Biotech Values

[St_armands_man]

GTCB - So What To Do?

Now priced at $1.35 with a ton of uncertainty hanging out there. I'm now out (sold 1/3 yesterday and the rest today). I have to admit that I'm still not sure I've done the right thing (except for the "sold 1/3 yesterday" part). The science is still solid yet today's decision will almost cartainly impact the value of the company (additional dilution, a fire sale, etc. etc.)

I still believe in the science but am struggling with the investment. I'll keep watching and may be back.

For all of you that added your insight along the way, thanks! Personally, I think the comments on this board were right on. I was in the camp that believed in an 80% chance of approval. Oh well, maybe next time.