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I have a diverse background—as a financial journalist, resident physician, mixed martial artist, painter, entrepreneur, chemistry instructor and web developer—that enabled me to pioneer the “Integrated Investing Research” approach. I provide consulting to clients, both the retail and... More
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Vincata Enterprises LLC
My blog:
Retail Investor 360
  • MannKind Corporation: Is MannKind A Victim Of Manipulation And Corruption On Wall Street 0 comments
    Aug 20, 2014 8:42 AM | about stocks: MNKD, SNY

    Published at Retail Investor 360: Saturday, 16 August 2014 08:41Written by Doctor Hung V. Tran, MD, MS


    Disclosure: We are long on MNKD and we do not have any financial relationships with any of the company we cover.

    The Story.MannKind Corporation (NASDAQ: MNKD) recently inked the commercial partnership agreement with Sanofi this past Monday August 11, 2014. Contrary to what shareholders hoped to be the bulls run that should have caused an epic short squeeze, the bears stood firm in The Street. Prior to the market open on Monday, share price initially traded north by more than 30 percent, only to give up nearly all gains, and closed slightly north of 4.9 percent. Shares have been hampered by declining trend and close the week, down by 16 percent at $6.86 on Friday, August 14, 2014.

    Long-term shareholders and traders were distraught with the shares price action on MannKind. Some shareholders publicly raise the question whether MannKind's trading has to do with The Street's Senior Columnist, Adam Feuerstein, and his along with others potential manipulation on MannKind. The Street's Founder, Jim C. Cramer, is also the host of the "Mad Money" show on CNBC. Interestingly the viewers on CNBC Mad Money have dropped significantly over the years.


    If you'd like to read more, please follow this link.

    Disclosure: The author is long MNKD.

    Stocks: MNKD, SNY
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