Re: Activity Alert for MannKind (MNKD)
in response to
by
posted on
Jun 14, 2013 11:45AM
Edit this title from the Fast Facts Section
Deez,you're not alone there.I bet most on this board own more shares than they should.I'm more concerned about the FDA decision.Earlier I bought some $3.50 2015 calls( at a lot lower price than today's however).I plan on selling enough shares on the pre-PDUFA run up to get my initial share investment back.If approved I will buy the shares back through the calls.By doing that I won't have all that money riding on the decision but I won't have to spend a fortune buying back my shares.If however the trials bomb and the share price crashes(I'm not planning on that)I'm screwed.I'll not only lose money on my shares but also the money that I spent on the calls.
I sure hope these trials go well.:o)