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Bullboard - Stock Discussion Forum 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 Discussion

TELESTA THERAPEUTICS INC > Nobody buying
View:
Post by Habland on May 07, 2013 9:40am

Nobody buying

Everyone waiting to see which way financials are going?
Comment by cowdoc447 on May 07, 2013 10:45am
We need a serious move on burn rate or Urocidin or Econiche.  A +16% incr in animal health sales will not move the SP without an accompanying major decrease in burn rate.
Comment by somweyungguy on May 07, 2013 1:14pm
I'd check the volume again. 9M shares traded a couple week ago. The stock rose to .34 The constant excuse of "GRAEME" for a 23M market cap is exhausting. I wonder if the buyers of the 9M shares are tired of the GRAEME story ? LIkely not.......Do we need to review "the list of misfortune" again ? I find posters lack of interest to acknowledge this "list" ...more  
Comment by Frogger2 on May 07, 2013 1:46pm
Agreed, hopefully Mr. McRae can see the logic in what you are saying Beech. He has nothing to be ashamed of, he has come to end of his role in this process, it's now time to pass the helm over to a team that can bring it home. Everyone has strengths and weaknesses, you adjust your team according to where you are now and where you want to get to.  McRae did not do that ...more  
Comment by Nohandledzep on May 07, 2013 3:14pm
Interesting Hypothesis HT... What leaky faucet filled you in on this and how soon did they want it posted?   What you are suggesting, if I read you correctly, is that a group of industry heavy weights (at least relative to Bioniche) doubled their position to 10%+ a week or so ago.   They had access to inside information, they made at least 2 offers for all or part of Bioniche, they were ...more  
Comment by HighteawithIntrepid on May 07, 2013 4:27pm
NZ My logic. The fonds wanted out and took a 20% discount to get out in one block rather then 5,000 shares a pop and risk driving the price down further. Someone with deep pockets bought them.  It was not dimsum  They saw what we can only guess at. They did not deny they bought them when I asked point blank in an email. HT    
Comment by SWNE on May 07, 2013 5:43pm
Whoa, let's back up and take an objective look at what has recently happened, thereby ensuring a complete understanding of our present situation!   You will then become familiar with the intrinsic strategies imparted by both Bioniche and the Biovail Boys.   You will see the differences outlined in their NR's, and if you are good at reading between their lines, you will see the ...more  
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