MannKind Corp. (MNKD)

[Hypi]

Russell 3000 balancing caused the afternoon sell off. Indexes are based on market cap criteria and MNKD fell below the threshold. We will be back in the Russell 3000 next year and in fact maybe even the Russell 2000.

We should get a good move next week as MNKD didn't release information last week because it would have made little sense with the Russell rebalancing going on.

Once the scrip numbers came out we climbed from $1.50 to $1.67 which is a 10% move. I feel we might have ended the day up 15%-20% with out the Russell rebalancing. I would like to know how many of those shares were naked and did some back door covering?

We have been on the reg short list for 23 days, so lets see what happens next week. That reg short list shows how criminal the market and SEC are these days. After 10 days straight the SEC is suppose to investigate and now we are on day 23.