Theratechnologies Inc T.TH

Riders out

[Greenviolino]

So today was an opportunity for riders to get out of the issue, realizing the easy money is not happening. There is a lot of emotion being expressed on this board, understandingly so to a certain point. However, look at today's picture:
A few days ago, the company was valued at $75 million CAD market cap with around $20 million USD in cash.
Today, the same company is valued at $75 million CAD market cap with around $45 million USD in cash.
Trading at  almost cash/share. Which company would you buy?
Forget dilution, focus on numbers. 
And Lvesque is living on borrowed time. He will not survive this.

[PWIB123]

I wish I was as positive as you, but it doesn't work like this.  The stock will continue to drop after dilution unless they surprise us with good news soon.  They burned existing shareholders, and additional new investors needed to drive the price higher (even to overcome the 25% drop experienced today alone due to dilution) will not buy in.  The market has a very long memory