Yes, great news, but then they dump shares right after...this is problem when companies get a rep for dumping after good news...traders hesitant...looks great here, but can they keep from dumping shares:
BRIEF-Tonix Pharmaceuticals Announces Pricing Of Approximately $4.0 Million Public Offering
Reuters 08:59:29 AM ET, 06/27/2024
Tonix Pharmaceuticals Gets FDA Nod to Proceed With New Drug Application for Tonmya in Fibromyalgia
08:33:52 AM ET, 07/08/2024 - MT Newswires
Tonix Pharmaceuticals Plans Stock Offering; Shares Fall After-Hours
MT Newswires 05:18:35 PM ET, 07/08/2024
Tonix Pharmaceuticals Signs Deal with US Defense Department to Develop Antiviral Drugs
11:52:38 AM ET, 07/24/2024 - MT Newswires
Now traders hesitant & with price not moving with the volumes today/yesterday (10% is decent, but should be 100% on that news imo), have to think shorts know the drill...JMHO