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Xwords59

Xwords59
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  • Forget Biased Analysts, Diabetics Love MannKind's Afrezza [View article]
    Has anyone read The Medical Letter as touted by AF? It is subscription only. It is supposed to be non-biased. I am wondering if he selectively quoted the article. Also, does anyone know what the Goldman Analyst rates from tipranks or some other website? What about his claim of Afrezza discounting of 40%. Don't get me wrong, I am long MNKD, but I do like to know all the data all the time -- I am not interested in unfounded allegations. The video on Cramer is a disgrace. He should be taken off the air. What a total jackass.
    Mar 3, 2015. 12:27 PM | 6 Likes Like |Link to Comment
  • Qualcomm's Brilliant Investment [View article]
    I would get rid of this statement in your profile: "Jonathan has been a consistent contributor to Seeking Alpha, where just last year he picked GTAT to triple, long before the company caught Wall St. attention." Also, your profile states what a great stockpicker you are. If so, put your picks on SA and time stamp them so we can see how smart your really are.
    Jan 6, 2015. 03:14 PM | 2 Likes Like |Link to Comment
  • Sanofi's New Medicines Seminar: Implications For Afrezza [View article]
    It seems that the next big hurdle will be the negotiations with payers. After all, payers hold the power of the purse, which cannot be understated. How much the copay is, and where Afrezza is placed on the formulary is very important, and will determine the success of the drug, at least in the short term. Per a WSJ article, Diabetes Investor publisher David Kliff maintains that Afrezza will get short shrift from payers and as a result sales will be in the hundreds of millions of dollars only. Mannkind maintains that Mr. Kliff has not done the research that Sanofi has done on this, and Sanofi would not have invested the time and resources into Afrezza if it would be a small, niche product. Does anyone on SA subscribe to Diabetic Investor? Can anyone paraphrase Mr. Kliff's argurments? Clearly the next hurdle for Afrezza will be payer acceptance. One thing I think that could be different about drugs today, versus the past, is the power of social media. If Afrezza is truly more convenient and more appealing, word will get out, and it will win in the long run. So the proof will be in the pudding, as it should be.
    Nov 23, 2014. 11:17 AM | 1 Like Like |Link to Comment
  • Sanofi's New Medicines Seminar: Implications For Afrezza [View article]
    PA - could you provide us some more details on your financial model? What is the ASP for Afrezza? How did you model the Sanofi/Mannkind contract? What is manufacturing cost? Marketing cost? Etc. thanks.
    Nov 21, 2014. 07:50 PM | 1 Like Like |Link to Comment
  • GT Advanced Technologies: What Went Wrong And What Investors Need To Know About The Bankruptcy Process [View article]
    If the management was forecasting $400 million in the bank by the end of the year and now they are in chapter 11, then management (CEO, CFO and BOD) is inept with a capital I. These guys are paid big bucks by any standard of comparison, not to be this bad. When they are this bad, to me it is the equivalent of being dishonest and criminal. You can't have it both ways, if you are going to be part of the top 1% then you have to perform like a 1%er. You can't sell stock, make fat salaries and say "I'm sorry, I screwed up". No way. No matter how you look at it, this is criminally culpable behavior. Claw back everything these guys own. I am sure this behavior pierces all the insurance policies. They cannot hold office in a publicly held company again. And when they get out of jail, all assets are gone. Make them live in a trailer park.
    Oct 9, 2014. 04:58 PM | 3 Likes Like |Link to Comment
  • Did GT Advanced Technologies Mislead Investors? [View article]
    How about this for the conspiracy theorists: TG did not mislead investors because, even in August and into September, Apple was telling him everything was OK and going to plan. Then in the last few weeks Tim Cook calls him and tells him they are pulling the plug. In this case, maybe Apple mislead GTAT for whatever reason, or had a change of heart, and they are the bad guys. This will come out in discovery as I guess that the myriad of lawsuits will subpoena every email and other communications between the two firms. Lawyers would love to be able to sue AAPL for whatever reason because (a) they are the mac daddy of deep pockets and (b) AAPL does not want any reputational harm.
    Oct 7, 2014. 09:03 PM | 2 Likes Like |Link to Comment
  • GT Advanced Technologies: The Bankruptcy Shocker [View article]
    The August 5 call had many incriminating comments, but I think I like this one the best:

    Stephen Chin - UBS
    Okay and may be a follow-on to that. If the final prepayment does not come through by that October timeframe is there an extension possible to that or is there a scenario where you then might need to raise more cash, if you don’t get that prepayment?

    Tom Gutierrez - President and CEO
    I would say that these are milestone based, right and so when you reached a milestone, you get paid, they are not cliffs per se. And so I feel very confident based on the progress that we are making that we will achieve the milestone in that timeframe but as I indicated with the projection of having close to $400 million in the bank at the end of the year, it’s not a world-ending event, if it slides although again I don’t anticipate that it will slide.

    And now you are in bankruptcy? Tom Gutierrez -- I hear that Bernie Madoff is looking for a cell mate.
    Oct 6, 2014. 08:02 PM | 17 Likes Like |Link to Comment
  • GT Advanced -90.4% after resuming trading [View news story]
    I am long GTAT and it looks like I am going to get my *** kicked on this. Clearly management is to blame and they issued false guidance. I invested based on the technologies they own and its potential. When you do that, you assume that management is acting prudently and that they are not misleading investors. In hindsight the biggest mistake I made was that I was investing on potential and not on something that was actually being delivered profitably in the marketplace. I won't make that mistake again.

    However, the management and the board should be subject to a serious investigation with all of their stock sales up for clawback. This is absolutely insane. The CEO made millions of dollars just in the last few months.
    Oct 6, 2014. 12:30 PM | 7 Likes Like |Link to Comment
  • Google Glass display output ramping, Microsoft clone might arrive [View news story]
    I heard an interesting review where the reporter said that Glass would see good traction for business uses - doctors in surgery, mechanics working on a car, etc. Glass is a good product, but as mentioned above, right now it is a single or double - not bad, but not something that turns the world upside down.
    Sep 21, 2013. 10:38 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
9 Comments
43 Likes