Post by
Dane_Malcolm on Dec 16, 2015 1:33pm
Waiting game
Been following the TST bullboard for months. Love to see pumpers and bashers out doing their thing but realistically, small or even large price movements on the low volume we are seeing are absolutely meaningless. We are in a holding pattern until the FDA reaches a decision. With the waiving of the application fee and fast-tracked review, I thought it would be a no-brainer approval. Ad-Com kicked me in the teeth!
Bought originally at 27 and added into the adcom. Fortunately, my average cost is around $0.44. Hoping for some good news from the FDA soon but I think Christmas will be a bummer! Good luck everyone. Hoping my next post will be celebratory.
Comment by
blartar on Dec 16, 2015 1:55pm
Dane; I see your from Belleville, can you tell us if there is any action on our VMC plant that we've been trying to sell for the last 2 years. Have you heard anything locally if there has been ANY interest in it. TIA GLTAL
Comment by
Dane_Malcolm on Dec 16, 2015 2:17pm
Unfortunately no. If you are referring to this building it appears that the tenant will be gone in 2018. Not sure if that makes it easier or harder to sell.
Story from Belleville paper
Comment by
blartar on Dec 16, 2015 4:12pm
Thanks for your reply. I didn't think we were leasing the building that we were trying to sell. I thought they were two separate buildings.
Comment by
DamnYankees on Dec 16, 2015 3:12pm
DM, the local and longest affiliated analyst is calling for a 30 cent TP and a hold. Smart money will heed this target and sp ceiling and delay any buying until December management option grants are disclosed. This will be the poorest valued public company to ever receive a yes or no decision from the FDA. Historically poor!
Comment by
KingSarloc on Dec 16, 2015 3:53pm
DY - I emailed you let me know via PM. TST SP is being punished and will continue to be punished until FDA dates near.
Comment by
cheetio on Dec 16, 2015 5:24pm
30 cent TP and hold for the split