Sorry, I'm a bit slow. When you give your pps estimates at $8.26 with a low PE of 18 for todays price based on approval and partner. Back to I'm a bit slow, why would you currently be invested in mnkd if you think after approval and partner we only have $1.26 upside with tons of downside. I'm confused and I don't think this is what you mean. I'm probably mis-reading your evaluation. Can you please help me understand. Personally I am thinking on great data we pop $5 - $10 bucks into the $14 - $20 range.

BTW, this is my first post but have been lurking for a while. I hate the yahoo board. I am very long with tons of Jan 14 and 15 calls.

Thanks in advance.

Rich