Torrey Pines Therapeutics (TPTX) | Stock Discussion Forums

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical
Torrey Pines Therapeutics (TPTX)

An SI Board Since December 2006

Posts	SubjectMarks	Bans	Symbol
12	3	0	TPTX

Emcee: Tom Caruthers	Type: Unmoderated

Introduction Market Data Compact

Torrey Pines Therapeutics was formerly a private company focused on CNS disorders and had several promising compounds for migraine and Alzheimer's disease. They did a merger with Axonyx, whose compounds failed for Alzheimer's and was left for dead, trading at a slight premium to cash. TPTX now has swapped out management, did a reverse split, changed the name to Torrey Pines, and essentially bagged Axonyx's clinical platform for their own. TPTX has a Phase II compound for migraine and later chronic pain. They also have a very interesting Alzheimer's platform with an ability to start up Axonyx's old pipeline should it make sense.

No one knows about TPTX. It has a healthy balance sheet and a lot of cash. We've been seeing a good deal of capitulation as old Axonyx shareholders sell and take their losses. However, going into the final weeks of 2006, the stock chart has bottomed out nicely and volume is coming back to the stock. At $6.40, it looks to go sharply higher in the near term.

Don't say I didn't tell you!

Good luck,

Tom C.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
12	TPTX finding some advocates. Rodman and Renshaw upgrading to market outperform.	Tom Caruthers	-	5/17/2007
11	Well it made its significant move, but down. Searching for a bottom. Should fin	Tom Caruthers	-	5/14/2007
10	I reloaded at these levels ($6.80's). Looks to make a significant move soon	Tom Caruthers	-	5/8/2007
9	Some interesting end of the day activity to drive the stock up to $8. Not sure	Tom Caruthers	-	3/16/2007
8	Not a day too soon. I wonder what happened. Volume is not particularly large,	Tom Caruthers	-	2/23/2007
7	Lightened up today. Markets have me a bit on edge. Tom	Tom Caruthers	-	2/22/2007
6	$8.43. $9 will be the true test. Good luck! Tom	Tom Caruthers	-	2/15/2007
5	Expecting a pullback to mid $7.40's on light volume. Volume to the upside h	Tom Caruthers	-	1/27/2007
4	TPTX at $7.75. Again, heavy accumulation. Stock is trading like a pharma partn	Tom Caruthers	-	1/24/2007
3	TPTX at $7.21 and the chart is looking very strong, despite heavy selling in the	Tom Caruthers	-	1/18/2007
2	There you go. Hit a high of $6.91 today. Probably will undergo some consolidat	Tom Caruthers	-	12/22/2006
1	Feel that this is going to jump soon. Good luck! Tom	Tom Caruthers	-	12/20/2006

Go to reply# or date (mm/dd/yy):