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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 > Buyers are here
View:
Post by Drmrgn on Sep 06, 2023 10:04am

Buyers are here

THTX volume has almost doubled its average daily volume and it's only 10am!  And it's up over 20%!  Hoping this means the stock is only up from here but wouldn't mind picking up more in the low $.90s usd.  Will be interesting to see if this thing remains in the green by end of the day.
Comment by muslix1 on Sep 06, 2023 11:01am
it looks like a pump and dump... let's see
Comment by Trogarzon on Sep 06, 2023 11:04am
What is the pump... letting the market know they are making profits and getting rid of the SOB seller.
Comment by Drmrgn on Sep 06, 2023 11:11am
The fact that it pumped is promising.  Surge in volume and price makes me feel like the sp hit rock bottom.
Comment by bassini on Sep 06, 2023 11:16am
1.85 millions volume both exchange 
Comment by Drmrgn on Sep 06, 2023 1:31pm
I only follow it on Nasdaq and it has triple the 10 day ave volume now and price still hanging in there.  That's buying pressure.  Especially on a down Nasdaq day.  THTX has twice the volume today than the combined volume of the days where the stock was below $1.40 usd.  I think this stock keep going up until a big negative news sell off day.  I'm an optimist ...more  
Comment by mikeq113 on Sep 06, 2023 1:52pm
We're on track to have over 4m shares trade today. That's easily the equivalent that took us from a post-split price of around $4 to under $1. 
Comment by jfm1330 on Sep 06, 2023 2:56pm
Combining US and Canada, maybe 5 M shares will be traded today, that's 20 M shares pre reverse split. More than 20% of the total number of shares. Sure some day traders were involved today, so the same share could have changed hands several times today. Nonetheless, it is enormous volume.
Comment by canadapiet on Sep 06, 2023 12:14pm
It looks like an O O is coming......... muslix1 - (9/6/2023 11:01:07 AM) RE:Buyers are here it looks like a pump and dump... let's see
Comment by Trogarzon on Sep 06, 2023 12:29pm
Maybe... technically they are above 20M already and could wait for P1b results....
Comment by SPCEO1 on Sep 06, 2023 12:54pm
You need a good reason to raise money - what would that reason be?
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