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the best option for this is to be bought by some other company. current leadership is not capable of handling this business.
GTAT earlier told court that it can ship furnaces within 3 days after court approval. I think that Furnaces sales were approved on Tuesday.
May be they buyout SIMH for good and clean this for good.
It means that GTAT and Apple will be working together in future for mutual success. IMO: IPHONE 6s or 7 will have Sapphire cover and solar charger cover. I will buy that one now for sure. I have been waiting for that since 2013 when GTAT and Apple signed the contract.
nice one!
I think that most of these are day traders and they sell as sooner they are able to make few pennies per stock.
I think that load before it hits .60
Thanks to everyone for their contribution at this board. I am glad to hear that things worked out between Apple and GTAT and they found the common grounds where they can work together for mutual success.
it's a good time to resolve issues between GTAT and apple and look for common grounds where they can work together in future for mutual success. IMO
I do not agree with you on this. If you have time then read the contract between apple and GTAT. It clearly shows that Apple wrote one sided contract and they covered their side and left GTAT to pay for every damage even it caused by Apple's team. I do not call this a partnership. Apple had done this with other suppliers in the past and suppliers produced at loss for apple. The most recent example is INVN. Apple's Mesa project started with bad power supply system which is Apple team's part. GTAT was taking losses due to bad power supply system and apple's involvement in its day to day operations. GTAT decided not to produce at loss for apple and save company from going to chapter 11. IMHO
You are right; playing hard would not help Apple at this time. It is good for apple to resolve and keep its competitive advantage in the market.
I agree that Apple can drag it for long term. Do you think that this case is helping apple at this time? This is not my job to review impact of this case on apple's or GTAT's reputation in market. But dragging this case in courts for long will open more apple's secret business contracts in news and media. Apple's team would know more about their contracts language and conditions and they can guess that opening all those contracts clauses in court and in public will help them or not. Its their call to look what is best for apple in the long run.
no one would know beside Keith and his team. If they can get 500K orders in first few weeks then I can assume that they might have more orders by December 15th.
I read about backlog of $ 500K orders. Who placed those orders?
They filed for this Patent in December. I thought that they might have already filed for this one.
GTAT Corporation
GTAT Corporation Patent applications
Patent application number Title Published
20140355126 MOBILE ELECTRONIC DEVICE COVER PLATE COMPRISING A THIN SAPPHIRE LAYER - An electronic device comprising a cover plate is disclosed. The cover plate comprises one or more thin sapphire layers having a thickness of from about 50 microns to about 500 microns. Also disclosed are methods for preparing these thin sapphire layers. 12-04-2014
you are right. finally others are finding more information about hidden agenda of big fish trying to eat small fish.
I hope so but he already brought Trojan horses in this company by receiving money from them to pay off loans of this company.
9:38 p.m. update: The House passed the spending bill 219-206.
I see another document to make Equity Committee. Do you see that?
They should ask them that why did they decide not to provide backup power source and not to have a stable power supply. what was the reason behind it and did they try to understand the impact of this in the day to day operations and performance of the furnaces. These questions will explain a lot about their plans and motives. If they said no or gave vague answers or start making up reasons, like some other company was doing this and that then it will explain that they were not looking for the success of this project and goal was something else.
you are right. is this possible? I saw that he did same in last year and never got caught. I heard that it is all legal in this OTC world.
You are right. I think that both GTAT and APPLE learnt lessons from this contract. I am hoping that they will add proper safe guards in contracts and avoid these Unanticipated surprises in future and resolve issues internally.
If they are making good money thru sales and funded R&D then buy back some stocks at this low prices like other companies do to increase PPS and build investor confidence. This will increase investors confidence and if we hit higher PPS then more institution investors will join. Beside these, when we are out of OTC then INTEL, COO and other joint research companies will say openly about joint research instead of hiding joint R&D news. IMO
In my view, they want to come out of OTC so big companies can say openly that they have products ready or joint products with EPGL.
Welcome back Lion. I am holding all and waiting for the right time to add more but currently watching the trend.
