Onnce market goes strongly green . BOOM ! Headed north to $25.
Phire: Once market goes solidly green we will eventually see the larger pop. Just a matter of patience. I like the way it looks for next week in a green market. BOOM !
However,the currentlackluster general market may hinder the big move for a while.
47,493 shares + 22,729 shares . Total price $301,252 in a quick couple of seconds.
GTAT is giving us some positive movement despite general market fear. The shorts must be seeing this too. I could not short this stock & I definitely would be buying to cover today if I were a short.
Today's volume of 2,428,095 shares is on pace to be lower than GTAT's 10-day average volume of 6,732,009 shares.
The price is too low as conformed with the RSI & P/E.
WRONGO BONGO jabberwocky. Quite a solid bounce off the low today. Do not miss the JASO style pop that is coming.......
Who knows more about the company than the insiders?
As I said the declining wedge is a bearish indicator. Insiders will receive $6 per share following the commission and they know that is a good price. Earnings are down since the last PO that netted them $5 per share after the $.25 per share brokerage fee on that one.
JASO went up over 70% yesterday with no significant short interest invloved. How much will GTAT pop once 41,000,000 shorts cover????
Translates to $379,360 purchase.