And with the tax free premium we had picked up almost entirely gone, yahoo's entire market cap is now only about $3 billion different than their tax free ownership of baba. Even most of yahoo Japan ownership is "vanished" within yahoo. Marissa, are you friggin paying attention? Just amazing....
Amzn near 52 week high and baba near the lows. Is this due to china slowing? Slowing to what level and even so, is this slowing materially affecting baba to the extent we see it in the share price? If we believe China is maturing somewhat and moving toward a more consumer driven economy (hence economy slowing a bit), how is this bad for baba? Baba has its hand in almost all aspects of consumerism in China. They even have a piece of Tom Cruise's new movie that will do very well domestically but you can bet will also do well in China pushed by baba. By the way, it's actually a very good flick.
Well, we got the 80 cent move alright...lol. This thing getting just crazy. Gotta think the market is pricing in a "Bidu" type earnings move for baba.
Massive contango cash to front month as well as front month to second month while headed into a weekend. Market needs to be down a bunch of S&P points for this to hold even tomorrow. A whiff of green in the market tomorrow and we can see 24s.
Agreed, this is why I threw he qualifier in there. Although there has been this tendency to get a bit of a pop in scripts after a couple flat weeks.
Today sure may have been that flip. Not for nothing, but if we get a good script number tommorow. This could actually pop. It is coiled. Note that I said "if"!!
The key will be the results patients are seeing. If theses a1c numbers continue, that will become the primary driver of Afrezza's future success. That info will spread to the Physician community. We are already seeing it happen in the patient community via social media. Next several months will be interesting as many more a1c numbers will be availble for consideration
Whatever the sales this Q, give or take a couple hundred grand, whatever the dilution, be it 3% or 3.5%, none of this will not matter long term. We know Afrezza works so the only thing that matters going forward is will Afrezza sell or not? DTC has begun in earnest with the 8/3 edition of Time Magazine. We will know the answer in the next 6 months or so. Need to see a trend which will become clear soon enough.
To facilitate a nice stock drop. Whisper in the ear of a few well heeled friends last week for instance. Somebody made some nice coin. It's the way the game is played. The big money always wins. The good news is, this last dollar or do drop is artificial IMO. Look for it to flip soon....
What I don't get is, shouldn't the big money have known the "TIME BOMB" was coming? Less than 24 hours earlier they drop it 8%? Of course there wasn't much volume so who knows. Maybe it was just a good day to crush biotech so MNKD qualified.