The 3 oclock trade was not medium. It is app 1.2 Milllon shares and it is the biggest single trade of the day. That trade push the stock price up 30c in minutes. That was almost $30 million of purchase and definitely not retail. Some big short was in rush to cover by the end of the day and I am pretty sure that was not from any day traders either. If volume is any indication, That indicates a bottom.
The activity in this stock definitely worth the time to be investigated. With obvious trades to bring down the price and move up in matter of minutes with HUGE sudden volume without even ONE comment from any of the big news agencies? Was there some technical error or inside trading in this name? Normal stocks free of error or inside trading does not move like this without news being published or discussed.
All solar went up though, if solar is the root then how come GTAT is the only solar company that dropped hard?
GTAT down trend is confirmed and it just hit the lowest monthly close and 30% drop is the biggest monthly drop since 2013. Everything points to a down future. Easy short for no brainer.
short term resistance has come down to 14.25 now. It looks like a big drops is coming. It is obvious that someone big trying to get out of the this position. All apple's supplier and apple is going up except for GTAT? Does it tell you something? GTAT has nothing to do with Apple.
Everyone says the smart guys sells losing position and keeps the winning position. GTAT is definitely the losing position on everyone's hand that needs to be sold. The trend is set.
So the "real" in your belief is fossil oil does not create pollution? All the US government's regulation for cars' emission is for show? Are you really living in the educated 21st century?
Their action against Chinese solar is no different than calling penalty tax on donation or support pollution over their economic gain. Competition is one thing but sacrificing all life forms to greater pollution is a much much bigger issue than someone's economical gain. What solar world does is slowing down the adoption of clean energy. They should be sued by millions who were sick or lost lives and homes due to the climate change of using fossil energy.
2-4%? No, for the month of July, gtat ONLY had 1 trading day above 0.5% of rise. ONLY ONE day out of three weeks.
Up in the morning then drift down to about 2% if nasdaq stays at the same level. Another typical day. I will be a short as long as gtat stays in this pattern.
I use gtat to hedge my other long positions now. It is even better than vix.
When market goes up, it stays, when market drops, it drops more than vix going up. Shorting gtat
Has provided incredible hedge for my long position. Shorted another 10k shares today.
3 weeks of consistent under performing compared the market has destroyed big chunk of confidence in this position.
Who believe GTAT will go over 16 by the end of this week? Looks like no one so far. There is no bid for 16 call ending this weekend.
2014 will proved to be bad for gtat. In short term I see 12s. However , I think momentum will return in 2015. 2015 will make 5 bag return. 65 to 70 by the end of 2015 is reasonable.
I hated so I shorted 90k calls and lets see what happens. I am betting 15 will be the highest for a while.
Short is so encouraged these days while longs lose money every day for 2 weeks with no gaining sign for another 2 months at least. By that time gtat may be single digit.
It is down almost every day since july 2nd with only one day up 2c. Have not found any stock goes down with that much determination. It is going to 0 in anothet month if the trend continues