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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 > Should be back to 8 cents
View:
Post by vincentmtl on Aug 03, 2016 11:11pm

Should be back to 8 cents

The market has over-reacted to the news issued by management team. After several trading days, share price should be back to 8 cents range because of net cash value.

High tech is high risk, and every investor should know this. But still has potential to get 10 times profit!

For these guys who bought shares above 20 cents should coonsider buy some shares and reduce the average cost.

We have all bad news, and what left? -- only good news. I can't image the forthcoming bad news except the end of world. If this is the case, paper money is useless, even life.

Frustrating market means good opportunity.
Comment by Zhantao on Aug 04, 2016 10:12am
are you kidding me?  
Comment by vega509 on Aug 04, 2016 11:27am
the history of this company says different, each and every time what is considered an overreaction to news, the new low becomes the norm. the latest news shows management has given up on MCNA, has no real direction or prospects, and feels liquidating all assets, paying out their own golden parachutes, and winding down the company would net @ 8 cents per share. with nothing other than cash burn in ...more  
Comment by Zhantao on Aug 04, 2016 11:39am
And some may argue that even 4-5 cents is overpriced..  Telesta gave up on MCNA and therefore has no real purpose of operating, in my opinion.  This isn't worth more than half a penny to a penny
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