I cannot remember a time when commodities were flashing recession and stocks were trading at all-time highs. The disconnect between commodities and stocks is greater than probably it ever has been in the history of finance. QE has made such a mess of the world that when this bubble bursts, there won't be any way to resurrect it. The Fed itself will be reformed or ended.
You could have said that in natural gas in 2011. Or gold in 2014. Picking the bottom is a fool's errand. So have at it.
Why do people ever go long commodities? You can go short and the volatility will always give you an exit if you're wrong, but usually you're right. At least I am.
Awful number. As predicted. Oil is going to $40, then $35, and it may not stop there. From bad to worse in the oil patch. God help the longs.
If NOVO buys us or becomes our new JV partner, they can co-market Afrezza/Tresiba as your one-stop all-day insulin solution.
Sales are coming. Afrezza is a great product. The user reviews are glowing. I've yet to hear or read a negative review from a consumer and not a paid shill. When word finally gets out about the product, sales will ramp. Then the shorts will be trapped. $20 is my target.
Al Mann is a billionaire and could wipe out our debt with the stroke of a pen. He won't let his holding become worthless. There are so many brain-dead follow the herd shorts like you in this stock that any positive news could start a stampede to cover.
MNKD has been down to $2 three times now in the past 10 years and it has always been support. The channel is basically $2 to $11, with a price projection back to $20. I'm holding.
The one who have tried it, love it. If Sanofi has an ulterior motive for not promoting this drug, that's another story. But patients who use it are very loyal to the product.
Because SNY is killing us.
I'm with you. I also thought the technology would win out, but obviously there's more to making money on Wall Street than having a revolutionary product. MNKD would make a great case-study for business school.
From the replies, it sounds like Afrezza is a revolutionary product, but patients don't know about it and neither do doctors. And the doctors who do know about it don't want to be bothered prescribing it for various reasons and insurance companies don't want to pay for it. But doctors and insurers will prescribe/pay for it when their patients start demanding it. So it really sounds like a marketing problem, which is a correctable problem. Like others have said, a few TV commercials should work wonders in that regard. Why it hasn't happened already is the real question. I hate being in this stock because of its insane volatility, but since I still see a future for this product, I'm holding and I hope that mgmt can get the word out before they run out of money.
Putin operates by his own rules, this is true. It is also true that he overplays weak-hands. He is rotting out Russia, not expanding it, and it can implode at any time. He is completely beholden to oil prices and the willingness of foreign powers to tolerate his risky behavior. At any time the West can decide that he's become too unpredictable and destroy his economy with more sanctions. Russia is an injured bear, which can be dangerous, but is also close to dying. He has no friends who count outside of Russia and very few in Russia. He's isolated his country and himself, and while I put nothing past him, at some point he will succumb to the desire of his own countrymen to live in the 21st Century and not become another North Korea.
Thanks for your cheap shares! SPX going to 2300 by YE. No rate raise until 2016 at the earliest. QE forever!