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Wright Medical Group Inc. Message Board

dr.tjm42 3 posts  |  Last Activity: Dec 4, 2014 1:02 AM Member since: Mar 30, 2011
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  • Hi all, I check in every so often to see who's left and to see if any of the self-proclaimed "know-it-alls" ever show their faces (Margolis, chelle, cali, etc). This is what I posted almost exactly 1 year ago today in response to Matt Margolis calling me a "fool with my head up my #$%$". Used to call him the Pied Piper of GT because it was crazy how many people bought into this fraud, and he led them right into the sea.

    Dec 8, 2013 by dr.tjm42
    I was called a fool all last week when I shorted the stock and then called-out the self-proclaimed "know-it-alls" in here who said it would never close below $9.14. I'm not going to repeat myself over and over on why I think this company is a house of cards and in big, big trouble but...the deal granting exclusivity to Apple even for a few years is not only a bad deal but potentially a catastrophic one. They also lost $40million YTD and are legally required to start paying back a half billion dollar loan in 2015 which is virtually impossible. And being a company with a market cap of $1.2B, diluting their shares by almost half will handcuff the financials for 10 quarters. I could break-down each of those simplified points in an hour long rant but everyone here only wants to hear sweet-nothings about GTAT. I can tell you this though...unless Apple announces they're definitely using sapphire in a phone next year (which I highly doubt), you all better duck. Apple has zero obligation to use sapphire but made sure nobody else is allowed to either. If Apple loads up this facility and then pulls the plug, GT will have no revenues but still be required to pay them back, and there will be no more GT....period.

  • Reply to

    About Matt Margolis

    by p14756 Nov 15, 2014 9:39 PM
    dr.tjm42 dr.tjm42 Nov 24, 2014 12:39 AM Flag

    I told everyone here he's a fraud as far back as February. He took a guess and was epically wrong, then crawled under a rock and disappeared instead of facing the people he led right to the poor house. It's just sad so many people bought into his numbers-twisting garbage and his fake credentials and lost it all. Got a lot of blood on his hands for sure and he's the one that has to live with ruining a lot of people.

  • Reply to

    Profound weakness today

    by chelle3095 Oct 17, 2014 1:08 PM
    dr.tjm42 dr.tjm42 Oct 17, 2014 6:19 PM Flag

    Well, well well. How's my pal doing? Thought you'd be on a ledge somewhere....kidding. Honestly, hope you're well.

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