Easy easy money here. We should blow through 2000 this month and DOW 18,000. No melt down until QE ends in October.
Since i sold after doing real dd apart from this board i have realized how disgusting and delusional the long shareholders are. I was one of them a week ago. These people have broken the golden rule and fallen in love with this stock. It resembles a religion.
Al Mann is infalible. He is god and can do no wrong
Afrezza is sacrosanct. The body and blood of christ that is beyond reproach.
Dreamboat as symbolism. Representative of all things good. Hard work, belief, courage etc...
Mnkd stock as heaven/salvation. A vehicle by which the believers can become rich and enter the gates of heaven as it were
F*****g losers. I should have said cult and not religion. This ends like Jim Jones crew.
Lapd killing young hispanics, state in massive debt, la pollution at ridiculous levels, everyone deives etc... Its a complete liberal lie in California. Nobody wants illegals including the celebs who use the issue to look good. Celebs, these are the same pos that complain about global warming yet take private jets everywhere they go. LMFAO!
NOBODY knows how to dose accurately! The dropout rate and briefing documents brought this dosing issue up. This is why the fda's Afrezza label has banned it from being used on children or teenagers (up to 18 years old). Seriously people, dont you get it? There is zero preofitable market for this drug!
Idiot. Readers of this take note- buying mnkd you buy into a stockholder culture made up of these type of delusional desperate gambling junkie fools. Seriously, how could you go long here and be comfortable knowing people like this make up the shareholders?
The fda does not know, the diabetics themselves dont know (huge trial dropout rate), the investors dont know, the endocrinologists dont know, even the company themselves dont know. Its now assumed that prescriptions will be a trial and error event. 1 unit of afrezza may or may not equal what unit is taken via injection because of the pharmakokinetics. Dont you idiots get it? A unit inhaled is not equal to a unit injected. Like cocaine snorted vs crack smoked-ya same drug base but very different. Or tobacco chewed vs tobacco smoked. The dosing is in units, YES, but that means absolutely nothing. Telsa Rowe wrote about this a few weeks ago and he was right. The dosing is a f*****g disaster and what endo in their right mind would start a new patient o this??????????
Afrezza is a niche gimmick product with zero market. At least not a market big enough to be profitable imho. Seriously guys, its takes the average user of this 25 cartridge reloads per meal!!!??? Thats like 5 minutes of just loading and unloading!!! A pen injector takes under 30 seconds to load inject and dispose. What diabetic in their right f*****g mind is going to switch to this? What endocrinologist would prescribe this?????? I want to know how this got swept under the rug for so long? Nobody has understood the dosing (not even the fda) and come to find out from former trial users they used an average of 25 cartridges per meal???? 75 inhales a day? Is this a sick joke? There is ZERO profitable market for a drug like that i dont give a #$%$ how effective it is and afrezza is hardly more effective than placebo (per their own clinical trial data)! #$%$! A gimmick product all along. I feel scammed.
I just figure that the delusions have augmented to the point where anythings possible? $10 pps targets ballooned to $15 then to $20 then to buyout rumors of $50. Earnings estimates went from $250M to $10B. A post approval short squeeze went from "significant" to "one of the biggest biotech squeezes ever". Simple shorts turned into full blown big pharma conspirators with ties to the fda and congress.
I figured assuming Facebook would make a bid is not that far of a stretch.
Is a double bottom here possible? Look, we are dealing with a situation where this thing is at historical lows. Is it a buy? 2 weeks ago we saw a 20% spike in one day and i think we can get a 35% spike in one day sometime between now and the end of August which makes buying the 11 strikes calls for August appealing. Anyone? Personally, i think a dip below 10 is going to happen briefly for no other reason if not for mm's to say "see" or "look what i can do". A dip below 10 to me probably signals not a pullback but a full blown market crash crisis this year. Below 10? I mean seriously guys thats just plain flat out ridiculous QE and surging economy be damned.
Ill already sold my shares and that is my right. I think i got caught up in the longs foolish patriotism too much as i was about to sell above $11 before. I made a huge mistake being on these stock boards too much. There is nothing smart or honorable about "holding out" for the last dollar and thats why i sold. I have to honestly say i dont give a #$%$ if this goes to $15 tomorrow, the fact is i felt a huge priceless relief after i sold. Good luck stoic one.
Gimmick drug. No parent will let their kid inhale insulin. Never going to happen. Read the big diabetic blogs on this issue. Some were even shocked that a drug like this would be allowed. LOL! Zero market.
Exubera was approved and never prescribed. It caused lung cancer. Ever heard of "guilt by association"? Well its a very very powerful thing wether its deserved or not and afrezza is always going to be in its shadow. Afrezza is looked upon as a gimmick drug by endo's and the powerful pharma companies will never let it catch on-ever. They will hire class action lawyers, run tv commercials for plaintiffs, run a smear campaign on the internet/diabetic blogs and need to find just one patient that was prescribed afrezza and has cancer- even if that person had cancer before being prescribed. Wont be hard. Let me guess, you thought hospitals didnt share patient information with big pharma. LOL! This drug is a gimmick like 3D movies. Wont be long before afrezza class action infomercials replace the mesothelioma asbestos ones we see daily.
LOL. Of course dow 17,000. S&P 2000 not far past that but yeah, that would shock even the most commited shorts if we fell short of that.
Dilution is going to be a priority for the company mow and i expect a share offering soon. Even with the up fron lt partnership cash mnkd has tsome real debt issues brewing amd their cash burn rate is ridiculous to say the least. Cant imagine what their burn rate will be now that they have to hire many more folks and ramp up production etc. they wont sell a prescription of afrezza until probably 1Q 2015 and it will take another few quarters until they see profits. I think 2 rounds of dilution over the next year is likely and the share count could be around 450M by then. Thats pennystock territory. I think a range between $7-$11 is all this will see for a year.