February Trading Thread - Page 3 - Business, Finances and Investing Forum

I admire the founder a lot - he's put a ton of money into the company and has a phenomenal track record. Problem dealing with govt agencies & getting approvals - then you have to dilute everyone b/c of delays. IMO this thing will either be a 10-20 bagger from current levels or it will go out of business. And I currently have no clue which outcome is more likely.

I also note that Doyle Brunson used to pimp MNKD on Twitter (before the stock crashed last year). Interesting fact.

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02-03-2012 , 07:16 PM

#52

gna

adept

Join Date: Jul 2011 Posts: 773

Quote:

Originally Posted by chompiongolfer

it seems like they know how to fix the issues that brought the inhaler drug to get rejected. I feel like people see the rejection by the fda and insta sold, causing it to hit its 52 week low. I think this stock might blow up if the inhaler drug goes thru. ill would keep an eye on it.

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02-03-2012 , 07:17 PM

#53

gna

adept

Join Date: Jul 2011 Posts: 773

what do you all think of caesars ipo coming back?

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02-03-2012 , 07:19 PM

#54

tastychicken

old hand

Join Date: Sep 2008 Posts: 1,775

Quote:

Originally Posted by aba20

Haha that was fail by me. They asked to look me up online and I realized that my fake investment company wouldn't have a website.

Its so strange how they don't want to talk to people. When I called before saying I was a private investor the secretary blew me off. I just don't understand why they wouldn't want to speak with potential investors. Something doesn't add up.

Maybe an IR person would be a CEO would certainly not want to waste time talking to a possible <$1mm instead of running the business.

I mean, imagine you were invested in AAPL and learned that Steve Jobs spent an hour talking to a kid who was thinking about putting $1,000 into AAPL instead of making the next big item.

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02-03-2012 , 07:20 PM

#55

tastychicken

old hand

Join Date: Sep 2008 Posts: 1,775

Impressive jobs number today. Totally outside range of expectations.

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02-03-2012 , 07:55 PM

#56

gna

adept

Join Date: Jul 2011 Posts: 773

Quote:

Originally Posted by tastychicken

Impressive jobs number today. Totally outside range of expectations.

yea i thought for sure it would be an awful number

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02-03-2012 , 08:40 PM

#57

Larry Legend

Celtic Pride

Join Date: Jul 2009 Posts: 42,920

Quote:

Originally Posted by aba20

Do tons of entry level financial jobs have people cold-calling businesses all the time to ask questions?

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02-03-2012 , 09:17 PM

#58

aba20

banned

Join Date: Mar 2005 Posts: 2,746

Quote:

Originally Posted by tastychicken

You do realize this company is worth only 9 million dollars? Its nothing like Steve Jobs talking to a potential investor.

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02-03-2012 , 09:17 PM

#59

Yowserrrs

Pooh-Bah

Join Date: Nov 2007 Posts: 5,347

Quote:

Originally Posted by dibsy

I must've missed your post -- you're one of the few that i scan this forum for thoughts/opinions.. if you're ever in NY will buy you a drink

well since i live in NYC - i guess thats easy

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02-03-2012 , 09:18 PM

#60

aba20

banned

Join Date: Mar 2005 Posts: 2,746

Quote:

Originally Posted by Larry Legend

Do tons of entry level financial jobs have people cold-calling businesses all the time to ask questions?

Good point. I think it was more my frustration from calling before and not getting why the company would keep so much cash on hand.

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02-03-2012 , 09:19 PM

#61

Yowserrrs

Pooh-Bah

Join Date: Nov 2007 Posts: 5,347

Quote:

Originally Posted by gna

is it time to buy mnkd?

no absolutely not.

its beyond worthless.

it would have been bankrupt years ago if the founder wasnt a senile billionaire.

u only need to spend 5 minutes looking at their proposed product to understand.

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02-03-2012 , 11:08 PM

#62

tastychicken

old hand

Join Date: Sep 2008 Posts: 1,775

why are we looking at penny stocks in the first place @_@

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02-04-2012 , 12:36 AM

#63

FTPdelaysuck

grinder

Join Date: May 2008 Posts: 607

I've been accumulating VITC (Vitacost) they've had a lot of problems in the past (10% of their float is short) -- but are vastly undervalued for what they should be able to accomplish going forward. They have completely overhauled their management in the last year (including CEO)

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02-04-2012 , 12:47 AM

#64

SeanyJ

adept

Join Date: Apr 2008 Posts: 1,014

Could anyone help explain what this means for a stock that I just recently bought.

