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WMI Holdings Corp. Message Board

kingedxxxxx 164 posts  |  Last Activity: Apr 16, 2015 3:52 PM Member since: Aug 20, 2009
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  • kingedxxxxx kingedxxxxx Apr 16, 2015 3:52 PM Flag

    No.

    Look at MNI and LEE that are dealing with conversion from print to digital in the newspaper space. MNI is much closer to the DXM chart than ANGI.

    Try MM (Millennial Media) that is trying to provide mobile ad solutions for customers. That chart really shows some pain. Another is FUEL.

    Common denominator. The emergence of a digital presence has proven difficult for both those providing advertising options and those relying on them. Here we have DXM, LEE, MNI, MM, and FUEL all struggling to generate enough revenues by finding meaningful solutions for its customers.

    Not looking good.

  • kingedxxxxx kingedxxxxx Apr 16, 2015 1:57 PM Flag

    Typically, yes, just as start up companies. Once a company moves from exploration to production such as with a uranium mining company, for example, the market must now look at revenue and growth metrics to value the company.

    MannKind and other biotechs go through this same transformation when their product gets approved and starts gaining traction in the marketplace. The market starts to move value from a speculation to a revenue metric.

    Notice that MannKind's market cap has dropped significantly ever since the partnership announcement. The market was able to forecast future sales revenues by this metric and now is factoring in the growth model based on early Afrezza sales. Pretty obvious that the market cap is coming down for these reasons. Totally expected, by the way, for anyone that has a financial understanding of how it all works. Dramatic increase in share count is confirmation in consideration of this analysis.

    Of course, MannKind valuation is also factoring Technosphere platform and its potential. Yes, it receives a huge discount due to its unknown future, but aids in MannKind's overall value.

  • Reply to

    Hospital Pharmacist

    by bmcgoo_03 Apr 15, 2015 11:02 PM
    kingedxxxxx kingedxxxxx Apr 16, 2015 1:45 PM Flag

    The endo will have to come around as his patients continue to struggle with the current regimen prescribed. As awareness shows that Afrezza is superior, this endo will have no choice but to prescribe an option that may be better.

    The key is exposure to the diabetic community because they will be the ones demanding Afrezza from the endo and, with the proven superiority, the endo will adapt and make the changes. Will it include Toujeo with Afrezza? Doubtful. Of course, that is not our problem.

  • Reply to

    Morningstar **** BUY

    by jiefei888 Apr 10, 2015 9:21 AM
    kingedxxxxx kingedxxxxx Apr 16, 2015 1:37 PM Flag

    Slobmutt won't bump anymore?!?!

  • Reply to

    script count is fake

    by megprg Apr 16, 2015 8:28 AM
    kingedxxxxx kingedxxxxx Apr 16, 2015 1:36 PM Flag

    The pumpers try to spin everything in their favor. Well, I guess the bashers do the same. :-((

  • kingedxxxxx kingedxxxxx Apr 16, 2015 1:31 PM Flag

    This is the reality of it all. Plus, one must look at more than PPS to get an understanding of the true value of MannKind. Market cap indicates a valuation of over $2 billion right now. This is without virtually any revenues, milestone payments from a partner that have not been realized, and an uncertain future regarding Technosphere.

    Obviously, the short position thinks that MannKind is worth less than $2 billion. They will be proven right in the short-term if Afrezza sales do not trend upward at a much faster pace to show promise that MannKind will actually have a path to pay off debt as well as achieve profitability.

  • Reply to

    Japan Court Halts Restart of Two Nuclear Reactors

    by vinebills Apr 14, 2015 5:02 PM
    kingedxxxxx kingedxxxxx Apr 14, 2015 10:16 PM Flag

    This is terrible.

    {"It is the first time in decades of nuclear history when citizens have tried to stop power plants, and won,” Mioko Smith told RT, mentioning that any initial appeal will take between six months and a year.}

    We could be talking years depending on how this works its way through the court system. Can PM ABE override the court system and allow these nuclear plants to fire up.

    Imagine Japan does not restart plants in at least a few years. What do you think they are going to do with their huge supply of nuclear fuel? Sit on it or start feeding it to the marketplace?

    This could be a major blow to the uranium sector and push back a recovery by at least a few more years. Thoughts?

  • Reply to

    CEO Change No Big Deal?

    by jetty7177 Apr 13, 2015 9:01 AM
    kingedxxxxx kingedxxxxx Apr 14, 2015 4:02 PM Flag

    This stock is terrible. One CEO leaving; another entering. They cannot make money. Loads of debt. Maybe dilution. Uranium sector dead money for who knows how long.

