MNKD 92M Cash approx according to Finviz, has a 21% short of float position, and as the PDUFA approaches that should spell some nice movement up.
*They have a bunch of COH and no debt, so imho it simply depends on burn vs event dates I guess. I will have to look at the burn but on the surface I wouldn't think it would necessitate an offering unless the SP rockets up a few bucks. jmho
They seem to be going through 40M approx/quarter so that being said if the stock goes up into the 8-10 area I agree with you it is a watch carefully candidate.
Thanks for the heads up.
T2M
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