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.
yes, it shows management true color and why the shorts have been so successful, without fear, even at 100 milion shares. Because the "89" yo wants it this low.
The question is : why didn't mnkd announce that $7.1 million shipment, they had the facts that may have prevented the share price from going under $5. What about the $50 million milestones, why did they hold that out on investors? Why is the 90 yo Mann, trying to push down the share price? Is he taking this company private for cheap? LOL
you don't think that kind of news, $50 mil milestones, would have prevent the share price from going below $5? YOu should ask why they didn't make that announcement? Why delay til now?
because greedy 90 yo Mann wants to take this private, driving the price down using the shorts, then he swoops in later to BO for cheap. He then sells it out to whoever for all his profits; no sharing with you bag holders.
the question is why the 90 yo Mann and his crew failed to report that milestone to share holders? Why has mnkd management been silent about good news and continue to dangle false hopes, while allowing the shorts to attack the share price? Scam
longs will lose faith after this conference. It has been a year of carrot dangling of this technosphere, meetings after meetings, nothing came out of it.
Afrezza is another story on its own. They have been working on this for 10 years now, why the slow launch? They should ramp up production and PR/advertise and shove Afrezza down every diabetic throats? Shameful carrots dangling.
It's a shame that he is 90 and still scamming people. If I was 90, I want to do good things, just incase there is the Pearly Gate and the after life.
there you go, they made you bag holders wait til 7 pm, finally you get a confirmation that there will be a release of earnings tomorrow morning. So lacking in news that they turn their earnings report into a speculative circus. Shameful, just shameful!!!!