Post by
LittleLadyPhD on Aug 16, 2016 2:08pm
Unlike TST, STEM knows how to reverse a losing trend
STEM stock tanked from $3 to $0.58 one day after announcing poor P2 data review in May...and last night they announced a merger with a private Israeli co: stock has jumped 600% today on the news. Too bad TST doesn't have anyone with business acumen and contacts...this is not to say the new STEM SP will stick, but at least their management acted strategically and promptly (didn't just put out a press release 5 months after negative FDA decision)...Just saying: some companies know how to create shareholder value despite negative results. Sadly for all of us, TST isn't one of them.
Comment by
vincentmtl on Aug 16, 2016 11:17pm
TST mangement team knows how to rob the share price of TST, and only way to south. Astonished is some share holders didn't stand out and speak out on behalf of themself. Disappointed.
Comment by
bmeister2 on Aug 17, 2016 10:59am
I agree with LadyPHD and think we all should be contacting IR to see what is going on. I also think that they still have value to some outside entity if they would, and perhaps they are, pursue a merger with someone else who can deliver. They need to be reminded they exist to enhance shareholder value and have a fudiciary duty to us. Earn your keep, management !