You expect someone to pay $50 billion for this thing? Are you out of your mind? If you could explain why I'd really like to hear this bedtime story. This message board is like a train wreck. I can't turn away from it.
The investment has been glowing so far. People are so delusional. Read "Extraordinary Popular Delusions & the Madness of Crowds". Best of luck to you.
Nobody can predict a bottom. I find it very refreshing that a CEO buys open market stock. Most are weaklings who rely on 10 year stock options that give them no investment risk & an ungodly time frame to make the options work.
What a pumper! People are so desperate on this board it's amazing that you got even 1 thumbs up.
Ignorant I think not. You might be rabid though. I would check that out. I'm also not a stuckholder! That let's me sleep at night. I only looked up The Medical Letter to see why this was occurring over time. FACE IT THE PRODUCT ISN"T SELLING FOR A NUMBER OF REASONS! THE STOCK IS IN THE TOILET & NEARLY OUT OF FUNDS!
Then why the poor sales results? Something doesn't jibe. In the meanwhile I just read in The Medical Letter from 3/2/15 that they thought the drug had lackluster results. It's a highly regarded non-profit and accepts no money from anyone. In the meanwhile after it was published the stock fell from $6 + to under $4. If your a shareholder I wish you well. I only followed this because of Alfred Mann & his prior success with Minimed.
I really have to ask why didn't a grass root movement develop from those suffering from diabetes if the drug is so desirable? With social media these days, and how people are defending the stock. You'd think this was the greatest thing since the invention of penicillin. Unfortunately you have a sub $1 stock with a $2.5 billion dollar investment gone bad. Wish you all luck. I'm not a short, just like to try to get people to realize the other side of an argument. The problem with stocks like these is the defense mechanism is very strong when it has a large following.
Why no grass root movement then? I'm sure the people in the diabetes community have social media boards. If it was so well regarded I would expect that people would demand the product. In the meanwhile they haven't & people own a stock that went from $10 to a $1.
I didn't ride the stock down either from $10 to sub $1. I think I have one. Am I talking to someone who's a bit stuck?
1st I've been a member of Yahoo boards since that time. 2nd I have 600 + comments of various issues. Am I on someone's payroll? No just read the WSJ article. You people are blinded by your own b.s. Best of luck with it. I really mean no ill will, unfortunately I think I've found another rabid shareholder.
And hardly any sales. If it was so great you don't think a grass roots diabetic movement wouldn't have occurred. In the meanwhile you have a sub $1 stock.
Did you read the WSJ article? Who wants it when reimbursement is tough, it may cause lung cancer, and some people still have to take injections to provide constant minimum levels.
Bunch of rabid people on most boards. Just try to go against the grain even with a valid argument and they will pummel you. That is of course until they usually get pummeled by the stock they so strongly support. I find the ones with the most hype are usually the worst, and take the longest to dispel I followed MNKD only because of Alfred Mann. I wish nobody any ill will nor was I ever long or short the stock. I did try to engage in discussion but I might as well have been hit by train judging by most of replies I received to my generally negative comments.
You forgot potential for lung cancer. Might as well smoke cigarettes. New name for MNKD...Manncant.
Why would Sanofi drop the ball? They paid them $150 mil upfront? Why should it be direct to consumer. Most drugs are done through sales people directly to doctors. If patient reviews came out glowing I could see social media promoting it's use, but I didn't. Some of the side effects I've read about aren't the most encouraging either.
I'm not involved never have been, but this thing was just too pumped up. Don't you think word of mouth would have helped prescriptions? On Seeking Alpha someone was posting their weekly scripts and they were middling at best & horrible at worst. Forget it. Don't think shorts alone have driven this down. This is investors realizing that their prospects just didn't work out & Sanofi walking away killed it. I don't like to see people get hurt, but honestly reflect on it. This thing had a cult like following.