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Bullboard - Stock Discussion Forum Theratechnologies Inc T.TH

Alternate Symbol(s):  THTX

Theratechnologies Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapies addressing unmet medical needs. It markets prescription products for people with human immunodeficiency viruses (HIV) in the United States. The Company's research pipeline focuses on specialized therapies addressing unmet medical needs... see more

TSX:TH - Post Discussion

Theratechnologies Inc > Seller balance
View:
Post by Wino115 on Apr 22, 2022 2:18pm

Seller balance

Same pattern last 2 days. One interesting little pattern yesterday was that when they leave the market, the share rises.  They let it rise and then his every single bid down .10-.12 cents to unload a larger chunk.  My guestimate is they will only have around 20-30k left after today, so they will likely be out in no more than 2-3 days. Now, for all I know someone else has joined in with that algo selling, but we'll find out next week probably.
Comment by palinc2000 on Apr 29, 2022 3:15pm
Looks like the end of the selling is close
Comment by Wino115 on Apr 29, 2022 4:38pm
Correct - the seller is done.  I posted it yesterday, based on my assumption of 30-50% of vol and not including the 112k share cross. I've also noticed the 100-200 share every 15-20 minute trade regardless of price (which is a typical algo put in place) stopped over the last 2 days. My guestimate is they are gone. My warning yesterday was that, like any trading analysis, there could be ...more  
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