    Can I PLEEEEAASE have some cheap shares at 75 cents. :-))

  • Reply to

    amazon home services Vs DXM

    by lorenzonmartino Apr 14, 2015 7:25 AM
    kingedxxxxx kingedxxxxx Apr 14, 2015 2:49 PM Flag

    Hard to argue with you. Going to take some kind of miracle at this point.

    They had the chance to develop a meaningful digital platform years back when they still had their print base. This way they could have provided a more competitive product as customers converted to digital leading to better retention.

    I think one of the biggest problems is that DEXO, SPMD, and now DXM have been cash constrained as they have had to continuously try to support its debt load. Hard to come up with $500mm or more that was likely needed to develop the digital platform properly.

    DXM is done. Wonder how things shake out in the next BK? The banks going to end up with most of the remainder with unsecured bond holders getting little and equity getting nothing. This stock could easily trade back under $1 as it is already obvious that equity is pretty much worthless.

  • kingedxxxxx kingedxxxxx Apr 13, 2015 10:47 PM Flag

    You not around the day before Adcom decision?

    I was not, but it was a clear attempt to shake out many shareholders and I am sure that it worked based on several that discussed getting out to protect themselves.

    The short position is incredibly powerful. Do not be a fool to think that they are not going to be able to shake out a large group of shareholders. You still hold if the take it down to $2 and word is that Afrezza is a bust (for whatever reason)?

    I have owned at least a few stocks over the years that took hits from short attacks. One was HIG when market completely crashed. My $5.50 shares were suddenly sitting around $3 in what felt like minutes. Pulled the sell trigger as I had to save what I had left. In this particular case, I was able to reevaluate what I owned and bought back all the shares 10 minutes later. Within a couple of days, it was back around $5 again. I ended up selling them at $9 a couple months later. Crazy stuff.

  • Reply to

    How Low?

    by walk57 Apr 2, 2015 3:25 PM
    kingedxxxxx kingedxxxxx Apr 12, 2015 5:02 PM Flag

    You are going off in another direction. My comparison was for LEU before, during, and directly after BK. Pretty much the same company, but in much better shape on the balance sheet. Market has penalized them much more instead of showing more value for equity. Think about it. $500mm less ahead of equity and equity is valued at maybe $15mm more out of BK. Same type of situation for OTEL, although OTEL is better off than LEU as they do have a path to continue to pay down debt.

    No sense in arguing with me KMX. Look at OTEL share price. It has fallen on its face and things will not get better unless EBITDA improves quite a bit which I do not see happening and the note holders have shown no indication that they are going to extend or renegotiate on at least the same or better terms. OTEL is still a high risk situation and actually much higher risk short-term than LEU. LEU is a medium to long term risk as it stands now.

    Even if note holders extend another four years with everything else being equal, I am unsure if PPS moves back up much from here. Could see a spike back to low $6s and then a slow ride back down again.

  • Reply to

    New Tweet from Amy Tenderich 4/11/15

    by jewels4448 Apr 11, 2015 6:48 PM
    kingedxxxxx kingedxxxxx Apr 12, 2015 4:50 PM Flag

    I think it is clear that OPC believes in Afrezza and is likely the only reason he has stayed the course. I also sense that OPC has been here so long that the frustration with management has surpassed the boiling point. Plus, dealing with these boards does not make it any easier when you have so many throwing out pipe dreams, misinformation, or lies.

    I have learned so much since coming on day of positive Adcom vote. I, too, strongly believe in Afrezza. What that means for shareholders remains to be seen. Because of that, I am back on the sidelines waiting for a clear path.

    Daduke - I may start a thread about the unfortunate strength of the short position here. I will say this. Be prepared for another one of those gut-wrenching drops in share price. Shorts are not covering here - seen by their increased position. Note that they are also unable to hedge all of this recent move to short side. Notice also that they are also willing to borrow shares at 10% or higher interest rates. This stock may get quite a bit cheaper over next several months.

  • Reply to

    management telling us almost everything

    by doctorgreenback Apr 11, 2015 9:11 PM
    kingedxxxxx kingedxxxxx Apr 12, 2015 11:09 AM Flag

    By the way, I was referring to everything that the original poster said. I only made a point about the credit line.

