They blew the deal with PSE&G in 2004. They will probably blow this one too. Ironically PEG took about the same amount of time (2 years) before it fell apart. I'm glad PEG has been great ever since. Hopefully POM will return to it's roots. It's yield is 4.8% here, and they haven't filed a rate increase since 4/14.
Screw them! The stock yields 4.8% here (current $22.60). Most utilities yielding 4% or less. If it doesn't do the deal my thought is this thing could be $26-27 which would be a little over 4%. The only thing is the arbitrage community is in it. I think it's an interesting speculation either way.
You'd have to be an idiot to borrow it. Might as well cover then. For what to make 32% if this goes to zero in a year.
Scary part is if you listened to those who argued against MNKD all along you'd have saved a fortune or made one if you became a short seller instead.
This is why I can't stop watching this train wreck of a message board. Ridiculous comments like this should be deleted. If not a single long should not have given such a dumb statement a thumbs up.
How many freaking shares do you own? You have at least 7 posts indicating 5 figure share buys? Your either extremely rich & nuts or a liar.
You do realize SNY has a $100 billion market cap & sales of $39 billion. MNKD can't bring it to it's knees.
Why does anyone still uses needles or consider Afrezza with the proliferation of 24 hour drug infusion pumps? Anyone know the market percentage that has been captured by the pumps? Reason I ask is that I spoke to a friend who is a diabetes drug specialist. According to him There are 8 very strong competitive drugs in the market now. The feeling he expressed was that Afrezza had a shot a number of years ago if it was available. But too many drugs got on the market before & the pumps are very reliable. He mentions that SNY's sales associates are tough competitors. The feeling is the infusion pump is where the industry is going. Any thoughts? Please keep it reasonable and on point. I'm not here to spark an argument only to learn & possibly inform.
It should depress it. I don't see after all their failures how they raise the cash. Wall Street always manages to amaze me.
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.