GTC Biotherapeutics (fka GTCB)

[croumagnon]

"So, what options does this leave? A merger or buyout. The probability of such a transaction increases with each passing day"

Your post makes a lot of sense Dew and I agree with you 100%. The problem however is that, in this environment, even a merger or a buyout may not be a trivial undertaking because companies are probably holding tightly to their shares and their cash seeing that economic troubles are everywhere...

I guess what I am trying to say is that it seems to me that GTCB has put itself in a real desperate bind here, and companies that could be targeting GTCB for a merger or a buyout know it! That means the negotiating position of GTCB has weakened considerably and we may eventually be taken out for a song....

Would that song be over $1 or under $1 in your opinion?