TNXP Trend Reversal
After months of nothing but sadness...TNXP showed up with some hope.
Positive Phase 1 Trial for their Depression Drug
The best Earnings Surprise (30%) that they have had to date. How did they pull that off?
There is something positive that generated that unaccounted for % increase...THAT WE DO NOT KNOW ABOUT YET!
The estimates on this stock were getting narrower and narrower. WS seemed to have a pretty good handle on what they would be bringing in.
But there is an UNACCOUNTED FOR ....20%
This stock is also one of those Russell-Runners...it will be hot till Mid-Feb. Last year it went up to 2.12 from about the same place we are now.
Do you know what date that increase started? Nov 9...the day they released their first positive earnings report in 4 months (sound familiar?)
Set you a stop-loss @ .55 and run with me!
Positive Phase 1 Trial for their Depression Drug
The best Earnings Surprise (30%) that they have had to date. How did they pull that off?
There is something positive that generated that unaccounted for % increase...THAT WE DO NOT KNOW ABOUT YET!
The estimates on this stock were getting narrower and narrower. WS seemed to have a pretty good handle on what they would be bringing in.
But there is an UNACCOUNTED FOR ....20%
This stock is also one of those Russell-Runners...it will be hot till Mid-Feb. Last year it went up to 2.12 from about the same place we are now.
Do you know what date that increase started? Nov 9...the day they released their first positive earnings report in 4 months (sound familiar?)
Set you a stop-loss @ .55 and run with me!
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