Replies to post #10260 on GTC Biotherapeutics (fka GTCB)

[mouton29]

<<Would you [Dew] mind sharing with us roughly what percentage of your biotech portfolio is in GTCB?>>

I am going to guess that whatever the percentage is, it is a smaller percentage by value (the only sensible measure) than it was when the stock was above $1,

[DewDiligence]

>This will provide us with an idea as to whether you are a prudent investor or simply a gambler married to some particular stocks like the rest of us...<

LOL—whom are you speaking for?

GTCB is one of my three large biotech holdings, which are, in descending order of size, MNTA, GTCB, and IDIX. (GTCB used to be the largest, but MNTA’s share price has risen dramatically since I bought.)

I have conservative non-biotech holdings such as muni bonds, REITs, and closed-end funds, so I don’t consider myself a reckless gambler. Rather, when it comes to biotech, I like to concentrate DD so that I understand a few companies well rather than a lot of companies poorly.