Thumbs up - Occurs by 1/15/2014
Thumbs down - After 1/15/2014
OMRP got a huge bump for P1 & P2 data.
MNKD is three and a half months from approval and the stock is stuck in mud. It's not as though its the market holding back the stock as I have stated everything is on fire. Why Why Why?
They always take it close to 5 Fridays and drop it monday AM. Why jump in now? You know something or just got the itch.
I got this from MNKD board. I am long MNKD just curious how it would fit in with Roches product lines.
I am tired of hearing "be patient" when I see every biotech around me have huge run-ups. The company need to update ALL investors not just Al's golf buddies.
They have to file an SEC document saying payment is made. Why can't I find the document???
If they paid it off or not they have to file something. Management needs to tell us its done or we have a new plan to deal with it.
Even bag holders from seeking.alpha are here trying to trap newbies while they unload a losing trade thanks to david.alan84's totally bogus Michigan story. Unfortunately, we now have sore "seeking alpha" bag holders doing everything they can to run up the stock to unload and shorts who want to keep it low. Best thing that can happen is SA sells to shorts and we can go higher on fundamentals.
With a few exception of companies with no prospects the whole sector is ablaze. Even companies with phase 2 trial updates are roaring higher. Most of the bio tech stocks are close to 52 week highs and clearly moving up.
I find it hard to believe MM's can hold a stock at 5 for weeks. Tomorrow we should get the SEC filing for 115 M debt payment. We will not get an announcement for clean 74 day letter. Matt has already told us that. My question for Matt is why not?
As humans are confused machines have figured out sell at or above 5 buy at 4.92 or below.
Until SEC filing anything is possible. The reason we have SEC filings is to make sure everyone is on the same page.
I was expecting it before market opened.
AMZN, NFLX, TSLA are all cult stocks powered by retail investors. Al has chosen to shun retail investors believing what comes from his backside smells like a rose rather than #$%$. When first warrants were issued and an individual got on the CC saying this exact thing they were panicked.
This was a paid "pump" probably to save fellow Seeking Alpha morons. Look at the comment section of the article author was paid to write this worthless article.
The article was poorly researched and was negative about the way the management runs the business. With 2.85 Million fully diluted shares it mentioned only 2.2 million. No mention of the potential market opportunity of first-vu etc...
Looks like shorts will cover in January...
i) Deerfield cash infusion
2) The 115 Million loan repayment
3) The 74 day letter
The above are calendar based and easy to follow...
4) Hopefully a partner.
The way #1 and #2 have worked out stock moved up and down a few pennies. Lets hope #3 and #4 result in real movement. #3 should coincide with 50 DMA pushing down on the stock at 5.
This is exactly what Cowens analyst Simon said was cause for concern I forgot his last name. He also implied advisory committee. He is clearly aiding the shorts and in the next call (CC, Partnership or 74 day letter) expect him to introduce more FUDge.
If you are short DGLY it has been a really good trade. You have a hefty profit thanks to the likes off the Seeking Alpha crowd and David.alan84 it makes sense to cover. If you can hold off buying back 2 more weeks you can ignore taxes for a whole year.
The way I see it all the bad news is out. The debt issue is resolved, another government shutdown averted.
The shorts have one eye on the stock price another on the calendar. If you wish to add or start a new position now is the time to nibble.
Sentiment: Strong Buy