Somebody dumped millions of shares really quick; maybe IM. Google does have a lot of cash on hand and maybe some of it ended up in his quarter's. You know how accidents happen.
Boy...Since Sept-2008 there has been a different phycology and tolerance level in this market. Its a one sided mentality. No need to kick the dog any longer. This stock has already been brutalized...and if it does not produce this quarter it will only get worse, BUT!!! ...look at what it does have and incorporate a vision of success. Give the Candy Crunch "King" time to redeem himself.
They left themselves with plenty of outs and lowered guidance...Non-GAAP earnings per share estimates for third quarter 2014 from 14 analysts range from $0.40 to $0.50 with a mean estimate of $0.47.
YOUR HERE AREN'T YOU!!! Look at balance sheet and cash at hand. First they had an overkill before and after earnings...right? They have plenty of time to come up with another winner. A layoff would help Wall Street graces, or they just do there jobs and come out with another winner. They still have 40-50 cents of future income for next quarter. More than enough for payroll, operations, and still meet there guidance that they forecasted. You are listening to way too much Wall Street propaganda!!! Wall Street has already kicked them out of there seat. Its not like they are in a Research in Motion situation.
There is either massive fraud going on at these Mining companies, Massive manipulation within the markets, or they are the worst businessmen on the face of the Earth!!! Does anyone else think something does not smell right in the Mining industry?
Actually guys this stock looks REALLY good on paper. Who cares if revenue is down a bit. They have enough cash to buy something from an inventor out there...If there R&D folk's cannot produce go fishing at SG, Apple and Google...I am sure there is someone there that can write sometime to at least rival CANDY CRUNCH!!!
Corporate America is brutal and they OBVIOUSLY DON'T CARE!!! Appreciate your homework. Maybe a trip to Washington may not be a bad alternative. If you were able to find this out or establish a decent hypothesis on what happened you know they have probably covered there tracks. With that said, maybe they will throw a few bucks VRNG's way to spare them the embarrassment...Nah!!!
I'm impressed...NOT!!! He was probably the same insider that got out at $3.15 too. I would not buy any new shares until something official comes out by the company that still shows they can continue operations.
Its not SPAM dude. Its actually a Legit trade...GTAT really does have 35.7 - 40 million shares now, yet it may have been close to 50 million shares short when the squeeze first started and it would have been great to get in last Monday. This sounds like a Hedge Fund disagreeing with another on whatever the real news is.
What are you Guys doing giving someone a thumbs down that just lost 35K. What's wrong with you people!!! I only had 200 shares. I did have 2000 shares a while back. Just did not feel comfortable with that many shares relying on just one judgement. I thought it would lose 50% if the judgement did not go through. 75% + is just over kill, but it may get worse. Shorts may take it down even further. Can't believe company did not have a press release on there options and scheduled a shareholders meeting. This could bankrupt company...Sure hope not.
Investors lost millions and to not have a game plan or direction memo by the company today is unacceptable. That is almost 80% of the company NET share value gone in a minute. You would think they would schedule a shareholders meeting to discuss options...If any?
ESI has 47.7% short interest. I think I will pass unless you have some good news that will reverse that.