Saturday, May 27, 2017 8:04:28 AM
Obviously scripts showed no improvement last week, but stock jumped from $1.13 to $1.68 and closed at $1.52. Almost a 50% move, so something else is clearly underway and once again that move was on very high volume. Furthermore, shorts increased their position over the last few weeks, yet the stock has continued to climb on big volume. Shorts are failing right now in their efforts to suppress the share price.
Good article on disruptive technology in the biotech/medical technology sector and surely explains the hurdles MNKD has faced. It also tells me its not about people not liking Afrezza or that the product doesn't work its just very difficult to change the game in this sector. BP owns us and its a big challenge to get anything thru the process that disrupts the powers stranglehold.
https://www.inc.com/magazine/201706/thomas-goetz/healthcare-disruption-never-happened.html?utm_content=buffer5d8fa&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Recent MNKD News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 01:00:31 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 01:00:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 01:00:19 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 01:00:13 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 08:09:54 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/21/2024 08:07:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/18/2024 01:36:29 AM
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