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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 > Telesta Therapeutics...the cure?
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Post by beechguy on Oct 30, 2014 10:44pm

Telesta Therapeutics...the cure?

I will start off by saying, I thought the "no second trial needed" FDA news, would have taken us into the .70 to .80 range. So take my opinion with a grain of salt. As far as people selling because of warrants; there may be some resistance at .30 and .40 and then .50 (would be a double from here). Orphan approval should clean out most of those, with the extra exposure. Who knows, maybe one of these days, we will trade like a company that is less than 5 months away from final BLA submission. Perhaps Telesta Therapeutics will be the cure??? :)
Comment by IWillRetireSoon on Oct 31, 2014 10:19am
Makes sense to me. Perhaps if this bullboard was not full of absurdities then people doing research would have a better idea of the companies prospects....   By the way, thank you for your insight and reasoning, I was about to post "Beam me up Scottie, there is no sign of intelligent life here" I would add that the general skittishness of the entire global markets in the last ...more  
Comment by sometoast on Oct 31, 2014 10:30am
If approved, what is the consensus on potential earnings for BNC?
Comment by IWillRetireSoon on Oct 31, 2014 1:24pm
My conservative thinking:  Ten or twenty times current price. Billion dollar market.  No competition.   Current valuation of shares about 50 m.   Cost of developing a new drug is in the billion dollar range PLUS time to develop it.   If approved, this would be a guaranteed moneymaker without the development costs for a large Pharma.  Large Pharma ...more