It's like the early stages of the grief process. At first it's sadness and disbelief. Then it's anger and self-demand. Then it's resignation and resentment. Then it's reconciliation. One thing that's common to all the companies that I watched go through this: the shareholder always loses. We may make a few pennies back. We may make a dollar back. But we'll never see most of our money again. And I don't think that's Apple's fault although they may have been the agent of GTAT destruction. It's GTAT management that's at fault. This was a failing business and they went for the hail Mary and the ball was batted down at the 40 yard line. They figured it was worth a chance. Maybe it was. But they failed and we are left with the empty bag. We are sad and angry and resentful. But we might as well prepare to reconcile to our coming loss. If we get a few pennies back on the dollar, great. then we can celebrate. But I've never seen it happen and I don't expect to see it happen now.
It may get interesting but I don't believe it will help shareholders from before the bankruptcy. However we should sell some interesting trade volatility at these levels if one is nimble and gutsy. Otherwise, there will likely be no recovery of our losses. Best to move on and not waste your time. However, if you're hold worthless shares, might as well wight and see. It's a lottery play with maybe better odds. Good luck.
These arguments are silly. You can argue all day about sin and choice and genetics, etc. The fact is evolutionary science teaches that we are made to procreate, strengthen the species and the fittest among us will survive. There is no place in evolution for social engineering. And if you believe that there is a homosexuality gene, no science has detected one, nor does evolutionary science predict in any form that there should be one. So if Tim or anyone else wants to be gay, that's their choice. But it is exactly that: a choice.
That's a dangerous lie - either yours or someone else's. The dead sea scrolls never address the new testament books nor quote J. Further, any casual new testament knowledgeable reader knows that J never says anything remotely along those lines. Finally, the dead sea scrolls are not even close to the oldest copies of the original manuscripts.
LOL. Nice to accounter and ol friend on dis board. AAPL to 92 next week. Sell everything and buy GTATQ that gune down to mash to.
Two of the many reasons this is completely wrong: 1) CurrentC only connects to your checking account - a no-go with a huge number of people who are afraid of theft and 2) CurrentC was hacked the minute it opened, justifying the reason 1. Watch and burn...
Well Hal, all that would make an interesting Lifetime movie but in this economy none of it matters. There may have been all kinds of behind the scenes negotiating and pleading and likely Apple knew where this was likely heading. Most Apple suppliers are completely vulnerable accordingly and they know it. They have to perform to survive. As with ALL those contractors Apple had an airtight contract with GTAT and GTAT didn't perform. Apple pulled the plug. It's not a "Fun With #$%$ and Jane" happy ending but we have to take our loses and move on. Throwing good money after bad didn't make sense to Apple and it shouldn't make sense to us. There may be some trade space left here (which is why I'm here) but I don't see an investment here. Anyway, good luck.
I've checked out his post details and they're all substantial. So because he makes the long case you think he's a paid pumper? Or is it merely that you're a short?
Best of luck to you but I think you're going to need it with GTATQ. I just don't see it. But you may be right.
These vultures never seem to tire and the supply seems endless. Problem is we never get any positive news headline. I suspect the company lawyers are telling PR to lie low for the time being. Meanwhile I'll sell calls.
I bought the stock at 7.29, sold $8 Oct calls, collected the $, sold $8 Nov calls. My cost right now is about 6.20. Only have 1000 shares but I think this is worth the risk. Good post and good luck.