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Post by kc on Feb 2, 2017 10:13:53 GMT -5
The issue is not Matt its the Board and the Mann Foundation. The company needs to be put up for sale. Better to do it today than have it bought out of bankruptcy.
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Post by kc on Feb 2, 2017 10:12:01 GMT -5
They are using the old outbound marketing approach and we all know that this approach doesn't work anymore. You need to educate the world via inbound marketing, period! Viral marketing is the way to go. But they don't know it or get it. Sadly they might even have to do some infomercials and buy time just to be seen somewhere. all types of crap is sold this way and they need to figure out how to do it on the cheap just to get visibility
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Post by kc on Feb 2, 2017 10:03:34 GMT -5
laughable . complete failure on MNKD commercial organization. Best to focus on the top 25 to 50 markets where you have density and it makes sales calls easier.
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Post by kc on Feb 2, 2017 10:01:48 GMT -5
Promotion & commercials are what will save the day ....🙏🏻. Like others have said, if MNKD fails with Afrezza & we never saw DTC advertising that would suck. MNKD has to create the demand among the PWD! Simple teases on Facebook targeted towards diabetes showing the product and saying go ask your Doctor. I know that there are FDA guidelines but it does not have to be very complex. It won't matter six months from now if we are in chapter 11.
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Post by kc on Feb 2, 2017 9:58:21 GMT -5
haven't had the big dumper yet today? Maybe the fact the Reverse split is now on the table creates enough issues for naked shorts.
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Post by kc on Feb 2, 2017 9:49:02 GMT -5
You better get product in the hands of the diabetic in the next six months or the game will be over for MannKind. The next owner (Pharma) will be the winner. Sometimes it takes a bankruptcy or two before a property makes it in the real estate world. I guess that is the shedding of the debt that gives it freedom to flourish. Sadly we might be in that same situation.
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Post by kc on Feb 2, 2017 9:45:56 GMT -5
That is what is most troubling. An area like DC that is very urban / suburban has a lot of good doctors and a population with insurance coverage needs to get attention. You can't get market penetration on a limited shoestring budget. MannKind needs to be sold to a pharma with the ability to invest in marketing to the doctors and patients. I don't believe they will ever be successful trying to stay independent.
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Post by kc on Feb 2, 2017 9:42:51 GMT -5
1. Put the company up for sale.
There would be multiple bidders as the potential for a blockbuster is there in the USA and worldwide. The Mann Family Trust and Management are trying to hold out for the biggest payday. But now it might never happen. Its time to sell it. Start the bidding at $5.00 and I bet it will end in the $14 to $20 range. Stop holding out for the pot of gold and get the bronze. Right now all we have is fools gold.
Put the company up for sale and find a Pharma who will take it to the next level. We can't get to the next level being cash strapped. The board had a duty to the shareholders to get the best deal. Just kicking the can down the road and hoping you can sell your product with a limited sales force and no real consumer marketing is a plan for failure.
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Post by kc on Feb 2, 2017 9:38:42 GMT -5
Two caveats - - my healthcare career includes many years as a senior executive at a major global pharmaceutical company; and
- I am enjoying a gin, straight-up, one cube.
I continue to support Mike C, but I fear if I reviewed all his public comments, I would find that rationalization happens too often. No question, Mike's task from day one has been onerous and I admire his resilience. I would feel more comfortable if there was acknowledgment that he could (should ?) have been more cautious with his early assessment of what it takes to right the ship. I am comforted by Mike's comment about Afrezza sales being sensitive to promotion (no surprise) and the importance of the sales team's reach and frequency with providers. Viagra didn't rise to the occasion without promotion. Once they did advertise, it was an instant hard-on.
Sorry for the sexual reference it was only fitting to make it.
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Post by kc on Feb 2, 2017 9:36:21 GMT -5
What city or market are you in?
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Post by kc on Feb 2, 2017 9:05:21 GMT -5
It may be an insurmountable task to locate all those shareholders. I hope not. While I don't like the reverse split idea. It does send a message to the street that we are dealing with our issues and this probably will also smoke out naked shorts Perhaps not.
I would assume that most people hold their shares at a brokerage house but do not pay attention to proxy statements that are sent electronically or by mail. Again this ignorance of people to vote their shares may provide an insurmountable problem. I sure hope not.
The other issue the proxy will say shareholders as of a record date February 1. We will see what kind of churning we have because of that date,since it has passed.
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Post by kc on Feb 2, 2017 8:49:41 GMT -5
My guess!. Very bloody morning dipping below $.55 Regaining equilibrium before close at end of day to $.65 Since I have been wrong for almost 36 months , I couch it with the disclaimer my guess.
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Financing
Feb 2, 2017 7:46:56 GMT -5
via mobile
Post by kc on Feb 2, 2017 7:46:56 GMT -5
This is a long shot and for many reasons it may be a stupid idea but I am going to put it out there anyway. I know many that post here on this board loan out their shares. I do also, over 170,000 shares on loan. What impact would it have on the share price if all the investors who have shares out on loan, withdrew their loaned shares at the same time, say Valentines Day. Could this drive the share price up significantly, even over a dollar? I know the retail shareholder is a very small piece of the pie and if the Major Institutions and Holders are also loaning shares, I am sure they would not be on board even there were no legality issues. As I understand it needs to be over a dollar for 10 consecutive days to reset the clock. Please don't bash me too much. Just grasping for straws to avoid a reverse split. The other question would be do you have voting rights to the shares with them out on loan. If not you probably need to call them back in. Somehow we need to research this issue very quickly.
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Post by kc on Feb 1, 2017 21:32:51 GMT -5
There is less than 17% held by institutions. It's the hedges that control Mannkind. My appology: I tend to summarize this under "institutions". Or do you believe that these are some retail lone wolves? Nope they're definitely hedge fund shorts are just sitting there grinding. Perhaps naked shorts. I think that's one of the reasons why a reverse split will solve some of that problem. This shares have to be accounted for in the vote.
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Post by kc on Feb 1, 2017 18:32:13 GMT -5
A RS does not change the upside potential. 50k shares increasing by X% is the same as 5k shares increasing by X%. The RS is bad because it signals that nothing good is on the horizon. But we now know that whether or not a RS occurs. To much fuss about the RS. The stock is controlled by institutions. They are adults. This stock has been in trouble, you only need to look at the short rate. This is not that out of the blue. The generic statement of a bad signal is irrelevant in a big cloud of bad signals. There is less than 17% held by institutions. It's the hedges that control Mannkind.
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