Can you imagine what will happen if no webcast update end of Friday? Going to 0, maybe?
The dropping will keep going because the management is not giving any update on the time line. IF they fail to web caster this week, their credibility will be hurt so that no one will believe their guidance anymore. The management has made a terrible mistake in managing the expectation. They create the worst situation EVER for the stock.
They created a situation for unnecessary drop. The situation will be better even if they straight lower the guidance 2 weeks ago. The uncertainty is killing the stock.
From 9/9 till now, all you have is bad news one after another. No positive at all. Is it too easy a short target for no brainers?
I kind of think it is really nothing will be said for GTAT 9/29. After the close of the quarter is their quiet period which they can NOT say anything about the guidance and earnings, true? Why do they pick that time specifically to say nothing?
Why did he refer to "A thing" instead of glass or sapphire? Because it can go each way! The production of Sapphire is obviously not ready yet for the full production and Apple wants to release its products so it called this "thing". Tim knows if he try to release sapphire version in a couple of month when sapphire is ready, lots of people will wait and he will lose sales. Both GG and Sapphire can be referred to "ion strengthened" thing!
The question is who makes the cover for Apple.
100%? It was at this level 6 months ago. That is why I lost patience. Tons other stock had over 50% return for the past 6 months. This one is not.
I shorted until right before the ER and then switched to long right before the ER. I was looking at the relative strength vs market. It was fair till last week. Now I am talking about the opportunity cost. Forward PE of other opportunities keeps expanding but this one keeps shrinking. Worst part, it is not even react to good news. By not looking at the ticker, I would've thought ATT got initiate with a buy. You have a wrong crowd paying attention to this one. The ones have balls are looking at and investing in BITA.
A good day 0.5 up, a bad day 80c down. With all these potentials, this one is hated by too many people. BITA up 3-4 a day without news. With the upgrade, this one climbs 0.60. Maybe it will be 80c up when every one is using sapphire... no patience anymore. You guys hold on to wait for that 0.80 to happen...
I agree with you. But you can not expect the joker CEO to achieve anything. He may be fitting in the role of chief product officer at most, definitely NOT a CEO material. The stock is going no where unless the board finally understands his limited ability and find a CEO who can really achieve potential for this company. You should write a letter to Carl Icahn to start a proxy fight for this baby. It has lots of potential bury by the incompetent CEO.
The reason is very simple. Once Apple buys GTAT, GTAT will lose its competitive advantage in its material field. That is the same reason why APPLE outsource to Asian manufactures instead of buying a factory itself in Asia to make phones.
Well. To be fair. If they never said anything, we would be trading at least 19-20 at this point. And the stock may stay around the range. It popped all because the analysts had assigned fear and risks to the stock but they were proven to be false alarm.
looks like institution is buying. The volume chart shows low volume drop but high volume jump. That indicates accumulation by the institutions.