Mann group is the largest debt holder of Mannkind. If Mannkind runs out of cash and unable to raise it, thereby forcing into bankruptcy, Mann group would be the first in line to receive the majority of the new stocks if the company emerges from the bankruptcy.

So this is the "ruined my day" I think Swingtrader88 is talking about.

Notice that I used Mann group instead of Al Mann since I don't think he would do that at all but if he passes away, given his advanced age, a very likely event, who knows what his desendants would do.

I mean, there is no sure bet, or this stock won't be this low. Certain risk does exist. Don't invest something you can't afford to lose.