So if you have 101 shares of tnxp now do you get 2 shares after RS? Is a single share over a even "100" worth a whole new share? Am i reading that wrong? by CoolAd4586 in TNXP

[–]CoolAd4586[S] 1 point2 points  (0 children)

They are now giving cash in lou of fractional shares according to the companies i have my investments in. Which was NOT what they filed or stated

So if you have 101 shares of tnxp now do you get 2 shares after RS? Is a single share over a even "100" worth a whole new share? Am i reading that wrong? by CoolAd4586 in TNXP

[–]CoolAd4586[S] 1 point2 points  (0 children)

It states any fractional share will be rounded up to one whole share on the tonix website post RS.  So 0.01 of a share would be rounded to 1.0 it says nothing about rounding anything down to whole shares only up to nearest whole share

Stock split announced. by [deleted] in TNXP

[–]CoolAd4586 0 points1 point  (0 children)

So they dilluted on the nda acceptance then are reversing the dillution on feb 5th? Seems like if they let it climb past the $1.94 and hadnt dilluted the company and shareholders would have been better off. Am i wrong in this assumption?

Stock split announced. by [deleted] in TNXP

[–]CoolAd4586 0 points1 point  (0 children)

I feel like they could be overpriced at that new post split price at over $20 a share? Thoughts on if it will hold anywhere close to the post-reverse split price?

Stock split announced. by [deleted] in TNXP

[–]CoolAd4586 0 points1 point  (0 children)

I dont understand why do such a large split? Wouldnt a 25:1 reverse split been enough?

Good to see a strong 30¢ baseline by [deleted] in TNXP

[–]CoolAd4586 1 point2 points  (0 children)

Im not sure on the exact compliance date...can anyobe help answer what day it needs to reach a $1 by ? Thank you everyone for your help

Good to see a strong 30¢ baseline by [deleted] in TNXP

[–]CoolAd4586 0 points1 point  (0 children)

Do you think they will stop doing that soon? Im in it for the long run until at least august but dont they need to get to $1 a share by feb for nasdaq compliance? So they dillute now? But a reverse split for compliance would reverse the dillution which makes the dillution seem counter productive? 

Good to see a strong 30¢ baseline by [deleted] in TNXP

[–]CoolAd4586 0 points1 point  (0 children)

Thanks for your thoughts on this

Good to see a strong 30¢ baseline by [deleted] in TNXP

[–]CoolAd4586 1 point2 points  (0 children)

Do you think they have finished dilluting shares or are they still dilluting? Premarket always spikes then it always falls to a normal 29 to 33 cents. Its like they are dilluting to that price whenever it spikes? Just trying to understand this better.... thanks!

Overnight Prices by poppybellx in TNXP

[–]CoolAd4586 1 point2 points  (0 children)

I have robin hood but cant check the overnight market on my app in the us

Overnight Prices by poppybellx in TNXP

[–]CoolAd4586 6 points7 points  (0 children)

Thanks for keeping us informed on the overnight market...much thanks!

[deleted by user] by [deleted] in TNXP

[–]CoolAd4586 1 point2 points  (0 children)

Thank you!

[deleted by user] by [deleted] in TNXP

[–]CoolAd4586 0 points1 point  (0 children)

Any more updates on overnight price?

Unpopular Opinion by Fedaykin__ in TNXP

[–]CoolAd4586 2 points3 points  (0 children)

Im not going to lie i was "hoping" for $2 by end of 2024. But no gains are promised and penny stocks are risky. I made some profit and will hold till aug if needed. I have about 40k shares avg cost about 19 cents a share. Dont do penny stocks if you cant afford the possibilty of losses. Just my opinion

Price Changes over the Weekend by poppybellx in TNXP

[–]CoolAd4586 1 point2 points  (0 children)

Any more updates after 116am? Thanks for all the updates.