may want to grab some on todays pullback, at least take a starter position... I was out until recently, been buying since $5.12 area. This looks like it has some legs, but more important, it looks like it has some 'support' at around the $5.75 level.
Note, at the time, thought we could see it reach for $6, the most recent high area. It has reached this level, now could do with a little 'basing' to build a support level here... Didn't expect to see sales actually commencing in Jan (ie, reports that its in Walgreens now).
But in a market full of overpriced stocks, MNKD kind of stands out as attractive because its just getting started. That alone could be like a magnet to the market...
But we see.
Disclaimer: own some and was planning to add more before sales commenced. Might have to make the add this morn on the market pullback, might be the reason MNKD is down a bit this morn.. and note, I am only looking for $7=7.5 on the commencement of sales 'hype'. Then a slow grinding as the market waits to see if its going to actually sell, rate of, etc...