the first S-1 was registered 3/8 with a 3/7 pps at $2.35
the second S-1/A was registered 3/20 with a 3/17 pps of $2.05
final registration was for $1.25--a 47% reduction from 3/8 and a 39% from 3/20.
the dip has been to $1 from the $1.25 so a 20% pull back.
to compare, RXII did the same thing, several S-1's filed, around $2/pps, then the final PO at $.90 pps. the stock tanked 20% to $.72, rebounded on pumpy type news (news that really should not have effected the pps), dumped to $.60 then stabilized at the $.75 mark as it approaches catalysts in the next couple of months.
the thought was that RXII could not secure interest without giving a steep discount, maybe the same thing happened here; but the difference being that the CEO of RXII did not buy into the stock like TNDM's, and that RXII CEO has only been purchasing 10k portions on the open market on a trickle while he makes half a million in salary. note that TNDM's CEO purchased 4 year's salary at the $1.25 share offer; i would say that is a steep difference in the vote of confidence.
if there is a 33% pull back from the offer, i will have to ride it out, but i think 20% may be where this one settles, as that $2million dollar purchase by the CEO is an awful lot of sweetener to offset the bitter.
i am a novice trader, as everyday is a new day on the market.
Recent TNDM News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 08:16:51 PM
- Tandem Diabetes Care to Announce Second Quarter 2024 Financial Results on August 1, 2024 • Business Wire • 07/11/2024 08:05:00 PM
- Tandem Mobi Improves Quality of Life for People Living With Type 1 Diabetes in New Data Shared at American Diabetes Association Scientific Sessions • Business Wire • 06/22/2024 03:00:00 PM
- Tandem Diabetes Care Appoints Jean-Claude Kyrillos as Chief Operating Officer • Business Wire • 06/20/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 08:31:22 PM
- Tandem Diabetes Care to Present New Early User Insights on the Tandem Mobi System at the American Diabetes Association’s 84th Scientific Sessions • Business Wire • 06/18/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:10:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:39:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 10:40:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 08:22:30 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 09:00:34 PM
- Tandem Mobi Insulin Pump Now Compatible with Dexcom G7 CGM • Business Wire • 05/29/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:45:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:44:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:44:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:44:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:44:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:43:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:43:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 11:23:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 11:22:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 11:22:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 11:22:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 11:21:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 11:21:30 PM
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