GTC Biotherapeutics (fka GTCB)

[croumagnon]

"I have no worries about this company making me money eventually if they can survive the next few months of tough financing."

Yes but have you looked at the market lately? The problem here is of the form that a low tide takes down all boats. GTCB's survival and future riches are based on the financing they get in the next few months but this market is making it tougher and tougher to get financing through the usual channels, or to sign partnerships, or to get taken over at a decent premium for that matter. Additionally, as this market carnage continues, I would expect Margin calls to start flying everywhere and it may nudge more investors into selling GTCB in order to cover other margin calls. Moreover, as other stocks lose 50% or so of their value, some may become as good value plays as GTCB or even better, which may trigger more selling here for greener pastures...

In spite of the above, I am holding on to my shares and I even added some in the last couple of days. However, I am also realistic that this market carnage could even create more havoc with GTCB. Hopefully it will not happen and Cox and company will have some good news for us soon...