I worked for 3 decades in the research department of a major pharmaceutical company. Over the years we hosted many elderly Nobel Prize winning scientists, who were touting their last great scientific discovery. To a man, they were all fruitcakes.
I’m not usually prone to conspiracy theories, but this total indifference to MNKD even after the ADCOM has me wondering if some VERY important forces would like to see Afrezza derailed for good. There is very big money in an ancient pharmaceutical field (injectable insulin) that faces total extinction if the FDA does what is right and approves Afrezza.
We all know that the market is a forward looking mechanism operating at least six months in advance. If that's the case, Mannkind investors must not like what they see in the future
The following graph shows that the longterm uptrend of SLV is still intact. There was excessive buying in year 2011 that was all well above the trendline. Only a fool would short at current prices. The time to short was in 2011.
When the Second Amendment to the U.S. Constitution was written, the state of the art firearm was the flintlock musket. In the hands of an average operator, this weapon was capable of getting off no more than one shot per minute. Mass slaughter of the kind we just witnessed in Newtown, Conn would have been totally impossible. It is time we used our heads and start to consider what the Founding Fathers had in mind at the time (including their interest in a “well-regulated Militia”) when the constitution was written. I am certain that if they could be aware of the coming advancements in firearm technology, the amendment would not exist as written.
Investors have been advised to take capital gains befoe year end to avoid the almost certain increase in CG tax for 2013. Since almost everyone has a capital gain in AAPL, I expect massive year end selling. The big drop from 700 may be due in part to this effect.
Because The Street told me so. See Editors note at top:
<<..........when all the shares offered last week at around 34.75 have completed their purchase. >>
What is the best guess of when that will be? I estimate by the end of the week.
The following quote is from their often-reported paper on KMI.
<<TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. >>
<< Maybe he's doing this so that in future he can try & claim he made a prescient sell call before the 58 million share release by the partners? >>
When will that famous 58 MM shares be sold? I thought the process started on last Friday with that high volume.