GTC Biotherapeutics (fka GTCB)

[oldberkeley]

Somewhat OT: "Token" Executive Purchases Department:

There was a discussion a while back when some of the GTCB officers bought stock. While some amounts could be called "token", I felt others were not.

The bond insurer Ambac Financial (ABK) has seen its stock go from $96 to $7 in five months, and it should get worse. They just diluted to the tune of 180 million new shares.

Today, their CFO Sean Leonard, who makes at least a million a year, bought 1,000 shares.

Now that's a token!