Replies to post #18161 on GTC Biotherapeutics (fka GTCB)

[RufusT]

"You have been one of the long time boosters of GTCB and didn't waver. Yet when you decided to sell, the only mention was a casual line buried within the center of long message."

Have to agree with you on that one, Vin. A major Booster somehow becomes more objective after dumping his shares. Give me a break. At least Dew, while he can be a bit abrasive, was extremely upfront about his opinions and position and I'm sure he had a large position to unload. From his perspective he would have been better off attempting to pump the stock and then dump it. My hat's off to him for his honesty.

The FDA approval is a major validation of the technology and the Agency is one big black box until a new drug, and a new technology in this case, is approved. CBER and CVM at FDA gave the drug and the process the seal of approval and that's huge. Approval by the EMEA doesn't mean squat. Whether GTC is bought out or somehow pays off the bridge loan it at least now has a future that it didn't have a couple weeks ago. Hopefully management can finally get their act together and ink a decent deal. I know it's always popular to dump on the CEO but getting anything thru FDA especially when it's first of its kind and the company is running on fumes is no small feat.

[go seek]

Vin... suggest you get a grip.

We all could have sold when the stock was @ 0.14 and announced to the board that we sold. Do you think that would have changed the price action on GTC going into the FDA approval?

Be glad JL was here to provide some light / positive thought in late 2008 when there was little to none on this board... and the stock did rise to 0.95 thereafter.

To call a man a "traitor" because he decided to sell his position for whatever reason is ridiculous.

[jessellivermore]

Dear Vin,,

Sometimes the truth is inconvient. My revelation about the dicconnect between the way the drug industry brings drugs to the market and how it serves to exclude GTC's platform is a repeat message first posted more than a year ago. Long before I ever sold a share of GTC. The reason I keep posting it is because well meaning posters like you, repeatedly either ignored it, disbelieved it, or did not understand its importance.

I guess it is easier just to blame Cox and management for the company's lack of suitors or go on believing it was just because BP thought the FDA would never give them a shot. Funny thing is when the EMEA decision was pending in 2006, there was not one long on the board who was sugesting the EMEA approval was not a huge deal, as the revisionists on this board are exclaiming. We all were convinced BP would be waiting in line to employ GTC. Never happened.

I'm still a fan of the company, but I'm more a fan of the technology. I sold my shares on the run up to the FDA decision. The reason is if the PPS falls back I will not be able to establish a position in the company who controls the technology. If that company is GTC because they get a big contract for an FOB, or get taken over or merge with another company, I will be buying back in. I have also posted I feel the technology will eventually be worth billions. My worst fear is LFB will end up with the technology and we will all be shut out.

regards JL