FB will crawl to new highs maybe around 110ish. Then during the quarter, we back and fill to the high teens. After that this will just keep going higher with the occasional pop to the upside.
Sentiment: Strong Buy
Still, I just wish they got the bugs out to make a clean launch. Now, cancellations.
These threads are just sad. This is a mega-company and these threads sound like people who could not even afford a cell phone, let alone buy an Iwatch. Good grief!
As usual, I get a thumbs down. I have been in this stock for about five years. I first bought it through one of their offerings. It had been $9 and they made an offering @7. It was a solar stock. I quadrupled my OI through buying and selling SOLR_GTAT. The management has always been suspect, imo. I have often been lambasted for making that statement.
A stupid brain dead deal put them out of business. Any way you look at it, if a deal forces you into BK you are stupid. Not you lost money, but you lost destroyed the company as it was known before you made this stupid deal. So now, I get thumbed down by probably some idiot who thinks he's going to get something out of GTAT except a share poke in the eye.
Learn. I also told people repeatedly not to invest real money in this company. I got a ton of thumb downs for that as well. Don't ever put but a small percentage into a stock like GTAT. According to your age, you decide how much that percentage is.
The stock was $11 Monday, now 82 cents. If you can't see from that that it is worthless, then I don't know what to tell you. Apple is not going to bail them out. Nobody is going to give these idiots money to get out of this mess. Nobody with that much money is that stupid.
Very strange happens. A struggling company finally files. GTAT this morning had buy recs from most firms. I have followed this stock for years and now it's worthless. If this happen back when it was bouncing around between 2 and 5, it wouldn't have been a surprise.
All I have in this is house money. I don't know what happens when a company bankrupts. Since it traded below $2 a couple of years ago, could it build another base from here? Or is it just over?
I'm nibbling @8. Just hard to tell with GTAT. Catching it on the way down is very tricky. Still, I would have to start buying @8. If it could build a base here, I could just as easily be happy buying back north of here. I don't think that is how it"s going to go.
I'm watching. I think this has quite a ways to go, maybe 9.5, then down to the $7.50 range. This is not a one-two month event. According to how Oct goes, it could stretch out longer. Long term the stock goes to new highs, but it will be a bumpy ride as usual. Patience will pay. Greed will get you broke.