Leap Wireless was just bought out by AT&T for about a 110% premium. Leap made no money and highly in debt. Stock went from around $8 to over $17 in after hours Friday. This also was a highly shorted stock. This is a good example of what could happen to MNKD. If you have someting that others want, they will pay for it! I
Look at Alexion. 1.13B in sales in 2012 and a WHOPPING 22B market cap after the runup last week. I always thought the MNKD pumpers were delusional, but perhaps I'm underestimating the irrational exuberance of this biotech market.