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Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs in HIV, nonalcoholic steatohepatitis (NASH) and oncology. Its medicines include Trogarzo and EGRIFTA SV (tesamorelin for injection). Trogarzo (ibalizumab-uiyk) injection is a long-acting monoclonal antibody which binds to domain 2 of the CD4 T cell receptors. It blocks viral entry into host cells while preserving normal immunologic function. The Company is also investigating an intramuscular method of administration of Trogarzo. EGRIFTA SV (tesamorelin for injection) is approved in the United States for the reduction of excess abdominal fat in people with HIV who have lipodystrophy.


TSX:TH - Post by User

Comment by SPCEO1on Nov 19, 2020 11:20am
134 Views
Post# 31932892

RE:Insider stopped buying ?

RE:Insider stopped buying ?It is clear to me that insiders have not been the only one's buying lately. Far more shares have traded than just what the insiders purchased. I suspect algo's buying the shares after the AASLD presentation and maybe some algo's that buy stocks insiders are buying may have been part of the recent uptick in volume. If so, that might explain the drop off in volume today. Another thing that likely helped is money flowing into small cap ETF's in which TH and THTX are constituents. That rotation from large cap tech stocks to value and small cap likely caused some buying in TH's shares. Given the tiny weight TH and THTX likely have in such ETF's the buying would not likely be significant, but in the absence of sellers, it can move the stock.

THTX was up 30% from its 10/29 lows at the high yesterday. It has had a nice move off that bottom but it sure has a long way to go before it gets the respect we think it deserves.

Adonis wrote: as usual .. the insiders stopped buying the volume back to the low, and the SP down ..


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