Mannkind - Defying gravity

[charlespk]

Well , on the day following Brexit , with the DOW closing at  - 611,  MNKD closes in the green ( I know one cent) .

It tells me that someone is buying and accumulating , as some of you say on this board  , when there is a buyer , there is a seller , but you would have expected it to go down like everything else.

Still it held on decent volume of 8.1 million .   So i take it as good news! 

it also tells me that if goes down to between $ 1.00 and $ 1.10 , I am buying some more. 

[Deleted]

There are two threads - one for volume and one for pps just so you know

[matt]

Jun 24, 2016 15:12:54 GMT -5 charlespk said:

It tells me that someone is buying and accumulating , as some of you say on this board  , when there is a buyer , there is a seller , but you would have expected it to go down like everything else.

I think at this point most of the funds are out of MNKD and with the price decline the stock is not a significant weight in any of the indices either.  That tends to blunt the wild swings, both on good days and on bad days.