Correct. Sales are the indicator of consumer acceptance ( not polls or conjecture by journalists ) and institutional investment an indicator of industrial confidence. The " shorts " acceptance or rejection is a meaningless indicator although, like the betting window at the track, it moves the payoff. I'm betting on the horse though, not what some dolt short in the cheap seats thinks.
You have to realize the big hedge funds buy simultaneously as they sell. I buy when I can afford to and hold until the stock reaches fruition. Mnkd will someday be at approximately thirty bucks I assume. I won't sell till then. It is a waiting game pure and simple.
It is no coincidence that an Indian endocrinologist sees the value of Afrezza while the usual Wall Street cynics chortle. In many countries that were introduced to Western diet within the past few generations, diabetes is rampant. Oliver Sacks MD wrote a piece about a visit to a Polynesian clinic where the sweet acetone-like odor and the piles of amputated limbs were evidence of that epidemic. Afrezza is needed because it eliminates risks associated with injections, including hepatitis and site infections the treatment of which drain resources, like antibiotics.
I know how you feel. I had a friend who lost his life to diabetes, and it (2) is in my family. I take it personally when I read these bashers laugh it up about Afrezza's demise. I am NOT going to inject myself day after day.
Governments in parts of the world severely affected by diabetes are oftentimes in emerging market countries where Western food us playing havoc with genetics adapted to food scarcity. Thus, diabetes. Since emerging markets countries are thought of more highly now I think it is very likely that if Afrezza can be proven to be effective there it will be protected against extinction by hedge funds in New York and London.
Certainly Teva could manufacture Afrezza and provide distribution support. I used to think this was the first choice. I was surprised at choice of SNY.
Don't hijack the word " sad ". It has an emotional meaning; psychopaths such as yourself don't have any business using it. Try a phrase like " makes my #$%$ pucker up ".
I cannot prove my belief, but something tells me he is " in " with the government in the UK. That government for perfectly ethical and financial reasons wants to build a bio-tech sector second to none. National prestige was accorded with the PIM designation.
Re " I know as much if not more about the science of this company than you may ever know.." pretty blustery stuff rebeccaherbst.
So, I understand that you are PhD - level researcher?
What was the title of your dissertation? Your present position?
Woodfords would have known it if it were news that is causing this movement. Since I have not seen him sell I assume it is manipulation.
I'm a believer but I sometimes wonder if the medical establishment is resisting adopting Afrezza because it is too disruptive. i was an investor in Exact Sciences also but the gastroenterologists rejected it.
These fluctuations are like thoroughbreds crashing around in the cages prior to the race. The" market " in this situation is a pseudo market of naked shorts and double dealing hedge funds, and is totally unrepresentative of the real situation as it will develop.
My wife writes the benefits for Prime Therapeutics, the pharmacy arm of BCBSMN. I'll ask her tonight about Afrezza's place at the table. I think since BCBSMN is conservative about "new" drugs there might be a hesitancy, but Alfred Mann is well known in the state as the genius that built Medtronic, and is highly regarded..
I had a good friend who led a sad and short life due to diabetes type1. Scars all over his stomach, several near death experiences from hypoglycemia, eventual demise due to hypoglycemic coma.
You have some scientific expertise in the matter of dendritic cells you'd like to share with us?
How long has the longest patient lived after treatment? Can the institutes that use DC Vax promise remission, even a slight chance?