Seeking Alpha

Joe Springer's  Instablog

Joe Springer
Send Message
We love the royal "we". Email to be added to our free newsletter. Check out our record picking stocks: Please follow us on Twitter and subscribe to our Youtube channel:... More
  • Seattle Super-Tonix  53 comments
    Jan 14, 2014 10:24 AM | about stocks: TNXP

    Tonix announced in an 8k that warrants have been exercised and that the new share count is 6.4 million. These are the warrants that we have known about, and the reason that we have been using the number of 10 million fully diluted shares.

    These warrants have a lot of time value, the same as a call option with years until expiry. From that point of view it would not make sense to exercise them, they should be sold to someone else for the intrinsic value and the time value. They are not publicly traded, but these are large lots and there would be obvious interest.

    Ah, *but*, what if one believes that Tonix will get its partnership after October's phase 2b (or not to be) trial, and wants to ring the register at that point? Well, then one had better convert to the common stock now, lest one pay a short-term capital gain.

    Meantime these warrants were going to be exercised sooner or later, and now there are millions more cash dollars on the balance sheet.

    Also, we are proud of our Tonix blog titles, but need more ideas, please suggest.

    Disclosure: I am long TNXP, .

    Stocks: TNXP
Back To Joe Springer's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (53)
Track new comments
  • gin and tonix? :)
    14 Jan, 10:35 AM Reply Like
  • Author’s reply » I did that one! To review:


    Gin and Tonix
    Hooked on Tonix
    Seattle Super-Tonix
    14 Jan, 10:37 AM Reply Like
  • A Tonix for What Ails Ya
    Elec-Tonix Arts
    Won-Tonix Soup
    Tonix Boom


    If I think of more I'll come back .. :)
    14 Jan, 11:05 AM Reply Like
  • Author’s reply » Now we're talking! Nice work my friend.


    This is how you make money.
    14 Jan, 11:07 AM Reply Like
  • Thanks Joe - I would like to suggest you take a look at $CGIX. Strong management and major inroads with top tier oncology and biotech companies. Long CGIX
    14 Jan, 10:38 AM Reply Like
  • Author’s reply » I'll have a look mmrpm..
    14 Jan, 11:36 AM Reply Like
  • Author’s reply » Well, the Chairman's name is John Pappajohn, so management gets an A+:

    14 Jan, 11:56 AM Reply Like
  • Author’s reply » They made money in Q3 2012 but not 2013. Revenues were up but it turned out to cost money.


    One question with this company is why not sell its products to big pharma if they are that good, rather than make a vast sales force on the fly. Big pharma is dying for patented products, I don't see how it makes sense to try to create what they already have (vast sales force) instead of selling.
    14 Jan, 12:05 PM Reply Like
  • Step 1 Management - check
    Step 2 Revenues - Hospital partnerships check. New sales team to Big Pharma - December 19 hiring of Christopher Mitton as Director of National Account Development and Sales Operations to do just that.
    14 Jan, 12:06 PM Reply Like
  • Author’s reply » It is interesting...
    14 Jan, 12:32 PM Reply Like
  • Thanks for your reviews, insights, and contributions on SA. I need all the help I can get as a relative newbie in high risk/reward potential. Reading your articles have taught me a lot and how much more I have to learn.
    14 Jan, 01:28 PM Reply Like
  • I'm long the stock, but this morning it looks like Titonix taking on water fast.
    14 Jan, 10:40 AM Reply Like
  • Hi Joe, do you know the exercise price of the warrants?
    14 Jan, 10:49 AM Reply Like
  • Author’s reply » $4.25
    14 Jan, 10:57 AM Reply Like
  • I loved your picks but wanted to know/understand why the stock is down today ?


    What is your take on AMBS?
    14 Jan, 10:53 AM Reply Like
  • Author’s reply » I think the stock is down in reaction to the 8k, and also because of profit-taking, it had run so much. Note that Tonix was not down on the days that the warrants were exercised, just today on the news of it.
    14 Jan, 10:59 AM Reply Like
  • Author’s reply » I don't know it, but I guess they got good news today. Check out Jason Napodano's take:

    14 Jan, 11:35 AM Reply Like
  • Hey Joe,


    If you're looking for new ideas, you can take a look at RVUE, see IPI's comments here :



    14 Jan, 11:04 AM Reply Like
  • Author’s reply » Titus, I just had a look at RVUE, and it was actually not as horrendous as I was expecting. But they are just plain hemorrhaging money, spending almost $2 million a year, meanwhile their revenue is less than $1 million a year, and not growing that I can tell. I did not look at their products and services so maybe there is something good in there, but they better start selling it quick. Last month they tried to raise $1.2 million but only got $900k. They ended Q3 with only $80,000 cash. They will go bankrupt if they don't start making money very soon.
    14 Jan, 11:31 AM Reply Like
  • ok, starting from yesterday's close at 18.65 and computing the dilution of 625k shares at 4.25... it comes out 17.25 $/share.
    The more down is profit taking
    14 Jan, 11:13 AM Reply Like
  • i was meaning "additional down"
    14 Jan, 11:15 AM Reply Like
  • Very similar reaction we had when the stock hit 10. Although I think 20 is a much larger resistance barrier. Its just such a nice round number.. Tonix sure does move at Tonix speed;)
    14 Jan, 11:16 AM Reply Like
  • Dr. Dre's The Tonix.(...or insert other dr. Name)


