adbright

Wednesday, January 27, 2016

a stock tip but it's not for the faint of heart

a stock tip but it's not for the faint of heart

fiction
edward w pritchard

An inhalable diabetes device so some people don't have to use a needle daily to stay alive.

Author once when working as a substitute school teacher watched a high school student give herself a shot during the school day. It was one of those things one doesn't forget.

MannKind Corp. [ symbol MNKD]  now has an inhalable diabetes device and was up twenty per cent yesterday on a potential short squeeze. Still it's not a stock for the faint of Heart. Too much debt, actually a Mountain of debt and not much luck marketing the lead diabetes device to date.

A potential double in a few weeks. Long term?  Maybe bankruptcy or more dilution and a reverse split.

MNKD as a speculation; don't bet the Rent Money. Check it out with your financial adviser.

No comments:

Post a Comment