Load up on Apple PUTS / short-sell. Price target: Below $90Buy SPY CallsWatch MNKD. Conference call today affirms downside for company.Watch TWTR, EBAY...Join this group. It's FREE. That's valuePost your move tomorrow below. MannKind dilutes shareholders. Source - Street InsiderOn April 26, 2016, MannKind Corporation (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with FBR Capital Markets & Co. (“FBR”), pursuant to which the Company may issue and sell shares of its common stock having an aggregate offering price of up to $50.0 million from time to time through FBR as its sales agent. The Company is not obligated to make any sales of common stock under the Sales Agreement.The issuance and sale of the common stock by the Company under the Sales Agreement, if any, is subject to the effectiveness of the Company’s registration statement on Form S-3 (File No. 333-210792), filed with the Securities and Exchange Commission on April 18, 2016 (the “Registration Statement”). The Company makes no assurances as to if or whether the Registration Statement will become effective or, if it does become effective, as to the continued effectiveness of the Registration Statement.