Replies to post #8080 on GTC Biotherapeutics (fka GTCB)

[medchal]

"I promise you the last thing these guys think about is the current stock value." Maybe not the very last thing, but still a perceptive observation if you are new at this. It's a common trait among those who run a lot of small biotech/startup pharma companies. They're science guys first and are far more interested in the laboratory than in all those pesky investors who keep inquiring about the stock. Often, they own a lot of stock themselves, but the stock price still doesn't capture a lot of their attention. In my opinion, it's just another of the tribulations of investing in this type of company.

[RufusT]

Damn!!! Now that's one Hell of a post!!! Makarios, would you at least consider a position on the board of directors?

[n4807g]

"GTCB is a group of committed, very intelligent, patient people."

There's no doubt this is true. But they did buy shares of stock (in a concerted effort) prior to the announcement of the stock placement. This gave current shareholders and prospective shareholders the sense (now known to be false) that a partnership was in the near future. I'm still long GTCB and agree that the technology is revolutionary, but ultimately the company needs to also consider how they treat their shareholders.

[croumagnon]

Excellent post makarios but, towards the end, you unfortunately mixed Aples and Oranges....

"if your desire is to make money first, not later. Go somewhere else. i promise you the last thing these guys think about is the current stock value. They are focused on the goal, not the whinings of seemingly impatient (although understandable) investors."

If, as you say, these guys at GTCB are some sort of angels who do not care about money and for them it is all about Sciences and helping patients and the health care system, then an easy way for them to demonstrate that is to simply forgo all their salaries and their options and simply work for the good of everyone. In fact, if these guys do not care about the stock value, then they should have never become a public company and could have remained private until they reached their goal without scamming retail investors...

"The current financing is indeed not dilutive if it creates value...it's all a matter of focus and perspective..."

Please share your perspective as to how the current financing is not dilutive, especially when you consider the additional dilution created by the 7 million warrants exercisable at $0.87 that were given out for free...

[exwannabe]

RE: "They are focused on the goal"

Shouldn't that be "They are focused on the goat"?

Seriously though, most on this MB are more interested in the long term (both financially and technology wise), not just the day to day price fluctuations. So, if you feel like hanging around, this is far better than Y! or the others.

Cheers.

[jessellivermore]

Excellent first post.....

I agree with virtually all your points except I also believe management does care about the PPS....they do own shares. Unfortunately they are stuck in difficult situations where there may not be an excelent solutions. They have accomplished a great deal in the last three years dealing with very tough situations. Unfortunately we have a number of posters on this site who care only about the hourly fluxuations of the PPS. They are the eternal complainers (victems) and the conspiratists,,,,,, I've yet to see one of these geniuses (top to bottom) come up with a posative suggestion that might improve anything, other than get rid of Cox, etc.

[OKY]

I've posted you on the yahoo board. If you object please
let me know.

In fact I've posted others there, if anyone objects please let me know!

[lake11]

That was a great post. However, i bet they'll be BK within two years.

[rkrw]

Maybe gtcb should operate as a not for profit. Would be a nice consolation for investors, get tax breaks instead of tax losses.

Incidentally Cox paid himself $670,000 last year.

P.S. sorry to be so cynical :)

PPS: to dew, how often do people accidentally type dew diligence instead of due diligence?