nicolas: There just are not many individual investors in this low float stock. We are now able to buy for it for less than the last public offering price of $6.25. It is time to stock up.
DJ
The day is coming when the volume & price rise will be absolutely enormous . Until then buy all the shares you are comfortable with. The downside potential on this stock is extremely minimal and the upside is colossal. To find a solid stock like this with such high short interest is a rare event for any investor. Patience will be rewarded.
THE SHORT RECKONING IS COMING !
We have already seen $4.89 on 5-21-13 and we will again. The recent pullback created amazing technical strength in this stock. Current RSI is about 39 & if the general market cooperates a nice uptrend will resume. I am looking forward to getting north of today's closing price and buying on any daily dips. We may not be visitng the $3 range again after tomorrow.
This is not the first time GTAT has outperformed (percent-wise) all other solar stocks on a given day & it won't be the last. We are righton track.
DJ
It will not close in the range you predict. I would have no way to take your bet. I am just saying you are wrongo bongo. $3.99 is the high so far. Watch the size of the final block trades at & near the closing bell. Institutions invariably buy huge blocks of a good company near the closing bell when the stock price comes back up out of a pullback.
DJ
I got 2 thumbs down on this thread and its last trade was $3.99. Hmmmmmmm. I can still see $4 can't you guys?
DJ
on-pphire: We both saw the inverse head & shoulders, but I am not certain too many investors believed us. i even posted the dates of the shoulder peaks. This formation is VERY reliable. Maybe next time out audience will listen.
Take a look at CIMT with a regular bearish head & shoulders followed later by an inverse bullish head & shoulders. This one will pop again too.
It is easy money. Good luck & keep reading those charts!
DJ
Just starting to explode off pullback. It has about 50,000,000 short that need to cover. Check it out.
DJ
Huge potential with 50,000,000 short interest a stock starting to explode !!!! Check it out.
DJ
Over 5,000,000 newbie shorts could help take us to $5 in a few days. Enjoy the ride & GL to all longs!
This is called upward momentum in a highly & recently shorted stock.
We need more sunshine on the new short interest & that will help.
GTAT was getting too low on RSI not to rise soon (as I said before).
Once over $4 I would confirm a BULLISH LADDER reversal of a pullback on a one month daily chart. It looks promising for longs in GTAT , FSLR (despite their dilution) , SCTY , & SPWR. A little short covering would help too.
Sun is shining on FSLR even after their dilution . also rising is SCTY & SPWR. SCTY lost $6.59 per share last year ,but longs are in control at $36.17 per share up $1.20 today on solar optimism. GTAT could be the percentage leader today with a little common sense.
DJ
This is our solar system ! Even after dilution FSLR is rising with the sun. GTAT will be another high percentage performer. Shorts will need Valium to trade & Ambien to sleep.
This is our solar system ! Even after dilution FSLR is rising with the sun. GTAT will be another high percentage performer. Shorts will need Valium to trade & Ambien to sleep.
That is the big picture folks. Solar longs will win in the end. This is the solar system.
SPWR also rising . Shorts in solars must take ambien to sleep nights.
FSLR had pullback last week on dilution, but is going back up. it has one on the best earnings in solar.
Statistically shorts invariably lose on the average.
Any high short position is very bullish & especially with a stock like GTAT with a good balance sheet.