Quote:

NEW YORK, Feb. 3, 2012 /PRNewswire/ -- Rouse Properties, Inc. (NYSE: RSE) ("Rouse" or the "Company") announced today that the record date for its previously announced rights offering of common stock has been set for the close of business on February 13, 2012. Holders of the Company's common stock as of 5 p.m. on the record date will be entitled to receive one right per share of common stock owned. Each right will entitle its holder to purchase 0.375094056 shares of the Company's common stock at a price of $15.00 per whole share.

So I own 450 shares of the company does that mean I will be able to buy more shares for $15 even if the price is above that? It seems very confusing to me. Sorry if it's an obvious question I'm not very experienced in investing.

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02-04-2012 , 04:07 AM

#65

Xaston

Pooh-Bah

Join Date: Oct 2005 Posts: 4,529

It looks like you will have the option to buy up to 168 or 169 shares at $15 per.

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02-04-2012 , 08:32 PM

#66

DOOM@ALL_CAPS

old hand

Join Date: Feb 2010 Posts: 1,326

Quote:

Originally Posted by SeanyJ

Could anyone help explain what this means for a stock that I just recently bought.

So I own 450 shares of the company does that mean I will be able to buy more shares for $15 even if the price is above that? It seems very confusing to me. Sorry if it's an obvious question I'm not very experienced in investing.

Why did you buy this company? Imo, you should not have bought this company if you did not understand this transaction, which was disclosed in many places before this announcement.

Anyways, yes you're interpretation is correct, but do not exercise your rights if the price is above the rights price (should be obvious as to why you shouldn't).

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02-04-2012 , 10:41 PM

#67

SeanyJ

adept

Join Date: Apr 2008 Posts: 1,014

Honestly I bought it because my uncle who is more experienced and has done very well with investing told me it would be a good stock to invest in. I'm sure he knew what this meant but I didn't have a chance to talk to him and was curious what it meant.

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02-05-2012 , 12:09 AM

#68

FTPdelaysuck

grinder

Join Date: May 2008 Posts: 607

Quote:

Originally Posted by SeanyJ

Is your uncle Bill Ackman?

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02-05-2012 , 12:20 AM

#69

DOOM@ALL_CAPS

old hand

Join Date: Feb 2010 Posts: 1,326

Quote:

Originally Posted by SeanyJ

I think that rse is pretty attractive even after this run-up. Care to share anymore of your uncle's picks?

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02-05-2012 , 03:57 AM

#70

SeanyJ

adept

Join Date: Apr 2008 Posts: 1,014

Quote:

Originally Posted by DOOM@ALL_CAPS

I think that rse is pretty attractive even after this run-up. Care to share anymore of your uncle's picks?

Haha I don't have any others at the moment, I'll keep you up to date. ;P

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02-06-2012 , 03:00 PM

#71

JReezy

old hand

Join Date: Aug 2006 Posts: 1,343

Anyone playing groupon ahead of earnings?

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02-06-2012 , 04:05 PM

#72

renodoc

Casino Olympics Champion

Join Date: Feb 2004 Posts: 8,357

REGN up over 100 now--green every day I look at it. Buy more???

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02-06-2012 , 07:51 PM

#73

gna

adept

Join Date: Jul 2011 Posts: 773

guys MNKD up... maybe it is a risky good buy. I bought FIO this morning cuz of what I heard on cnbc. Thoughts?

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02-06-2012 , 09:46 PM

#74

WutRUTryin2Hit

veteran

Join Date: Mar 2006 Posts: 2,619

Quote:

Originally Posted by JReezy

Anyone playing groupon ahead of earnings?

Not playing it, but very curious to see what they report. You playing it at all?

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02-07-2012 , 11:05 AM

#75

JReezy

old hand

Join Date: Aug 2006 Posts: 1,343

Think I'm staying away for now, very interested as well.

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