From Seeking Alpha...

I Love You, Mann

(click to enlarge)

Not much to say about MannKind (MNKD), except: "Yuck! This is a sell-off with NO END IN SIGHT! Abandon Ship! Tell your mother you love her! This is the apocalypse!"

This company has terrific prospects with a winner like Alfred Mann and its Afrezza inhalable insulin coming up for approval. The problem is that this company burns cash and may have to dilute its shares again to raise money. That is keeping pressure on the name but remember Dr. Mann is a billionaire who not only has the money to loan to his namesake company, but (contrast this with VVUS) last month bought 31,250,000 more shares at $2.47.

Still, the sell off continues and a business catalyst - like Dr. Mann making a giant personal loan to the company or Afrezza gaining approval - could see this stock soar. But something like that needs to happen. Otherwise, like OJ said about when he finds the real killers: "look out!"

MNKD: MFI screams "Sell Sell Sell!"

Also a quick note here: some people will read the negative money flow and say that this stock has moved into "over-sold" territory. To me that is only as good as saying that something is going to turn around just because it has been battered for a while and is "due."

http://seekingalpha.com/article/793021-5-pole-axed-bio-pharma-stocks-with-scary-money-flow?source=feed