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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 by User

Bullboard Posts
Comment by thechief9on Jan 09, 2011 11:18am
306 Views
Post# 17945062

RE: Fear and Greed played out with Smoke and Mirro

RE: Fear and Greed played out with Smoke and MirroBail,

I must say you have it well thought out.. I also believe this stock price is being manipulated. Some posters think it's ENDO looking for a cheap buy-out. I'm not sure about that, but I will say that if someone is selling 100,000 shares all or none, then they must own at least 100,000 shares. You're right that  most of the bidders can't, and the ones that can won't buy 100,000 shares all at once, so the seller can now control the price. That's pretty good thinking.

So whoever this is must have thought something good about this stock at some point if they own 100,000 shares and is also not really looking to sell. If they really wanted to sell off, they would take whatever volume they can get at the highest possible bid, For example, I can sell 30% at a higher market price and allow the other 60% to be sold at the diminishing price. Why sell 100% for the diminishing price. Of course they don't. In the end, the 100,000 all or none shares are not purchased or sold, so it doesn't really matter that it was ever put out there in the first place. That would  certainly allow for the end of day "minor dump" that reduces the closing price and puts a feeling of panic in some shareholders.

Having said such, maybe I should sell some of my other stocks and position myself to purchase these large lot all or none shares. That should ruffle a few feathers now wouldn't it.

TC9

Bullboard Posts