GTC Biotherapeutics (fka GTCB)

[ghmm]

I notice that investors tend to think a company is an ideal buyout candidate by company xyz for reasons 1,2,3 when they themselves see it as extremely undervalued. I am certainly guilty of this as well!

I've noticed the next Biotech buyout is rarely one I saw coming and often the acquirer is buying not when the stock is at a (relative) bottom.

If you like the company and your confident in your DD then while it may be frustrating at times (perhaps long periods) to see it appear undervalued the Buffet (or was it Graham?) comment about polling (short-term) vs. weighing (long-term) is good to remember. Of course if your a short-term trader then obviously this is of little consolation.