LMFAO....wow you still in the dark ages....the street do not go for that fundamentals #$%$ anymore....with HFT and other bs...it is about hype and buzz and the future....apple is not going anywhere.....and gtat just latch on it deep like a leech.....get it?....
As a value investor, I hear you. But wall street often values certain companies irrationally. Think of many cloud computing companies. SalesForce? LinkedIn? WorkDay? Even Amazon!
Obviously one would lose their shirt investing significantly in chasing such growth during early stage. That's why I afford myself only an occasional bet in this context. Especially if I can hang my hopes on something fundamental. Well, I found GTAT's moat deep in the solar supply chain compelling. I got lucky in this moat extending to sapphire as well.
But make no mistake about it...GTAT is a speculative bet. Again, the only argument I can make against it being a total dice roll is its moat and an extended runway due to recent increases in revenue...and yes, this accounts for today's disastrous revenue retraction, as Apple has spoken loudly.
I have $5k at $4.40, not big money. But I also have $25k in GLW as a hedge. The 2 are complementary in many ways, except the latter affords safety.