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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


TSXV:TLT - Post by User

Comment by Scorpio2on Jul 26, 2022 11:07pm
342 Views
Post# 34852824

RE:RE:Very few sellers of TLT stock

RE:RE:Very few sellers of TLT stock Shorters know that at some point soon they have to cover their shorts....as they always have to. You can't keep renting the stock for ever for nothing. It costs money to short the stock or are you just figuring this out now. As the volume declines, we are going to see how price discovery unfolds as we get closer and closer to new positive trial data being released. Higher priced asks mean that the shorters will have to pay higher and higher prices just cover their outstanding shorts as they all stampede to the exits at the same time. Or you can just pay more in fees to rent the stock and still watch the price going higher and higher along with your losses . Shorting no longer works as a strategy once we have hit a price low and we are there now. It ain't going lower unless someone sells more borrowed stock and that's a very risky mugs game at this point.  
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