    The porfolios saving Tonix for the everyday investor


    Bluebonic Tonix


    Tonix the Viagra for your portfolio (don't forget a disclaimer....if your portfolio or position grows over 300% this is not dangerous write and consult people on seeking alpha....side affects include financial freedom and a more satisfying love life) past performance is not indicative of future results in regards to love life


    Good Night
    14 Jan, 11:18 AM Reply Like
  • Lol!! Awesome..
    14 Jan, 11:23 AM Reply Like
  • Tonix the hedgehog
    Marvel Tonix Books
    Plate TecTonix
    PlaTonix friendship
    14 Jan, 11:44 AM Reply Like
  • Tonix the Hedgehog? I know… it's a stretch...
    14 Jan, 11:49 AM Reply Like
  • Hooked on Tonix !
    14 Jan, 12:20 PM Reply Like
  • Tonix-saurus Rex
    14 Jan, 12:36 PM Reply Like
  • PVCT and MNKD. I don't understand the FDA putting the ADCOM 2 weeks before the decision with MNKD. With PVCT, I thought they were supposed to have word from the December review soon, but I am not sure what share price would be with positive news. Even if it's just used on melanoma or tumor patients, it looks like the sky is the limit.
    14 Jan, 01:10 PM Reply Like
  • PVCT?
    14 Jan, 02:34 PM Reply Like
  • Author’s reply » I have not really looked into PVCT, but it already took off..
    14 Jan, 02:44 PM Reply Like
  • It was interesting, treating tumors and melanoma with a molecule that is attracted to cancer cells:

    14 Jan, 06:24 PM Reply Like
  • Keep an eye on PVCT Tuesday 1/15/2014.
    I'm loaded on PVCT, very interesting bio and oncology is huge and in demand from big pharma.
    15 Jan, 01:18 AM Reply Like
  • Todays $TNXP $3 dip... Tonix Moronics
    14 Jan, 02:43 PM Reply Like
  • Seattle Supertonix............
    14 Jan, 03:19 PM Reply Like
  • Tonix Economix.. the Cure For Your Portfolio
    14 Jan, 03:29 PM Reply Like
  • I bought a little more at 17.10. I had an order left there and didn't see the rollercoaster till this afternoon.
    14 Jan, 03:52 PM Reply Like
  • How bad do we want to go with these titles? I'll just shoehorn these ones in:
    Harry Tonix Jr


    Sorry, those are imbued with a good dose of sartonix.


    Have a look at PRAN if you get time, thanks Joe.
    14 Jan, 03:55 PM Reply Like
  • Spotted the "Harry" tweet yesterday and had a chuckle.
    Have you had a chance to check PRAN since I posted?
    Green 11 days in a row.
    Good gains since posting... would be great to get your take on it too.


    29 Jan, 07:30 PM Reply Like
  • Hi Joe,
    I've signed up for your newsletter via the google email address you've posted in your profile, but have not had any mail come in from that something that is scheduled or when you have time you send...? I'll definitely be reading any info you care to share!
    14 Jan, 08:58 PM Reply Like
  • Same here.
    15 Jan, 12:07 AM Reply Like
  • I signed up for the newsletter too and haven't received anything yet either.
    14 Jan, 09:39 PM Reply Like
  • Why isn't Joe sending out a newsletter every hour? What's the matter with him?
    14 Jan, 09:59 PM Reply Like
  • Super Tonix Boom
    14 Jan, 09:50 PM Reply Like
  • Joe does not send out a newsletter weekly, daily, or monthly. When he has something of import to convey... he will send it... and you will get it. Patience friends. well thought out communications take time.
    14 Jan, 10:09 PM Reply Like
  • Author’s reply » Thank you Dennis! I am trying to get some things together this year so maybe I'll send one out more regularly in the future.


    Also, Harry Tonix Jr. is soooooooo funny! Well done f3tt!
    15 Jan, 02:49 AM Reply Like
  • Ha, you might also like Tonix the Tank Engine.
    Though, looks like he's taking a little breather after the uphill climb.
    15 Jan, 08:45 PM Reply Like
  • tonix has hit a ceiling for now it seems
    15 Jan, 04:13 PM Reply Like
  • Lately:


    Tonix Histrionics!
    15 Jan, 09:25 PM Reply Like
  • Hey joe great job so far! Check out this stock $TNXP i bought @2.4 it's a company with a lot of potential worth a look.
    15 Jan, 09:34 PM Reply Like
  • Ultra-tonix
    Atonix energy


    I miss the Supersonics! I remember playing as Shawn Kemp in NBA Jam.
    16 Jan, 06:13 PM Reply Like
  • Lol.. That was an awesome game red bull..
    16 Jan, 06:20 PM Reply Like
  • Tonix - Boomshakalaka! Courtesy of NBA Jam

    16 Jan, 06:44 PM Reply Like
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
  1. I Am You See (101 Comments)
  2. Hooked On Tonix (64 Comments)
  3. Seattle Super-Tonix (53 Comments)
  4. U2 (45 Comments)
  5. IMUC Wrap-Up (29 Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.