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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 > Why does this stock keepy going up and down 0.5-1 cent?
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Post by kizzlmanguy on Mar 08, 2016 10:49am

Why does this stock keepy going up and down 0.5-1 cent?

I don't get it, news hasn't been released yet of where this company is going from here on out. Shouldn't the price stay the same and then go up or down after news or statements come out?
Comment by DamnYankees on Mar 08, 2016 11:57am
Kizzle, you hit the nail on the head. Until there is news the stock should trade at a 40% discount to cash with its Phase 3 asset valued at $0.00. Once the news comes out that confirms the remaining cash is at 9.5 cents Cdn per share the share price should then move to 5 cents. In case you are wondering, the Lost series marathon for  employees (excluding manufacturing, who now work from home) ...more  
Comment by specul8tor on Mar 08, 2016 12:24pm
It won't be long before we can kiss goodbye to the double digits.We're almost there now,perhaps even today....
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