I don't know, rak, if I were in group one or two, I would wait until just before pdufa date to sell short. Why be short now?

I believe the slightly more knowledgeable shorts are expecting disappointing trial results and the less knowledgeable never met a developmental biotech they didn't want to short, especially during a run up in the share price - many of those are lucky if they know any more than MNKD has something to do with helping diabetics.