GTC Biotherapeutics (fka GTCB)

[Lewis R Goudy]

They should announce that they have abandoned it when
they have not announced that they have embraced it? While Dew
is correct that they wouldn't have asked for the authority
did they not intend to use it, to announce that it wasn't
going to happen would be the same as saying the firm would
rather trade pink. That would materially impair trading
liquidity, not only weighing thereby on pps but also directly
injuring shareholders and adding to the Mr. Market's clear
impression that management is not shareholder-friendly.

It would also accentuate the appearance that they don't
know what they are doing, which would not help pps.