Cover up shorties! The market cap is half of equity. It doesn't matter what kind of financial trouble they are in, if they are gerating revenue of $100 billion /yr; they will find a way to continue producing oil at $14/ barrel. Load up the truck!
and they only need cash to expand on their second refinery. This company makes $100 billion/yr in revenue; this is a steal.
Even wo 2nd refinery, pbr is stilll doing ok. Back to $10 in a jiffy
I remember someone was saying last year around this time that SNY paid $150 million to kill Afrezza. I thought that was a joke, but now it couldn't be any further from the truth.
what are you talking about? the only thing he brought is insulin pump. You can say all you want but for the last year, mnkd management hasn't done jack. They could have been litterally in a coma and you wouldn't be able to tell the differnce. Did they do anything except pumping that one line of Afrezza. SNY is walking all over them like trash, not really a partner; they barely mention afrezza at their conference. They don't even delegate an sales effort to Afrezza; they are killing it!
I shorted this #$%$ in the 7's and covered too early, should have kept longer for bigger profits.
This management team went to sleep after FDA while SNY and shorts rapped them in a coma. LOL Wow! almost 70% loss since FDA approval and management is still in a coma.
What is up with the upfront cash of $200 million that SNY paid to mnkd? Mnkd can't even claim that or use it for other expenses? Why not. am I the only one confused here? What good is a payment if you can't claim it as income and use it?
I've been in and out of this stock several times now, made little profits. But what I don't understand about this entire partnership is that SNY wants to advertise and sell Afrezza. But how come we haven't seen any advertisement, and the sells effort? Just how many docs have they tried to sell Afrezza to, to get scripts of 300-400/week? Aren't there like 300,000 endos and pcp's in the US?
What's worse is that SNY asked mnkd to keep quiet, that means NO PR and no advertisement from mnkd crew. So, Al Mann, Pfeifer, and Hakan are suppose to sit back, keep their mouth shut while SNY does nothing? This is the worse abuse I have ever seen in a partnership. Sit back and take the beating, and keep quiet, like red headed step child who does not dare to speak or retaliate.
Am I the only one seeing this?.
Sure Al Mann did not scam them from $11 to $4. Denial is not a river in Africa!
All this time he had the $7.1 million shipment of Afrezza and $50 million milestones payment? And he didn't disclose those news to the share holders? LOL. Any of those two news could have stopped the share price from falling under $5/sh. But why?
Because he wants it at $1/sh so he can take it private. That explains his near 1-year silence and 100 million shares shorted without any worries. The share price will continue to plummet.....
you bag holders will celebrate tonight but the price will continue to plummet. The 89 yo has alot of connections with banks, etc. He will get what he wants; that is no profit sharing with any share holder.
and the share price will continue to plummet because eventually Al Mann wants to take it private at $1/sh, predicted by Jason Karp.
The question is why? I am sure one of you is so eager to ask tommorrow. They had the $7.1 million in AFrezza shipment and $50 million milestones payment but why didn't they release the to stop the share price from falling to $4? It's because Al mann wants it dirt cheap so he can take it private. He's working along with the shorts, fearless even at 100 million shares shorted.