Thanks to the tens of trillions of new money globally over the past seven years, nothing makes sense.
>>>> you got that right. Created many distortions that we have yet to see the effects of.
Look at solar. It should be sky high right now thanks to the climate deal. But it's also down 90% over the past several years.
>>>> eh, Solar still has many economic (and some environmental, if you take a holistic view) issues, and especially in light of the low prices of oil.
In the long run, it could be the Federal Reserve that's to blame. ....
>>>> For a lot !
....But, whomever is manipulating this one had ready access to insider information. Oh yes, it looks like they'll win, if enough sell (but we are not seeing the volume yet).
>>>> Very plausible that you are onto something here, considering all the incest between Golden Slacks, Greenhill, various hedgies, and SEC, Treasury, etc. You are likely correct in that some were privileged to illegally view key deal info that allowed them to craft a scheme to drive down the market cap and retail wealth associated with Mannkind.
Live and learn, there is a crook around every corner that is after your money, and a lack of any enforcement of the myriad statutes and laws already on the books.