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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 > ***Stop freaking out***
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Post by Deepinvestor on Feb 02, 2016 11:19am

***Stop freaking out***

Stop freaking out if you stocks there. NR will come out soon and you will all find out the reason.

Stock could open at 0.60$ as it could open at 0.20$.


IMO, it has nothing to do with FDA. I would say it's more with IPSEN. Or they've been bought!
Comment by ROIHunter on Feb 02, 2016 11:34am
IMO the top three reasons for this halt are as follows: 1) FDA says do another study 2) FDA says proceeding with a limited approval 3) Somebody died No financing as no one would touch at this point, neither would anyone do a deal with the FDA unknown.  In my experience the Advisory Committees can easily be over ruled and the FDA does so especially with little safety concern and lack of ...more  
Comment by cndexpatman on Feb 02, 2016 11:40am
1) FDA says do another study -> WE HAVE A WINNER, it will be this as the bid/ask reflect this negative outcome 2) FDA says proceeding with a limited approval -> nope the bid/ask would be above the closing price
Comment by ROIHunter on Feb 02, 2016 11:43am
Bid Ask is just guessing as well i don't see how that tells us much of anything except people are more pessimistic than optimistic at this point in time, which makes sense based on what we have seen to date.  But it is not an absolute predictor of anything.
Comment by bailmeout on Feb 02, 2016 11:42am
By the look of the Bid Ask..consensus is negative..for what it's worth. Does someone know something and is trying to exit as soon as the halt is lifted..this looks like after the adcom drop from .40 to .23
Comment by ragingbull1234 on Feb 02, 2016 12:06pm
The Bid/Ask around AdCom was stupid too.    Everything is either stupid, or just a complete and utter waste of time, money, and human life.  I've told you they were like this for an eternity now and you still don't believe me.  Well done
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