Exchange: NASDAQ·Updated 07:30 PM EDT
TENX logo

TENX Tenax Therapeutics Inc

$1.86
$0.01
(0.54%)
Today
Closed $1.87
$0.0095
(0.51%)
After Hours
Mkt Cap$69.61M
Vol2.35M

About TENX

Tenax Therapeutics, Inc. is a pharmaceutical company engaged in the development and commercialization of products for cardiovascular and pulmonary diseases. The company was founded on May 26, 1967 and is headquartered in Chapel Hill, NC.
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Bearish Sentiment

How do you feel about TENX?

OrangeJoolius
$TENX They are going to condition you all to sell every pop expecting it to come back down, but then one day it won't come back down and you'll be left watching this moon, while you watch.
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OrangeJoolius
$TENX Loaded more today. I add every down day. ADAR bought $1.79 and owns 15% I'm comfortable having an average slightly higher than them. Type C meeting still coming, I still know what I own. Continue to flip for beer money if that suits you. I'll post my six figure gains when the day comes. All analysts agree this is a 10-20x'er.
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TheGreekWizard
$TENX What we confirmed • Oral levosimendan is safe and well-tolerated , with 1mg BID/TID providing PK concentrations expected • Targeting volume with K-ATP channel activation has direct effects on NT-proBNP and RVSP, two prespecified endpoints • Treatment effect seen in HELP study validated • Successful trial execution by sites and clinical development team ——-> What we learned • Drug effect is evident in patients with higher disease burden • Study entry criteria allowed patients with moderate disease and little room to improve in 6MWD • In patients with baseline 6MWD* < 333 m, treatment effect was +26.3 m vs placebo (95% Cl: 6.0, 46.7; nominal p = 0.112) • In the overall population NT-pro-BNP was reduced by 49% vs placebo (nominal p < 0.0001) ——-> What we are doing now Enriching LEVEL-2
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TribalSublime
$TENX I suppose 3 insiders buying last month was good news and they know something... just a waiting game
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dorpsgek
$TENX A hint from their last presentation: “We know the FDA likes sensible enrichment, and to date, there have been no concerns.”
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peterb030
$TENX An honest company with a clear, transparent story and a rock-solid floor at 1.78. This stock doesn't move with the daily fluctuations; it is waiting for news to rocket up to half of its former levels.
11
focafoca99
$TENX paused enrollment in its LEVEL-2 HFpEF trial as it amends criteria and seeks an FDA Type C meeting.
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biospeculator
$TENX Previously sold at approx. $14 as per my prior posts due to valuation and management issues. Rebought my shares at this level due to upside is now 10x to 30x imo. Drug works but management did terrible job with trial design. I believe they get it right this time. Similar to KOD imo which went thru a similar path. I am long SLS, AGMB and now TENX. GLTA
10
TheGreekWizard
$TENX Well… I’ve put over 180,000 new viewers on the stock this week on Reddit alone. Slowly it will wake up, then it will get crazy soon in here. All we need is one good PR and we’re off to the races. Staying patient as and as calm as a cucumber. Thankful be be alive and healthy today on September 11th, we remember all the victims lost on that fateful day. 🫡 🙏🏼
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sidhero
$TENX What I’m watching $2.00 is the big psychological level. If TENX holds around $2 and buyers return, I would expect another attempt at $2.16–$2.22, which is today’s/previous resistance area. A convincing break above $2.22 would make $2.40–$2.50 the next interesting zone. TENX previously reached $2.43 on August 25, so that area has some technical significance.
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dorpsgek
$TENX As per Sec.; Tenax says LEVEL-2 is already running, but the baseline-6MWD moving forward is capped. Meaning they do not necessarily wait for the Type C meeting to enrich the existing research. LEVEL data → enrichment hypothesis → adjust existing LEVEL-2 → FDA Type C → final registration plan
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BluntForceOptions
$TENX Notable cluster of open-market insider buying recently landed across SEC filings. To be clear... all three transactions are Code P cash buys in the open market--no option exercises, no RSUs, and no automated 10b5-1 plans. • CEO Christopher Giordano: Bought 10,850 shares between $1.82–$1.88 ($20.1K outlay), doubling his direct stake to 22,174 shares. • CFO Thomas Staab II: Bought 5,675 shares @ $1.935 ($11.0K outlay), increasing his direct stake by +57% to 15,675 shares. • Director Declan Doogan: Stepped up with 53,000 shares @ $1.92 ($101.8K outlay), expanding his direct ownership by +2,330% to 55,274 shares. Insiders sell for many reasons, but they only buy on the open market with their own cash for one. IMO, seeing the CEO, CFO, and a Director simultaneously step up and commit personal capital right in the $1.82–$1.94 zone is a clear vote of confidence. Position: Long common equity. NFA.
8
anderbear
$TENX I'm glad the Monopoly Man is gone. This stock doesn't need a promoter obsessively pumping it every five minutes. I'd honestly be happy if he went and touched some grass, but I guess he's busy pumping some other penny stock now haha. As for the stock itself, it just needs a little time. Anyone who actually did their DD knows there are several catalysts on the way.
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dorpsgek
$TENX If LEVEL-2 is successful and FDA approval eventually follows, Tenax estimates 1,5B peak sales. You do the math
7
Ferrariboyy
$TENX this will jump by the dollars once we get approval and good news, there is no letting investors gradually buy in while it’s climbing , it’s either you hold and load up at the bottom or you miss the big bounce up when you least expect it and miss out
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Steve_Lattimer
$TENX Type C Meeting is still insanely bullish at these levels. This is a lottery ticket.
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OrangeJoolius
$TENX Great institutional ownership, great cash position, no dilution risk or split risk. Type C meeting coming for a salvageable phase 3. Know what you own or sell me your cheap shares. I'm willing to hold for a few weeks if need be. No crying in the casino.
7
peterb030
$TENX nervous people, sit on your hands and wait... the results dont lie. Yesterdays profit almost gone, tommorow another day
7
gapureau
$TENX For my fellow investor/traders that also invest in Biopharma/Medical technology stocks and always waiting for FDA news/updates. Might do some DD on this one that has been cooking for a long time and just got Huge FDA news in regard to their Portable (ECG) device. I bought more earlier this morning but not telling you to but the DD is impressive. $BEAT (HeartBeam Inc.). $ONCO
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User123321
$TENX Likely closed $1.98 and likely goes a little lower than that. Was the news overwhelmingly good yesterday? Did the CEO set any expectations on timing? I may have missed it but didn’t hear it. Good luck longs.
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