Welcome to the board.
My speculation is people are lining up their positions in anticipation of trial completions in May and June. They (like many of us) want to have their shares in place when MNKD announces trial completion for fear that the runnup will commence at that time.
Because there is so much activity leading into this virtually certain event, there is a real possibility that we may experience a classic "sell on the news" phenomenon when the trial completions are announced. If this happens, don't panic because we should quickly recover and set new highs leading into August results and Fall filing.
Rak (aka Jed)
