Intermune opened the year on January 2, 2014 @ $14.60 (was as low at $9 in July 2013) & the company is now being sold for $74 eight months later. Intermune Board of Directors & Management has done a great job for their shareholders delivering significant shareholder value ending with a great buyout. It's now time for Mannkind's invisible Board of Directors and passive Management to do something for their shareholders to create significant value. I hope they have a lot more to say and deliver above the beyond the Sanofi deal when the HSR expires. This coming Tuesday is 15 days since the HSR went into effect and the earliest date the review can expire.
You just can't come to grips with the simple fact that Al screwwwed all long holders - it is really quite sad, and I genuinely feel for those who held in expectation of the great deal Al alluded to. There is absolutely no reason for the shorts to cover anytime within the next 6 months - and it is very likely that MNKD will hit $5 before it ever approaches $10 again.
With all due respect, what makes you think that most people on this board are only interested in what happens within the next six months? I do not think that six months is even relevant looking at the bigger picture.But again,that is how I view possible hit of $5
Sentiment: Strong Buy
Instead of 5 times the money we would of been happy if pps just doubled.
Instead, to our amazement it took a nuclear submarine dive.
Thats how it was after every positive news.
And now we are waiting for another positive news about a merger.
Sentiment: Strong Buy
I agree stock...at the end of the day management has presented great milestone accomplishment in an uninspiring manner and in some cases executives like Matt Pfeffer have significantly down played those accomplishments. Mannkind's PR initiatives have been inconsistent, poorly timed, vague, confusing and they still haven't presented any financial facts to support future growth going from Commercial Sales. Mannkind needs to flick the shareholder focus switch on, so they can start focusing more on shareholder value and actually start delivering real time consistent shareholder value today and stop extending the creation of shareholder value out to the next big milestone to happen in future. We need Mannkind to start backing up great milestone accomplishments with great PR initiatives that are clear, concise and provides transparency & clarity about the future.