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Post by joeypotsandpans on Oct 7, 2021 12:15:48 GMT -5
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Post by joeypotsandpans on Sept 30, 2021 21:15:59 GMT -5
MNKD Monthly chart. The month has ended.  Give that dragon some wings and bring on October! 🐲 |
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Post by joeypotsandpans on Sept 29, 2021 16:09:37 GMT -5
Much appreciated Aged. I wish I could find that in the 10Q though. I’ve scoured through the 70+ pages and my tired eyes did not see it. Do you know if it said how the agreement will be amended? Nobody knows how the agreement will be amended until it is announced. Midcap seems a bit more risk averse than the Deerfield Funds and until now they have been willing to waive a covenant breach only in exchange for restricting an equal amount of balance sheet cash. MNKD simply doesn't have enough cash to continue doing that, and absent raising equity they won't be able to do so on an on-going basis. I would not look for Midcap to relax the covenants very much; that is not something lenders do very often unless things are going well for the borrower. I have a suspicion (purely that, it is just a guess) that the discussion of a sale/leaseback of the Darien facility is designed to turn that asset into roughly $20 million in cash. If that can be accomplished then Midcap can reduce their exposure to the company by reducing the principal outstanding $20 million and MNKD could hold enough cash collateral to cover the remaining $25 million. With an expected milestone from UTHR in the near term that will give the company enough cash to operate for a few more quarters. At this point it is a game of timing; UTHR royalties will start at some time in the future and MNKD needs to stay funded until that point is reached. A quarter of fresh cash here, a quarter there, and the gap can be closed. Far cry from $20 million 🤣😂🤣....I remember this beaut |
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Post by joeypotsandpans on Sept 20, 2021 12:59:26 GMT -5
Monthly low for Aug was 3.76 while the monthly high was 4.97, we've already notched a higher high on the monthly chart so I'm liking the odds here for a decent close for Sep., regardless of what the broader market is doing 😉
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Post by joeypotsandpans on Sept 2, 2021 13:48:20 GMT -5
peppy - can you make your chart smaller? I set that $5 ceiling because I found out that I'm getting a bunch of $$$ tomorrow. Shhhh ... But, that's mytakeonit MTOI, barring anymore delays...currently sitting at gate waiting to come to pineapple islands...while waiting picked up 11K shares @ 4.77...locked and key tossed 😉....it was between MNKD and PFE...went with MNKD...it must be the vegas in me 🤷🏻♂️ |
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Post by joeypotsandpans on Aug 30, 2021 10:08:15 GMT -5
Sitting here on my deck with my morning coffee. Looking forward to seeing how the day unfolds. I would love to see a close above $5.00 today. Time will tell. 39 business days to the 21st Oct. 2021.... two more trading days ends the month. $5.50 last months high. @$5.30 is point of smaller triangle break out. Let's see. It would be nice to have a strong ending of the month and have price pull up out of the consolidation. One more thing. Perhaps what we have been witnessing price and volume wise is the slow turn. A repositioning so to speak. Everyone one on Wall Street knows what we have been typing about. Consider, Wall Street rode MNKD all the way down, the slow turn of repositioning, Wall Street is going to ride MNKD all the way up now. Oh please. Feels like someone has been winding this one up...always nice when the technicals and fundamentals are aligned 😉 giphy.com/gifs/pug-dog-Aj39oEtrbojkc |
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Post by joeypotsandpans on Aug 10, 2021 20:40:10 GMT -5
No worries, we still haven't broke $3.59, my last higher low so, we have some wiggle room. I just looked and saw we broke below the 200D. We have had nearly 28 days trending down, since July 01 where we closed at $5.48. I recall someone posting a lot of volume on PUTS , for the August 15 exp. with a strike price at $4.50. I think those are safe. dolly, this chart shows a deep retrace on the handle before the break up. I once heard it said, everyone is upside down when it breaks out. and that is why it breaks out so hard. Miracles of miracles would be positive information on the Aviptadil formulation. Land of Hope and Dreams.  Holy Cow peppy , did you dig this chart out of the archives? Just an FYI, MCD was around $1.25 (split adjusted) when Ray Kroc passed in January of 1984, I believe Baba owned a bunch and was super excited to sell it for $4.50/sh.  |
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Post by joeypotsandpans on Jul 31, 2021 21:06:49 GMT -5
