Jon,
The ONLY way a retail investor can make money from PHIO shares is to get the following timing perfectly:
Buy shares after the latest reverse split / dilution (which has already been done many, many times), but before some major announcement that will send the share price zooming.
What are your chances of doing this? Somewhere between slim and none. Consider PHIO's long-term price chart, or their years-long failure to produce a successful product, or maybe the reason why they changed their name from RXI Pharmaceuticals (hint: it was to escape the stink of failure and loss of credibility).
PHIO is pick-your-number years away from Phase 1 testing. In the meantime, near-anuual reverse split / dilutions will occur to the severe detriment of shareholders. Fact.
No, I'm not some imaginary nefarious short. I'm just a long-term bag holder.
And, btw, do not bother reading anything from Zacks - it's just an automated news feed worth exactly what you paid for (ie, zero).
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