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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, radiation, sound and/or drug-activated small molecule compounds, their associated drug formulations and the light systems that activate them, with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses. It operates through two divisions: the Drug Division and the Device Division. The Drug Division is responsible for the research and development of light-activated small molecules primarily for the treatment of cancer with assistance from the Device Division to develop medical lasers to activate them. The Device Division is responsible for the Company’s medical laser business, which research, develops, manufactures and distributes cool laser therapy (CLT) systems to healthcare practitioners, predominantly for the healing of pain.


TSXV:TLT - Post by User

Comment by InvestorRightson Mar 19, 2023 8:01pm
258 Views
Post# 35348041

RE:Do this next week if you're worried about shorters

RE:Do this next week if you're worried about shortersThere are only roughly 40,000 shares currently short, so I dont think the selling is a result of shorts. The idea of putting your shares for sale at a high price in order to prevent shorts is fiction, if shorts want to short, they will short. I believe the sellers are weak hands, PP buyers that are willing to take a few pennies of gain and limit their risk seeing as they have warrants to fall back on. Looks as if TLT has stabilized here and we will more than likely move up in short order.

As far as bashers, this thread is one of the most positive on SH! Most are believers and have been for years if not for more than a decade.

The overall market is a contributor to weakness as well as some sellers may be forced to sell here to cover margins elsewhere.
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