Stock Pick - MNKD

I actually would like to sell now, but probably will not.  I feel very confident it will continue to drop.  This stock is so manipulated.  I would then obviously buy back in.  I'll post if I make any moves.  I'm just tired of making money on this stock, taking on the risk, only to see it run back down on a whim.  We deserve to be rewarded for that adcom.  Risk is though, any news comes out related to partner.  Outside of that this stock will fall down because for 90 days folks will drum up 1000 reasons why its going to not be approved, how it causes a disease or two, ho they are going to have to do another share offering, how they are burning cash.  Seen it 1000 times.

this was the one positive of this drop.  I got out of these shares.  Able to grab some profit before it disintegrated.  Watching price now, I just feel it will fall because people have 3 months to play with.  

So you will hold just in case they get a partner which would result in value going up dramatically

Thoughts on the past few days?  I am surprised on the bullishness of this stock as I thought it would of went down into the mid 5's once they announced the delay till 07/15.   Do you think there is a chance of the FDA announcing approval a lot earlier?

Surprised as well.  This is a stock where it is so hard to predict the runs, almost opposite of what you think.  Looks like a bit of profit taking today.  I'm holding.  I typically see a sell off at/around the time of the Earnings Call.  They never say anything of importance but amateurs generally sell off after the call making shares cheap.  That may be a buying opportunity if you have dry powder laying around.  If we get a dip down I may add for a trade or a hold, depends on how its going.  Right now, holding my full core position.  Seems as if the rumblings around a partner generated the recent run, plus Al Mann filed some paperwork that many interpreted as prep for a partnership/buyout.  We will see.

Not familiar with them dbuc, I'll take a gander.  I try and focus on a few at a time.  I'm risky, but too much exposure to this sector can be fatal to a portfolio.

I just added a 5% increase to my shares at $6.38

I should have waited, we could see 5.50, no news for 3 months is just a killer if thats the way it goes down.  People always feel like they have time to buy in.  Shorts run it down, as well as big houses.

yep, cant blame you for that.  It usually drops after the con-call, more because people are hoping Al says something way out there and he never does.  Just make sure you are in by mid June or so.  I'll be loaded up by then, I still have 65% of the shares I want to have going into July.  I cant wait

Good luck with your investment. 

It is on my watch list just wait for a chance..lol

I really don't know for sure, so many variables.  Predicting would just be a wild guess.  Need approval first which i expect, then partner/sale.  I see them partnering since they built out the afrezza production.  Skys the limit.  Partner sales and marketing will be key to adoption which I expect so many consumers to do, why wouldn't someone switch.  

Buy now or wait till mid June to buy?

Thanks again!

My hunch is to wait if you want them cheaper.  At some point there usually is a bear raid.  That said, there is no guarantee that will happen.  In the end if this is approved, we partner and then sales start to happen in a year or so this think will fly and 7, 8, 9 dollars a share will mean zip.  I would just make sure your in soon so if they announce approval early you don't miss the boat, from all Ive read, approval and partnership announcement will happen around same time.  It seems to be what everyone is waiting for.

You are not going to sell any shares until after 7/15?

No plans to sell right now.  As for buying, I want too.  Need about 25% more shares.  Still looking at an entry point.  May be a pullback.  All signs look positive.