TELESTA THERAPEUTICS INC T.TST

bad news coming?

[1wascallywabbit]

Stock is trading as if the Earnings Release will be bad and/or there will be bad news with it. Almost 200,000 on thwe Ask at 0.34

[1wascallywabbit]

Thought the news would be out today?? When if the filing deadline for Q2? I have a gut feeling that the Burn has been more than any of us expect, so our remaining cash will be less than most here think. I would love to see a surprise to the upside of Cash on Hand, but the stock is not trading like that will be the case. Usually Mr Market knows, and anticipates that in the Stock price trend for

[loveshackdave]

Their last report was 43 days after quarter end. This would be tomorrow after close. This doesn't seem particularly unusual to me, I wouldn't get too worked up about this unless there is no report by Friday AH. Unless they can't sustain themselves through the end of the year, Burn rate will not be much of an issue. The bad news you have to watch out for is delays in filing with the FDA

[loveshackdave]

Also, Mr. Market is usually very bad at predicting after-report activity. Just take a look at the last GILD ER rose quickly up to 107 only to drop 8% the next day. I expect that TST ER will be a non-event. They probably won't really have any exciting news, good or bad. Might get some of those new pump-investors to drop out if they are scared of the negative numbers but I would expect a slow

[HighteawithIntrepid]

My expectation is a reduction of Cash, Receivables and payables as we wind down the outstanding AH closing  transactions. With a stated burn of 600k a  month the market has already built in a reduction of $1.8 m in cash over the September 30 amount. If there is a reiteration of the were on track to file by March 31 it should be a non event. Something positive on the VMC would move us up.

[DamnYankees]

HT, in deference to your advanced age limited awareness and questionable upbringing I'll try not to insult you. You seem to feel that there is a"market" that has properly valued Telesta, or at least that is your ongoing presentation here. Who exactly is this "market" ? Is it the toilet paper salesmen on the bottom of the OTC pink sheets? Or the 2 or 3 brokers and 80 or so

[HighteawithIntrepid]

DY Notwithstanding the fact you believe we should trade higher, we are listed on the TSX and every day there is a bid and an ask and most of the time the bid and ask are .005 apart. That is a market. What you want is a firm or firms to say TST is a  screaming buy and for the share price to increase to say $1 a share while we continue to wait. Since none of us can write those multimillion

[DryBones]

I wondered where DimSum got to...." TST is a highly controlled and tightly held little secret, by design." ... now I know he just changed his name along with his transgender reorientation.  They clearly gave him a therapy for his OCD and paranoia.  All good stuff for him/her.  It is nice to know he didn't blow his brains out over this fiasco.

[IWillRetireSoon]

I was more amused by the "80 shareholders".... with over 160 million shares outstanding that averages 2 mil shares each.   Sorry but I don't own that many so you 79 others, I am just in awe of you.  Thanks for the laugh.

[HighteawithIntrepid]

IWRS In DY's defence there are a couple of shareholders that probably own the first 17 million. Then there probably are 100 individuals that collectively own 70 million. Once you go over 51% you control it.  The question then becomes: DY how many shares is a lot to you? HT

[HighteawithIntrepid]

The problem with my previous post is that Graeme is one of the big shareholders and I don't think he is on the same page as the other two big shareholders. Then the next 100 shareholders don't know each  other and probably have 20 different expectations of what they want to see happen, so the deciding votes rest with DY's unremarkable voters. HT