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Stock Pick - MNKD

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Posts: 563

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Sep. 10, 2014 - 5:57 PM ET #201

Quote Originally Posted by PoeticJustice:

what do you think is happening?

shorts are still in control

short interest in stock is over 70 million shares. That is super high

that will continue to drive the price down.

there are a lot of people driving fear all over the boards. I have even started to air my frustration in this play

My expectation a long time ago was if we had a positive adcom, approval, and then a partner/sale I would have made a nice chunk of change. I could have sold in the 11s but assumed this would/will go much higher. Dont need cash now but fully expected a greater/faster return based on teh aforementioned milestones being hit successfully.

People know this is dead money until sales. It will create a great buying opprtunity for those that are not in already or want to add. I own 15,000, its a decent chunk, What I add will depend on price drop from here. No near term catalysts it seems. If we get soemthing out of blue it will rise quick. If not we have to wait until sometime in 2016 for afrezza sales numbers from Sanofi global diabetic force.

Lucrative

Rookie

Joined: Dec, 2010

Posts: 915

Posted: Sep. 15, 2014 - 10:37 AM ET #202

Good piece on Mann from the LA Times:

https://www.latimes.com/business/la-fi-alfred-mann-20140914-story.html#page=1

This cat works so hard he refers to his children as sequence numbers of when they were born.

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Sep. 15, 2014 - 11:31 AM ET #203

Quote Originally Posted by Lucrative:

Good piece on Mann from the LA Times:

https://www.latimes.com/business/la-fi-alfred-mann-20140914-story.html#page=1

This cat works so hard he refers to his children as sequence numbers of when they were born.

Good post. This is a big reason why I believe this stock will turn for the better. Let the short holders get out and manipulate it down, then we move up. 2015 sales will start.

Pipe-Light

Veteran

Joined: Sep, 2009

Posts: 2587

Posted: Sep. 17, 2014 - 6:38 PM ET #204

You asked about South Florida in another thread, it was inside the quote bars so i did not see it. Things are booming now.. West Fort Pierce has what you were refering too as a back yard runway...

Stuart has a great air field and lots of richy's fly in and out of there.

I feel for Louis and ohio realestate, lived there, I know a 3/2/2 sold for 50K 10 years ago and maybe 55K today. here, that same home sold for 90K in 2000 - then 250K in 2006 then 125K in 2007 90K in 2009 and now back to 125K and up. Lots of homes in my zip code 34953...

3rd largest inventory in the country. Becuase so many were built from 2002 - 2007 Still own our one rental and can't get my wife to bite on others. I can do ALL the work, have the contacts, etc...

Crazy to pass it up... Money to be made... Oh yea... Sorry again to anyone that bought ATHX... i am so pissed about it.. I do have money makers in CNCE and AVNR.. Both will grow big time...

rookie2008

Prospect

Joined: Mar, 2008

Posts: 12

Posted: Sep. 20, 2014 - 10:37 AM ET #205

Thanks for all your thoughts on MNKD. I strongly believe the Afrezza will be a success, but I'm not confident on how long it will be before the stock is in the double digit range again. With all the news over the last few months, I full expected MNKD to be around the $12 to $15 dollar range.

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Sep. 20, 2014 - 12:32 PM ET #206

Quote Originally Posted by rookie2008:

Thanks for all your thoughts on MNKD. I strongly believe the Afrezza will be a success, but I'm not confident on how long it will be before the stock is in the double digit range again. With all the news over the last few months, I full expected MNKD to be around the $12 to $15 dollar range.

Same here. It is one of the most shorted stocks on Nasdaq, which means its manipulated. Once all these folks are done manipulating it down and have to cover their short position then it will move back up from where it is. Before any approval/partner I called this one. I could have walked away up a pretty penny. If it drops down more into 5's I'm adding. Come this time next year we will be in double digits because I see Sanofi selling the hell out of it. Right now it sucks balls to have shares an dbe down like I am but I know I could have sold. Taking some risk holding through this pain and going to add if drops more. Good luck to you.

MakeThatCasH

Veteran

Joined: Nov, 2007

Posts: 1562

Posted: Sep. 22, 2014 - 11:59 AM ET #207

Quote Originally Posted by Louis_IV:

It's at 5.98 now. Are you adding now or waiting for mid to low 5s?

Is there any number it could drop to for you to want to sell?

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Sep. 22, 2014 - 12:25 PM ET #208

Quote Originally Posted by MakeThatCasH:

It's at 5.98 now. Are you adding now or waiting for mid to low 5s?

Is there any number it could drop to for you to want to sell?

Nope, not selling. I don't see any reason to sell. I cant explain the price action. Makes no sense. All I know is the selling of Afrezza starts first quarter, see what happens then. I've got cash waiting to buy. Not buying yet. Still see it dropping more potentially so holding off until it appears its settling some. Then I expect it will slowly rise.

