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TRANSITION THERAPEUTICS INC. T.TTH

"Transition Therapeutics Inc is a product-focused biopharmaceutical company. The Company is engaged in developing therapeutics for disease indications with markets. Its technologies are focused on the treatment of Alzheimer's disease and diabetes."


TSX:TTH - Post by User

Comment by DAbramovon Dec 06, 2005 11:38am
181 Views
Post# 9977781

RE: Down .08 cents atm.....

RE: Down .08 cents atm.....it's not manipulation, it's VERY HIGH expectations! There was a leak in information, true. There was a nice run-up in shareprice that OVER-ESTIMATED the degree of the NR. It's interim data, nothing conclusive, but just an elusive look at what looks to be quite promising (given many limitations in study design). The stock will re-trace, as it has MANY MANY times before. It doesn't matter which industry a company is operating in, an over-excited market makes for a nice pre-NR run-up and an equally sharp retracement following the release. Look at CJC (late 04/early 05) TAHERA (early 2004) ELECTROVAYA (May 2004) I can keep going, but those 3 REALLY spring to mind.
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