Thuis cc was like a status meeting nothing new but nothing bad. Would like to get some announcement but with no PR I was not expecting that. We will tank in the morning but find our way up over the day and we will be trading around 1 for awhile. There were some positive take like they are in this to succeed so they are not going bk and they believe that. But this will not see anything big until after the summer. I sure hope shorts will just leave us alone and allow us to trade sideways until we get afrezza back.
This has become a swing stock, I guess the trading range is 0.75 to 1.10 so we will go down in the morning but we will soon get up to 1 again.
What then ?? he promised that he would have a CC call to update us on the status of the company. If he had not done that what then, everyone would be spreading rumors that he was hiding something and so on. Ok the CC was held and that is good, he did not delivery anything but he also did not say anything negative that we do not already know. There is no surprise here, Of course it would have been good to get some new information but this is a waiting game. It amazes me how many shorts are around this company, under 1 dollar. You really start to believe that there are many out there that wants this company to fail. Why not give them a chance, at least next 6 months. There are so many worse bios out there that should be hammered like this one. This is not the first bio company that struggles and faces hard time, so this game played here in a very pathetic one. I am a bag holder and will hold this out though it might take years.
In my point of view shorting is not ethical and does nothing positive to the overall market. So I personally think it should be banned. If you don't like a company you just don't invest int it. But using shorting to destroy a company that is trying to do good in the world is ugly and should not be allowed. Simple. Also this is a bad karma and it will haunt you.
So you short it to make sure it goes bankrupt, why not just let it die be itself. This shorting myth is just an ugly game that is now taking down the whole economy. Ok you can personally make money by shorting but I still believe it is not ethical though companies has a bad balance sheet. Overall shorting provides nothing, adds nothing new, creates nothing, only destroys for a personal gain. Ugly.
It is remarkable how many bashers and naysayers come out after the cc last evening. Are there really so many people interested in this small bio company. We might think it is one of the most important companies in the world. Of course longs are angry but most of the negative people here are shorts that should have now made a killing of the amazing downtrend we have seen. Most longs probably have sold and we are few bag holders here that will stick to the final day. Remember bios go in circles and this one could easily become a 3 - 4 dollar stock in 2016. Shorting a 1 dollar stock is in my mind a crazy idea and if you shorted early 2015 you should have covered and moved on. It is just a pure gamble shorting here as it is staying long but please don't talk trash and stick to the points. This company is moving forward, the management team believes they can turn this around. We will get Afrezza in April, we have some cash but need more but the team does not want to give up or go BK so there is a big fight that will be going the next 6 months so lets at least give Matt that time. Any news of additional cash will skyrocked the stock so shorts should not be as confident like they are. Anything can happen.
This drug is only approved in USA, there are some countries that accept that but most countries have their own approving process. Europe Union has it own approval phase, so does China. So it is a process to get it approved outside USA but with the data already submitted in the states it should fast forward the approval in other countries but this is not so simple. I live in Iceland and here we have to approve drugs before entering the market and we are only 330.000 people living here.
This is a sad man, he takes sides and some companies he truly hates. Why he wants MNKD to fail so badly I really don't know. Must be some big player paying him.
Yes the patent speech was a sell pitch, also a reminder of the value of this company just in their patents. I think they were also reminding shareholders of that.
They are master in controlling the price, we are at an interesting stage now, might get some push from here but we have found a bottom in the 0.90s which is good.
Tech stocks are getting hammered so this move is not BABA related, the overall market needs to find a bottom. We will hereby only trade with the market. This year is starting ugly and this is just a very though and negative market. But with a positive market trend we will go up.
How is this possible close at 0.9678, down a cent from second before. This is #$%$ and must be illegal. I really hate this end of trade #$%$. And yes I hate the market as well. What a torture these days are.
Now it just hurts more, i need the market to go up for few days this is killing me. It makes not sense, market goes because of a fear of a rate hike. What kind of a market is this.
Oh I hate this stock , of course we ended at the low of the day though the market had a comeback. Funny to see the spread between the bid and ask and how we were never allowed to break through 0.9. I think it is just computers buying and selling to them self.