Theratechnologies Inc T.TH

Yesterday's big volume on the TSX

[SPCEO1]

I suspect the reason we saw big volume yesterday on the TSX (beating the volume on NASDAQ for the first time in recent memory) is because TH was likely speaking with analysts and portfolio managers in Canada the last couple of days and now is moving to the US via Cantor. Whenever they put out a new corporate presentation, you pretty much know they are starting an analyst/PM tour. 

Given that TH has now sorted out its strategy re: cancer and NASH, an analyst/PM tour makes sense to explain that. Apparently, they got at least one or two Canadian institutions they visited with to buy, which is good. Hopefully, they have even better success in the US. And even more hopefully, they will get the Cantor analyst to pick up coverage on them. If some of Cantor's clients are intrigued by what they hear today, that will certainly increase the odds of Cantor picking up coverage, but those odds are likely still not fantastic.

[palinc2000]

I agree,,,If they are able  in private meetings to convince institutions and brokerage houses ahead of releasing news then as BFW posted yesterday volume comes before price.....Volume breeds volume and price follows volume,,,,,,,Thus far they have not been very successful in selling the story but maybe now the toolbox has  the right tools,,,,If you cant convince investors in private

[qwerty22]

It's almost like they've now remembered to do what they forgot to do for the past 2 years. Having said that though it definitely feels like we are reaching a turning point. You identified the company going through a transition, with all the changes Paul is implimenting it feels almost like a re-structuring. Maybe that's over-stating things. With clarity on the R&D assets and

[Wino115]

Sometimes it takes an outsiders objective view to finally convince a company of the merits and pitfalls of their various business strategies and how they should frame and discuss them broadly and to the market.  PL probably brought some of that along and maybe he needed LSA as the outsider to push it to a new level, which the new pitch surely is.  It could be it was mostly the LSA