Friend are you 'too' focused on the day-to-day? Me thinks so...well i have been there just gotta chill out and relax...maybe some good physical activity get yer mind off MNKD...'it' will 'happen' when it happens...not before...and so on and so forth...gotta be in for the longer-grind at this point....recall what some of the recent market value price forecasts are some as high as $16.00 a share---but not tomorrow....keep some dry-powder...you can dollar average even a bit lower with these shares...then enjoy them as the prices SP starts an inexorable rise...Enjoy...be thankful....
In waiting...there is no further choice but to wait...do i like it...not really but it is what it is! Period. End of story!
kevinmik- all of us long holders of Mannkind are anxious...but we are just in a time zone where the company is gearing up with Sanofi...and nothing is going to 'speed' up the time to further news...'that' will come when it's time for it to...in the normal courses etc.
I think we have to wait till at least till the end of the year and likely the end of the 1st and 2nd quarter of next year...at any rate I don't think you'll/we'll see much higher than $8.00 during that time period...we may see more weakness than strength during that time just due to a general lack of news with which to accurately evaluate our holdings, etc.
Shares of MNKD will likely just back and fill now perhaps for several weeks....and folks who were relative short-term traders leave these shares for more active 'playgrounds' As to where I think the range of the upcoming SP will be over the next 2-3 months---is anyone's 'guess'...this just 'might' the period where some serious research reports might be released by some mid-tier or even top-line brokerage firms, etc. I think a range of $6.50-$7.75 might be what we see...with the average back up to $7.50 as we reach Nov. 2014...
Glad you caught my phraseology! What I am just saying is that the Opportunity is now out in public all around us...and that is the fact that Mannkind has been approved by the FDA and also ma very large Pharma Group has picked us up! So now the Lady (MannKind) is all dressed up and getting ready to 'Go out on the Town'! Ie: World!
Yes...it is reflected in the price....as all these micro adjustments are constantly made buy a universe of both buyers and sellers too....just a statement of fact(s) GLTA.
Good for you! I think you'll be quite please with that purchase price. I am also building in a nice position in these shares. I hope to grow with these shares over the next several months and well into next year....jury's out on how well our new drug and delivery system will do in the marketplace Diabetes space but early indications-and they are early point to a massive interest worldwide and we for sure have the right company to push us fully out onto the '$treet!
can't time this 'puppy' day to day...we are in a 9-act play and were currently between acts...so we shall drift for awhile...perhaps to a lower level's....like mid-high $6's and regain some footing...or? maybe just hang in this price area...keep some additional powder dry for further share commitments at lower prices if they develop....jmo...and yes i am 'building' a long position...new-
Shares opened on a subdued to slightly lower note today on markedly reduced beginning volume...prices look to just settle in for the next days and even perhaps weeks as MNKD market regains balance with both shorts and longs vying for center stage. But the problem is we are now between acts...and the curtains for the time being have closed. The next act is still a ways into the future so just expect major backing and filling in here price-wise and a trading prices: $6.50 to $7.75 - for awhile till the fall me thinks.
Your comments and thoughts are most welcome.
I am re-establishing a long position at these general levels.
'Tough Crowd' Idea is to just forget the day to day....week to week...stuff....with no near term catalysts...things should slow down a bit and shares 'should' stabilize some...hopefully with an eventual upward bias, etc. Long.
Thank you! I very, very much appreciate all of your efforts...he'd 'show' on TV just wonderfully! The next day after the broadcast the volume in the shares would just surge!
Old post see it was written on 7/18/14...a month and a day ago...shares were in the $10.50-$10.80 area....my what a difference 4-weeks makes!
Too soon to know...we got the whole rest of the summer, fall and winter...into early spring to go through....