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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 > Persuade me!
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Post by Fiery707 on Dec 02, 2015 7:29pm

Persuade me!

I'm a new to Telesta with some cash on hand. This stock has crashed quite alot so I'm interested in buying in. I have read that the FDA advisory committee has voted "no" but FDA is not bound by the committee's decision. My question is, is there another reason to buy this stock right now besides speculating that the FDA may approve the drug in February? Sources will be helpful. I'm no troll, check my history.
Comment by KingSarloc on Dec 02, 2015 7:36pm
Do your own DD
Comment by beechguy on Dec 02, 2015 11:10pm
There are 3 possible outcomes in the next 2.5 months. 1) FDA approves MCNA as is and agrees with the 5 out of 7 Urologists on the advisory panel. We open at $2.50 with a few stops on the way to $7 to $10 per share/  2) FDA approves MCNA with a more narrow scope like Patients unable or unwilling to have their Bladders removed. They would likley be required to do a 2nd FDA phase 3B or Phase 4 ...more