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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

Post by ragingbull1234on Jan 19, 2016 4:20pm
88 Views
Post# 24473794

Why not put the option of shorting on the table?????

Why not put the option of shorting on the table?????Who is going to bet that this stock will go lower from here at this price?    No one.   if someone could short the entire float, you can net a measly $100 million.     You mean to tell me these people (on all sides) went through this for that amount of money (plus any millions of pesos they've been able to trade in the interim)?    Again.  No one.   When they set the MAX GAIN at $110 million Canadian, you can safely bet all the tea in China that the answer will not be no.   It's common sense.   If this company was worth $400 million, you would have at least a REASONABLE decision to make on which way you think it will go.   The bet would be tougher.    But to imagine 300 million shares all trying to liquidate at these prices is just plain stupidity.    It will never happen.   Since there hasn't been any meaningful trading volume in , let's say.....ever, I'd say it's pretty safe.   If the dump that you people called back at AdCom was a dump, you'd have seen 200 million shares simply given away.   Hmmm.   Maybe that's the problem.   You didn't know that wasn't a dump, so now you still guess as to which way it's going to go.    Hmmmm.   What else don't you know?
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