i have been following mnkd tradings for the last 3 weeks, all I see is 100 shares thrown 1 penny above the asking to stop any form of a rally. If they see any sign of a possible surge, they will throw in 100-200k shares to completely put out the fire. If you look at the short shares; they added 3 million shares under $1 to control the price. Thus, you know the shorts want to kill this company.
The shorts are committed and they will do anything to keep this under $1, avoiding any possiblity of secondary offerings to generate money for the company. They want to do everything possible to BK this company, including delisting from Nasdaq etc, etc. Thus, management has to come in and kill these shorts; there is no long term struggle here folks. By april we will either see fireworks and dud