There are some very uninformed traders here - Intellectual property ALWAYS has an intrinsic value beyond licensing.
I am sure some of you know what happened to the exhubra patents after pfe pulled.... a mann bought them.
in many industries ownership of ip on avg is worth 6-15x 3 year licensing revenue but in the case of bio tech there are no metrics that apply as it is drug and ds specific.
Sentiment: Strong Buy
To put it kindly, this assertions in this post are WRONG. Indefensibly so.
First of all, there is no shared cost deal with respect to intellectual property that would prohibit either side of backing out(for any reason) - and by (any reason), if you somehow know that it is a fact that "good faith effort" is the language used to describe the ip owner's right to exit, then, based on reality, entirely, MNKD could exit for any reason and use this BROAD WORDING as justification. Legally, speaking, "good faith effort" is not a provable standard one can just meet - Even, in the most extreme circumstances were to apply and Afrezza were to break all sales records, MNKD could argue that it did so, despite, SNY's lack of marketing. This of course would be unprecedented and would likely never happen unless there was evidence suggesting it were the case - either way, we are getting off topic.
Saving the most absurd bit of conjecture for last, for the author to suggest that the chances of either party exiting this agreement as nil, is not only blindly insane, it points to the author's complete lack of understanding of how an agreement like this actually serves to qualify both sides interest with respect to their initial leverage.
Also, if one is going to quote anything contractual, in any forum, they really ought to back it up with proof, otherwise, despite casual gratification, they not only risk ever being reputable, they will never be taken seriously.
From what I have read with respect to the contract with SNY, I liked and continue to like MNKD's positioning and leverage.
Sentiment: Strong Buy
it's all about the amount of days... they have been on 12 consecutive days... you don't want to be on for 13 if you are short... not going to explain further DO YOUR DD and stop day trading
Wrong they are being pitched as complimentary for a reason - look at Afrezza as the package offer to go with Touejo in hopes that boosts sales in absence of lantus.
The growth or package of Toujeo is Afrezza - SNY would not market them that way if it wasn't both effective and marketable.
But you can't today... at least not a down tick... Bullish buffet... thnx sec!
They are the reason for this reversal - nothing has changed - once you can understand and accept this you can PROFIT from it - that said with respect to health care it is morally dubious to say the least.
I am not a proponent nor opponent of capitalism - I just try and figure out what game I am playing.
Never underestimate an opposing pov. no upside. Super bullish.
Sentiment: Strong Buy
Though I share your bullish sentiment and believe this is the best shot I have of turning 200k into 2m - I do not ascribe to the simplicity or tenor of your view.
That said - we both still win.
I do not share the overall the depth of your belief, BUT, do not get me started on the lottery - the lottery is flarking crazy and imo a gross violation - Though I am a pretty disciplined investor w equities, I am also a compulsive gambler who can afford to go to Vegas, comped, high stakes rm etc - there was a time where I liked to play scratch offs DESPITE THE OVERWHELMINGLY AWFUL ODDS.
As sad and pathetic as it is, I could afford to basically throw my money away, but all I EVER SAW day in day out were poor folks doing the same.
Vegas gives up to about a 48pct chance of winning what you wager.
The lottery pays 2-1 on 20-1 odds - like it or not, people will gamble - the state/gov't has an obligation to at least allow them the same odds as those who cannot afford to travel/stay at a casino etc.
just my belief - but it is correct.
I did not listen live but I did read. I thought it was fine but I do know they are still in a tough place, particularly with WFM's onslaught - harlem is next.
That said, I think their brand still maintains a pretty fortified, desirable space with respect to nyc and certain areas of NJ(I do not have much ind data regarding LI or Stamford) - I think if you were to ask your average affluent new yorker they would rate FWM #1 ahead of WFM.
I know if you were to ask your average nyc realtor they would tell you proximity to a Fairway can increase an asking price 3-7pct but WFM also is strong in this catagory.