Replies to post #13772 on GTC Biotherapeutics (fka GTCB)

[croumagnon]

"I do expect it <<RS>> to happen at some point if GTC is not acquired or merged."

I can think of many scenarios where a Reverse Stock split will not happen even if GTCB is not acquired or merged. I do not think management wants a Reverse Stock split or else they would have already done it. Therefore, I think their hope is that some upcoming good news will spike the stock past $1 before year-end, and then the RS will become history as we (hopefully) glide into US ATryn approval...

Based on what we saw lately, I think even the FDA acceptance of the BLA and the granting of priority review could make us knock on the door to $1. Additionally, one more reasonable partnership (FOB?) will certainly make sub $1 history...

At any rate, they have untill about Feb 2009 before they will have to effect a RS if needed, and I hope they do not rush into it in 2008, especially since tax-loss season will soon be upon us...

PS: I have been adding slowly to my position lately. I had hoped to wait for the low $0.5s but I am not sure we will get there..

[randychub]

Thank You.

Hope things are going well for you. Congrats on your MNTA. Wish I would have had some cash at the time.

R

[go seek]

RS...
since this discussion was opened "again"
IMO and many agree, there is a negative stigma attached to a RS... especially w/ GTCB's recent PPS woes. My hope /expectation is a RS will be avoided unless needed for listing or other reasons positive to shareholders, and done as a last resort.


Most here hope (i think) that the PPS continues to rise... and the imperative for a RS is lessened. Bring on the positive news flow / FoB partnership. We live in dynamic times : )

Have a good one.