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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a specialty pharmaceutical company. The Company’s principal business activity is developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada and select... see more

TSX:GUD - Post Discussion

Knight Therapeutics Inc > Large volumes
View:
Post by Golddetector on Mar 16, 2021 7:36am

Large volumes

These large volumes are good for sp it might be buyback or institutions buying at a discount. these are stronger hand as the block trading suggests. So long term investors. This is very undervalued and start showing in many ppl radars. Correction coming. This sale won't last forever. Jmo. Gl longs
Comment by Chianchin on Mar 16, 2021 8:39am
What a theory?????? large volome followed by lower share price equal to more sellers than buyers in most investors  books and charts. It also indicates bad news to possibly being expected in most time though not all instances
Comment by hoffbag on Mar 16, 2021 11:42am
I have just started perusing the company and getting up to speed.  Reviewed the last quarters  earnings transcript and my blunt assessment was "what a cluster".  Q&A was a disaster as there were very few straight answers to any questions.  In the context of that mgmt show I can totally understand why they had to delay quarterly results last year when Covid hit ...more  
Comment by MrMugsy on Mar 16, 2021 12:29pm
How do you compare their approach this time around to that of Paladin Labs?  What do you mean regarding the comment "you play the hand you are dealt ?" What should they do ?
Comment by hoffbag on Mar 16, 2021 4:38pm
Three areas to improve and one additional comment (and I wont send a bill). 1) stop buying more shares - its not working and there is no floor, SOLVE THE PROBLEMS (my prediction is that Knight starts to trade in the 4's very shortly) 2) related to above ...dont file a shelf prospectus to issue shares when you have been buying them for higher prices.  That just tells me that..... (see 3 ...more  
Comment by EbbFlow88 on Mar 16, 2021 6:23pm
Hoff, thanks for your comments. Appreciate a corehent counter-argument. I read through the Q3 transcript after your nudge and not sure I feel the same way (might be too biased) Firstly, I didn't get the impression they did not know the answers to the questions. They skirted around some questions related to specific sales and product questions that is private info for what I can imagine are ...more  
Comment by hoffbag on Mar 16, 2021 6:56pm
We will see how GUD they are! I don't usually go negative because I am long only guy who wants Canadian companies to succeed. I see we both own CZO.
Comment by MrMugsy on Mar 16, 2021 7:11pm
Thanks for responding. I took the opportunity to skim through the Q3 conference call to get an idea of what you saw. I did notice that certain products were being release in certain geographies and details seemed to be lacking.  I also noticed the COVID responses and the lack of color to expected sales levels as fewer people were out-and-about visiting their doctor. So growth doesn't ...more  
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