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Unbelievable! You’re the one with his panties in a wad.
Go ahead and call me some more names. It’s all you got, Mr. Cool and Collected! LMFAO!
Yeah, he’s supposed to have me on ignore yet he responds to me every time. Then he gets mad when I quote him from 10 months ago…
Countdown to $40 billion buyout: 8 months and counting down lololol
There is a lot of risk here. The truth makes you mad, huh?
LMAO at you, Jack!
I know the uber longs here don’t believe I’m a long. I think I’ve been a long here a lot longer than most. Seriously, after all the pumping I just feel like anyone new to this stock doing due diligence might need a dose of reality.
Could this turn out to be successful? Absolutely! It can be hugely successful. But this is a developmental biotech. The risks here are real and there’s always going to be bigger chance of failure due to bad financing, running out of money, trial failure, government intervention, etc.
These attacks started last December when Jack said we would get bought out for 30-40 billion dollars in 12 to 18 months. I joked and said “Yeah, that or another reverse split!”
The Uber longs lost their mind! Jack called me names and said he was going to put me on ignore. I guess he couldn’t stand missing out on my input because he answers all my posts. lol
I went through the reverse split just a couple of years ago and reinvested more just to watch it seemingly dwindle away everyday.
This stock is down another 25% in the less than 2 months since the last earnings report and has been severely diluted twice this year, once right before the ER. These are danger signals and I’m going to mention here. I will get called bad names but I think it needs to be mentioned since all we get here is nonstop pumping!
Good luck to all longs, but just know there are no slam dunks in this level of investing. Only invest what you can afford to lose.
…says the man who now predicts FDA approval is a foregone conclusion with a $30B or $40B buyout and who cannot post without including a personal insult. LOLOL
…says Jack Torrence who predicts a $40 billion buyout
Giovanni, please stop. This is a pump board only and anyone saying anything negative or even less than positive will be ostracized, pretend blocked, called a short and called bad names. *
*Please disregard the fact that MNMD is down 25% since a few days before the last earnings report (less than a month ago) because, according to this board, there's an 80% chance it'll get approved, then it's going to the moon. Buyout prediction from this board? $40 billion plus.
Not to mention the big pharmaceuticals who spend tens of millions lobbying and making political donations to keep things the way they are.
I thought you put me on ignore. lolol
I thought about selling but this is my lottery ticket, so I'll keep it. Thanks for the advice.
You cannot have a fair minded discussion on this board. It’s as bad as the old Yahoo message boards.
One poster says we’ll have a buyout for 40 billion dollars while another says that they have an 80% chance for approval and not a peep out of anyone, only thanks for the valuable info! lol
I’ve only posted the facts but they can’t handle the truth. The honest truth is that this stock is a lottery pick and one should only invest what they can afford to lose, because odds are, that’s what’s going to happen.
“This is a biotech... not a revenue generating company at present.”
Wow! That was a non-sequitur. lol
NOBODY is saying this should be a revenue generating company at present. What I’m saying is they just had a major raise 5 months ago ($175 million or approx 35% dilution)and they turn around and have another. What the hell happened to cause that?
Management has decided to dilute our stock in a major way. That, along with the disastrous 15-1 reverse split 2 years ago, is always a danger signal.
I’m a long term long here, and bought a bunch more after the reverse split destroyed the share price. I was a regular fanboy. I was back to breaking even earlier this year & went positive for a while. Well, that’s over and it’s made be a little wary of their intentions.
Bad management almost always trumps a great drug.
Lol, that is definitely your prerogative.
After 3 raises and a reverse split in 2 years, I have to wonder where management is taking us.
Due diligence is your friend.
Good luck to all longs.
Oh yeah! Thanks for reminding me of the other raise MNMD made in March of this year.
No, this public offering is “news”. This was not pre-announced.
You may be confusing this with the $175 million private placement MNMD did at $6 share March 4, 2024 with Deep Track Capital and Commodore Capital.
https://ir.mindmed.co/news-events/press-releases/detail/138/mind-medicine-mindmed-inc-announces-pricing-of-underwritten-offering-of-common-shares-and-concurrent-private-placement
With this new raise, the total comes to $250 new stock (50% dilution in 5 months. The market cap is currently 496 million)
MNMD announces public offering of 9.3 million shares. This amounts to approximately 15% dilution.
https://finance.yahoo.com/news/mind-medicine-mindmed-inc-announces-124400258.html
All time high of 513.02 set today
LMT suddenly approaching its all time high.
This selloff of psychedelic drugs across the board is due to the FDA rejection of private company Lykos Therapeutics’ MDMA drug for PTSD. This is certainly a knee jerk, overdone reaction in relation to MNMD.
https://www.npr.org/sections/shots-health-news/2024/06/04/nx-s1-4991112/mdma-therapy-ptsd-fda-advisors
Price war?
