Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Bullboard Posts
Post by rhdmdon Mar 11, 2011 1:41pm
235 Views
Post# 18271989

Stock options

Stock optionsThis is totally out of my expertise. I am asking to be educated here:
Do you understand how the stock options work? Where does BNC come upwith the shares to be sold to the people exercising their options? Theycan't just make up shares, can they? As I understand it, once thecompany issues the number of shares, that number is fixed unless thereis a board approval capital drive like the ones recently. So if BNCneed shares for the stock option, they would either buy back some sharefrom the market or use whatever they have in their reserve. That mightexplain why BNC might want to keep the sp down as long as possible sothey can build up that reserve while they are cheap. Once the results become official, theremight be a sharp increase. Perhaps that's why there is this recent flurryof manipulation?

Otherwise, I can't see why the big boys want to spend so much effort to manipulate this stock just for pennies of difference. They have much bigger profits to be made elsewhere.

I might just be paranoid. But I am trying to understand the situation.
Bullboard Posts