You sound IGNORANT and not-educated.........with that sentence.
Just for curiosity, you see that stock is trading everyday, yes? 45 cents is 45 cents, waiting for outcome from court and plan for re-structuring. Smart shorts would not say anything... just ssshhhhh and wait just like everybody else. YOU ARE NOT ONE, I CAN SEE.
WELL.. WE WILL SEE WHAT HAPPENS FROM HERE. You don't know and I don't.
Why all of a sudden GTAT is a bad company? They came to Court to settle APPL claim and every other piece of debt is ok........ AND THEY CAME OUT POSITIVELY.......
I know this is chapter 11 but restructuring can be either way. AND YOU FORGOT ONE THING----GTAT HAS PRODUCTS THAT CUSTOMERS WANT.
Another thing... GTAT always had these debts before APPL thing, right? I see no difference. I buy some more and wait it out. WORTH IT.
Good luck to you since it looks like you shorted the stock or why you here bashing.
LIKE YOU DO.
This is why I don't read or respond to the nonsense here from shorts and bashers.
Some intelligent shorts would not op[en their stinking mouth like yours.....
THE RESTRUCTURED PLAN has to be presented to the court and NO COURT would agree for the paln to wipe out old stock and issuing new ones, as new company..... especially with the case of GTAT, with that much cash on hands, with the proceeds from selling APPLE's furnaces..........
Well, we will have to wait and see. Right now, it is just everyone' guesses, so please... shut that HOLE good for us.
EXACTLY... NOBODY KNOW #$%$ SO WE JUST HAVE TO WAIT OUT.
No court will approve NEW SHARE and wiping out old share while company has money and positive court settlement from APPLE LAWSUIT.
Wonder why shorts and bashers are still around IF they think old equity is gone. The OLD EQUITY is still here, trading at 35 cents.
No court will approve ZERO SHARE PRICE.......... shorts will be toast.
Management will want share price to grow faster too......now that APPLE thorn has been removed....with POSITIVE OUTCOME.
ONE OF THE GOOD POSTS I SEE that making sense, instead if bashers being here with "go to zero".
Again, #$%$ are they here anyway.... they think there is NO MORE JUICE for them to short, so why are they here? Ahhharrrrrggggghhhhh.... they have nothing to do useful in their life, so they find a board and have some fun.......I C.
THERE YOU SAID IT.... Sapphire like........ bad propaganda they use and now you use it.. They are not in the business to make sapphire, or they would do that long time ago.
SORRY... bad spin
I said it wrong. I admit... I am not in the business.
So, was it the furnace that APPL allowed GTAT to sell and give them 160K each?
This CH11 case is not normal..... It was brought up against APPLE and that was settled, favorably, for GTAT. For other creditors, there wasn't problems before, GTAT always paid on time, so why now? JUDGE and COURT will intervene and go with shareholders in this case.... If GTAT management is doing something BAD, shareholders will bring lawsuits and I believe the court system will be fair with justice. They would not let GTAT getting away with it.
THERE IS THE LAW.
You have your own bashing, people can buy and that's their choice, right?
At this level, people who buy/bought in, they know the RISK/REWARD, so please no worry. Really!
******Risk/Reward here is worth it.
it costs NORTH of $50,000 before when share at $10+....and if you are one who lost them, putting in $2,000 now is actually pretty good risk/reward, imo.
...and i don't care much for those bashers who bash GTAT to ZERO on board.. they all have their agenda. That's why they are here ANCHORING the outcome from court. THEY ARE SCARE TO DEATH OF ANY GOOD DEVELOPMENT.
Regradless of how management done in the past... COURT SYSTEM wull grant fairness and I think share value will not be erased just because someone wants it that way.
I am waiting for news that they sold one or more of these BOULES.
Together with CASH on-hand, plus assets........we are looking at this fair share value and more.
NOW I AM CONFUSED.
I thought GTAT has 4 years to sell these BOULES and give 160K to APPLE for each sale (projected to be 200K each or more). This is from court doc and from the settlement between APPLE and GTAT.
AM I WRONG?
What about the Sapphire that they have right now?
DO THEY BURN IT AND DRINK IT?
Whatever they sell on top of $160K per "boule"? is their "keep". No judge/court would allow them to keep that money and whatever left from 95Mil $ and create new share from it?
I still believe in the FAIR system, so will see.
Your "spin" here is invalid.........why are you here, btw? You own any share? or just too much time on your hand that you have to be here to explain to the shareholders that share is total loss.
NO WAY TO GO BUT UP FROM HERE........... waiting for the news on Sapphire BOULES sales.........to break.
APPLE was the hiccup and now IT IS OVER...........sorry shorties.... no more things to bash.
More interestingly, why are you here, hanging around the board with a stock has no value? Bashers only hang around board with a stock that has "potential" to make money.
TIME TO GET THE LAWYERS INVOLVED AND SEE IF SHAREHOLDERS CAN BE PROTECTED........We need to voice our concern---fight them to the end.........that is if you care about your hard earned money---- I DO.
Any suggestion where to go/start?
LET THEM JUMP, that is if hey have NO CONSCIENCE to stay and put in the efforts to prove and save this company, company that they failed......THEY DID A POOR JOB MANAGING THE APPLE DEAL. If anyone read the deal agreement/contract, you know you should never get in it, just to have a chance.... chance WHAT?
Shareholders as myself lost big on this, out of believing in the management capabilities........THIS BIG RISK should never be part of the way they run business--WHERE IS RISK MANAGEMENT, YOU WOULD ASK? Did shareholders know of any of these---NONE. Now, moms and pops lost their money and worst, retirement IRA savings.
I think the management is OK AFTER they show they save the company and the shareholders......what preventing them from leaving, after cashing all that BONUS......
DON'T YOU DARE TO PUT THIS ARGUMENT IN FRONT OF US, MOMS and POPS working hard for our earned money... NOW all about to be lost.
We have to let the manipulation working it out, and IT WILL.
These are smart folks. They know when to manipulate upward to get profits on the way up.....
Stock is being held down right now...