TELESTA THERAPEUTICS INC T.TST

40 cent warrants

[RetailRube]

There are 16.9 million warrants exerciseable at 40 cents which expire Sept 20th.  Likely some warrant holders who exercise will then sell so they can crystalize the profit.  We first closed above 40 cents on Aug 24th  Since then, 16.7 million shares have changed hands.   Therefore, I think the selling related to 40 cent warrant holders may be almost over.

[SWNE]

Rube, what about the 108m shares at $.34? Nothing like a 30+% profit in two weeks.

[simouuun]

Even if they had 300%.. they can't sell before the hold-period (4 months,1  day) is ending.

[1wascallywabbit]

Confirmed correct - they can't sell until the 4 month hold period is up around mid December. Unless they have ways of shorting and then covering somehow behind the scenes?

[SWNE]

Right Wascal, the pp perpetrators will sell their shares on an insured option over the next 5,6 or more months at a profit of slightly less than the market price and gain their profit within a couple of weeks. We all need to realize there are profit makers out there that are fare more savy and connected than us poor slobs. Think FannyMae et al!

[conspiTheory]

September 26 BNCAK: 15,517,241 Unlisted Warrants issued pursuant to a Prospectus. Each warrant is exercisable into 1 Common Share at a price of CDN$0.40 per common share until 5pm (Toronto, Canada time) on September 26, 2015.   BNCAK: 2,172,413 Unlisted Broker Warrants issued pursuant to a Prospectus. Each broker warrant is exercisable into 1 common share at a price of CDN $0.29 per common

[princeofcut]

this is the most important post re. TST price till late Sep...IMO the broker warrants were exercised/sold during the run to +$0.50 and i suspect any institution holding warrants also dumped at that time...IMO the price collapse is just US owners killing the price the stop retail bagholders from exercising... i sold out when TST dropped below $0.50's fully expecting a temporary drop to

[Moochee]

So Prince, when do you think that will be? And how low will the price go prior to that? I'm still in and am thinking of accumulating more at these low price levels - avg is at .43

[princeofcut]

mooch, all the warrants should done by Sep 23 -26...basic price neutral is $0.40..key to short term is how many warrants are held by instittutions who will run price to make $'s when exercise (just like high volume run to $0.54 then collapse back)..if mostly retail price and volume will stay around here as US muscle likely has no interest in helping warrants...but aside from that after that