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And the Indian government just announced a planned investment in solar that totaled somewhere near $1B?!?! This is HUGE!!!
Who has that Indian solar investment number handy?
If we follow trend this will drop NOW. If we hold .425 we may week have broken trend. Looking good. And.. yes. Awesome new profile pic.
Now THAT is a great find. Bump!
Your target doesn't make sense to me... If you are long, you should hope the support at .31 never breaks. If it does... There is no bottom. I'll go with .36 and only a touch with some form of rumor which provides temp relief from this downward trend. Trend reversing info to hit on Friday or Monday. If no news... sideways and down until .0?
The judge is making every effort to deejay these decisions to the date of the hearing on the 25th, yes. I know I am an optimist (long again) and this hints towards the possibility of an APPROVED settlement prior to the 25. Why bother dealing with the immediate requests if the paper it's written on can be burned next week?
I'll be a buyer every dip through .31 again. Although... I hope I don't buy any more shares.
I've done a bit of research into the documents filed today. For the most part they are petitions to be excluded from the chapter 11 proceedings. These are companies who believe they have a claim which predates or should be excluded from the chapter 11 proceedings
http://en.m.wikipedia.org/wiki/Automatic_stay
Nope. MMs do this to accumulate more shares at lower prices or to dump shares at controlled prices. Always sideways and down with uncertainty. Only buying pressure breaks the cycle and fur that we require news. GL
Actually... #500 is only in reference to one companies claims. APS which had existing contracts and agreement for which they wish resolution of plan for continuance our payment if what is owed $1.4M
They were NOT included in the Apple deal and require clarity of direction our payment from GT. Ya... good luck with that. LOL
upon further inspection... There is nothing of real interest here. PPS shouldn't be affected one way or the other. STILL WAITING.
Document #500 is the most interesting to me. There is not enough information for interpretation at this point. The other documents are far less interesting IMHO.
No matter how you slice it... #500 sure looks like a joint filling, possibly in support of the Apple/GT agreement proposed. Obviously... The debtors would need to accept or deny the proposal. Unfortunately, there is no direction - just an agreement by the debtors to vote one way or the other, I think.
"Compel debtors to assume our reject agreements"
"...Relief from the automatic stay..."
We need a legal guru... sounds to me like there was a joint filling in relation to response of debtors and whether or not they will accept the Apple/GT agreement. Not sure about the automatic STAY, but in one context... it could be in reference to GT exiting this chapter 11 filling (very optimistic I know)
Lawyer please...
I reloaded my position yesterday, as stated previously... right now it is looking like a good decision. Let's see if it was still a good decision come EOD. Let the ask slapping commence LOL
At this point... it's not a stock as much as it is a speculative gamble. At least here your dd is worth your effort. There are rare times in your life where an "educated" guess can pay you 4 to ten times your gamble. IMHO the chances of making money at this level is MUCH better than the flip of a coin. As far as an investment goes... you could always wait until after the Q is dropped and "invest" in the NEW GTAT
Goodbye to the week...
I predict it will do ALL of that let's hope the up comes last and not first.
I agree with bunny. Watch for volume. I will NOT be waiting long. By playing the rise and falls I have nearly double my position through October November and I have a few more $s to through in tomorrow AM on first dip. I am expecting that tomorrow will be the best day to begin a new trading direction and plan to be fully loaded rather than chase volume.
After a pop to .54 sellers here at .51 think this us going to trade lower all day LMAO. PLEASE... let's leave them in the dust.
Why give away shares prior to the meeting of creditors in two days. Nov 12th is a very important date. If you are owed money by GT are you going to vote to support a plan which allows GT to move forward with the new agreement with Apple. Duh! Yes. So things get very interest Wednesday. By then... you better have all the shares you plan on obtaining at whatever price you can. Maybe higher. Maybe lower. Wednesday is the $#!T or get off the pot day. IMHO https://www.kccllc.net/gtat
They'll shake the tree this AM. I wouldn't be surprised to see .46 again. A few will be scared out of their shares and miss the EOD elevator. Should be interesting to watch. I am not trading today. Hold hold hold.
