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Needless to say, this stock is severely oversold. However, unless we hear some very good news on the q1 CC, we could be heading substantially lower once we get a close under $2.00.
Not only will we be under pressure from a falling general market (Europe related), but the MNKD financing issue has never gone away.
There's an unfilled gap on the S&P futures at 1320.50, that's where I believe we're heading.
