MannKind Corp. (MNKD)

[Hypi]

The problem we have at these levels is nobody wants to raise money here. You also have a very illiquid market in many areas. Look at JNK and HYG which is high yield debt at 52 week lows. Last time they were at these levels the S&P was down 200 points from where we are right now.

These markets are in trouble and I still don't see how the Fed can even raise rates 1/4% because it will crush commodities and emerging markets even more. Unfortunately these bozos should have been raising money and even diluting after the SNY partnership deal, but missed the window. My only thought is that they never felt the roll out would be this anemic even if it was a controlled one.

I blame this on Hakeen and Al, so Al need to dump another $50M into his company which would ease some concerns on the liquidity front. Also we need some damn news about the Clamp study, labeling, international approvals, TV ads, insurance coverage. Hell just coming out and saying we have 80% all insurance companies accepting or moving to Tier 2 coverage would be a home run. Throw us a damn bone.