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Bullboard - Stock Discussion Forum TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."

TSX:TST - Post Discussion

TELESTA THERAPEUTICS INC > Do get the feeling 34 cents is the magic #
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Post by bailmeout on Feb 11, 2014 3:02pm

Do get the feeling 34 cents is the magic #

The walls are narrowing in on the 34 cent mark..they don't want it above and they prop it up when it goes below. I'm very limited in my investment these days just watching more out of curiosity. I was just getting too angry watching them burn through my money as well as theirs...over promise under deliver is the BNC way.. BNC=Bio Needs Cash that has been a constant for the 8 or so years I have been invested. I just find it astonishing how they have managed to turn so much promise into a fire sale.. pathetic
Comment by schemehatcher on Feb 11, 2014 3:31pm
Nice post Bail. When baking and shaking close to 70 MILLION shares via trade, option, and financing, you do need to start a small fire, think of it as bubba's oven.  This fact seems to be ignored by the "board regulars", it's penny stock 101.  the .34 shuffle simply maintains a market cap of sub 50MM which is just another handy tool to ensure you're ineligible ...more  
Comment by beechguy on Feb 11, 2014 8:08pm
An addendum to your post schemer: around 70mm shares have traded hands since that glorious April day when fonds graciously handed over 8mm shares to our "white knights".  So trade, options and financing is more like 140mm shares.  Beech 
Comment by blartar on Feb 11, 2014 9:14pm
BEECH                    Do you not think our " white knights "  have STALLED the AH sale long enough to have gained control of the shares and the VOTE will  just be a formality.                      The CONTROL of the share price has been handled magnificently. The previous ...more  
Comment by beechguy on Feb 11, 2014 11:21pm
They may as well not bother voting. If it is voted down we be in breach of the paladin covenant and basically give up a good chunk of urocidin. It will get ratified bank on it! 
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