Replies to post #10328 on GT Advanced Technologies Inc fka GTAT

[pittski]

I disagree. The judge wants the best possible deal, not the 1st settlement. Apple can do better. The DJ is all about shorts, but it'd be too risky for most shorts. I think there will be some, but they'll get burned when the new settlement is on the table. Which is probably what is going to happen. Most shorts know this, but there will be the ones with balls of steel

GTATQ & AAPL already agreed on a structured settlement. Why would the DOJ undermine what they are doing... " Dow Jones moves to request the court to reject GTAT‘s and Apple‘s secrecy request " Sounds like a big short interest is about to happen at these levels.

HAIL!

GTATQ$

[motionjoe]

the settlement is predicated on having sealed documents. who knows what they'll do now. can be the dumpster or the moon for stakeholders.

the settlement, the one that hinged on the sealed docs, was, imo, actually extremely favorable to longs. mostly because of the 150m subordination of apple's interest. in the short term, stakeholders take a hit, but eventually recoup lost equity as the company gets its act together. the 150m was key, because it equals time for the company.

fwiw, i suspect no one will come out looking very good. apple will likely get tangled in a political n tax related nightmare and gtatq management will look like idiots for agreeing to a monopsony (google it).

all of this is IMO only