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Sep. 26, 2014 - 9:17 AM ET #209

I added 1000 shares yesterday @ 6.14

I'll add more if we dip down, but I liked how the stock has looked last couple of days. We could go lower though, never know. Short interest very high but like how yesterday was a horrid day and the stock finished green

dbuc1

Prospect

Joined: Dec, 2011

Posts: 174

Posted: Sep. 26, 2014 - 7:18 PM ET #210

Quote Originally Posted by Louis_IV:

I added 1000 shares yesterday @ 6.14

Submit

Had my finger on the buy at $6.05 earlier but didn't pull the trigger. Now that the 8k is filed and quite period is over I think we'll start getting news. I need to average down, hopefully I still can Monday.

corbey96

Prospect

Joined: Jan, 2012

Posts: 64

Posted: Sep. 26, 2014 - 7:24 PM ET #211

haha check out AKBA, theyre about to finish phase two testing on a highend drug that should prevent anemia and chronic kidney disease. its trading ~$23 as i write this. I like it long term (1-3 years). morgan stanley has best case scenario price target at 180$. Biopharm as a whole has been looking really good recentl. also suggest looking into GILD, ACHN, ARWR, many more really

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 1, 2014 - 12:06 PM ET #212

The waters are bloody, 17,500 shares as of today. Avg price per share $7.14. Taking it square in the can right now. Holding, will add more after the free fall continues. GAMES. Just like in betting. Anything can be managed/rigged when you have the money to do so.

good luck to anyone holding. we need it

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 1, 2014 - 12:07 PM ET #213

current price by the way is $5.58.

down 1.56 per share.

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 2, 2014 - 2:47 PM ET #214

18,500 shares. Dollar cost average is $6.81

Pipe-Light

Veteran

Joined: Sep, 2009

Posts: 2587

Posted: Oct. 3, 2014 - 12:53 PM ET #215

Make sure to read yesterdays SA article. All SA articles are to be taken with a grain of salt. Usually a pumper or short writing them and can never be trusted.

I actually like Mann but am scared to pull the trigger. THe owner is so old, technology on the inhaler was tried before, although different. I just dont know..

Pipe-Light

Veteran

Joined: Sep, 2009

Posts: 2587

Posted: Oct. 3, 2014 - 12:54 PM ET #216

Make sure to read yesterdays SA article. All SA articles are to be taken with a grain of salt. Usually a pumper or short writing them and can never be trusted.

I actually like Mann but am scared to pull the trigger. THe owner is so old, technology on the inhaler was tried before, although different. I just dont know..

icemantbi

Legend

Joined: Sep, 2007

Posts: 34236

Posted: Oct. 3, 2014 - 2:10 PM ET #217

$5.52 as of right now.

This is a great price to get into IMHO. Maybe wait until it drops further, can it get as low as $5.25, or even a square $5? Too much upside to the stock now at this price.

Thinking of pulling the trigger and invest $10K into this myself. Hmmmm..

icemantbi

Legend

Joined: Sep, 2007

Posts: 34236

Posted: Oct. 3, 2014 - 2:11 PM ET #218

Good article here:

https://investorplace.com/2014/10/mnkd-stock-mannkind-afrezza/

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 3, 2014 - 3:17 PM ET #219

Quote Originally Posted by icemantbi:

$5.52 as of right now.

This is a great price to get into IMHO. Maybe wait until it drops further, can it get as low as $5.25, or even a square $5? Too much upside to the stock now at this price.

Thinking of pulling the trigger and invest $10K into this myself. Hmmmm..

Yes, it can get there. Hope not but definitely since we have such a high short count. I bought some more on the dip today to 5.30 when shorts took out stops. I got at 5.36, sold those back though at 5.52. Just a quick trade, new that would happen. I was on margin with those needed to get out. Still have 18.5k shares.

Pipelight - Its been a rough road but I think it will be worth my time in the end.

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 3, 2014 - 3:19 PM ET #220

Quote Originally Posted by Pipe-Light:

Make sure to read yesterdays SA article. All SA articles are to be taken with a grain of salt. Usually a pumper or short writing them and can never be trusted.

I actually like Mann but am scared to pull the trigger. THe owner is so old, technology on the inhaler was tried before, although different. I just dont know..

by the way the inhaler piece is just a bonus to the whole thing, the Afrezza is what is the key. Its the rapid action and effect on the body that will result in high sales. No one I've talked to will stay on needles if they can get this, unless of course the price is way different, insurance issues, and Ive not heard of any.

nopick

Rookie

Joined: Jan, 2013

Posts: 955

Posted: Oct. 3, 2014 - 3:28 PM ET #221

was in MNKD calls on the move up, however, that gap and crap ( sell on the news). the stock momentum is gone... switch to other stock,... GILD if u r into bio tech

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 3, 2014 - 4:03 PM ET #222

Quote Originally Posted by nopick:

was in MNKD calls on the move up, however, that gap and crap ( sell on the news). the stock momentum is gone... switch to other stock,... GILD if u r into bio tech

I'm not buying any other bios for awhile. Yep, sell on the news is what happened. I'll just stay here. I don't have the same belief in any others, why leave. I'll add on further dips.

HellHook33

Veteran

Joined: Dec, 2013

Posts: 1049

Posted: Oct. 7, 2014 - 1:26 PM ET #223

This stock is frustrating but ill remain patient.

Louis_IV

Legend

Joined: Feb, 2007

Posts: 34736

Posted: Oct. 7, 2014 - 2:08 PM ET #224

Quote Originally Posted by HellHook33:

This stock is frustrating but ill remain patient.

Yeah, its all we can do. I've never seen anything like this before. It can't go Green right now, its completely a controlled walk down so all these shorts can make money and cover. Its insane. Hard lessons but fundamentally the company has so much upside. Just have to wait and see, I have a lot of money tied up. Just hope we get too a bottom sooner or later.

Pipe-Light

Veteran

Joined: Sep, 2009

Posts: 2587

Posted: Oct. 12, 2014 - 10:30 AM ET #225

Think I am buying Monday....

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