short int gone up from 41m to 46 m between jun 30 to jul 15 and price from $18.60 to $15.10..
since jul 15 went down to $14.20 now @ $15.20.
i think we are seeing short covering here
looking forward to this.
in the q&a listen to how analysts try to trip up tim cook about iphone 6 and is it persistent.? these guys will
come at tim from so many different angle that even MR radio silence tim cook may trip up.
what i want to see if there is persistant qustions about sapphire
just as pv cell efficiency took sometime to takeoff it will be same with sapphire. PV efficiency was around 14-15% in 2011-2 .today GTAT has 22% with it's qatar project and jaso is pushing over 20%. . i expect yields
in sapphire to improve . sapphire is coming .
this tieup setting up ibm for secure fingerprint payment system with appl using sapphire's scratch resistant properties. ibm is deeply embedded in global financial systems and all card payment providers will take notice . visa mastercard american express etc.
exciting times ahead
yep. i was in qcor and it got same treatment. there were huge short position something like +30% they took it down from $75 to around $47. recently it traded around $95.
even gilead ( gild) got hammered from $84 down t0 $62. now around $90.
just sit tight.
one thing i learnt while in qcor was people complaining about stop loss being taken out. it used to have
$3 to $5 dip in a day.
my advise don't use stop loss
with such important product launch of iphone6 and others they would have a team embedded with new supplier 24/7 reporting to H.Q .
tim cook is master of supply chain and how to guide in new supplier into AAPL eco-system.
radio silence is the mantra
short interest using overseas firms to kick gtat. difficult for sec to much about this CLSA was pumper of
chinese stocks in 2010 to 2012 chinese stock mania
this is what clsa says according to theflyonthewall
CLSA's checks GT Advanced's (GTAT) sapphire supply to Apple (AAPL) indicates poor yields which is limiting supply and poises a risk to GT's 2014 guidance. The firm expects GT to fix the issues and doesn't see a change in Apple adoption but did lower 2014 sapphire material revenue to $200M from $400M and 2015 to $600M from $750M, resulting in 2014 EPS estimate being lowered to (30c) from 10c and 2015 to 50c from 65c. Shares are Outperform rated.
we are only half way thru 2014 so how do they know? gtat has stated between $600m to $800m for 2014
you mean they had inside info i.e a leak from inside gtat. either it's guess work or it's inside info. first is speculative and second is criminal.
it's getting increasingly obvious that since wall st is not getting any info about new iphone 6 they are using
aapl's suppliers to force the issue.
such concerted effort is so obvious. come.
how does anyone know about low yields ? do they have someone inside gtat ?
then this is inside info and if proven the brokerage houses are open to prosecution
remember gutierez is 65yrs old and has to think about handing over this growth co to new ceo.
maybe this is his exit strategy . reducing his stake in one investment. i think once the sapphire rev
is on track he might want to step down as ceo and say stay as chairman
next year's story
if MELIN gets good review then orders will follow. do analysts attend these meetings?
gtat my biggest pos now. overtake mu
"GT has transformed itself into a highly diversified organization that serves a wide range of markets," said Tom Gutierrez, president and CEO. "This realignment positions our key resources in the geographies where they are likely to be most effective allowing the company to optimize its R&D skill mix and better take advantage of growth opportunities across our many business segments.
"The emphasis here is on efficient use of the company's capital as we drive to accelerate new technology to market, rather than pure cost reduction. As such, we expect to re-invest most if not all of the cost savings derived from the realignment in our most promising growth programs," Gutierrez concluded.
this full speed ahead for new technology to market
market is buying the news
beginning of june were @ $16 ish. now $18 ish .that's moving in right direction. hold on . sometimes it seems nothing is happening . it's digesting big move from beginning of year before next big move up