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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 > Insider sale....3.7 million shares
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Post by tooez1 on Apr 01, 2016 7:44pm

Insider sale....3.7 million shares

TMX reported sale...average price 8 cents.

Today's initial excitement tempered by this sale.  Looking for something/anything positive about it;  can't come up with anything.  Perhaps someone left and decided to cut all ties? At least it was on an uptick.  

Should know a lot more about company direction next week. Have to admit that I was way more hopeful before I saw that sale. Still think we'll be okay.
Comment by birdie22 on Apr 01, 2016 8:41pm
Maybe post on INK esearch Monday/Tuesday who it was https://web.tmxmoney.com/company.php?qm_symbol=TST&locale=EN
Comment by 13PunterDog on Apr 01, 2016 11:05pm
More than likely Brian Groch.JMHO. Is he gone yet? I think he had close to 4 million shares.They don't need him now that they are forced to get a partner ( or just probably Ipsen ) to do their front line PH III B study up against BCG, which is what the FDA wants and was the original trial before Endo came along.BCG supply too unreliable and toxic, they need something else. No way is there ...more  
Comment by bailmeout on Apr 02, 2016 7:37am
Please add a link to sale..I dont see it anywhere
Comment by birdie22 on Apr 02, 2016 7:56am
Try this  If not active Hilite and click   https://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Language=en It works 3 frame down 
Comment by birdie22 on Apr 02, 2016 8:03am
Also shown on INF Research post this a.m. as Marker sale, but they do not list any insiders with that may shares. Maybe in a day or two will confirm Marker with whom sold, or could be a mistake and not an insider maybe Instution or Fund . Also checked Stockwatch and Morningstar and could not find any "Holders" as Instutions or Funds. strange. Previous Day's Marker Trading (Insiders ...more  
Comment by stepbystep on Apr 02, 2016 9:25am
   -Why insiders would buy on March 4 before the new And sell at a loss - For now nothing to confirm   As of 11:59pm ET April 1st, 2016 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price  ...more  
Comment by birdie22 on Apr 05, 2016 6:29am
Ink Research this morning posted a Correction for insider selling, not sure what to make of it as no insider had these may shares so some instutution must have posted in error of being a Insider. Anyone with a better explanation. s April 5, 2016 Marker Trading Corrections Ticker Trading Date Original / Corrections Volume Buy Sell Net TST Mar 31, 2016 Correction - Apr 4, 2016 0 -1 ...more  
Comment by 2j3kl on Apr 05, 2016 7:12am
This post has been removed in accordance with Community Policy
Comment by 1wascallywabbit on Apr 05, 2016 8:52am
Doesn't make sense to me.....that would mean all their sales prior to that would have been reported as Insider Sales, and there were none. Shenanigans going on here.
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