GTC Biotherapeutics (fka GTCB)

[n4807g]

"GTCB is a group of committed, very intelligent, patient people."

There's no doubt this is true. But they did buy shares of stock (in a concerted effort) prior to the announcement of the stock placement. This gave current shareholders and prospective shareholders the sense (now known to be false) that a partnership was in the near future. I'm still long GTCB and agree that the technology is revolutionary, but ultimately the company needs to also consider how they treat their shareholders.