I agree, Brentie. My conservative estimates going back to that last dark November were for 3.50 in May, 4.50 in April, and 6 by September. But the exceptional profile for MNKD makes them ripe for a major MM "push it up the flagpole" distortion in value over the coming months. Personally, I see risk as being minor under 6 (assuming no significant broad mkt correction). But knowing the shenanigans of market makers, I won't be suprised if we see $11 this fall. And all the associated spikes down as well as up into PDUFA. My strategy does not anticipate a major partner or purchase before PDUFA based on past performance (barring exceptional top line data results). Exceptional top line data results truly opens the door to understanding value in the approved, production sense.
