Bingo! I think a lot of PWD are like this...[/quote] Hence why the pediatric trial Pep refers to a few posts ago is so important to get started- it is taking time due to revisions to the protocol with the FDA, that I hope are going to show strong evidence of superiority making this a slam dunk decision for new patients / and to really help bring docs around.
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Post by esstan2001 on Feb 15, 2017 15:42:13 GMT -5
peppy , You're speaking my language! moiety shmoiety.... .... & parts is parts (when it comes to chicken)
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Post by esstan2001 on Feb 2, 2017 12:52:00 GMT -5
reverse split is a death knell. I will vote against Unfortunately, not having the R/S option means NASDAQ delisting if unable to perk up the $ over a buck for 10 consecutive days (some deal with upfront is the only way I see this happening w/in the next 3 mo.) Not being on the NAS Natn'l Mkt reduces the options to obtain financing... increasing the odds of bankruptcy filing before they get a chance to demonstrate a reasonable script trajectory or secure some more deals. There seems to be little choice but to vote in favor of the option and hope they really execute and get lucky.
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Post by esstan2001 on Feb 1, 2017 18:14:19 GMT -5
And I'm going to vote each and every one of my options! Oh... what's that you say? Oh. Your options are limited. My options are limited. We're all limited in our options. So sit back, relax, and pour yourself some spirits. BTW speaking of spirits, how is Spiro?
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Post by esstan2001 on Feb 1, 2017 18:03:35 GMT -5
No this is a special meeting just to vote on the proxy. Let's hope there is still a shareholders meeting in Danbury in May. Please Liane don't kill me with your optimism
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Post by esstan2001 on Feb 1, 2017 17:51:06 GMT -5
I've had the lynching rope for my picture for far to long. It's starting to make me depressed.. even if it's appropriate. I'm thinking of change to something like liane's kitty gif. Or, when/if scripts rise, I'll change it to an 'up arrow'. That's upbeat, right? I'm not really feeling it today. sean we will send you some puppies :-)
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Post by esstan2001 on Feb 1, 2017 17:39:12 GMT -5
look- at least they are covered now. This is insurance. Yes there is a fair chance they will need to take out that insurance. But at least they have some time to either nail down a deal or grow scripts before they hit the point where they are forced to pull this lever.
It was the most sensible thing for them to do at this stage. Now Mike better get scripts, or Ray better get Epi or some trials started.
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Post by esstan2001 on Feb 1, 2017 17:33:53 GMT -5
so can one of the longer time posters here tell me what Matt said about r/s?? not needed , considering it.. what date does it have to be completed on? did he mention 180 extension? thanks.? if share price does not take care of the issue, proxy vote to approve from 3 to 10 : 1 R/S as required.
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Post by esstan2001 on Jan 31, 2017 16:31:32 GMT -5
A good start would e to disintermediate- get rid of the middle man pbm's; then get the payor incented to not let the payee screw them. Simple = works better. Though medical care is hardly simple. It's a long way from truly being a free market system, and likely shouldn't be... drugs are regulated, doctors control the supply of new doctors. It's a product (health care) that few consumers really understand. It's a product we often cannot live without. With drugs there often arise true monopolies where there is only one treatment or one that is clearly superior. ---- I'm curious, if getting rid of middle man really resulted in lower cost drugs for the insurance companies, why would the insurance companies not go back to negotiating pricing directly with pharma companies? Who is supposed to be getting rid of the PBMs? Let me start by saying I am surely no expert .... The pbm's are not just aggregating purchase orders to get better pricing (like the CM's do with purchasing agreements across multiple board customers when buying semi's)- they are negotiating exclusionary agreements which may not be to the benefit of the ultimate consumers (payors) or insurance companies (intermediaries, that the payors contract with). So as I think you said, it gets complex. PBM's provide a service to the insurance industry...and maybe benefits to the drug co's. I think logic dictates that every touch in the path will add cost- along the way they will want something for their services. What is strange to me is since the Ins co's. collect the outcomes data and use it to drive financial / coverage decisions, I do not understand why they would not want to directly negotiate the drug pricing. They are in a better position to understand the value I would think... can the aggregation cut pricing so much so that the pbm's are needed? I have no answers, other than in general I believe simpler is better. If I pay a doc directly for service, I will shop the doc for price and reputation- I want value for my $$ (that means I should have some skin in the game). Now I digress into health policy...
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Post by esstan2001 on Jan 31, 2017 15:03:40 GMT -5
Michael Carrier, an antitrust professor at Rutgers Law School, described the filing of the lawsuit as “big news” and said it was interesting because it turned its attention to the inner workings of the pharmacy benefit managers, which until now “have floated under the radar of sustained drug pricing scrutiny.”
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That's where the money goes, apparently...
The funny (not as in ha ha) thing is that as PBMs grew in importance in our system they were always spun as a way to control drug costs... by pooling the buying power they would allow insurers to get better pricing out of drug makers. Shocking it didn't turn out to work that way We have an incredibly complicated system, and it really shouldn't be a surprise that all the players are doing what one should expect... gaming the system to make the most money possible. I don't claim to have a solution, but it does sure seem Americans are bearing an unfair share of worldwide healthcare costs. A good start would e to disintermediate- get rid of the middle man pbm's; then get the payor incented to not let the payee screw them. Simple = works better.
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Post by esstan2001 on Jan 27, 2017 12:48:15 GMT -5
If a RS is announced on the call, the next day SP would tank. As I write this SP is around 0.64. What would it tank to with a RS announcement, 0.05? I ask because if we did a 20:1 RS now, SP would be at $12.80 if the price held up which it won't. Also, if MNKD needs to close at or above $1 / share for 10 strait days, can MNKD take the $30 mm from the Mann Group and have a banker enter in a bunch of small lot orders to execute at the end of each day with 1/2 second remaining in the trading day with a bid of $1.05? Is this legal and could they work in conjunction with a small HFT to accomplish this? Day 1 you do this for 100 orders for 100 shares each at $1.05 and ramp it each day by 100 orders but start the process say 20 days before the delisting. Call it SP manipulation but what they hell, many institutions have been manipulating MNKD for years without repercussion from the regulators so if its good enough for the goose, why not the gander? me thinks this would be blatant stock manipulation by the Co., sanctionable by the SEC. But, you or I, being unaffiliated with the company could probably get away with it :-)
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