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.
Nope, question is, what this dies for sentiment? What does it infer about Sanofis commitment?
Seer, I can see this heading to $2 and I can see this headed to $20. I prefer the risk/reward to the long side. The move to the upside could be violent and quick. If scripts turn up and more importantly there becomes the realization that this is actually going to be a success, the market will pay up for it quickly. Something along the lines of what happened to Tesla. I think we will know in the next 6 months which way this goes.....
Need a turn in sentiment. Amzn now worth 20+ % more than baba even though baba in a larger growth phase with a much longer runway. Remember, Amzn was under $300 a short time ago.
I'm thinking he could post it being blessed as true by the pope himself and you'd say it was all fake.