Replies to post #12474 on GTC Biotherapeutics (fka GTCB)

[silly beaver]

I'm convinced this stock is headed to zero.

[floblu14]

>But would they allow GTCB shareholders to go down the big tube?<

The officers/BOD are shareholders & LFB has 19.9%, along with Genzyme, etc. -

Pray, my friend :-)

[palindromy]

The cost of bankruptcy of a public company is not insignificant. At this market cap, it is cheaper to cramdown and dilute shareholders rather than go through court proceedings and having significant attrition.