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MannKind Corp. Message Board

sheenarazi 1 post  |  Last Activity: Mar 5, 2015 7:13 PM Member since: Jun 27, 2009
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    Notes priced and amount upsized

    by greenytheterp Mar 5, 2015 5:26 PM
    sheenarazi sheenarazi Mar 5, 2015 7:13 PM Flag

    They monetized their hedges at the bottom of the oil market (atleast what they believe is the bottom and what i hope to be the bottom...$43 WTI)....they also went out to to the market for bids for their non-core assets at the bottom. I like this raise.....buys them a lot of time to allow for commodity prices to that they are flushed with cash I would prefer to see them wait before selling any assets.

4.80-0.16(-3.23%)Apr 24 4:00 PMEDT