Pure pump, hope and speculation on your part. It could go either way. APPLE RIP or all systems go. Get real.
Hope your right but the truth is we have been far too unbalanced in our assessment of GTAT and far too optimistic myself included. Irrational exuberance has perhaps been replaced by irrational pessimism but to say PRETTY OBVIOUS about anything GTAT right now is ABSURD..
There is no ABSOLUTE clarity on the Apple GTAT relationship and until such time as there is then GTAT represents huge risk. All other business opportunities right here right now are IRRELEVANT . Those here that think otherwise are burying their heads in the sand. All the hype about sapphire means nothing until GTAT delivers and executes on the promise of sapphire. Management have their hands tied with an NDA from Apple and no one cares about anything else RHRN except the final payment.
As always your insights are appreciated CALI and CHELLE .
You know I'm a GTAT believer but truth is we are in ALL in the dark and ALL have been blindsided.
Truth is that the STORY the PROMISE of GTAT is amazing BUT until TG provides forward clarity and Apple pay up we are in the sin bin. If Apple relationship has gone south then then we are in deep poo.
Waiting till the 29th to make statements makes me doubt the integrity of GTAT management. Shares been sold with amazing timing seems fortunate at best and at worst another case of screw the shareholders. Not too impressed with GTAT management right now. GTAT was and maybe still is an amazing opportunity but right now it is a very high risk investment. I am holding my shares through the 29th. with 50.50 chance of 30% haircut or 60% gain
Lost pretty much around he same and been out over a year but bought in 2011. Been waiting for turnaround and waiting and waiting and waiting. PCX and JRCC both holdings gone. ACI and ANR... hell I dont know but I TRULY hope it happens to the upside for all longs here especially those that have been here forever. I am sanguine and skeptical about any coal recovery and truth is it is totally down to supply demand. The market is saying ANR and ACI is going to burn through it's cash before any recovery in coal. I TRULY hope the market is wrong
Hard to believe that these stocks are trading at these lows. Where's CADIUM and his super coal cycle B S . Been out for a long time now and I genuinely feel regret for those still holding. Hoping to buy back in at some time but when I have no idea. The way things are right now under a $ is possible for both. I hate to see it happen as I actually believe NGas is a load of u know what and prices will be over $6 sooner than you think. Met coal ...no crystal ball but producers have got to stop supplying but maybe thats Australian plan to just kill USA coal with Obama's help
We have both been here a long time. Both GTAT fans. Both hoping for a stellar future. Sapphire is NOT a side show. it is the ONLY game in town right NOW. GTAT and TG screwed up SPECTACULARLY and failed to deliver. Until Apple pays the final, until Apple GTAT confirm commitment to each other then this stock is in the SIN bin and will stay there. EVERYTHING else is irrelevant. Truth is we all bought the PERFECT story and the execution failed. GTAT might well deliver and I HOPE they do but right here right now sapphire is ALL that matters
Seems to me that a simple statement re-iterating guidance would be ample to stop the bleeding. Why a full blown webcast business update? Good that it's a Monday BUT my fear is that is will become a selling job on life without Apple revenues or God forbid life without Apple.
My HOPE is a confirmation of Apple relationship on track. As I have said before all other business segments are irrelevant RIGHT HERE RIGHT NOW and IF the business update is smoking mirrors to downplay the demise of Apple then we are all in deep poo...
Really can't understand why they just don't issue a statement re-affirming guidance and for that reason I am wary.
NO it is not JUST my expectation that has changed. A serious question mark is present. If Apple is buying all the sapphire they can make then where is it going?
Truth is only GTAT and APPLE knows that. Hey.....I really want this stock to fly north BUT the risks post 9/9 are very real. I put my hands up and readily admit that I have been blind to a lot of those risks but like it not we all EXPECTED sapphire in I6.
THE EXPECTATION HAS CHANGED: What is desperately needed is affirmation that the APPLE / GTAT relationship is intact. 9/9 is only relevant due to expectation and GTAT needs to tell us how they are going to make back-end 600-700 Million and $1.50 EPS in 2016 and some color on 2015
- What if GTAT reduces guidance based on no sapphire until 2015 with Apple
- What if GTAT/ APPLE relationship has broken down ?
- What if APPLE does NOT pay in October ?
- What if the CEO has dug a hole they can't get out of and they don"t have the funds for 2015 Apple payment?
- How can they survive if APPLE is taking no product till end of 2015 ?
- What CEO signs an agreement that has no guarantee for Apple to buy sapphire ?
- What if the rumors are true and sapphire is not all it's cracked up to be...excuse the pun ?
ALL the other aspects of GTAT business are irrelevant RIGHT HERE RIGHT NOW
To BALANCE the above: If GTAT reaffirms guidance and Apple pays in OCTOBER then all is good BUT where is the bottom until these two events are known and God forbid what the bottom will be should Apple not pay.
Most of you here know me to be a die hard long and I still have great hope for GTAT. Right now the question is DO I stay in or do I get out ? Based on my risk assessment I AM OUT for NOW and will buy back once there is clarity on these portfolio destroying unresolved questions. I will NOT short GTAT as the risk is just as great.
I AGREE that there is more to this than meets the eye. BUT WHAT and WHY ?
Why is there no absolute knowing of the nature of the glass and it's supplier?
This is truly bizarre.
Hope you right RET but the absence of information is just quite astounding and infuriating. If glass not from GTAT then form where has it been supplied ?
GTAT knows and APPLE knows. GTAT need to issue a statement or Apple at least need to state the supplier of the glass