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GT Advanced Technologies, AŞ Message Board

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  • nowwheretogo22004 nowwheretogo22004 Jun 18, 2010 7:39 AM Flag

    I'm out

    This morning on CNBC, they said that next week, they will release long term forecasts on the effect of halting offshore drilling. With a focus on this, we should see oil prices start to rise, which puts alternative energy companies back on the buy side. Eventually, someone big is going to put some real money into SOLR. Bad news at the gas pump for us, usually means good news for companies like SOLR.

    With the overhang of the controlling insiders of this company looking to dump up to 75 million shares, it's hard to get too excited right now, but there's enough positive news out there that makes you believe that someone could step in and buy it from them. As I have already stated, it's still a little too rich for me, but I still closely follow it.