It's the 3rd quarter. Any idea when during Q3 they will release tnxp trial data? I don't recall hearing any reference to early, mid, or late. For the ptsd data release, they gave a couple pre announcements as the release got closer.
For the Record, I have been in two stocks like this - KOSP ended up being a 5 bagger for me and MNKD ended up a virtual total loss.
I purchased an additional 1000 shares yesterday on the insider news. My reasoning is the Chief Science Officer buying 100,000 shares tells me the science is solid, no boogeyman in the closet in terms of side effects and supreme confidence in upcoming PIII. The other insider purchases tells me the business strategy is poised for near term gains which tells me they are more likely to sell or partner than they are to raise more capital through more shares.