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CEO sold millions worth of stock this year.
http://www.secform4.com/insider-trading/1394954.htm
GOT to watch out for those insider selling and disposition. I did not even check until now. It went way back late last years where the selling has begun.
No Sapphire glass in the Iphone 6 was the big warning. Why is what they were keeping from everyone so they could sell their own shares which is recorded before the Iphone 6 came out. What crooks
With sells and buys volume almost equal size..hmmm.
11.7 mill UNKOWN.
$GTAT
If apple buys them, they will have to take on the debts. not quite sure it is worth doing so. However, speculation will drive this one for couple of days and things will start to settle and a clearer picture will emerge.
62,000 Trades so far..........et z
I guess that means it reopened, dontcha think?
Yep. That is truly sad.
The closing today will tell how tommorow trading will be.
$GTAT.
Tomorrow should be worse. All the 9-5's that didn't have stop losses will be selling in the am.
Lets see how further it will dip around lunch time. It may hit 0.5
$GTAT
This facility is like 15min from my house, have alot of friends who work there... work did slow down from a year ago From what my friends told me
It stops and starts every 3-5 minutes.
Surely like said before...GTAT was for scalping until news...This news was not what anyone expected.... Had a bad feeling when they delayed the 29th update...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106533024
Buddy was thinking of shorting it at 10........don't know if he did, but that's a 10 bagger on a short.......lol......z
Those form 4's are really smellin' like SEC investigation now...
Under $1 menu....will get over it for surez just to stay listed..
GTAT - Won't go extinct.... Apple alone would buy them just for the watch....they dumped a few hundred million into them already..
Major blood bath.............bounce radar.........$$$
Anyone else think this is a great buying opportunity? I cant see this company actually becoming extinct.
Isn't GTAT a buyout target and worth a buy here?
I was thinking the same. Or maybe they'll keep them afloat till the next iphone.
BK announcement
What's going on here??????!!!!
Wow - Glad I lightened a while ago ...Yikes. Is this halted
Wouldn't be surprised on that...
Careful they could halt this any time if your scalpin''....
Grabbed some low...risin'...
Holy smokers......BK.....that would be a catalyst....
Wow! Glad it never hit 9.50
Wow that analyst saved people some money finally when he downgraded at $17
$GTAT,...GT Advanced Technologies Inc. and Its Subsidiaries File for Bankruptcy Court Protection Under Chapter 11
Expects to Continue "Business As Usual" With Approximately $85 Million of Cash on the Balance Sheet and Plans to Obtain Debtor-In-Possession Financing
http://finance.yahoo.com/news/gt-advanced-technologies-inc-subsidiaries-140858502.html
===========
In a stunning announcement, GT Advanced (NASDAQ:GTAT) says it has "commenced voluntary cases under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire."
GT had just $85M in cash as of Sep. 29, and is now seeking debtor-in-possession financing. It observes the Nasdaq "may temporarily halt trading in the company's stock pending the receipt of additional information on the company's financial condition."
No details have been given on what changes occurred to GT's relationship with Apple (if any) to bring about the filing.
Shares remain halted.
Strange - " quickly ramping Arizona based sapphire materials business"
something must have gone sour with the Apple deal...
This doesn't sound good! Ouch, looks like I will be at a loss in this one.
BK - Unbelievable - most amazing play ever lol
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