Will mean that GTAT will not have those revenues as early as thought. Looking for a pullback so a lot of shorts still in this can get out. If long term investor do not get excited about this bump in the journey.
Reported a net loss of 72.9 million yuan far worse than the 18.6 million yuan expected. They even guided lower for the next quarter. Really this think should be tanking but some big brokerages must be in this heavy.
Adjusted earnings were $.14. Still a very big miss from consensus of $.21.
I sure got this wrong. I did think that they would beat. This is a serious miss. If big money really piled in here before earnings it may not go down too much as they may keep it up.
This was a miss of $.68 and the stock only dropped 4.56 to 15.05. I'll leave the rest up to you.
In the afternoon for quite some time CMI has not moved up. EX dividend date is tomorrow so maybe today is different. We will see. Starting to move lower now.
Covered at 37.60 as YHOO did not continue down when it hit 37.50. I may be getting in long after all. We will see what it does this afternoon but am waiting for 37.75.
Analysts saying to buy for dividend yet they are shorting. Still in it's downtrend of making lower lows and lower highs. Still waiting for that trend to change before going long. I did cover my short earlier so have no position now. GLTA
Now there are a lot of buyers in GTAT. JPM is going to have to collude with someone to stop this from going up too fast. Can they do that? Of course! The SEC does nothing about it. The SEC even comes out with a malformed reason that there is not too many naked shorts. Before the day is out they may even be able to bring it down some. They may be able to get a rumour out that there really is no sapphire in the AAPL product. In the long haul GATT will move higher. Be patient!
Purchased GTAT back on Aug. 5th as an investment. Yes nice gains to be had now. In all my other trades I have taken profits. I do think that this stock is going to go much higher over the next couple of years. AAPL doesn't throw their money away. They have invested a lot of money into GTAT and they plan on making good use of that investment. They did not invest that much for one quarter or half a year. GLTA
Do not believe that you shorted at 16.48 on the 11th. This stock will not see 13.00 again. AAPL has invested in GTAT themselves. IT reached 18.41 today and yes wall street may collude to take it down some to make a few dollars but it will be much higher come the end of the year.