timberwolf7
8 hours ago
I fired a Merril Lynch broker in my early days for talking me into trading out of a
winning position for a losing one despite my reluctance to do so. Thats when I
found out how 'nice' a commission she got for talking me into doing it.
And I agree, early in their life cycle, a lot of baby bios sell shares, reverse split
and repeat it. Some many times.
Why I just said, I never invest until at least the PH 2 is done and the timeline for
moving ahead is recognized. And that also means waiting till the end of the PH 3 is
approaching with the share price at its lows. (in the case of TNXP, its all about
how much you paid pre-post r/split that counts relative to its 'conservative' target price.
And I just gave you my approach to investing in bios. Far too often, the idea has no
real chance of succeeding, far too often its just a fraction better than whats already on
the market. And should be left alone unless one is trading their chart for what it gives vs
for the idea to succeed (momentum trades)
and to tell you how difficult it is to find something I like?? I recently went thru all the bios
listed on the NASD/Dow that have been IPOd less than 5 years (about the timeline to get into
a PH3 anymore). Out of I forget the number of them, there were less than 5 that got my interest
cause they are needed, should be beneficial and with potential to succeed. Not ready to recommend
any of them cause I haven't done my deep homework on them cause they have time to get there
and I have enough already.
And on TNXP, yeah its been a rollercoaster recently, BUT it is again, NEEDED, shown it has the
potential to work, and now has a date for a decision. As I told someone just the other night, even
if you don't trust it to be passed, there is a really good chance it will at least double in price between
now and Aug that could be sold out of just before the decision date if they don't surprise before 15 Aug.
And oh yeah, it has some money now to operate..
Is it a given you can make money from $20 or less? Nope, but the information we have indicates its likely
you could. Which is why I have been adding since the pullback on the r/split..
Good luck..
rbl100
8 hours ago
I am glad you know what you are doing better than I. All I know is that I have seen way too many stocks that create offerings (dilution), share prices drop, then the reverse splits and then the cycle starts all over again. These companies sell nothing and just use this game to syphon all the $$$ from shareholders to fund operations. I have seen this now for 20 years and nothing has changed. No one gets rich from stocks, they just steal from others. Every one on forums is a liar. In fact I "invested" $2,000 in 1999 using Morgan Stanley Dean Witter as a broker. MY financial advisor told me what stocks to buy and I listened. Within a month or so SHE let me know all of them dropped in price. She advised me to SELL because her words "it's like catching a falling knife". So she turned my $2,000 into $700
How do you like that chit? A financial advisor LOSING my money for me. Does not get more crooked than that.
If I knew how to make money, I would spread the tips to help others, especially if that was my job like that lady at Morgan.
There is some creature named Rotten Kitty who somehow magically has a crystal ball and knew when AMC & GME were going to explode. It claims it knew by smarts. I say BS. It knew because it is a family member of the deep state families who run this game.
P.S. I had a coworker chinaman years ago who had a friend in the horses. His friend would give him tips on what horse was going to WIN a certain race. My coworker won each and every time with those tips. His friend was a true friend. Shared the blessings. These people no longer exist. It's me myself and I that matters only to everyone in this world.
I once gave a complete stranger lady in a wheelchair $2.00 to play the scratch off tickets from the machine in the store. She wanted me to wait around in case she won to give me half the winnings. I said to her "no, that is all yours to keep" and I walked out. Maybe I am the dumbass in this world.
timberwolf7
9 hours ago
Actually, ya might want to look at how you invest, when you invest.
First of all, familiar with cvm for some time now. Would have never bought it
ADXT is trying to be a royalty company, not a good investment idea unless
the companies they are hoping to get money from is actually making money to
give to them. There is a company called MTA, they inject capital into gold and silver
start ups hoping to SOME YEAR collect money once they start operations. They have
been losing money for several years now. But I like the idea, but I won't own their
shares till more of those they have injected capital in are actually paying them (see RGLD)
On TNXP, yeah, you sound like you bought into a MOMENTUM run, not really a good idea.
Cause you have to anticipate a pullback will occur. Best when they happen to sit on your hands
and see where they bottom out at. Even if it means you end up paying more...
So to close TNXP isn't a scam with its 2 (essentially 3) PH3s and an FDA acceptance of their
submission. Note: I had a boat load at 18 cents range...
and just made my last add this morn...
