Baba needs to respond on this issue and really get this out of the way. It is remarkable the run we have had in the recent days and then this news and the stock tanks. This smells suspicious to me, this was all know. Will we see a rebound next week. :-)
Common if you violate anything there you will get destroyed, Just see how they handled the stock market crash just few months ago. you for sure don´t want to screw with the rules there and they want to be seen as a real business place.
We are finally on a uptrend and braking 80 and then this, why on earth now. It always seems like when we are around 80 something negative comes to take us down to 60/70. Is this just a coincidence, i really don't think so. But BABA must fight this and act like a US company though I am 100% sure they are not doing anything criminal based on Chinese laws.
Are you calling my a short ????? I never short, think it is unethical, I rather stay away than short and on this stock I am a big long baholder for over 2 years,
Maybe , this is on a gray line if something is in the works but I have no relation with MNKD other than being an investor. I guess Matt wanted to say more. Believe though I really don't know if Matt is trusted at all. He blew it for me yesterday. I knew that offering was coming but his silence was a big disappointment.
I am with you on this. I stick with stock I buy and that policy has worked long term. But this is the worst hold that I have had and should have sold long time ago. I have average down to 3.5 and bought recently at 1.6. 10.000 shares and lot of losses. I am also in Apple so the year 2015 and 2016 has been very hard after good years since the stock market crash. Hope my sticking policy will work. It always has. :-)
I am not sure this will end, there are many bio companies that live forever with offerings and even reverse split. So Matt and co will keep this alive. I am more worried this will hover around 1 for many years to come. Now I just hope we can start selling something of the product and if that is possible we will move up, it will though probably not happen until 4q 2016 or 2017. I can wait. I think we have interesting new people so I will give them a chance to start market Afrezza. But this is the last bio company I will purchase. :-)
maybe he is just getting hundreds of emails and he replies with simple phrase, don't know but thought this was interesting and shows that he probably wants to see higher stock price to make some money himself.
Yes I am a bagholder, have been bagholder many times. Consider myself a bagholder in appl to. :-) But this is what I got from Matt and lets see if he has something to offer in coming days, I don't know.
Personally I think people do what is best for them and we just have to follow what the "person" does. Matt has stock options for 0.75 so if he just get this above 3 he will personally get really rich. At this level you can make huge dollars. I am on margin and don't have available cash but looking at the risk/reward this is an interesting situation. I think the management team will try everything to make this work in the long term, they can make huge money if they succeed. But I really don't like this company anymore and think we have been threaded like hell but greedy people will make money and I still believe we can make money out of this in the end.
I am not making this up, I send an angry letter to Matt and he replied. See below:
Watch for an announcement soon.
From: Dagur Jónsson
Sent: Tuesday, May 10, 2016 6:51 AM
Subject: What are you doing
What are you doing ?????????????
You promised transparency and good communication with shareholders and I truly believed you bit why did you saying nothing about the offering you just signed, what kind of transparency is that. I am now yet again seeing the stock price tumbling on the action of the management team of MNKD and it is getting sick. This company has been in a terrible stage in over 2 years and is anything going to happen to turn that around or are you just getting paychecks and smiling at our long term shareholders that have been suffering now for a very long time.
Investing in MNKD was my worst investment decision and I can't believe what I have witness with this company such a difficult thing to go through.
Please come out, sell the offering, communicate on twitter, get some live into your organization. Show some leadership and start delivering. You have the product now win over your long term shareholders.
Have a good day.
This is a nightmare, two years of hell. Know this will go up but this is so getting tired. Wish I had not seen this symbol. So dissapointed with the management team, had hopes with new faces. Have to stick it through, I am a bagholder and I also own Apple. Lucky I have a day job.
This will hit 1.5 this is all just a game and somebody is making big dollars on this though yes the company sucks.
It is sure a sad day regarding Matts credibility but this company's management team has suck for a long time. But they have been hiring new faces that probably want to keep their job and get success so I will hold on a turnaround based on the new people.
Agree 100% but at least Matt and his team are greedy , so they will keep this company alive. And they now have the opportunity to make huge profits if they turn this around. Guess gread will do to good in the end. I think we will see this higher but it will be a long waiting game