umcsom said: avalon6 said: njdealguy said: I have a 1.50 stop loss order just in case
Looks like someone stole your shares....FNMA dropped to 1.45 and quickly bounced back to 1.62
I was just about to say 2 things:
1 the gubermint holds all profits on this company and there is no way they are going to share. 2: if you are gambling on this don't use stop losses, you will get hosed on these type of volatile penny stocks.
What's stopping us from seeing a repeat of how AIG was handled? I've been reading articles for and against FNMA all day and can't seem to get a handle on it. It seems they've nearly paid back all that was borrowed and they're paying for litigation costs.
Not in the near future. Mann will wait until the product is on the market and doing well... then maybe. The thing is that if the inhaled drug angle catches on...it will not be just insulin that gets inhaled but it could be applied to every drug on the market. If it catches on, it could turn the drug world upside down. But one step at a time.
I would just like to say that I recommended this stock at 2 on this thread and now it's at 6+. I own a lot of shares at sub 1.7
vietstyln said: MNKD looking good. Buy out in the future?
The product won't disappear when he dies. The stock might take an initial hit for god knows what reason if he dies. The device and mechanism is already desgined and manufactured. It's pretty much on cruise control from here. He is part of a company and not an indivdual.
Every stock has risks and you have to be willing to take them if you want to make money in the market. MNKD is a high risk, high reward stock.
avalon6 said: DelCheapo said: nkha1 said: MNKD is the stock to own over the next couple of years.
Buy and hold if you want to get rich.
The inventer is a genius...pacemaker, insulin pump, bionic ear,...this is his next big product and could revolutionize drug delivery for years.
Took a good sized position in MNKD end of February, around $2.60 after reading your post and doing a good amount of research myself.
nkha, I owe you a nice dinner
The guy running MNKD is 88 years old. What happens to the stock price when he dies?
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