GTC Biotherapeutics (fka GTCB)

[croumagnon]

"I wish I knew a a way to wake up Mass or the government so ready to throw trillions into the rotten financial mess,,to put up a couple hundred million to save this valuable resource"

I think this is the best chance that GTCB has in order to avoid being swallowed by LFB but, again, it boils down to us believing that Cox wants to avoid an LFB takeover, which I personally doubt because I think he is fully sold on the idea and LFB has probably already guaranteed his future with them...

I think that the chances of LFB taking over GTCB in summer are quite high but I believe if it happens it will at a premium to the feared $0.31 which they paid previously for their shares. I suspect that about $0.7 will be the offer price given the recent FDA approval that changed the dynamics since the time of the LFB disastrous financing. If that is the case, then clearly GTCB is a steal at any price currently below $0.5...