My thoughts on where we are today.
Gee it's very quiet these days.
Why they silence from both companies. Is Mannkind gearing up more production lines at the factory in Connecticut? To handle demand if the product sales take off when released to the USA market.
What about EMA !and UK release?
You can bet the lines are planned and the equipment will be in and ready to go to coincide EMA approval. They will have their timing right for production. The line might even be installed at a Sanofi plant in France. some EU countries might require this for distribution.
We know that eventually that there will be a 2nd production site. Europe or in China. Sanofi has several insulin plants there. I am sure that once Sanofi gets its insulin approved for use with Afrezza that whatever Sanofi plant produces that insulin will be the plant for the Afrezza production line. This is why it makes sense for Sanofi to take either a stock investment interest in MannKind like they did with REGN & ALNY. Or perhaps a complete buyout of MannKind.
One has to beleive that Afrezza will prove to be a blockbuster drug with 480,000,000 diabetics world wide. Do you really think Sanofi wants to be a partner with MannKind or the owner? Insulin is a cheap highly profitable drug. One of the most prescribed drugs. They want to own it as its a cash cow. Today approved in America. Mid 2015 EMA, UK approval. Then 120 possible nations for usage. Do you really think they want a partner?
Personally the quiet is maddening. It's Drip Drip Drip. What will we learn between now and the end of 2014 from either MannKind or Sanofi. The best we can expect is on November 20, 2014 at the Sanofi Investor Relations conference. SNY is controlling the tone at the top. Is that surprising?
Personally I hate the % of value that I have lost since approval. Foolishly ??I kept buying shares. Should had waited for a lower price. I have averaged down my cost basis. have not sold a single share. I will not sell a single share. Perhaps I will be buying more. The potential for a big upside is enough of a incentive to stay long and see what happens. There 78,000,000 shorts know that there is blood in the water and have done a great job of chumming the water.
SHORTLY we will see who wins.
Will this be a high flyer in 2015 or 2016 or come crashing down like a kamakazi pilot flat busted broke and destroyed .
I bet the last laugh is on the 78,000,000 shorts.
AI
