Bargain Hunters Take Note: Insider Cluster-Buying At TNXP
August 17, 2020 at 11:27 AM EDT
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At Tonix Pharmaceuticals Holding Corp (TNXP), 4 different insiders purchased 79,850 shares at an average price of $0.92/share, for a total of $73,499, with the most recent purchase on August 13, 2020.