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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 StevenBirchon Mar 20, 2023 8:45am
324 Views
Post# 35348406

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

RE:RE:RE:Do this next week if you're worried about shortersYajne you are right about using stop/loss orders on a stock like this but I don't think it's shorters at all that are the problem. Some days it moves a couple of cents on 10-20 thousand shares and all it takes to move it 8 or 9 cents is 100-200 thousand shares. So for someone with a million shares or more it wouldn't be much of a risk to sell that much especially if you had a real understanding of the timeline which we have all been wrong on so far.

I never thought it was worth the risk just to make a few pennies when good news could be just around the corner, plus I don't have a million shares, but looking back if you did it a few times a year for 7-8 years and you KNEW it would be that long then why not. I also think the sellers aren't only making a few pennies but using it to increase their position without driving the price up.

I really hope this latest mini selloff is the last one because the fear mongers are boring and a distraction.
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