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Same here
Agreed!
I'm already fully loaded but might add more.
Ask is finally thinning out!
It's called profit taking......
This isn't a 'pump and dump'. It's a real company that came out with great news!
Just bought 40K here, dirt cheap shares!
Just bought 3 million shares as a starter. Will consider adding more shares soon.
PTX Rumors of a possible buyout!
A lot of this is probably short covering before Thursday's shareholder meeting. Wouldn't want to be caught short if some good news leaks out.
4,980,700 Shares currently shorted!
They'll have to cover at some point :)
58.70% of float held by Institutions.
Short Interest (Shares Short)
4,980,700
Short Interest Ratio (Days To Cover)
3.8
Short Percent of Float
12.96 %
Short % Increase / Decrease
-8 %
Short Interest (Shares Short) - Prior
5,424,700
Shares Float
38,420,000
Trading Volume - Today
2,295,081
Trading Volume - Average
1,301,000
Trading Volume - Today vs. Average
176.41%
% Owned by Insiders
39.04%
% Owned by Institutions
58.70%
Dang, my 10K shares seem like nothing compared to you! Good Luck! :)
Best guess is between $2.00 - $3.00+ range.
A lot of great DD Pharoah! Thanks!
Very good sign indeed!
Very nice!
Agreed, bought more this morning myself.
I firmly believe they can turn this company around.
Couldn't agree more. Maybe now the company can focus on merger's and/or a buyout.
Maybe they'll consider a buyout with a new CEO.
PTX Overcomes Challenge to Treximet(R) '183 Patent
Pernix Therapeutics Holdings, Inc. PTX, +11.32% a specialty pharmaceutical company, today announced that on May 6, 2016, the Patent Trial and Appeal Board (PTAB) of the United States Patent and Trademark Office (USPTO) denied a petition for inter partes review (IPR) filed by Graybar Pharmaceuticals, LLC (now Gray Square Pharmaceuticals, LLC) against Pozen, Inc. This petition, which was filed on November 12, 2015, sought review of certain claims of U.S. Patent No. 7,332,183 ('183 patent), which expires 2026. The '183 patent is licensed by Pernix and is one of several FDA Orange Book listed patents covering Treximet(R), manufactured and sold by Pernix Therapeutics, (sumatriptan/naproxen sodium), a prescription medication for acute migraine attacks, with or without aura.
The PTAB Ruled: "After considering the Petition and Preliminary Response, we determine that Petitioner has not established a reasonable likelihood of prevailing with respect to any of the challenged claims of the '183 patent. See 35 U.S.C. 314(a). Accordingly, we deny the Petition, and do not institute inter partes review."
"We are pleased with the PTAB's decision to deny Gray Square's petition," said Doug Drysdale, Chairman and CEO of Pernix. "We continue to be confident in the validity of the '183 patent and the other FDA Orange Book listed patents covering Treximet as well as all of our brands."
The '183 patent has resulted in the denial of at least three generic companies gaining market entry until 2026. The validity of the '183 patent has been previously up-held by the Federal Circuit and now the PTAB; further strengthening this patent and reinforcing limited generic entry beyond 2018 and until the '183 patent expires in 2026. As a result, Pernix expects to retain a meaningful market share with its own authorized generic version of Treximet, which it intends to launch via its Macoven subsidiary, in 2018.
Seems like MM's are trying to keep this down. Once they've bought their fill, this should climb back up again.
Bought a couple thousand shares at .63
Good luck to all!
ClayTrader, would love to see a new chart analysis! :)
Thanks!
Very nice.
Awesome news!! Should be great week for FnF!
Bid/Ask .67/.75 right now.
Wishing i had bought more shares Friday. Might have been the last chance to get dirt cheap shares.
A lot of us are long on here. I've been in this for a while. It's starting to look good finally.
If this doesn't boost the PPS then nothing will! Can't wait for Monday morning.
Great work Navy, looking forward to tomorrow! ;)
Very nice, a BUY signal initiated!
Just bought some more shares, should reverse soon IMO.
Hmm, big wall of ask at .008 yet very thin on the bid. We need a defibrillator to revive this unless there's some good news soon.
Guess not, a lot just sold at .0065
And there's AEXG back on the ask dumping shares yet again......
Agreed, i'll definitely scoop some more up if it gets back to the .004-.005 range again.