Problem is the market is so rigged on so many levels there is no way to fight the beast. The economy is in the toilet and the Central banks around the world buy up ETF's to support stocks.
Unfortunately these lower level stocks become irrelevant and the shorts can do whatever they want to control the price. It then squeezes the company and they have very little ability to raise funds at reasonable levels. MNKD could be running the ATM and selling shares into all rallies to keep raising cash.
Frustrating as hell and really worse for diabetics as they get cheated out of a life saving treatment. I don't want to go back and say the SNY deal was poorly negotiated or Matt as CFO should have raised more cash up at the $7-$8 level, but my concern is that they are doing very little to get the word out about Afrezza. Real easy to make noise on social media, yet they continue to drag their feet in this key area which would give Afrezza more exposure.
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