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Afrezza and MNKD

Posted on 6/11/13 at 10:59 am
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/11/13 at 10:59 am
Just want to let you guys know it's not going to stop at 8...........I expect that it will hit 10 buy August......phase III results will be released and it will either crash and burn or continue to ride up......I don't see how the results can hinder their growth.

As a medical professional, I've researched the pharmacodynamics of this drug. It has tremendous, tremendous potential to reinvent the way diabetes is treated.

FDA shot it down last time because of the delivery device which I thought wasn't prudent. The efficacy of the inhalation insulin is unparalleled compared to it's IV counterpart. In addition, it's plasma half life is faster than it's IV competitor so essentially you get a drug that works quickly and leaves quickly. It will decrease hypoglycemic risk 10 fold.

I hate falling in love with a company and a stock but I'm glad I got in at $6.50.

This post was edited on 6/11/13 at 11:02 am
Posted by battscave
Member since Apr 2013
253 posts
Posted on 6/11/13 at 12:13 pm to
prob higher than 10 when next results are released. No reason not to fall in love with this company. I've been in since 5.36. Started watching when it was 2. Definitely still worth investing in this if looking for something. ARNA prob little better investment. But I love both.
Posted by saderade
America's City
Member since Jul 2005
25719 posts
Posted on 6/11/13 at 1:10 pm to
I have about 1000 shares and got in at $5 even. I think the drug's potential is huge and the stock will continue to rise. I would be very very surprised (and pissed) if it doesn't get final approval.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/18/13 at 9:02 am to
Hope you guys got out and took some profit...

Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 9:07 am to
I'm not gonna let speculation scare me.........the drug works..........
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/18/13 at 9:09 am to
I hear you, but when dealing with biotechs taking profit is never a bad strategy. Could have bought back a lot cheaper today if you believed.

And FWIW, I was in during the low 3's and sold in the 4's.

Been watching for a chance to re-enter, think I will watch a little more.
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 9:11 am to
It didn't come across my Anesthesia journals until I found it at that price.......

Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/18/13 at 9:15 am to
I cannot find any news, any ideas on the big drop today? Aren't they presenting at a Conference today?

ETA: I would think good news would come out of that and prop up the price, no?
This post was edited on 6/18/13 at 9:16 am
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 9:16 am to
They got a 2 star CAPS rating.........

The phase 3 results will come out in August.......

I'm sure Eli Lilly putting money into tt 401 is scaring off some too......because Eli was always rumored to be the buyer.
This post was edited on 6/18/13 at 9:21 am
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/18/13 at 9:21 am to
Interesting... How low do you think it goes today??
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 9:21 am to
Ends day at 6.00...If you wanted in I think you missed ya chance.
This post was edited on 6/18/13 at 9:23 am
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 9:24 am to
It's getting bought in sold like crazy right now.......
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/18/13 at 9:25 am to
Will continue to watch...
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/18/13 at 9:26 am to
quote:

It's getting bought in sold like crazy right now.......


16,000,000 shares traded in 55 minutes... 3 month avaerage of 6,000,000... Yeah, I think so.
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 9:28 am to
I'm trying to scoop up another 2000 at 5.70
Posted by saderade
America's City
Member since Jul 2005
25719 posts
Posted on 6/18/13 at 9:57 am to
I just bought another 600 shares.
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 10:17 am to
I was shooting for 2000 at 5.70 but I missed the boat.......didn't pay me to come in unless under 6 and now its almost at 6.30
Posted by saderade
America's City
Member since Jul 2005
25719 posts
Posted on 6/18/13 at 10:20 am to
40 million sold short this morning. Either way I am in this for the long haul and waiting for FDA approval The drug is revolutionary IMO and while there is always risk with drugs I am extremely optimistic about this one
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 10:23 am to
Just some cashing out..........watching the drop and then buying back in.
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 6/18/13 at 11:37 am to
Almost at 6.60........looks like a big firm sold half its shares early morning(like 3 million) that instilled some panic people started dumping........

Then as the price dropped buyers got happy and purchased driving the price back up......
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