People are too quick to shout "Manipulation". MNKD has had a great run since Dec--personally got in at $1.89. I was not the only one--and those that got in between then and $3.00 are just taking profits because the increase was so steep. MNKD was bound to get hit by profit taking.
Unfortunatly, they are selling to recent buyers who are now ticked off. If you had gotten in in Dec., you would be selling some too.
No--this is not manipulation. This is some investors knowing that MNKD is not a slam dunk. However promising the future is, when you deal witth a Fed agency like the FDA, anything can happen. Iff you were up 300-400%, you would be crazy not to take some chips off the table. Regardless of the stock.
JMO
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