TapImmune Inc. (OTCMKTS:TPIV) Goes Further Up
[[tagnumber 0]][[tagnumber 1]]TapImmune Inc. (OTCMKTS:TPIV)’s movement hasn’t been very consistent since the beginning of the year. We saw some serious drops and some impressive surges, followed by periods of going nowhere.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]For the past two months the ticker has been hovering around the $0.20 per share mark and we have seen very few press releases from the company. Even when the numbers for 2014 were revealed we didn’t see much of a reaction from [[tagnumber 6]]TPIV[[tagnumber 7]].[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The most recent advance was also a mystery and it also came with an increase in daily dollar volumes. There were no press releases, no paid promotions, or anything else that can affect the price. Everything ended last week, however, and we saw [[tagnumber 6]]TPIV [[tagnumber 7]]start to hesitate. Some positive numbers contained in their Q1 report that was filed last Friday, however, managed to boost the ticker in the first session of the week.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 17]] [[tagnumber 18]]cash: $1.45 million[[tagnumber 19]] [[tagnumber 18]]current assets: $1.53 million[[tagnumber 19]] [[tagnumber 18]]current liabilities: $3.3 million[[tagnumber 19]] [[tagnumber 18]]revenues: ZERO[[tagnumber 19]] [[tagnumber 18]]net loss: $981 thousand[[tagnumber 19]] [[tagnumber 28]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Although the company is still unable to generate revenues we can see that the cash positions have increased significantly. The liabilities have also gone up, but we see that the net losses are smaller compared to the previous quarter.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Overall, this managed to provide [[tagnumber 6]]TPIV [[tagnumber 7]]with a 15.25% in yesterday’s session and the company stock closed at $0.34. A total of 2.27 million shares changed their owners, generating $738 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The excitement, however, might be short–lived as [[tagnumber 6]]TPIV [[tagnumber 7]]is trading in the red since the beginning of today’s session. Doing your due diligence and weighing out the risks before making any investment choices is crucial.[[tagnumber 2]]