Not a single institution lists a purchase after the drop. worse yet, Blackrock bought the week b4 BK filling 09/30... ouch! Likely all MMs are pushing for a solution which will allow them to recoup "some" of their losses. Some pretty powerful companies with substantial holdings here
Looking more and more like my prediction of EOD HOD as high as they chase it... .65 was my guess.
Looking like HOD EOD to me...
And now the chasers to .65
A few more and the chasers pile in. .58 is busted, if only by a pinch.
Nice call.
Add long as we hold .56... I concur. .56 is either our launching pad our a week trampoline we could fall through and we are afoot to find out which one it is. If I wasn't already happy with my share total, if be a buyer here.
Why .58 is resistance here is baffling, but it is. Now... We are looking for a higher low and another push "to and through" .58 then up up up. Interesting chart and low low volume. Chasers waiting in the wings. Any king of news whisper and this puppy rockets one way or the other.
This is the days trend line here and now. If it breaks .58 we are golden for the day. If not... more of the same sideways and down. Should be interesting.
Higher lows does not usually translate into a down day. I'm not expecting miracles today, but this is setting up for a run and steady increases today. IMHO once we turn green today we will likely head to .65 quickly. Then the fun begins. GL LONGS. Shorts... I highly recommend you switch hit here.
Going green to .65 by noon IMHO. SHOULD run a bit here...
Here come the buys.... slow and steady accumulation with a few attempts to manage the ask is my opinion. Resistance from .65 to .666 is the key to the day. GL all
Apple and corning in a conference room somewhere... "eventually, we are moving away from Gorilla glass. We are currently spending near $1B in an attempt to move our glass business away from your technology. Sorry?"
"If you want to continue supplying our screens, here are the technology requirements... (see GT). It may be very well for you too study their advancements, if you would like to move in the same direction we plan to go."
"We will be buying our screens from whichever company can provide the following: scratch proof, shatter proof, solar charging capable and inexpensive"
CORNING... "the only product that meets those requirements is patented technology owned by GT. We can not supply you those specs at the cost you require without changing the direction of our entire smartphone glass business. What are we supposed to do now?"
APPLE... "that's up to you."
If a buy out were to happen... it wouldn't be Apple, it would be a supplier. Seeing as corning is THE current supplier and has the most to lose they seem to me to be the most likely suitors in a buyout scenario. If the shift in the smart phone category moves towards Sapphire, don't you think the industry's largest supplier of the declining technology would transition to the trending technology? Now, how would corning go about this transition... how would Apple keep their glass issues under wraps? Wouldn't they want to keep their secrets and GTs IP in-house? Isn't Corning interested in "cornering" the smartphone glass business? And, isn't Corning as good as "in-house?"
Love conjecture
Why wouldn't someone scoop up GT? There is a good argument for a GT buy out... someone wants this technology. Who is most likely to want control off its use? The answer may lie in who has the most to lose.
http://www.digitaltrends.com/mobile/sapphire-vs-gorilla-glass/
Just hitting the short term trend line now. If continuing trend this should bounce off .56 here.
100% all non believers will hop of the bus by .666 and hand their tickets to new longs or MMs. Watch for initial top of .65 or so. Then an interesting finish today .65 to .68 is a BIG barrier
Yup... that's what we said. Beyond .55 to .666 by EOD IMHO
Bid exceeding ask this AM... I'd say you are correct sir
I'm convinced that the iPhone 6 has a flaw so serious it is likely to be recalled if discovered. The bending issue will not continue to go under the radar for ever. Buried within the specification requirements of the contact is likely reference to the need for a more rigid face which would prevent bending. Imagine the impact of the discovery that Apple is fully aware of their current deficiencies. An inclusion of admittance relative to current bending issues may trigger a world wide recall requirement, would it not...?
It was time for a good old conspiracy theory.
We need to climb above .53 to .55. Without that break... lower IMHO. MY PERSONAL BELIEF is... MMs are in the process of switching sides in anticipation of some re-offer. I doubt they will want to be short over night and over the weekend after tomorrow. At some point there will be a change, but not until Apple's direction is gleaned.