Will The Possible Sale Of MannKind Be Over A $1?

Mannkind Corporation

shares are trading higher by $,1572 at $0.92 in Tuesday's session. Rumors of a possible sale have the issue inching towards the psychological $1 barrier. Since it gap down from the $1.50 level on Jaunry5, the issue continued to make a new all time low at $0.6426 the following day. Since reaching that depressed level, all rebounds have been capped a $1 or lower. In today's session, the issue peaked at $0.9899,which coincides with its January 13 high ($0.9899.