Bottom line, this is a strong stock..yet, the market swooned for like an hour and people headed for the exits. What you'll notice about strong stocks is that when this happens, it creates opportunity.
Note below how MNKD broke out from the $5.90ish area before running(propelling actually) to $6.18 earlier today.
There's no guarantee that the level would of held(or will for the rest of the day)..but the risk/reward was favorable as we're all aware(dooh) that the $2.76 level was a key breakout level from yesterday.
With the Daily Chart looking as good as it does, in addition to today's strength, gave a favorable risk/reward profile as this one can easily take out the $6.20 high today and who knows from there.
So, if you missed this quick mini opportunity, don't worry as it appears that someone clearly wants this stock and we plan on keeping them company ;-)
Additionally, we're soon to offer an option where you can trade along with us..more to follow on this as it develops.
Hope this helps...