The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems. Just a few of the roadblocks: Independent producers will spend $1.50 drilling this year for every dollar they get back. Shale output drops faster than production from conventional methods. It will take 2,500 new wells a year just to sustain output of 1 million barrels a day in North Dakota's Bakken shale, according to the Paris-based International Energy Agency. Iraq could do the same with 60 wells.
The put contract at the $5.00 strike price has a current bid of 27 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $5.00, but will also collect the premium, putting the cost basis of the shares at $4.73 (before broker commissions). To an investor already interested in purchasing shares of MNKD, that could represent an attractive alternative to paying $5.47/share today.
The concept of oral insulin as a way to relieve diabetics of several daily injections has been around since the 1930s, but making it a reality is extremely difficult because insulin is destroyed by enzymes in the digestive system.
NFL: Retired players diagnosed with Lou Gehrig's disease — formally known as amyotrophic lateral sclerosis - will receive up to $5 million each, Seeger said. Maximum payments for other diagnoses, including Parkinson's and Alzheimer's disease, range from $1.5 to $4 million, according to the agreement.
Nick Zheng - "I hold options for CHTP and VNDA. I may update my positions at any time." Does Zheng have an agenda? Calls? Puts? What options does Zheng hold? Contact the SEC. FRAUD.