GTC Biotherapeutics (fka GTCB)

[croumagnon]

Here is what may make sense...

Merrimack is still a private company with an impressive potential and a good deal of cash. GTCB is publicly traded with an impressive potential but in need of cash. A merger of the two would make a lot of sense for Merrimack as they will secure their future supplies and their stock becomes instantly listed and traded; it would also make a lot of sense for GTCB who is in dire need of a white night rescue...

What do you guys think? Is this the reason that Merrimack just secured another $60 Million? If that is the case, should we not expect to easily pass $1 after such a merger???