MannKind Corp. (MNKD)

[bsdvs23]

$MNKD: Second of April brought promising news.... Profit Takers walked away with pockets full of gold bricks.... bought from the 4s and 3s up to 7s and 8s overnight (literally)!

Shareholders informed another 3-month delay for FDA approval. Same story over-and-over again... But there is still a lot of money to be made here whether you're flipping, holding short or going long. (The going long part is 50/50 depending on the average PPS and strength in support).

If PPS cannot hold this pullback level (6.25); I expect the MA(20) to be retested ~ 5.92 (this price is dynamic so I expect it to move a little).

Take emotions out of this play....

B!