I've been here since the last Q of 2012. I have been fortunate trading in and out over the years. I have always been an advocate of technosphere more than the singular offering of Afrezza. I was excited with the union of MNKD and Sanofi, even with a 35/65split. However, that has been a disaster by design.
Sanofi has systematically sabotaged Afrezza in favor of Toujeo and to the benefit of all existing diabetic regimens. By partnering with MNKD they have successfully smothered the advancement of Afrezza and have done NOTHING to promote it's success.
After the CC, watch the law suits fly. MNKD management is inept.
......on the $2.5 billion dollar nut they have handed the "Big O".
You are far more likely to get a vaginal infection from a tsetse fly than a pps rise in WTW. Can you say yeast infection? Buy puts. Lots of puts.
Take a moment to do the math, you morons. 10-16-15 it closed @ $6.79. Three trading days later it hit a high of $19.84, which is a 193 % increase. Today we closed @ $15.75 which is 132% above last Friday's close.
There are currently 15,780.00 shares short as of last reporting period. I absolutely, positively guarantee you there will be at least 22,500,00 shares short when they next report. Hedge funds will attack WTW with a vengeance.
Oprah effect? I got your Big O right here.
The only difference is the N166a Big O of the porch person persuasion bought $43.XX million dollars worth of a dog stock with $.2 bln dollars in debt.
Smart money sold on Wednesday. That same smart money shorted on Thursday.
Oprah has been a lard butt since the '70's and she will be a lardash in 2016.