The underpinnings for future success are now coooked into TLON given their rich pipeline of products in various stages of development. Some of those products like Marquibo could well be blockbusters with similar forward success as investors experienced with Dendreon (DNDN). With a very solid leadership team forming the fundamental foundation for TLON, I expect it to perform in a very satisfying manner over time. I foresee the share price creeping forward as the investment community anticipates a formal approval from the FDA on Marquibo. Once that becomes reality, and I'm 90% to 95% sure it will, this stock will quickly escalate in value. Given its share price under $1.00/share, I now see it as an outstanding bargain among the micro cap bio-techs. That's why I continue to bulk up my position whenever a share price dip presents itself. I'm currently holding 45,000 shares with an average cost of $1.03/share. If you are looking for a "homerun" stock, you don't want to pass up that opportunity with TLON.
Wow, 45K invested on TLON. Good for you. I agree with your analysis. Only hold up I have on loading up more is that it is trading on OTCBB and there is a good chance they might have to do another RS before they can move back to Nasdaq. My personal opinion.
There's no reason not to "load up" cause TLON would not do a reverse split prior to possible approval by FDA. If this is approved it will go far beyond $5.00. Heck we should be about $2.00 in another month in anticipation of acceptance of NDA submission.
I've never allowed a stock to bother me if its listed as OTCBB. I'm strictly a med-tech/bio-tech investor with a long term investment approach and although most of my stocks are NASDAQ lited and fall into the category of micro cap and small cap, I do like to have a couple among the group of 17 that I consider "homerun" type stocks. The other homerun stock that I currently own which is OTCBB listed is CAMH.OB. I currently have 250,000 shares. Some of my best gains over the years have come from such stocks. If you have done your due diligence and have complete conviction in a company and where its headed, that is all that matters. The rest will take care of itself. I have complete conviction that TLON.OB will do extremely well over time. When you couple excellent leadership/management skills with growth potential going forward, you have a formula that will ultimately add up to success for the investor. All the best to you my friend.