I feel your pain and am still simmering about the "minimally dilutive" 30% dilution we suffered. I agree Al has been forced into many decisions of late. That reinforces my belief we were very close to approval before the last CRL. Of course the insider trading scandal backs that up.
In a different world market we would have successfully had at least a 2/3 subscription on the $370 bond offering and been down the road trading at $8-10 IMO.
The older we get the less we are able to adapt. That is the one thing that gives me the most concern when it comes to corporate MannKind decisions. This is a different world we live in than the one Alfred Mann grew up and thrived in. I hope he has good council on major decisions.
You know what they say- Sh*t in one hand and hope in the other and see which fills up first!