to be in a stock whose share price moves completely independently of the major averages! If 1.0 is perfectly in synch, then I think MNKD is about a 0.3.
Heard the entire Matt presentation now; his best work, IMO, and while I'm not yet a Matt fan, I've softened up considerably on him as his performance turned me into "Matt-tolerant!"
And it certainly seems as though quite a few warrants have been exercised, don't understand it, but it can only help the company.