GTC Biotherapeutics (fka GTCB)

[croumagnon]

Huge increase in short interest!!!

This latest round, the short interest is up 340% to over 1 Million shares shorted!

http://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest

Now who would be shorting this stock in bulk below $0.5? The only answer I can come up with is that it is some institution which is about to sign a financing deal with GTCB. The incompetence of this management team when it comes to finances is simply amazing, especially given the fact that the technology they possess is sound and marketable...

I am really tempted to vote against management in all matters relating to the proxy, including the RS request. GTCB has reached the point where a revolution is better than business as usual...