You might be right. If you check out the trading chart for today, you'll see early, 9:35am to 9:49AM, a couple big trades that cratered the share price. After that, that stock rebounded and gained momentum. I wonder if that early morning dumping had something to do with the news?

check it out and let me know what you think

http://finance.yahoo.com/echarts?s=MNKD+Interactive#symbol=mnkd;range=1d;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;