Don't waste your hard earned green! Apple tried their best to produce Sapphire and almost bankrupted GTAT trying to do so. The recent agreement is the least Apple could do given their demands of this struggling company. Sapphire screens on mobile devices are more of a pipe dream than any investor ever seeing a return on GTATQ shares. The Internet is full of videos & images of the failed efforts to produce such a premium product at low costs! See this WSJ article of what happened! http://www.wsj.com/articles/inside-apples-broken-sapphire-factory-1416436043
If GTAT could have produced Sapphire they would have but it was simply too difficult & too costly! It's like trying to produce Bugatti Veyrons enmasse!
If you have been lumbered with these shares your best bet is to either hold if you bought at a price higher than a dollar or sell if you bought during bankruptcy. The next bit of news probably means shareholder wipeout. Sure GT Advanced will still be around under a different stock ticker but anyone holding GTATQ will have been taken for a fool by Apple & the shorties on this board. Once a stock becomes a 'Q' it will never return to the Main Exchange ... Simples!
There are hundreds of people who used their life savings to buy GTAT while on the Nas & have lost all their money. It is truly heartbreaking on this board that people are talking positively of this stock which has already wiped out so many peoples life savings at a time of year that's meant for giving.
Please don't misunderstand. There's nothing I'd love to see more than the shareholders who lost their money get some of it back. The reality of it is that Santa isn't real & neither is the season of giving. The only people who get rich in this world are the ones who take, take, take...
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