  • Reply to

    management telling us almost everything

    by doctorgreenback Apr 11, 2015 9:11 PM
    kingedxxxxx kingedxxxxx Apr 12, 2015 11:08 AM Flag

    I am sure that the $175mm credit line is restricted to costs related to Afrezza. In other words, first few quarters of expenses are going to exceed revenues by quite a bit. Factoring in production costs, MannKind will be responsible for 35% of overall number. If Afrezza creates a net loss through end of 2015 of $150mm, MannKind is responsible for $52.5mm. MannKind can tap their $175mm credit line to pay for those costs.

    That $175mm credit line is not an available line of credit to pay down existing MannKind debt.

    Amazing you get 28 thumbs up and only 1 thumb down for throwing out misinformation.

    Everyone, this is another clear example of what I was discussing previously that you need to be very careful of what is being posted on these boards.

  • Reply to

    Wayne Heili out, Gary Klenda in as URG ceo.

    by gottabefair Apr 10, 2015 8:30 PM
    kingedxxxxx kingedxxxxx Apr 10, 2015 10:06 PM Flag

    Well. He is only around 50 years old. So, it was not age. It appears he had not found a better position as his termination is based on the expiration of his existing contract with the company. Note that he moved up from VP to CEO role and has been in those roles since 2007.

    My guess is that the BOD was NOT impressed with his leadership and decided that they wanted someone else to take the lead role. From that perspective, I would say that the change may ultimately be good. However, the individual taking on the role does not appear to be a standout that would make the market go WOW. Thus, any leadership change, especially in a weak sector, would lead one to think that the company is going through an internal restructuring that starts with its management team. What could follow? This uncertainty would make one suspect that the market will penalize the stock short-term for this change in leadership.

    Has this change already been baked into stock price as insiders already knew and pushed the PPS down leading up to the PR? Maybe. Could be a quick visit to the .70s if not. Good luck.

  • Reply to

    So, no takeoff in early sales.....ok....now what?

    by matese16 Apr 10, 2015 5:09 PM
    kingedxxxxx kingedxxxxx Apr 10, 2015 9:48 PM Flag

    Seems like the shorts know the true script numbers. Hint - they aren't covering.

  • Reply to

    So, no takeoff in early sales.....ok....now what?

    by matese16 Apr 10, 2015 5:09 PM
    kingedxxxxx kingedxxxxx Apr 10, 2015 9:47 PM Flag

    I agree Matese. Sick and tired of the BO rumors and discussions. How long has the BO been thrown out around here?

  • Reply to

    Not keen on rewarding ho hum performances

    by ibuylotsofstocks Apr 10, 2015 4:37 PM
    kingedxxxxx kingedxxxxx Apr 10, 2015 9:24 PM Flag

    OPC

    While Adisa is claiming that Matese is not to be trusted, I am confident that Adisa is here with ill intention. I have held my tongue and these recent comments have confirmed my instincts. I know you have been here way, way longer than me, but I can see you can read right through the BS as well.

    This board is full of BS. I guess that is what happens when the shorts amass close to 100mm short position.

    Everyone out there, please be leery of what is being said on this board. There is so much untruth now, it is getting ridiculous.

  • Reply to

    So, no takeoff in early sales.....ok....now what?

    by matese16 Apr 10, 2015 5:09 PM
    kingedxxxxx kingedxxxxx Apr 10, 2015 9:19 PM Flag

    Was not Matese the one that took video footage at the shareholders meeting and shared with everyone. I know Matese to be a trader and not a long-term investor by his own comments and everyone should be aware. However, he appears to play a neutral, unbiased view and this is what the board really needs to help everyone try to understand what is happening and to help analyze their own investment decisions.

    Anyway, I trust Matese to provide fair information much more than any "pumper" on this board that claims buyouts and riches for everyone.

    Shorts are amassing close to 100mm share position. Anyone that does thinks that these shorts are all in big trouble obviously are not seeing what is staring them right in the face. I tried to explain this after announcement of the partnership. The numbers do not lie. In "short" term, the shorts have most of the power here.

    Matese, you wondered why the stock PPS has held up here. I believe it is the false illusion that the stock is strong and an effort by the big boys to keep moving shares into lowly retail. Everyone better be ready for a swift drop down because it is most definitely coming and it is going to shake many up here. That is what I see. Scripts better increase to much higher levels and very soon. If not, $2 could come really quickly here. Things could get bloody. Again, do not underestimate the power of the short position here.

  • kingedxxxxx kingedxxxxx Apr 10, 2015 4:23 PM Flag

    They were some of those shorting at $6-10 per share knowing they could cover from these gifted shares at lower prices. Ouch-ee-mama as you say.

    Short at $8. Cover with gifted shares purchased at $3 (or whatever they are paying for them.) Think about it.

WMIH
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