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TNXP - Tonix

Posted on 12/17/24 at 9:41 am
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3490 posts
Posted on 12/17/24 at 9:41 am
Can anyone tell me about this stock ? Briefly looking they appear to have a breakthrough fibromyalgia drug

TIA
Posted by RadRob
Acadiana
Member since Oct 2021
158 posts
Posted on 12/17/24 at 9:58 am to
A few posts from Reddit.
SomewhatDamgd•1h ago•

People are assuming that an FDA NDA acceptance is the same as an FDA approval. It's not. What TNXP announced today is that thair NDA (New Drug Application) has been accepted. That simply means that the FDA has agreed to review the drug, then will either approve or reject it.

Ill_Treacle644•1h ago•

It's not an approval its a review. This is why I love TNXP any little news story they let out will jump it 3x. But the value is constantly dropping on it so you can't just hold it. You have to catch the spike and then get out.

Reddit
Posted by M3RC
Member since Sep 2024
51 posts
Posted on 12/17/24 at 10:02 am to
Dilutive penny stock, the chart tells all you need to know. They will pump the price, and then do an offering as they have done who knows how many times.

When you look back and see the stock price used to be 68608000 that means stay away unless you know what you are doing day trading.
Posted by el Gaucho
He/They
Member since Dec 2010
56898 posts
Posted on 12/17/24 at 10:16 am to
My cousin has fibromyalgia and he was accepted into their clinical trial
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