Women’s Health Magazine: Botox Is More Affordable Than Ever. Is That A Good Thing?
https://www.womenshealthmag.com/beauty/a60702410/counterfeit-botox-injections/
It’s got a 2 ton gorilla on top of it trying to squeeze out all of its life.
lol… I broke even today! I forget how much my initial buy was but it was before the reverse split, so it’s been a long haul🙂
-22.29 -4.86% on more than double volume. Yikes!
Lockheed Martin earnings are like a box of chocolates… currently -16.01 (-3.49%)
Fool? All you guys have is personal insults.
I’ve been long here for a long time and I bought more after the recent reverse split catastrophe. But MNMD is a small, unpartnered biotech and I realize that it’s a lottery ticket.
It’s unlikely, but it actually could go considerably higher (not $40 billion… big numbers are hard lol) but there’s a lot of risk here… that’s all I’m saying.
That’s what they were saying here in 2021.
Im not saying it is going below a dollar but with these small developmental biotechs, anything can happen. Well, it’s not gonna be bought out for $40 billion. Pump all you want.
I’m actually long this stock but I think it’s worth pointing out that another reverse split is far, far more likely than it being bought out for $40 billion as Mr. Torrance projected.
In the last 2 and a half years, MNMD has dropped from around $60 (adjusted) per share to a little over $2 per share, a decline of 95%. Much of this decline was after the last reverse split on August 29, 2022.
Or, as Jack Torrence projected, it might be bought out for $40 billion in the next 18 months, or $975.00 per share.
It sounds like somebody's macrodosing... lol
Oh no, what am I gonna do?
Yeah that, or another reverse split.
Thank you for your reply.
This a high end clinic that was chosen among the first to receive Daxxify after it was approved. The doctor had been excited by Daxxify even calling it a game changer, so I’m disappointed that she was so disappointed.
Revance only had one chance to make that first impression but I believe Daxxify is clearly the superior product and should do very well in time.
My wife had her annual body scan at the Dermatologist. This time, I asked her to see if they had anything displayed that promoted Daxxify. She didn’t notice any posters, so he asked her doctor if they had any Botox or Daxxify brochures. Her doctor replied “Why?”
This caught my wife off guard, but she informed the doctor that she might be interested in treatment, especially Daxxify. Her doctor told her that the clinic no longer carried Daxxify. Then she added “Actually, we never reordered it. It didn’t differentiate itself from most of the other products and it was too expensive.”
This doctor wasn’t even aware that the price has been cut. I think Revance has their work cut out to undo some of the damage that the ill-conceived launch has caused.
April 2023 Laurenco Goncalves: “We expect second quarter EBITDA will be multiple times higher than first quarter EBITDA.”
https://www.recyclingtoday.com/news/cleveland-cliffs-steel-iron-ferrous-recycling-earnings-1q-2023/
Does Lockheed Martin have a healthy balance sheet?
https://finance.yahoo.com/news/does-lockheed-martin-nyse-lmt-130019356.html
I am sketchy on what happens during the buyout process.
Is Foley required to report an offer to the BoD, and then they decide to whether to accept and put it to a shareholder vote?
Also, if the BoD doesn’t accept, would the shareholders even hear about it with the details?
TIA
Nice Daxxify write up in Cosmopolitan
https://www.cosmopolitan.com/style-beauty/beauty/a43031516/what-is-daxxify-botox-alternative/
But if you get out now you’ll miss the next reverse split. Lol
How about some anecdotal second hand info? LOL
My wife had a non-cosmetic appointment at her dermatologist this afternoon and of course I asked her to inquire about Daxxify. Her dermatologist was surprised my wife was aware of it and said that her clinic was one of the first get Daxxify and that their first appointments were tomorrow 12/16. She called Daxi a game changer and said that the clinic was going to sponsor a “Daxi Day” to build familiarity with the product.
My wife asked about cost and she just said “Double”.
Her 20-something assistant wanted to be one of the first and has an appointment for frown lines tomorrow. My wife said she was very excited.
Don’t worry everyone… in a couple of more weeks we can just do another one of those reverse splits again… ha ha ha lol
Maybe we should do a 30-1 this time…
Now, now… they can always do another reverse split in a few months to get the old stock price back up. That’s always bullish????
Canada Decides to Buy 88 F-35s Pending Ageement with Lockheed Martin
https://www.defensenews.com/air/2022/03/28/canada-picks-the-f-35-in-fighter-replacement-competition/
This is an over-reaction. LMT will end up selling more F-35s that will more than make up for this reshuffle.
https://finance.yahoo.com/news/pentagon-cuts-request-lockheeds-f-104230396.html
Lockheed Martin is the sole contractor for the Super Hercules C-130J.
The plane is assembled at the Lockheed Martin Marietta, GA facility. I'm sure most of the parts are fabricated elsewhere by vendors and shipped to Georgia for assembly.