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Could be. Anything is possible right now.
"Are we going back to$ 10.00 per shares by the end of this month?"
I don't know... who does? :) I sure hope so for those folks who lost a lot of money here.
Outsource means (for example) having a contract with another company to make your component, sub-assy, or finished good.
In my post I mentioned "all components". If you are talking specifically to glass.. then... for example:
Foxconn COULD manufacture the glass in it's entirety (assuming building, ovens, and talent are in place).
Foxconn COULD outsource the raw glass process, and complete the remaining LCD glass process itself (i.e.: adding surface, self, or mutual capacitance to glass, etc.).
Foxconn COULD procure (or acquire) another company to make the glass as a subsidiary.
Etc. many more options are possible for Foxconn.
Even though Foxconn is a contract manufacturer, all the examples above allow Foxconn to deliver Sapphire and have complete control of the LCD product and process.
At the same time that Foxconn is looking for growth from new services (according to their PRs).
"All the reports that say it is for sapphire production are based off of a single Chinese report which at this point is nothing more than a rumour."
That's incorrect. My post also includes Dow Jones news on how Foxconn is going to turnkey the Apple LCDs in the future. Turnkey meaning they will procure/manufacture/outsource all the components, assemble, test, and use as a sub-assembly in Apple production (iPhone, etc.) Where before the glass was to be mfg/shipped from Arizona (GT) to China (Foxconn). That's not a rumored "Chinese report".
Also, I'm taking all Chinese Foxconn "rumors" as "leaks".. since Apple doesn't have many choices if they wish to continue with Sapphire. Seen it before with Foxconn.
Good luck to you and all.
My post was regarding Foxconn sapphire, not buildings (that's old news).
"That's just rumor"
Looks like it's more than a "rumor". Preliminary groundwork is already underway..
http://www.kitguru.net/apple/anton-shilov/foxconn-to-produce-sapphire-crystal-glass-for-next-apple-products/
http://www.macx.cn/thread-2149547-1-1.html
Also from Dow Jones (accessed through Foxconn's Etrade news Tab..)
Wow, so Apple just killed 600* U.S. jobs and gave the same jobs to China's Foxconn (i.e.: iPhone slave shop).
Stay classy Apple.
(* = whatever the current number is)
If BERGER & MONTAGUE, P.C. had b*lls.. they would sue Apple too.
Just my opinion.
"And GTAT can get on with its original business plan"
I'm predicting this..
GTATQ gets out of BK.. then we see $6-$10 / share.
GTATQ stays in BK.. then we may see $3-$4 / share.
Question is "when".
Very manipulated until any good/bad news comes out. Use caution.
"DROP" instead of "CLIMB"
Can't get myself to buy this anymore. The phycology of buying stock with the name "DROP" just kills me. LOL.
GTATQ Short Sales up 100% Oct.31, 2014
http://www.otcmarkets.com/stock/GTATQ/short-sales
Apple supplier calls iPhone maker a bully
I'm out! Good luck to you guys!
Last few days sucked! Need some 300%+ gainers!!
"...accumulated deficit of $234.4 million"
Recent patent PR and that information can only mean one thing... they are looking to sell all the IP.
"this is only a financial pimple on AAPL's ass."
LOL classic!
"Won't hurt them much financially, but it could certainly sway opinion in the public and the courts"
Well said!
Apple's image has gone down hill since Jobs died. I see Tim Cook getting kicked out someday soon.
Dude.. I don't own shares. Just posted what was in my Ameritrade. What are you talking about?
It showed up in my TD Ameritrade "News" tab/section for GTATQ.
Apple is threatening the Judge..
APPLQ !!!
LOL made you look. :)
Steve Jobs Foretold the Downfall of Apple!
Listen closely and relate to GTAT...
Who is "Jane Heft" in that PDF?
LOL :) I guess I don't :)
"Steve Jobs would be rolling over in his grave if he had any idea...."
I don't think he could have an idea or roll over. He was cremated. :)
I've been trading for over 15 years. I know certain people started trading just last year... right?
It links and shows a pattern and connection of extreme dilution, illegal pumping, illegal dumping, NSS, and now I'm even seeing similar BRND names here too. It's getting interesting.
"yes Tarpon dealt with brnd. what does that have to do with ELRA or the fact that brnd issued fake product/press releases? "
If I really need to explain that, then some people shouldn't be trading OR getting defensive about it.
Very interesting.
"a company hyping fake products (BRND) and a business dealing with convertible notes (Tarpoon Bay) have nothing to do with one another."
What part of the SEC filed BRND AND Tarpon 13G did you not understand?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9883832
And it makes one wonder who at the SEC is being paid to allow Tarpon and others to continue such obvious and blatantly abusive corruption.
Amazing.
BRND Pump & Dump Proof! Just posted this BRND relation over at ELRA..
HOLLY SMOKES!! NOT GOOD!! READ!!
So yesterday ELRA was pumped and today it gets dumped just before a dilution 13G. But here's the kicker...
If you look up the address in the 13G...
Tarpon Bay Partners LLC
17210 Germano Court, Naples, FL 34110
That name and address ALSO shows up in the 13G for Premier Brands, Inc (BRND) !!!
(BRND - a Mexican company - hyped products it never delivered to market!! People lost their butts there. And was HEAVILY diluted.)
Tarpon Bay Partners LLC need to SERIOUSLY be investigated FOR ILLEGAL PUMP & DUMPS by the SEC!!!
ELRA is obviously a Pump & Dump stock. Glad I didn't hold.
PR is problematic...
"Wagering Exceeds 10 Million Dollars for the month of October"
Ok, so people are wagering (betting) more than $10M IN MANILA.
The question are:
* How much PROFIT does that mean for ELRA? Notice they didn't say that. Profit could be chump-change based on Manila casino margin regulations.
* Also, why didn't they mention all other countries, markets, etc. for October?? Only Manila. My guess is there was VERY LITTLE wagering.
Sorry guys, but this "company" that operates out of a virtual office in Las Vegas (and it's exec live in other states) smells like rotten fish.
I knew there was way too much hype last night to place a buy order this morning! It's all about predicting the manipulation.
The days when our grandparents would open up their newspapers, find a good company to trade, and then call their broker to place an actual order in a market driven by demand/supply. People made millions.
Today with electronic trading (and the SEC's incompetence) it's not about good/bad news... it's about greed, manipulation and corruption. And everyone is broke.
Very sad.
"The only recourse for investor losses is to sue the perpetrators of the fraud. "
Agreed. That is the only Shareholder option left.
In other words.. "we are to incompetent to make money any other legitimate way".
HAHA.. good point. :)
** Corning must be PISSED!!!! **
Sure Corning is making bank from Apple screens, but IMO they must pissed that Apple has been trying to replace them with GTAT.
It's like the boyfriend (Apple) told his girlfriend (Corning).. "I'm going to go and find a better girlfriend than you (GTAT)". Later when the better girlfriend (GTAT) doesn't work out, Apple comes back to the original girlfriend it backstabbed (Corning).
I'd LOVE to see Corning give Apple the middle finger. (Obviously it would never happen since money trumps ethics and relationships in business.)