BTW, Merck is known in Europe as Sharpe & Dohme, the former owner of the Amphastar facility until just a few months ago.
It looks like this MNKD deal was done much earlier but they had to wait for the IPO to come out with the news. I'm looking into buying some AMPH while it's still cheap.
From the Amphastar Website:
The facility and other assets owned by Amphastar France were acquired in April 2014 from one of Merck Sharpe & Dohme’s businesses (Diosynth France).
perrham, you make it sound like Al invented the pacemaker, which he did not. Do you even know how he was involved with the pacemaker? I'm a big fan of Al, but don't enshrine him with accomplishments he did n't do.
No need to quote anyone. Just look at the bashers. Case in point, Child molester hiding in the Philippines bashing MNKD. He claims to have no position with MNKD. Do you think there is any possibility that the guy wrote articles bashing MNKD as a hobby? How about Adam F? He does this for a living. Do you think he was trying to be a good citizen by warning investors that Afrezza is a scam? Until of course the Adcom voted 27-1 then he concedes the FDA will approve Afrezza.
" they are making nice money shorting now" - how do you know that? The great Tourbillion is only up 4%? 25% for all of 2013, less than the S&P. I don't know why you get so gullible. They look good because they lie, distort, misinform, cheat, and hire people to convince you they are doing well. They are succeeding in that aspect. But making money? Not at all.
"If you're in at $10 it's going to be a while before you're even again." - you mean 5 to 10 days is a long while? That's really what you guys are hoping for - "if we can get the pps low for a little time maybe some Longs will sell". Actually some longs bought, so come short volume report day, it will show that July 31 short volume rose from 72M to 74M . It already shows from Jul 15 short volume of 72M that all those 10M+ volume days were simply sell and buy-back, netting to more short volume outstanding.
yeah, down but short outstanding is rising instead of going down. the only explanation is that they are shorting more that is why it is down and they have not started to cover. Or in other words, the sellers are mostly shorts. the buyers? well also the shorts. So the pps is just a mirage.
Habib, you should use your 72-hour ceasefire more wisely instead of sending senseless messages like this.
Newly created I.D.s dont count. If you want to be taken seriously use your real i.d.
deangulberry, they hit 52 week low last week. Yes they are up 6% today. Read all the exodus of their talent. They are losing talent by the barrel.
So was Pan Am if you only want to look at historical performance. They have not panned out and Greenhill is in trouble today. Read up before praising a company.
rsr, $14 at IPO is at 200M shares which is equivalent to $7 today. You should look at Market Cap, not pps. Market cap at IPO was $1.6B with Al investing just $700M. With the dilution, Al converted $300M debt to equity (for exact amount see 10K). Al's ave cost today is around $6. so 5X to 10X of his cost is $30 to $60.
and it $7 - $8B for EU and Asia because there is no approved product yet, no manufacturing facility, no patent protection yet. But they have all the prototype for product, fda approval, patents, and manufacturing. Access to technosphere technology for Afrezza only. the problem with Asia is that the Chinese will reverse engineer technosphere and copy it without the need for patents or fda approval. Also EU and ASia have a lot of smokers which will make the label they need to apply for a little different.
A really good possibility: 2 partners in U.S. with milestone payments and buyout for Europe and Asia for $10B. What's making it hard to complete is ironing out promotional marketing rights and responsibilities 2 U.S. partners guarantees that the partner will not mothball Afrezza to prevent caniibalization of their competing product because the other partner will take over the market.
keep misleading OPC. Keep it up. BTW you provide some really good facts, mostly name calling and insults. I suppose the shorts could use a leader like you.
35M shares short covered by call? You give them too much credit. It reminds me of OPC predicting long ago that the shorts were covered by calls and warrants. PPS jumps from $2 to $10, did the short volume go down? Not at all. Warrants and calls expired and no reduction of short volume. Did the short volume go down at $11? No, it went up, even when much of the calls were expiring. So, no, you are not right. If you study the behavior over a number of years you will notice that the shorts don't own the calls. On the contrary, many of these calls are naked and when the pps goes up, the MMs who sold them scramble to cover, just like shorts, adding to the buying frenzy. Mark this post and repost it if I am wrong.