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Sticking around at 2.75? Or waiting to get back to 3?
Thanks MattySR! Never heard the term before.
Additionally, this seems way too "structured" or "intentional" to be a "last ditch effort"! I'm just wondering if this hasn't been the plan for a long long time now. Work out the deal with apple and then unload... Takes some pressure off of GTAT and allows furnaces to still change hands. Hoping all of this is positive for us.
I like that they can pull any ASF at any time for any reason OR if it doesn't meet the minimum threshold (limit auction)!
What the heck is a stalking horse though?
Why the immediate drop after the report today? Seems good to me.. Did it fall short in some way?
Thanks for clarifying Xena, I guess I missed the 50% thing.
So, is this a good thing, or a bad thing? It seems to be like it could be good overall...
So what sells at auction goes towards apple. What doesn't sell, apple keeps and scraps. And GTAT is released of the debt? Sounds like a good deal to me. The downside is missing out on the potential millions that would have come in if the ASFs had sold straight up... But being closer to zero has to be better for us than being at negative 500 mil. Right?
I could copy and pasted this! 100% my experience. I still have most of my shares stuck there (CapitalOne now) just waiting for my exit haha.
Whoops. Where'd the floor go?
Irony: I'm currently in the red further with Apple than I am with GTATQ.
I know I bought at least a few thousand around .80. I was in panic mode hoping for 2.00-3.00 from there. Little did I know we'd soon see .07 haha.
I wish I could understand all these fancy charts. I get some of it, but I feel like I miss, or misinterpret most of it :)
Everything took a dip today. We're good for a while I believe.
Wouldn't the Sapphire conference be the perfect place to market/sell a could hundred ASFs? I mean... it's gotta be a little bit like selling hot dogs at a baseball game. Pretty convenient that they're being packaged up and will be ready to ship by EOY or sooner.
Happy for you! I'm half way there!...
That's my thought, a leak. Let's just hope it's as good, or better, because I have to assume a good portion of the volume is based on what's going on, and not actually based on the leak. A bunch of folks jumping on a surging bk penny stock (I'd like to think we all know better).
This makes me so anxious... what the heck is going on?!?!
Doing a happy dance, and at the same time waiting for the sky to fall.
If there's ANY truth here and some PR follows, I could see a bunch of people jumping on the, "this penny stock is going to explode" train...
Actually - I just did a little googling myself. I think they meant, "Yole", as in "Yole Développement".
Still no idea if there's any truth to it or if they were just trolling.
http://www.cioe.cn/en/International%20Forum.html
I saw those mentions of GTAT and Volpe earlier, and my initial reaction was they were either trying to mention Volpe, knowing GTAT has some serious devotion and lurkers... or pump GTAT... there wasn't any follow up and they suggested you could, "Can google article yourselves". I take everything there with less than a grain of salt.
Correction, I have no idea :)
Yes! Exactly, we have no idea the value or worth. Hoping for the best!
I agree. This is like someone selling their fishing boat to help their family get out of debt. It's not that the boat is worthless, it's just they have a bigger goal in mind and are forward thinking.
Assuming there's a nice price tag on Hyperion, this could be great news!
Holding for sure! It was tough to hold through the pre-ER dip, but we're looking good for a gentle ride up now!
Looking pretty good today, hopeful we become stable and see continued gains toward $4.00 this quarter.
Time to ride!
He may have been referring to my post about what the 6% figure represented? I was just intending to question if that was an absolute or if it represented a figure that would have changed... Not sure if that makes sense of course :)
Wasn't that 6% as of nearly a year ago? Or is that still a current number? At this point I honestly don't know if gtat completely halted sapphire production across the board, when that happened if so, or if they scaled back. Obviously what apple will be using (if the leak is true) had to come from somewhere, 6% might be enough for the camera covers in limited amount but what would be the point? Unless they were just using up what the had because they had it. It either points to something bigger or its completely meaningless I guess.
Has Apple ever been know to do something "limited" that wasn't a money making/marketing ploy? Maybe this is just saving face after the gtat bk...
I did see this... Looks like at least SOME sapphire use.
http://www3.forbes.com/business/massive-iphone-6s-leak-reveals-11-new-features/9/
I'll be general, but aren't the furnaces what got GTAT in this mess? The huge loans to facilitate developing, improving, enhancing, etc the process and the furnaces are part of what that yielded. If we sold every one of them and that only covered 75% of the debt... imo that's a good position, because of all the other tech under GTATs belt.
The only way to eat an elephant, one bite at a time. Get the debt gone or reduced and everyone will breath more easily.
I know that's not a perfect road while in BK... but it should go a very long way for everyone's comfort level, business dealings, inter/extra company relations, etc. etc. etc.
Yeah maybe so! Things seem a little stalled right now awaiting earnings news... Just surprised the pr lately hasn't done more. With a high target and good news? Seems strange!
Are you thinking Apple still has some desire for sapphire for phones? Doesn't seem like the watch had had as great an impact as they had hoped (now they're saying 2017??) I know others have outlined scenarios and "what if" this and that. I mean, if they did move to sapphire, that would help with the furnace sales, amiright? They'd effectively get their money back from GTATq and maybe even get the glass for less from China?
These are probably old thoughts, this just happened to all come back to mind.
It sure is quiet here for all the potential I'm seeing. It seems like big news is treated like small news... Is there something obvious other than a little insider selling that I'm unaware of with ACLS???
So... I'm a lurker back from BK day 1. Just thought I'd post, finally.
I'm a bit of a stalker of anything Xena posts, because that gives me hope. Doing my own DD, but most of you share your findings before I find it. I'm a bit of a noob investor that jumped on GTAT early on because I assumed if the iPhone 6 went to market using Sapphire we'd be rocking. I've bought more shares several times on the way down, and if we actually get to .09 like Uptick says (haha) I'll likely buy more. Recently opened an account at TDA because ShareBuilder (Now CapitalOne) won't allow purchases of GTATQ any longer.
So, there's my simple introduction. I don't have much to offer, but I appreciate all of you being in this with me :)