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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

Post by beechguyon Dec 22, 2014 2:50pm
268 Views
Post# 23256913

One more thing...

One more thing...Donald Olds (our COO) bought 60k shares a week and a half ago. Apparently he thinks this is undervalued. There is only one reason an insider buys stock on the open market: He thinks the stock is undervalued. At some point we will be halted and Telesta will announce a juicy partnership deal, with likely 30mm to 50mm up front funds. Or a hostile bid. Either way, our stock will gap open and the .20 will be a distant memory. This valuation is ridiculous; a ready for final BLA submission at $33mm market cap is just stupid. 4 x this market cap is still stupid. Eventually the market will take notice, make sure you are ready for it when it does:) Here's to a happy holiday and good things to come in the near term. GLTA Beech
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