Clean label with a big pharma partnership for Afrezza and another one for the cancer vaccine and this will reach Dendreon levels: $57.67.
Shorts have oversold it.
Add a few shares at the open today. This could gap-up substantially tomorrow after today's J.P. Morgan presentation which occurs after the end of normal trading.
Approval of Afrezza could happen at any time.
FED might delay decision to later this year. Only reason is to cover their backs ten times to be sure this mega blockbuster product won't kill anyone.
That's why they requested much more data than for Exubera which failed to be superior to injected insulin and is kind of an inconvenient and complicated tool....
Afrezza will cover all aspects of a successful product!! Huger thing than Aspirin! ;-)
Al on MarketWatch - excellent interview.
Afrezza’s approval takes the share price to the $25.00+ range. Partnership announcement takes it to $55.00+. Announcements could come at any time.
I think you are a little too optomistic, I doubt it will be in the 50's a couple weeks after approval. The big pharma deal will probably take a couple of months. You may see up to 20 on approval and up to 30 on a deal with big pharma.
Nice dream, but no way. Big boy shorts are not stupid and they don't panic. They are the best of the best. They can hire people to slam this company or at least act like they like it, but are sure it will probably not have big sales and project just a 5% market share that will take years and years to obtain and....yeah if approved, they will cover, but not over 20.00. Now, we might spike over 20.00, but we will come back, and they will slowly cover before Mann ever announces a partner or gets a chance to show this is a game changer. As others here say, sell the POP, buy back cheaper. But then you can hold for 40-200.00 in 18 months to 3 years. And that is cool too. JMHO of course. Like many, Al hates the shorts. So maybe he has a partner lined up for instant post approval. That would be cool. Porche once duped shorts and Volkswagon was the most expensive company in the World for one day. Porche publicly stated that they were only holding like (I dont remember the numbers) a small portion of VW shares. They had been known to have only 5%, so when they said this, shorts thought it was still just 5%. Well, they had aquired like over 50%. Shorts got trapped, cause Porshe was not going to sell. That was just to shaft the shorts. The shorts sued too. But the judge did not like shorts either. Who does?
Let me be sure I have your logic straight:
"Big boy shorts are not stupid and they don't panic. They are the best of the best"
- and -
"if approved, they will cover, but not over 20.00"
So these aces are so sharp that - instead of covering at $8.50 or $9.00 - they will cover somewhere North of here but South of $20?!?!?!
Oh brother. What drivel.
Al has said that after approval he will make a deal with big pharma, he has said that more than once. The deal would be beneficial to shareholders because the company buying MNKD would pay a premium. I don't know if Al just wants to cash out or he thinks MNKD could not market and produce the drug effectively.