RE:RE:ExcellentI feel for Stephen as all you guys who are also long term holder. We have sat by watching this crappy mangement team do nothing except waste our time with promises and not excuting. Now they have the audacity to dilute us by NOT 5, 10 or 15% but 30%!!! ARE YOU SERIOUS? 30% DILUTION?!
My hope is that after the dust settles, they will actaully use this money to increase the SP. I am okay with dilution if that means the market cap turns to a $5 Billion company. They JUST need to make sure they dont just squander the money and we will be in a worst situation than we are now.
SPECO- I want you on the next conference call to relay how upset us long-term investors are at this point. Our morale is low. They blindsighted us. They have not excuted. Their compensation package is exobant compared to their performance. They need to work for us..investors. We will walk away if this SH*T continues.
realitycheck4u wrote: Stephen
Calm down. The company needed the cash to execute, and as this board knows, it kept saying 'do this, do that', test here, research there. That takes cash. They were running out, and risking the entire company is simply stupid. So they could not put their foot to the floor and hire more bodies and take more one - yet everyone here was complaining to go faster, better web site, more presentations, more tests...more indications, more research, more partnering, more etc.
You need cash in the bank for YEARS to be taken seriously. They did not, and they had debt coming due - with no cash runway. Could they have done deal later. A bit. And, they could also have raised less. But, we do not know the full story, nor will we ever. Are their insiders in this play today?? Absolutely. Belucky there are insiders playing today. Because now they are invested.
So sit down. Plan your new home. Becuase this is on its way.
CreatingApe wrote: Just when years of patience seems like it is going to start paying off... the share price was going to continue an upward trend for weeks/months! They gave it three days before smothering the momentum (once again) and my faith in this company. Wish i had never heard of f***** therf.. my money being trapped in this investment has literally changed the course of my life over the past years. But even through the pain of watching it diminish in value for months on end, I kept faith that management was sound and mostly honest, with everyones best interests in mind. I stayed optomistic the entire time, and focused on the great opportunities the future held for the company and us shareholders. Now, I feel like a f***** fool. This deal really feels like some insider B.S. Where some people close to the company are making off like bandits at our expense.
Anyone, please feel free to give me a good reason to not dump this at the next decent opportunity (almost definitely at a significant loss, after having half of my capital tied up for 4 years during a bull market) I am 30 years old and this was my first big investment. I had done well day trading but I invested in theratechnologies as a long term investment in a company I believed in. And now, for me, the belief is out the window.
I should have bought land and built a home. I had the money to do it. Maybe I am overracting, but this deal just smells like corrupt bullsh***. Wish I could take back my money and the last 4 years of my life.
Go f*** yourselves Theratechnologies.
Sincerely, Stephen