70 m shorts is a drop in the bucket. Theres 375M outstanding shares buddy. I seen 250m shares traded in half a day before in this stock. There will be no squeeze and no profits jus angry regretful longs.
400% gain!!!!!???? Are you listening to yourself sir? Even an a wild option trader would shake his head at that. Those guys play for 50% gains and thats considered huge. Hell, a 20% yearly return is considered undoable unless you invested with Bernie Madoff. A 400% gain is massive and the risk involed with bagging one is astronomical.
You really need to step back and look at this marketsphere and think about what you are asaying here.
Lord almighty has it gotten ridiculous around here. Family members dying, posters near death, technosphere the universal cure all, mnkd not going to $15 anymore but $50+, the market for aftezza keeps growing with every post. SeekingAlpha et al pumping so hard they havnt the words to express their euphoria. Great time to be short.
Well you cant blame a guy for taking profits when a market is at its highest point in history can ya? Sounds about right.
Like Christ before me I am clearly prepared to suffer and take these nails whips and spear for your salvation. Your eyes will be opened you blinded fool. You have broken the 1 st rule of trading- dont ever fall In love with a stock.
Richlittle, there is always a firestorm backlash after a CRL. Mnkd is a tiny little irrelevant fish in this pond. They have competitors with some of the biggest mkt caps in the world with connections to the fda. They will see to it that a crl comes priority mail express or a black box label gets plastered on the prescription.
2. Lung function testing
3. Lack of Longterm safety data in certain endemics (children, smokers, elderly etc...)
4. Met need
5. Exubera cancer (guilt by association)
6. Multiple CRL's over multiple years
7. Delay after adcom
8. Insulin antibody spike with technosphere
9. Powerful competitors with deep pockets and fda connections
The fact is the smartest man on this board who has made the most money by far of anyone here sold as well. See Telsa Rowe. Not looking good for u baggies.
By or before July 15 mnkd will receive a notice from the FDA informing them of either a CRL or additional 3-6 month delay. The pps will fall to the low single digits as more dilution, labeling, approval and potential bankruptcy become going concerns. As a biotech veteran who has seen more people wiped out in biotech stocks than at a blackjack table i have observed the 3 following behaviors exhibited by shareholders on the Mb's after their demise-
This manifests first. The message boards become backlogged by several minutes with cuss words, lords name used in vain. There are even the ones who express their anger in placid terms with threads like "well you win some you lose some".
Anger swiftly yields to denial with blame swiftly being placed on the FDA, a specific message board poster, and all types of various conspiracy theories of shorts and hedge funds start backlogging the boards. Many bagholders in denial suddenly turn saintly and start lamenting the loss for those who will not be able to use the life improving drug. Posts like "they just screwed over the diabetic population" or "ruined many lives" will inevitably clog the bandwidth. In reality they don't give a rats #$%$ about the quality of life of anyone.
Eventually regret replaces all as they need to begin to build another bankroll after losing money they could not afford to lose. They look like fools to any friend or family member they enthusiastically told to buy the stock. They search for a silver lining or lesson that wouldn't be relevant even if they found it. You know why? Because at heart they are not investors but gambling junkies masquerading as such and as soon as time has dissipated just enough of the pain of their last loss they will be sinking their money into the next internet pumped losing bet.....
And where am I? Right there with my short selling bucket mopping up the bloody mess of red ink being perpetually spilled by the latest Gordon Gekko wannabe.
Unmet need. You are kidding me right? Are you aware of the biotech and science vernacular of "unmet need"? This has gotten completely ridiculous and out of control!!!!! How many dying people am i going to hear about for the sake afrezza approval and a few dollars in ones brokerage? We have posts of family members dying, you are dying, afrezza provides an unmet need. Forget about the blood of christ redeeming the world and replace it with afrezza. This company is becoming a religion for many. What i mean is people are now looking to mannkind and afrezza to save their financial souls to point where they will nail themselves to the cross.
Amen. What we have here is a crowded trade of longs not shorts. When mnkd falls its going to take the dreams, the sobriety, and maybe even the marriage or home of more than a few. Biotech is a brutal sector which should only be broached by pros and with money that should be expected to be lost. It should actually be avoided at all costs. 1/10 companies gets eventual fda drug approval. That means anyone negative on a biotech is right 90% of the time.
Dont like the cold reality of biotech then move on. I offer the truth. Biotech is littered with billions of dollars in red ink and suicides. I have seen more people crushed in biotech than anything else. 1/10 companies drugs end up getting approval. Anyone negative about a biotech company will be right 90% of the time.
Put the crack pipe down and go look for a job. Theres no longtermers in this overdiluted gimmick product stock. Shorts and speculators like yourself are one in the same. Every bit of good news is priced. Maybe you didnt notice the 300% increase over the last year...
Stop It! [STOP] IT! You are going to be using afrezza because you feel a connection with it because you bought mnkd stock. Not the right way, which is the other way around you nut! You have any experience in f'ing biotech? You have any f'ing clue how the fda works with drugs that affect massive population scales that already have a met need? Cake walk????????????? Its been an f'ing decade and they couldnt get this past the fda and still have NOT...... Inhaled insulin into the deep lung with no longterm safety data and a disastrous exubera precendent (justified or not) for a massive general population for an already met need with some of the most powerful companies on earth as competitors....cake walk?
Well its clear you not only dont understand the "behind the scenes machinations" but you dont understand #$%$. Its even more clear you learned about this stock on a message board and are invested with money you cannot afford to lose. Whas even more clear is that you have zero understanding of investment and opened your brokerage accound because online gambling is illegal in your state. You will be summarily crushed when the 3-6 month delay or crl is released. The red flags are littering the landscape here.
Forget the blood of christ redeeming the world and replace it with afreeza. LOL. This board has so many euphoric longs and martyrs for the mnkd cause willing to throw all the money they cannot afford to lose into this falseness. You guys have gotten to the ridiculous point that you really dont want an approval or pps spike but a sword to fall on. Oh trust me, you will get a broadsword to fall on and it wont be some heroic public spectacle when you do. It will be at the rat nasty bar when your getti g depressively drunk. When time comes to pay the bill thats when your ignorance and anger will hit you. Pos!
F'ing posx10,000,000 bastards fucks! Dead in the water! Head and shoulder grin and bear it take it up the poiper! Diwn down down!!!