Replies to post #3898 on GTC Biotherapeutics (fka GTCB)

[keitern]

I used the example of IDMI yesterday, with Rodman and Renshaw placing $25M of shares. I was drawing a parallel with GTCB's offering of a lot of shares placed by Harris last summer. Almost immediately GTC's PPS went significantly below the offering price and has essentially stayed there since. I'm not saying Harris directly shorted, nor R&R in the case of IDMI, but somehow the boys on the street work together to get 'er done. All above my opinion only.