Re: Latest Bi-Wkly. MNKD Short Interest Down 2.3%, With Its Price Down 4.5%, By 4-28-23
All that institutional stuff only matters in the overall framework. I mean we finally got over 50% institutional ownership which is key.
The killer is all the outstanding warrants and naked shorting that is allowing the manipulation of the stock price. Financiers can short and have the warrants to back stop them on those short positions. Then the corrupt SEC turns the other way and allows hedge funds and the criminal Big Pharma boys to short illegally.
Good news is we have plenty of cash and now solid cash flow with Tyvaso DPI, so they can no longer force us into a debt/death spiral financing. Eventually they will be forced to take the foot off the brakes and the stock will take off. If there was any real regulation and legitimacy the last quarter ressults with recent guidance would have squeezed the shit out of the shorts.
I think we get bought out for double digits by end of year.