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  • aunttizzy aunttizzy May 25, 2011 6:43 PM Flag

    "MNKD" - "The Next Big Thing In Biotech - Mannkind"

    Mannkind's annual shareholder meeting is being held on June 2. Mannkind's billionaire C.E.O., Al Mann, recently announced that the company is engaged in partnership talks with a number of big pharma companies and had multiple options for "non-dilutive" funding available to the company.

    There are currently about 25,000,000 shares short which is about 40% of the float. A partnership announcement could easily send the share price to the $12.00-$15.00 range.

    HGSI went from $2.55/share to over $35.00 after its partnership with Glaxo was announced.

    A rumor on several weeks ago indicated that Eli Lilly was readying a $12.50/share offer for Mannkind.

    The share price should be in the $5.25 range by the time of the meeting

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