What will GTAT say on November 4th 2013? Good or Bad?
Will they say nobody is interested in buying sapphire furnaces for an industry that is exploding?
Will they say that the solar industry isn't currently undergoing a BOOM of installations, and that the industry won't see the supply glut cleared out in 2014, and the first uptick in CAPEX spending since 2011?
Maybe they won't tell us anything good Is happening for their industries...
but that's not likely.
Don't mistake profit taking for something fundamentally worse.
The stock prices have risen past the fundamentals for Chinese solar stocks to this point, but as Q3 numbers are let out, they'll get hot again. The same applies for GTAT. Confirmation of better than expected Q3 and forward looking guidance will KEEP GTAT back on the track to higher levels.
If we have a disappointing guidance, GTAT investors are going to be outside TG's mansion with torches and pitchforks. We have been told for so long 2014 will be our year, sapphire is about to explode, etc. Well the time is now. GLTA