Theratechnologies Inc T.TH

Repeated mistakes are not "mistakes"

[JayjayUSA12007]

For more than 10 years, with repeated mistakes after mistakes, let's call it a proper name. It's incompetence, ignorance, idiocy or stupidity.
While the science guys seemed to know what they were doing, Thera financial guy(s) and marketing guy(s) did not seem to know what they are doing. It's rebundantly clear that an offering would be a lot better in the US market than the Canadian market. It's is the financial guy's job to find that deal, since he got paid to do so. If he couldn't while others could, is he worthed his paycheck ?
Time for deadwood removal...

[scarlet1967]

The idea is to learn from others mistake to avoid making same mistakes. But unfortunately most peaple think they know better ,make same mistakes,pay the price and change. But some are stubborn enough not to acknowledge their mistakes and keep making wrong decisions and those people are exactly what you said. We need either a fundamental change of how this company conduct their business or new

[scarlet1967]

Here we go with one of my stories, back in the day I was invested both in Nokia and Ericsson both at the time mostly in the business of making cellphones and both initially had similar market share in the industry. Both companies had a major manufacturing problem in one of their sites, the CEO of Nokia flew on the same day and managed to rectify the issue within 24 hours but the CEO of the

[juniper88]

Erickson's downfall was because of character and culture of management and the company. CEO"s decision to do it remotely was a symptom of that. Thera's horrible deal was a reflection of their character and culture. I'm sure they knew how this would go over with existing shareholders, but they didn't care.

[houbahop]

You nailed it, juniper. These bad decisions are no mistakes. Theratechnologies management has been using its shareholders like toilet paper for decades. It seems some here don't mind to be placed in that position.

[SPCEO1]

I have a Nokia story too. When I was at Templeton I visited with Nokia management in Finland. At the time they had transitioned from making tires to TV's. Seemed to me to be a strange corporate transition and I thought they had little chance of beating the Asian competition in TV's. I was probably there about a year before they got into cell phones, unfortunately. But I did end up buying