Now to see if this thing with a market cap of less than $50 Mil can push that market cap to say $100 Mil
for starters, then IF approved, towards $80/sh...
Good luck... but ya might want to evaluate what you are buying into for starters..
AKA: questions I ask for bios::
-is the development NEEDED, is it going to fill a currently UNMET NEED (ie, if it works, it should see demand/sell)
-is the PH 2 over, did it 'meet/beat' the end points and by how much
-will the PH 3 be a repeat of the PH 2 with just more participants involved
-and last, is it a simple development vs complex with difficulty assessing its effectiveness raising the odds of it
failing to meet, confirm it 'works'...
Dumb&dumber4long
1 day ago
We are all on this board to share our thoughts/feelings - Tnxp!
You know your bottom & you’re waiting on it.
Good luck to you & thank you for sharing.
When the time comes, don’t let anyone keep you from grabbing it!
I am too still waiting, I think it’ll reach my bottom too!
When the time comes, I’ll be grabbing more of it.
Then let the waiting game begins!
Your bottom is not my bottom.
I doubt I can change your mind.
So, I am not revealing my bottom now.
But I’ve provided one of the signs, B4.
Dumb&dumber4long
2 days ago
I am sorry. It wasn’t my intention to pick on you.
I will never intentionally pick on anyone, on this board or anywhere else.
I provided my opinion, but you don’t have to follow me.
I’ve been where you are now, judging by what Tnxp stock is doing to you.
More often than not, investors do not put a price level where an exit is best, to avoid further losses, or a Reason to exit!
Your post touched on a prior experience I had.
I am not giving up on Tnxp,
I will re-evaluate my position past August 15th.
Until then, the only action I will be taking is to accumulate & wait.
timberwolf7
6 days ago
Was busy all day today so just seeing the market carnage tonight.
But on the bright side, good to see this news. Now to see what they
do next, what they say in their earnings call, and more importantly,
what the share count IS..
(ie, did they take advantage of the higher price
to raise a bit more cash)..
Again, my focus is on August, their cash position and hopefully
they hold off on selling more shares..
Frankestin
7 days ago
no delisting!
Maybe in the future they will have to wait to do other reverse splits... who knows, maybe there won't even be any need!
On February 20, 2025, Tonix Pharmaceuticals Holding Corp. (the “Company”) received a letter from The NASDAQ Stock Market LLC (“NASDAQ”) stating that because the Company’s shares had a closing bid price at or above $1.00 per share for a minimum of 10 consecutive business days, the Company’s stock had regained compliance with the minimum bid price requirement of $1.00 per share for continued listing on the NASDAQ Capital Market, as set forth in NASDAQ Listing Rule 5550(a)(2), and that the matter is now closed.
Forward- Looking Statements
This Current Report on Form 8-K contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the performance, and continued listing, of the Company’s common stock on the Nasdaq Capital Market, the Company’s product development, clinical trials, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions.
Dumb&dumber4long
1 week ago
You’re right about the market being overvalued, holding up by the top 10 of the S&P 500, as well as the Nasdaq 100.
Many of the stocks are around 50% down & more from their year highs.
The big dump this morning maybe bought, as has been the case on prior similar days.
How much longer this strategy will work!
The dumb money has contributed to it, spoiled by 3rd year bull run!
A correction is near.
I am betting on it, by the next Fed’s meeting, earlier is most likely.
Put Options are expensive.
Out of the Money Long Put Spread is a way to make some money.
Don’t be too greedy!
As for tnxp, not sure what the path will be, by then. Still on the sideline.
timberwolf7
1 week ago
Don't have a 'clean' buy signal yet, and this may dip some more
before I do. But like the price relative to a conservative target price of
based on the known share count, of around $80-85...
So liking what the chart momentum indicator I use is showing, like the
potential, and yes, know that with 6 months to go, a lot could happen.
But at some point, its LIKELY to meet the listing reqts, and that threat could
go away. An announcement to that effect could be nice (what are they now,
7 days out of the 10 needed?)...
And I suspect that at some point down the road, they will do a forward split to 'make the share' more
affordable and also increase the float to help reduce the volatility and make them available to more folks.
So added 'some' more today, despite my intention to wait for my buy signal to close. But the drop today,
would mean an 7%+ a little return back to $12.. Nice little GIFT IF it does see $12 again..