Stock Pick - MNKD

My name is Blackjackaces on the Yahoo MB.  I was just posting in there a bit ago.

When do you think is the best time to sell? After FDA approval assuming it's approved? Or a lot later down the road?

Thanks again 

Honestly I got to see what happens tomorrow, we see the games with the stock, right now skys the limit, its a game change in diabetes, not sure if you heard the 18 or so testimonials today at adcom, powerful stuff.  I have a decent amount of shares right now.  I have to see how we run, advise ive received is to sell some at some point, not sure when yet, and then hold a chunk much longer term, that could be partnership/buyout or after we start seeing the sales come in once this gets going.  Remember, they have a shitton of insuli already produced so they are going to make a ton of money due to low costs out of gate, should be great for stock.  This is exciting, fda has to approve after this adcom, 14-0 and 13-1, if not teh whole system is a farce

Not I, what were you thinking of doing?  

I don't have that many shares. Do you think I should sell some/all or wait till the 15th to make a move?

whats not that many? 

don't know your financial situation, its a decent chunk of shares (14K value).  What's your dollar average cost per share?  So many questions.  I would say if your hoping for the big return hold, if you need some cash you can take 10-20% of the table, I think we may be able to buy again cheaper, just the way it seems to go, but I can't sell more in case they announce a partner soon.  That will be huge.  I'm in this to change my life, not just make a few bucks.  I was a little too leveraged.  Remember biotechs are high risk, we COULD drop off the face of the earth, I don't think so though, yesterday was huge. I took 20% off the table, I was overleveraged and those were shares I added outside my core when we dipped to 4.50 and under 4 last week.  I was nervous having that many.  Those were a trade for me, bought bought enough to represent 20% of my total.   

I am hoping for big return and don't need the cash now. 

I would just hold then, you don't want to miss something, the CFO Matt for MNKD will be on cnbc today at 1pm.  Listen in.  I will buy if we have a day where the stock gets leveled for some reason, like what happened prior to adcom on tuesday.  If something like that happens the week before approval I may add on the dip.  

likely going to hold it in cash, so if an opportunity comes up again with this one I'm there,  I know this stock, spent so much time reading up on it, the people, the objective.  I want to maximize my return, remember I had to sell some other stock to be able to buy that last batch, one was a gold fund, in which I took a loss on it.  Fine.  I had too much in it and gold sucks.  I'd rather watch grass grow.

Are you going to add more shares?

if it drops to high 4s, low 5s I will, not right now.  We have 3 months.  I have no idea what people will do with this stock over 3 months.  Not buying on this initial dip.  This extension of 3 months is a joke. Great adcom, labels should not take this long and thats what I believe this is for.  The label.  The fda is just a joke.  They just jerk everyone around.  Really disappointed we have to wait and sit on our "d" icks for 3 months

Let's hope that we will be rewarded in the end.

It should be 3 months or less, not minimum of.  I did not read that.  It will get walked down more, like I said if it gets too low I'll add.