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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 Nohandledzep on May 07, 2013 10:04am
Habland...More than likely no one is buying because there is now a perception that current management will remain in control of the company.   Status quo at Bioniche translates into a complete dearth of  buying pressure and general malaise.   What you are seeing today is Bioniche being Bioniche.
Comment by beechguy on May 07, 2013 11:35am
Here is why nobody is buying:   We are a $500mm company acting like a 23mm one. We are run like a dime store and spend money without a care in the world.  The Econiche and VMC experiment has been an abject failure so far. It needs to be divested and the VMC needs to be sold. We need clarity on this once and for all.   We have an animal division that is cash flwo positive (and ...more  
Comment by HighteawithIntrepid on May 07, 2013 1:34pm
Dear DIMSUM It is my best guess the GW boys et al were under water on their first 5M shares. Then they bought 6.5 M shares for .19 to average down. Then every body that was afraid bailed and a group of believers averaged down. So the fonds left and GW bought in and then said hi, we own more than 5% and we want change. The rest of us are not buying or selling as were at our BNC limit, just sitting& ...more  
Comment by Nohandledzep on May 07, 2013 4:43pm
Well it wouldn't surprise me in the least HT.   If I had access to confidential information I might buy more myself. The same could be said for every shareholder here. Which, if true, adds a certain tinge to the idea of 6% of the company cahnging hands at all time lows.   But if they did, I am happy for them and me. Although, I doubt very much that Bioniche management would want the ...more  
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