The overall market is obviously under pressure so there will be pressure here also no doubt.
That said if Management paints a better picture for 2015 then the stock will find a floor unless stocks are totally out of favor.
If they were once again ahead of the market in signaling softness and a lack of visibility than your prediction will be correct but that would not mean it's SILC specific just as it wasn't in 2008.
That payment should have nothing to do directly with earnings as it's a loan and not revenues.
Indirectly getting that payment probably means they are generating more revenue with Apple in either this quarter or a coming quarter(s) since we do not know what the operational metric(s) that GTAT has to reach in order to receive it.
Suspect to what? Have you noticed how Wall Street works? They are 100% unethical. Do you think the guys that upgraded GPRO the last few days would buy and hold that stock with their own money at its current price?
If you do I have a bridge to sell you. Wall Street is as crooked if not worse than its ever been.
You posted it which means you must think it's a credible source.
It's quite the opposite if you haven't figured it out yet.
Yup. His last article was as long as War and Peace and perhaps he used it to unload.
Then again, if he loved it at $12-$14, he should really love it in the pre market at $7.
That was most likely not a sapphire cover. We already know that the Iphone 6 cover was not sapphire so let it go.
The question is how will sapphire be used going forward but the more important question is is Apple buying all the sapphire that GTAT can produce in Mesa either now or in the very near future. In the short term that is very important for this company.
OK TG/GTAT, tell us when the business update is, hopefully a day or two in advance of it perhaps. Might we find out tomorrow or Tuesday?
What are you talking about georgesmarsh? dussmiller posted 2014 estimates and you believe they are 2015? Just to be clear the last guidance we have from TG for GTAT are revenue of $600M-$700M with NON GAAP eps of $.12-$.18.
I believe the last revenue guidance we have for 2015was about $1M but we do not have any eps guidance as of yet. TG had stated that 2015 guidance will be provided I'm sure for both revenue and Non GAAP eps on the Q3 conference call. He also provided 2016 guidance of at least $1.50 Non GAAP eps.
Now all that said we will have a business update from GTAT next week, most likely latter end of the week. Perhaps guidance is revised down and/or we have some other news.
A few things, I had posted the same thing about the update being about Merlin and Hyperion per TG's comments during the 2nd Q CC but others have since posted that IR told them this update is not about that. This is 2nd hand so I don't know that it's true.
We were also supposed to see orders for some of the new products for Q4 and we haven't seen any such thing yet, Merlin and hyperion I believe
While I would love for the update to say that they are totally on track I think we should be prepared for what dach's very logical post below.
Hopefully not all bad news and enough good to at least stem the tide.
It could be 100% positive but I would not go in with those expectations.
As red stated, chelle has been bullish on the company in the best of times and also in the worst, so while you are bashing her, you could have picked up shares at the bottom based on her bullishness.
You can't have it both ways but you can 100% take responsibility for your own buys and sells.
Yes, it will be like mischief night when the drones start dropping eggs on people's heads.
Actually, I doubt it but I did see a drone headline today about DHL possibly beating Scamazon to the punch.
Having some level of room to operate is always necessary.
Other than being short here I am in reverse ETFs for the Nas 100 and I have calls in the reverse ETFs for the S&P, Dow and the Russel and just bought the reverse ETF for the Nas 100 yesterday out a few months.
I am still in my longs but have raised some cash.
I have been trading the RWM (inverse Russell) in and out for a while now as the Russell has diverged from the larger indices for quite a while.
I know people always look at sell-offs as an opportunity but barring more FED nonsense QE is ending at the end of October. In all the other ends of QE the indexes sold off.
If we have a strong GDP tomorrow we might see a sell off. If it's so so or bad, the market might celebrate as the markets have been totally dependent on the Fed and world wide the Central banks.
Funny you mention GPRO because I had that on my list to take a look. As you know you generally have to be very careful with a MOMO stock that still has MOMO and a large short interest. I will take a look at it. I looked at the VIX many times over the last 4 trading days and did not pull the trigger unfortunately. Generally you have to trade that but in this case you may be OK for a little.
I'm pretty sure it's the same one although I have mytek and his 1000 handles on ignore.