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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 > Congrats to all
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Post by DerekForeal on Aug 24, 2016 8:05am

Congrats to all

A lot of you said that it was a no brainer, mentioned the cash position and a fair value of 0.12+, but when it came down to shake the investor tree and give an easy double to the big boys a lot of you sold. I hope I convinced some of you not to sell on dooms day. It was pretty obvious what was going on. Management could not have burnt through 40M in cash and the investors have full power here. They just wanted to give a ride from 0.04 to 0.14 to a big boy who invested 32M probably. A lot of people posting that they had 500,000 are not posting here anymore... I suppose they sold. I want to congratulate my fellow investors. trust your jugement.... you know when you are right!!!! easy double tonight we open a bottle of fine wine and we toast to TST
Comment by scroll4facts on Aug 24, 2016 8:37am
Not to all.  To those who bought since Febuary and managed to get their average price below .14c.  Most shareholders will be losing a lot of money.  But I will be a good loser and say that 14c is better than nothing.  Very sad story in the end for TST anyway.  Tonight I will open a bottle of red wine trying to forget about all of this nightmare.  I can't believe ...more  
Comment by Biofinder on Aug 24, 2016 9:05am
You got that right. The only "silver lining" is that ProMetic has a potential upside pipeline ready to exploit in the next 6 months, whereas this tired old dog had run its last race with this management team. 14 cents with potential upside is better than 4 cents with guaranteed downside for the foreseenable future imho... glta
Comment by Zhantao on Aug 24, 2016 9:14am
I agree. a buy-out at 14 cents is TERRIBLE, considering TST was trading well above 14 cents for a very very very very very very long time until recently.  So those bagholders will double from yesterday's SP, but lose multiples overall.     For those that bought after the SP was at its lowest, of course they will double and that's great for them.  So a very small ...more  
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