There is unrest in the market
There is trouble with mannkind
For the shorts want more profit
And the longs ignore their grind.
Nice synopsis of where we stand. Thanks for writing it so directly. I would like to know, if you don't mind, what your idea is on the short positions. What is there thesis, and how far do you think they are looking to go. I like investing in stocks that I think are misunderstood, but with that short float, that's a lot of misunderstanding. Thanks again.
just out of curiosity, I saw coughing was a more common side affect. like 18% of the study. Did you notice any of that. Congrats on your success, it must be a wonderful feeling!!!
agreed, one of the sorriest cc I've listened too. I took CFO spot as Pera wants to spend money and CFO probably wanted to take care of capital. That's prob why Pera answered that buyback question so ridiculously. At some point Pera needs to realize he is not the only one vested in this company. I was/am pretty angry at how he acted on that call, could care less about his shareholders. Seems like he was trying to act like Zuck without the business to back it up.
Just need a little clarification. The tear down from ifixit show invn inside the Galaxy smart phones, states, "InvenSense MP65M 6-Axis Accel + Gyro, and Samsung C2N89U (likely image processor)" and "InvenSense IDG-2030 dual axis gyroscope for optical image stabilization". But STM's conference call states, "Began ramping production of 6-axis ultra-low-power MEMS accelerometer and gyroscope for Samsung Galaxy smartphones." Which is it? STM ramp up without win??
If you check compensation for last year 2014. CEO made just over 500,000. In 2013 made 6 Million. Sold 15% of holdings. Maybe it is just a money thing. Guesswork at best. To sell stock after earnings if good guidance is given can be seen manipulative as well. Pump and Dump so to speak. Maybe selling a small portion of entire holding before earnings is the safest and best way to sell company shares as a ceo. Just thinking.
couple weeks ago CEO said less than 50/50 chance. Mueler thinks the stockholders feel there is more value in staying public than buying out at 2.5B.
I wouldn't laugh to hard at him, up to now that trade has been right for awhile. He may have been right, I just don't like his style.
Just an observation. Short interest has steadily gone down over last 6 months. We are now down to a mere 13%. Lessening the chance for a squeeze but that's OK, Ill take gradual progress to the high teens.
I don't think a buyout is possible because a lot of their volume is from 1 key customer. Allegedly Google. If a company bought them out at a premium there is no guarantee that Google would deal with new customer. It is my understanding that they have products that are convenient compared to their competitors, but are not unique. However, they have great relationships with their current customers and work closely with them to satisfy their needs. Another reason why most company would not want to buy out.
owned this company for over 3 years. Was a Cheesecake Factory employee when their company head chef was talking about it. Not naive, have watched mgmt and company languish for long time. HOWEVER, I'd rather hear something going on than wonder if the doors are even still open. Im already counting on the money being a loss but in back of my mind I grasp a slimmer of hope that something, someday might materialize.