Post by
Xiawen13 on Mar 07, 2016 10:12pm
Buying a small US biotech
Ok just thinking out loud here.
the guy from TST clearly stated in the last press release that he was looking into a buying opportunity.
now, let s say TST buys a small Us biotech (like Heat Biologics, they are presently trying their stuff on bcg naive patient. They are running out of money and they have a market cap of 8MiL). So this way we could get a easy listing on Nasdaq trought a merger.
isnt it a probable scenario? Wouldnt it increase our value by exposing us to US market?
Comment by
1wascallywabbit on Mar 08, 2016 12:27am
I think you are right Xia. Not necessarily on the stock pick, but on the action that is coming soon - buying a company or drug, or merging with some desperate failed biotech who,is running out of money. God help us all.
Comment by
Xiawen13 on Mar 17, 2016 3:54pm
Maybe management followed my advice!! I sent them an email about that (for real) . The Heat Biologics stock is up 200% mid day and half the shares have been traded. Unfortunately i didnt own any cause i tought they would go bankrupt without a buyer
Comment by
ericshun on Mar 17, 2016 4:42pm
Hope your call is on point.. we could use some good news around here. Lots of doom and gloom
Comment by
Jodorowsky on Mar 19, 2016 4:20am
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