RE:RE:RE:RE:Valeant Drug Sale... Just Down the Streetquicksilver545 wrote: Yes, it really is a shame that some have lost so much.. Reading through the documents, it seems to me management actually didn't do a terrible job, the stock was really just hammered due to not getting the FDA approval all were hoping for...
Nonetheless, it still has significant cash reserves with litle debt. With some activist investing, we may be able to push management in the right direction. It would be good to know what the insider ownership is on this thing.
Anyone know?
Just less than one year ago, TST closed 28 million US dollars private placement. Hom much money lost for them? Almost 30 million Canadian dollars since then.
I think CEO of TST would step down soon. Big shareholders will not torelate the project failure.