Indeed. That alone is more than enough to buy MNKD, but it’s probably not in the cards. Update - DXCM now up $5.7 billion in market cap on the day. DXCM market cap 49.85B SENS market cap 1.31B Could be the best paired trade of the century 😉 |
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Post by joeypotsandpans on Jul 19, 2021 10:32:08 GMT -5
This selloff in MNKD is a sympathetic drop and buying opportunity afforded by the broader market correction. The market was not anticipating this wave of increase in covid in the heart of the summer. The delta variant is real and a bit of a black swan event. My wife (ICU nurse) came home this morning and said it's getting worse, this time much younger patients on vents and ecmo. The thing about ecmo is it should bring the oxygen in the blood back over 90-95% but it's not working on these younger covid patients which in and of itself is worrisome. Having said that, so far it's pretty much contained to the non vaccinated who are most vulnerable. So I don't see this being another deep pullback (not much more than 10% broader summer selloff before the market resumes its march higher towards S&P 4600+ into end of year) IMO. This new wave of covid could put a jolt in the biotech sector again. Guess we'll see how it plays out over the next month or two. www.ucsfhealth.org/treatments/extracorporeal-membrane-oxygenation |
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Post by joeypotsandpans on Jul 11, 2021 12:08:53 GMT -5
The name of this thread must be "History of VDEX". I hear ya, I keep thinking there is an analyst update when I see a new post. Not sure how this thread ventured out but would appreciate if y'all could let it get back to what it's supposed to be regarding its original intended topic. TY in advance 😉 |
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Post by joeypotsandpans on Jul 7, 2021 13:07:18 GMT -5
Feels like typical summer volume...actually in Vegas it feels more like the equator ☀️🌡 |
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Post by joeypotsandpans on Jul 4, 2021 14:23:17 GMT -5
"Shoulda, coulda, woulda, and living in the past makes you bitter. Life is too short." Truer words never spoken Boca...as for Vegas, been here waiting for the group to arrive for a while but on the bright side as MTOI would say, the wine is aging well 😅, Happy 4th all! Grateful to be born and living in a country that allows for one's independence. 😉 |
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Post by joeypotsandpans on Jun 28, 2021 13:56:17 GMT -5
Gee, guess we're past the anal analysis of the weekly script #'s for the time being 🤣
point being follow the charts IMO not past fundamentals 😉👍🏻. It reminds me of the doomsday pundits at the bottom in Mar '20 only to watch the broader markets climb the proverbial wall of worry and reach new highs. Same as the bond bears that have fallen over the last few decades 🤔
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Post by joeypotsandpans on Jun 25, 2021 15:08:38 GMT -5
Looks like no $5 till next week ... and my daughter's bf who bought at $4.90 won't be in the green till then. Sniff !! (He made the plunge and spent a whole $20 to buy shares) ... odd lot ... odd stock buying boy But, that's mytakeonit Hmmm, maybe he's figuring he's already a big step toward being in the green because of who his potential pop-in-law might be 🤔🤣 |
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Post by joeypotsandpans on Jun 21, 2021 21:56:35 GMT -5
Kendall came from a strong company (Lilly) where he had funding to do the studies he needed to do. Then he came to MNKD at a time when it was barely solvent and no money to do anything -- no studies, no trials, nothing. Just sit and wait was the MC strategy, and still is, except for the UTHR deal. Maybe Kendall became disillusioned after a couple of years of not being able to use his talents because MNKD couldn't and wouldn't pay to get anything done. I heard he got tired spinning his wheels so I tend to agree with that. I was curious to what Dr.Kendall did after resigning and the timeframe, maybe it's just my browsing history but I cannot see anything updated on his LinkedIn, it still shows Mannkind as last position. I think the odds of him just retiring during a pandemic and being with his family are a safe bet. Also while researching it I came across this thread and pages 5-7 when Guerrero and I had a pretty civil exchange, especially regarding the poster in my endo's office...not sure where the assessment of vitriol and cruelty comes into play 🤷♂️ mnkd.proboards.com/thread/11790/cco?page=5Lastly, Casper had a great post in the thread giving the opinion of grabbing as much shares as possible under $1.50...looking pretty smart right now 😉 |
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