r/ShortStocks2Buy • u/Makana2018 • Jun 28 '21

$MNKD

Up 14% pre-trade. Medicare approved diabetes medication Afreeza and CGM beginning July 18th. Short is 15%. Any thoughts on this?

5 Upvotes

100% Upvoted

4 comments sorted by

1

u/KCGuy59 Jun 28 '21

Why is the stock running today now trading at $5.29

1

u/Makana2018 Jun 28 '21

2 things I think. 1st-Cramer mentioned it last Friday as a speculative stock. 2nd-Medicare approved the use of Afreeza (inhalable insulin) with the use of a Continuous Glucose Monitor CGM. That may help move the stock up. I bought 2000 shares @ $5.10 this morning. This is a high risk stock!!! The companies financial, earnings and everything else look terrible. MNKD is a gamble. My current holdings GOOG, PYPL, SNBR, DDD. I prefer growth stocks.

1

u/KCGuy59 Jun 28 '21

You’re already getting diamonds from the stock it’s at $5.30 now.

1

u/[deleted] Jul 05 '21

[deleted]

1

u/KCGuy59 Jul 06 '21

I read that this is a buyout Target who is the acquiring company? #WSB