GTC Biotherapeutics (fka GTCB)

[St_armands_man]

Once the short timers sell off...

We're seeing the short term traders sell off today (they're not getting the short term windfall that had hoped to see). After that, I'd expect the stock to stabilize and begin to drift back up. For me, this deal further solidifies the fact that there are a number of well respected organizations out there that believe in the science of the company. The Ovations deal will just make it that much easier for other organizations to look at GTCB as a potential partner. As such, whether we get more cash via additional deals or, at some point, sell the organization outright, there's little doubt in my mind that there's a decent return to be had from these price levels.