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Bullboard - Stock Discussion Forum Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs... see more

TSX:TH - Post Discussion

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Post by canadapiet on Jul 20, 2023 8:23am

RIP

Reverse split....................
Comment by Trogarzon on Jul 20, 2023 8:29am
Having to resort to this is a shame and it's on the back of a badly executed pause.  Badly because a pause in somthing worthless should'nt cost you half of your market value in the first place.  Everything they do is executed like if the companies communication was runned by mentally challenged people.
Comment by Trogarzon on Jul 20, 2023 8:34am
Now I like the Neutral mention for shareholders.  I understand this perfectly but psychology 101 and history  tells me it opens up the door to more downside.  Prove me wrong Th's BOD... They are probably preparing their excuses for the next meeting.  
Comment by muslix1 on Jul 20, 2023 8:46am
it will be death money fof long time
Comment by canadapiet on Jul 20, 2023 8:47am
This Great Management will dilute again so they can keep the "shop" open and have their monthly dollars for another few years!!!!  Existing shareholders are ruined......... Disgusting!!! 
Comment by PWIB123 on Jul 20, 2023 9:42am
It should be neutral.  I've never had the experience of it being neutral.  Another negative press release.  Interesting they only did a 4:1.  Keeping it out of reach for big boys.  Probably a good strategy for now.  I don't pay quite as close attention anymore, but I think I've seen a couple of notices haulting shorting of THTX.  
Comment by mikeq113 on Jul 20, 2023 9:49am
It's typically a pretty bearish indicator. You can find positive examples of a reverse stock split working a la Citigroup, but in the context of THTX so far it's definitely a bearish sign. It certainly doesn't provide any real reassurance that they think the stock price will be meaningfully higher before they potentially could be delisted. The only way this works well for them is if ...more  
Comment by Trogarzon on Jul 20, 2023 10:10am
This means Cantor's target will now be 36usd.... lol
Comment by Trogarzon on Jul 20, 2023 10:35am
Happy now overthere... one again you had your way... happy now...
Comment by Mannequin on Jul 20, 2023 9:03am
The trial pause and subsequent silence for the months after the pause created a significantly much larger market cap drop that what was warranted. Reason it stayed and got worse was lack of initiatives in keeping the market in the loop.  Let's see going forward.    
Comment by Trogarzon on Jul 20, 2023 9:07am
Do we have a choice thank's to these mor..s at less than one time sales... Jesus.....
Comment by Trogarzon on Jul 20, 2023 9:10am
Can't wait to see what kind of support we get from those US based shareholders for whom this measure was taken to keep happy. 
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