Dendreon was the 1st biotech I bought, soon after I started handling our IRA's. i knew enough 2 b nothing but dangerous in the market. Bought 7k shares @ $7 in each of our IRAs & sold 5k from ea IRA for $42 less than a yr later. It was inceditable. When DNDN started falling apart, I bought some more shares @ around 4 in ea accout. With the bankrupsy, We r losing $30k on DNDN - now DNDNQ, in eac IRA. Sorry to lose it but so thankful for what we made early on. Have lots of MNKD in each IRA. GL to all Longs - may we be as lucky as we were with DNDN.
It actually went above $13 in af's on the Samsung rumor. We can only hope it happens again - better yet, that it's true this time at $15 to $18 ps or whatever they r saying. GL
Ridiculous. Nothing to be euphoric about at this time. Mgt did a shabby job at best on the cc. They need an articulate, upbeat spokesperson - which they do not currently have. Some analysts are already lowering targets. Shareholders deserve better - they don't invest to watch the stock price drop dramatically. U do realize some people bought this stock for double or more than what it is today. Many don't have more money to put into it or don't want to put it all in one basket, which makes sense. They are stuck unless they want to take a huge loss, which it appears many could be doing in a panic - also bad. It will be back but in the meantime, at least on paper, this is no picnic and is a real shame for true investors.
Simply makes no sense. Sales expectations were set based on a normal role out which has not yet happened. Such manipulation. Buying more, holding - Long.
and sales they reported 4 MNKD, what r your guesses as to what will happen b4 earnings, after the earnings report on the 7th and after the conference call on the 8th. Can only go one of two ways and based on how low the stock is already, hard to believe it won't start back up again soon. GL
A little scarey since the stock is already ridiculously low. Let it be an upside surprise.
Bet it will take out $10 this year. Something will happen and the tides will turn. Maybe a surprise Technosphere We will see. With all the shorts in it, won't take much for it to go up once it starts. GL
If BO, why would insiders sell and why doen't MNKD buy their own stock? Jusy wondering. Would love a buy out or any deals. Any great news would be welcome - bring it on.
Because they r a biotech company and that's the way most of them behave - especially the smaller ones. Just the way it is. Biotechs = very risky. Losses can be very bad. Wins can be INCREDIBLE. Counting on the WIN with MNKD. Patience is a virtue - GL
This morning - says stock price too low 4 MNKD to pay debt due by August. They say it will cause stock to be further dilluted due to lack of enough money by MNKD and that SNF can not help. Another short bash tactic? Any thoughts? Out an hour ago. Link will not work. Google it. Thx
Would b nice but unlikely. Lots of damage done by GS. Needs 2 recover b4 next punch. MNKD needs 2 quickly take steps 2 respond w/good PR instead of acting like a turtle w/it's head in. Short interest increased. Days to cover now at 9. Folks need to do their own DD. Don't buy based on possible buyout. Can't guess tops or bottoms. If investor, be one - don't b a sheep following herd. If trader, u know it's heavily manipulated & shorted. Trade at your own risk. GL