Theratechnologies Inc T.TH

Captured losses 12/3 at 2.35, beat the crowd

[retiredRIA]

My sale of a portion of THTX (or TH) at 2.35 US allows we to buy back in the first trading day in 2022 (january 5th) and avoid any wash sale. As a long term investor I sold only 3.3% (10,000 shares) but that was all I heId with losses.  I expect others are continuing to do this thru December and who wouldn't? But selling now they face the danger of any announcements the first few weeks of January because of 30 day wash sale rule.  And any new manager doesn't want THTX on their books on 12/31/20 but I expect that anyone (including money manager looking at THTX) would jump in early January.   HAVE A WONDERFUL AND SAFE HOLIDAY PERIOD.   We need to pray for our nation!

[Bucknelly21]

I will say I respect rusty I believe he is a great fund manager and very smart, I would disagree with the cap size being a big problem for volume, I was going through a lot of small cap bio stocks that do over a million shares in volume a day with a smaller cap that Thtx. I don't believe that is the issue. 

[retiredRIA]

I think that low volume says a lot about the longer term investors in THTX.  Question, Bucknelly,  are the majority of those small bio-techs going up on larger volume or churning going on, after positive or negative announcements?  THTX doesn't have much of a following but we are pretty certain about the risk/reward with THTX and we hang around.

[Bucknelly21]

I mean they are averaging 2 million shares a day @1.50 to 3

[scarlet1967]

The issue is lack of demand thus low volume and too small for institutional investors so the company needs to address the real problem which is how to convince the market specifically the retail segment  re the promising future prospects this company can offer as an investment in the medium to long term. This is the part they haven't managed to do so far. The execution has been too slow