  GRO J1744-28 (the Bursting Pulsar) is a neutron star LMXB which shows highly
structured X-ray variability near the end of its X-ray outbursts. In this
letter we show that this variability is analogous to that seen in Transitional
Millisecond Pulsars such as PSR J1023+0038: 'missing link' systems consisting
of a pulsar nearing the end of its recycling phase. As such, we show that the
Bursting Pulsar may also be associated with this class of objects. We discuss
the implications of this scenario; in particular, we discuss the fact that the
Bursting Pulsar has a significantly higher spin period and magnetic field than
any other known Transitional Pulsar. If the Bursting Pulsar is indeed
transitional, then this source opens a new window of opportunity to test our
understanding of these systems in an entirely unexplored physical regime.
