GTC Biotherapeutics (fka GTCB)

[MTB]

Hello All,

It has been heartening to see the upward movement over the last two weeks. The rapid launch of Atryn in US and the continuing Federal fiscal pressures encouraging FOB legislation are certainly encouraging. Evidence that GTCB is making public plans to be on ongoing concern despite the June 1 deadline/ limited known cash reserves, are also reasons to think Wed's conference call might hold some promise. A single good partnership could turn the tide.

I'd be a little surprised if we don't see a further run up in price leading up to this meeting. If the Cox and Dong show can deliver, the upside is huge -- the downside appears so obvious, and already accounted for in the price, that I'm continuing to hold. Will look towards Wed, then we'll see what comes next.

Cheers,
MTB