Replies to post #24783 on GT Advanced Technologies Inc fka GTAT

[bosacker]

Thanks guys

[XenaLives]

FMR owns over 10% of GTAT, additionally, they have convertable debt and want to buy more....

Pretty solid positive indicator, IMO.

[SirBika]

What is also interesting is they bought more even after news was out that the iPhone 6 was not going to use sapphire so they must have picked up more shares after 9/30/2014 and up to 10/06/2014 the day GTAT filed. Does that sound correct?

[RichardGamingo]

FMR/Fidelity did not file for significant claimholder status.

The judge was specifically told that Fidelity does not have significant claimholder status, he was told this by Fidelity's counsel at the most recent hearing

Not to mention that they file this amended holdings report the day after the judge allowed them to trade covered claims. This is impossible for FMR to have more than doubled their position from 4.8% as their pre-amended 13G reported to the more than 10% today.

i.e. FMR has committed a crime, violating the stay, failing to report their ownership stake

Best Regards,
RG