Apple Exec To Give Deposition In GTAT Bankruptcy
http://www.lexisnexis.com/legalnewsroom/technology/b/newsheadlines/archive/2014/12/03/apple-exec-to-give-deposition-in-gtat-bankruptcy.aspx
very simple answer: FMR knows that there are higher chances of price change and possibility of making money from GTAT stock now then apple. Apple Stock would not jump few hundreds or thousands percent in few years but GTAT can have that jump very soon. I guess someone read my message that even APPLE investors can come and enjoy the ride with GTAT investors when we fly high
Most of the apple investors want to make money and they go with money not company. GTAT stock got potential to spike few thousands percent's in near future. IMO
BBC news Ebola Crisis:
1 December 2014 Last updated at 05:06 ET Share this pageEmail Print Share this page
Ebola crisis: Huge risk of spread - UN's Tony BanburyBy Mark Doyle
BBC international development correspondent, in Freetown
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Tony Banbury: "The goal is absolutely zero human cases of Ebola"
Continue reading the main story
Ebola outbreakHow disease spread
Search for cure
Into Ebola heartland
The basics
The head of the UN Ebola response mission in West Africa has told the BBC there is still a "huge risk" the deadly disease could spread to other parts of the world.
Tony Banbury declined to say if targets he had set in the fight against Ebola, to be achieved by Monday, had been met.
The targets were for the proportion of people being treated and for the safe burial of highly infectious bodies.
The UN boss was speaking in Freetown, one of the worst-affected areas.
On Sunday in Sierra Leone's capital, bulldozers were clearing large areas for a new burial ground.
At the clearance site, near a rubbish tip, car after car was arriving with bodies, and several hundred workers were digging graves.
In October, Mr Banbury told the UN Security Council that by 1 December, "70% of all those infected by the disease must be under treatment and 70% of the victims safely buried if the outbreak is to be successfully arrested".
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Andrew Harding returns to a British-run clinic criticised for not taking enough patients
This interim goal - the ultimate UN goal is zero Ebola deaths - was set to try to bend down the upward curve in the graph of cases.
Mr Banbury said the 70% targets were being met in "the vast majority" of areas in the three worst-affected countries - Guinea, Sierra Leone and Liberia.
"But in some areas", he said, "including here in Sierra Leone - especially in the capital Freetown and in the town of Port Loko - we are falling short. And it is in those areas where we really need to focus our assets and our capabilities".
line
Ebola burials
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Many volunteer grave-diggers in Sierra Leone have seen their pre-Ebola jobs disappear
Bodies still contain high levels of the Ebola virus
At least 20% of new infections occur during burials, WHO says
Relatives perform religious rites including touching or washing the body
Safe burial process involves observing rituals differently, such as "dry ablution"
Volunteers with full protective clothing are trained to handle and disinfect bodies
I heard that some of the APPLE supplier was looking to buy GTAT furnaces. Do you have any idea which supplier was interested in that. GTAT also submitted papers in court that furnaces are ready to go to some company and they are looking for permission from court. which company is receiving furnaces? Is this FOXCONN or some other company?
I am hoping that shorts will cover by Thursday EOD or may be earlier.
old news.
it has nothing to do with santa clause. Its just marketing, advertisement and PR. How do you look in front of others. this is part of business and required to keep your market.
IMHO: I think that GTAT is going out of BK with all shares in contact. Neither GTAT nor Apple want to wipe out shares or close business here and lay off people around Christmas. It will be huge PR disaster for both companies. everything about this case is in media and news so I do not think any of these companies want any PR disaster for them. both of these companies want to look good and save Christmas for fellow Americans and I hope that they will do so.
with republicans controlling congress and senate. I would think that DOD will good budget for defense programs.
thanks Stockforce.
Thanks RG. This proves the power outage problems and its impact on the furnaces and production of sapphire. Thanks for sharing. Its just another proof and confirmation that Power supply was not according to OEM recommendation and it was really impacting the equipment and production of product.
He is talking about wellington selling during 30 june- 30 sept. but look at buying between 30 sept and 31 oct. Apple and GTAT negotiated deal on oct 22nd which shows current situation. He is not talking about buying activity of fidelity and other funds between 30 sept- 31 oct
check the link below. click on business profile . go down in the page and click on top holders and then movers. when you check movers then you will fidelity on top bought about 10 million between sept 30-oct 31. you will also see more fund buying.
http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=GTATQ:PKC
Movers tab down by institutional holdings. Top holders/Movers
http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=GTATQ:PKC
Movers tab down by institutional holdings. Top holders/Movers
check movers section from sept 30- oct 30