Replies to post #10633 on GTC Biotherapeutics (fka GTCB)

[joethdo]

We are tanking because people think we are going to run out of money and go to biotech heaven (or hell, depending on your perspective.) Overall, investors are quite skittish so this decline doesn't surprise me.

Also, we are tanking because people think that a reverse split is a "done deal." While I agree that a stock split is meaningless in terms of valuation etc., stocks often decline reflexively when a company announces a reverse split. In other words, people sell because they believe the price will go down.

We could see the .40s unfortunately but it would be a great buying opportunity.

[Beerzoids]

=== "I think that's what is happening here: many, including some on this board with substantial holdings, are bailing." ===

I don't think that anyone was surprised by today's CC. I certainly didn't expect any miracles or major announcements. If people are bailing based on a CC that did not contain any unexpectedly bad news, then I wonder why they have stayed in GTCB as long as they did?

On the good news side, if we can call it that, this soon, we did get a new time-line for a partnership deal by the end of June, which kinda pleased me.

Cox fooled me before so I might as well be fooled again this time. I just picked up some more GTCB. ARGHHHHH! Somebody STOP ME!!!

[Caiostro]

We're tanking because of lack of faith in GTCB and broken promises year after year.

Unfortunatley management has destroyed this company already 2 years ago after Atryn EMEA approval.
They did everything wrong what could go wrong.

The RS will tank the stock to the range of 0.15-0.25