TELESTA THERAPEUTICS INC T.TST

Sold out ... for now

[CaliCali]

This price imo will hover around the 13.5 to 13.8 cent range until the deal itself is done.  

and what i didnt like about this deal is the transfer or convertible rate is that of the previous 5 day weighted average of PLI stock before the deal is finalized by court.  

So it would only make sense that the stock will either rise from SH in anticipation of the news or be manipulated to a higher price in those 5 days to offer up less shares of TST to PLI, and then fall back down to normal range.  I personally think PLI will benefit greatly from this deal and the SP will rise, and rise considerably, especially in the next 6-12 months.

I just figured my money will produce a lot more money through my sources of investment (ETF-c , Leveraged ) in the mean time than it will waiting for a news disruption. 

I agree with all saying this is a cra.ppy deal with all considering, but for those who have bought in the 5-10 cent range, its a good roi.

As for people saying a lawyer will jump in and get us all higher bid on the TST, i highly doubt it.  

Ive held since March of this past year at an average price of 0.11, and ive come to realize that this is definitely an oppurtunity to sell.  If news comes out that shareholders are chasing more bang per buck, thats when I will jump back in at 0.135 or 0.14 and hold . 

Congratulations to all, and goodluck to those holding out.  I might join you soon again.

[tombethune]

Cali, I think your observations are well thought out. I sold today at .14 to break even but with the notion that there is a possibility PLI will release news before the November close driving their SP up. This would effectively reduce the number of share they need to dole out to TST shareholders and number of outstanding shares they will have at that point. Also gives me a little time to sit on my