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Nope. No link. It was a pretty big deal around here when it happened, but no matter. Thanks for the input. I appreciate it.
6 months ago when I was following the board regularly and RG was trying to get people onboard with an EC, there were many here who disagreed. Many reasons were cited including the hiring of the legal team who preserved equity for AA, as well as a wipeout being unlikely based on the value of the company, furnace sales, etc. (I'm going by memory if that's slightly off). So what's changed? Why was an EC now desirable?
A lot of people jumped to conclusions, and even more followed. Added 1/3 to my position @ .155
Haven't been following GTATQ too closely. Not into the day to day drama, particularly from shorts and paid bashers. Having said that, today's news seems like substantial progress in what feels like forever. Good luck to all the longs who put in so much time and effort here. When I do check in, I see all the old names and it's as if I never left. Holding with you whether we fly high or crash and burn. Here til the bitter end.
Thanks for the response Cents. So mid to late fall at the earliest. We've waited this long......
Thanks Xena. I kind of figured as much. Thought maybe those of you following the docs had a better idea.
Anyone have a realistic timeline for this being resolved either for or against shareholders? I'm talking finality. Either back to the fair value at $6-7 (unless something has changed there), or cancellation and re issue.
Thanks B. What's the consensus on a new timeline?
In February the sentiment was back to $6 or $7 by June. What's the holdup now? Revised timeframe?
Have we finally reached the moment of truth?
I think we should see increased vol back to .38 Opportunity for non believers to play the gap and/or cover.
Conjecture. But that’s ok. We can disagree on opinions all day long. The fact is that last time you came around GTATQ jumped 120% after bottoming. Had a nice little payday selling some .26’s, so.... good to see you again.
Funny how the judge agrees with GTATQ
ACTUALLY GTATQ IS ABOUT SHEDDING AN OPPRESSIVE CONTRACT. SORRY.
It’s my busy time of year as far as work goes, so I haven’t been keeping up like I should. I know the judge gave RG a beat down.... but what are we waiting on now? Whats the next step? Any ideas on a time frame when we’ll know one way or another whether commons survive? Much appreciated. TIA
Have not seen vol this low since.....
I agree. Unless we’re going back to the fire sale idea, which never made sense given potential demand.
Any comments on CRT’s assertions? Didn’t see any on first glance through thread.
http://finance.yahoo.com/news/crt-capital-comments-gt-advanced-151555145.html
5 minutes in he’ll be laughed out of court, never to appear again. If it even takes that long.
Nah. He has enough rope to hang himself twice over. If he is also Tarren Faloh, then we’ll know it when he lets another Lebowski reference rip. My money is that the guy is making a GTATQ documentary behind the scenes. Sort of a Michael Moore vs. Sacha Baron Cohen mashup.
Would need a negative catalyst to cause such a drop at this point. Way too much support @ .37+
I had a legit question that directly pertained to a thread of 15 or so posts regarding RG and GTATQ. Larry was kind enough to answer it with a PM, so all good.
I heard RG’s off topic.
Unable to PM Larry, but got it. Thank you for taking the time.
Is that a green candle?.... or are you just happy to see me?
You’re about as far from FACT as you can get with that statement. GTATQ is not a typical BK. Here, let me help you. This comes directly from MR. Webster...
Fact
noun
1. something that actually exists; reality; truth:
as in: "Your fears have no basis in fact."
Still here Doubling Down on GTATQ and the hotties.
It would certainly be indicative of accumulation.
On a side note: Any chance that setting the equity hearing so far out is to give time for things to work themselves out, therefore making a committee unnecessary?
That's the fake list. The real one includes:
000 - “Who took my last f***ing Redbull?"
667 - "The neighbor of the Beast"
and the infamous...
911 - “I just shat my chair."
BS Bob must have bought in again
Swear it wasn’t me.
Actually no, they’re not. There has been TONS of DD on this board over the past couple months referring to GT’s Hyperion technology, a solar deal with Waree, many, many patents that it looks like AAPL was trying to shake out of GT in exchange for additional financing, on and on and on. GT is ready to hit the ground running the second this fiasco is over with. GT was trading in the $6 range BEFORE AAPL deal. Multiple dollars here shortly.
It’s hard to believe for a reason.
Desperate hit piece by someone out of the company since 06’ who has no more info than anyone here on the board.
http://www.nhbr.com/December-12-2014/GTAT-co-founder-Kedar-Gupta-Apple-deal-was-a-Hail-Mary/
That might be the best news to come out of yesterday. If it’s true.
There’ll be no more “tanking” because there’s no one left to sell. 90% insty owned, court ordered to hold. Shorts with half a brain began covering ahead of court Monday. Found the bottom yesterday, up from here until gap and run on news.
What the hell would a guy who’s been out of the company since 2006 know? This is nothing more than a timed hit piece.
Couldn’t agree more. Even with the strong likelihood of a positive outcome for shareholders, its a gut check. The unknown is too much for most to get in before anything concrete comes out of court, hence the drop in SP.
GT shares are no more than call options at this point. All or nothing. That should’ve been (and I think is) basically everyones take here. Its win or lose. If you get shaken, you shouldn’t have been here in the first place. The DD is positive. Court docs have been positive. Assets greater than liabilities are positive. Business going forward is positive. Including AAPL saying it still wants to work with GT. Weird that the almighty AAPL would make that statement for such a lowly company as GT, lol. So keep doing what you’re doing. The share price the day GTAT drops the Q has nothing to do with the value of the company the day after. Whats the difference if this is at $1 and goes to $10 or $.01 and goes to $10? None, except the chance to average down. GLTA.
LOL. Thats because when you’re trading for dimes a second job may come in handy. Everyone here is into dollars.