TapImmune Inc. (OTCMKTS:TPIV) Climbing Since The Beginning Of The Month
[[tagnumber 0]][[tagnumber 1]]TapImmune Inc. (OTCMKTS:TPIV)’s stock has been known to record very positive sessions after good news that ended up with a series of corrections for the ticker. Since the beginning of this month, however, we see that the ticker has been confident in gathering upward momentum.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]One thing that could have contributed for the upward run were the financial results that the company issued in the middle of last month. [[tagnumber 6]]TPIV[[tagnumber 7]] recently reminded us of the report covering the period ended September 30, which contained the following numbers of prime interest in its balance sheet.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $6.08 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $8.84 million[[tagnumber 13]] [[tagnumber 12]]revenues: ZERO[[tagnumber 13]] [[tagnumber 12]]loss from operations: $1.73 million[[tagnumber 13]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Despite the decent cash positions we can’t fail to note that a massive part of the company’s liabilities were in the form of warrants that carried a heavy discount. Those are the same warrants that have been exercised one–by–one in the past months and have provided their owners with cheap shares that might be dumped each time the ticker surges.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Despite the increasing volumes lately we still see [[tagnumber 6]]TPIV [[tagnumber 7]]gathering upward momentum. The first session for the week ended with a 15.88% gain for the company stock. As the ticker went for a close at $0.861 we saw a total of 2.9 million shares change their owners and generate $2.38 million in daily dollar volume, the highest in quite some time.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]And although [[tagnumber 6]]TPIV[[tagnumber 7]] has been doing rather well in today’s session you should still do your due diligence and weigh out all the risks before putting any money on the line.[[tagnumber 2]]