GTC Biotherapeutics (fka GTCB)

[croumagnon]

"then how long is it going to take to rid the system of Russell related selling?"

Russell related selling is over. The index rebalanced as of last Friday and most of the funds usually do their selling well before the rebalancing date...

The current selling is due to the anticipation of a Reverse Stock split announcement. I am a bit puzzled why the company is taking so long to make such an announcement when everyone is expecting it. Perhaps they have one more good PR to put out before then, but I doubt it will take us above $1 to justify the delay and it would make more sense to save the good PRs until after the RS...