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MannKind Corp. Message Board

  • chemsysus chemsysus Jul 2, 2014 10:43 AM Flag

    Profit Taking -- short term

    With MNKD up 70% since the Advisory Committee meeting in April, and up 100% for the year, profit taking on the FDA approval is not surprising. Buy on Rumor, Sell on News.
    The stock price should get a boost to new highs when the Marketing Partner is announced, which might happen in a few days to a couple of weeks. I expect on or before July 16.
    How high will MNKD go? I am disappointed to date, but $20 after the partner announcement.

    Sentiment: Strong Buy

0.5707-0.0438(-7.13%)Sep 26 4:00 PMEDT