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Avid Technology, Inc. Message Board

  • wcoastguy2008 wcoastguy2008 Oct 22, 2012 2:22 PM Flag

    Mannkind - MNKD - Consider Buying A Few Shares Under $2.00

    The announcement that Mannkind has issued a new secondary to raise funds has created a buying opportunity.

    Mannkind's insulin drug, Afrezza, could receive F.D.A. approval as early as September,2013 if it is granted "priority review" status.

    With $1.6 billion in tax-loss carry forwards and insulin inventory to produce $10,000,000,000 worth of Afrezza the company in a potential takeover target which may be why Mr. Mann probably decided to convert so much debt to equity at $2.59/share last week.

    A "big-pharma" partnership could happen at any time.

    Consider buying a few shares below $2.00 before the approval run-up begins.

 
AVID
11.69+0.20(+1.91%)Nov 21 4:01 PMEST

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