vlad.adrian

GTAT - To live or day

NASDAQ:GTAT   None
205 10 5
GTAT filed today for bankruptcy. Trading was suspended for the beginning of the day, and when it was resumed, the stock plummeted 92%. Now, this company will either die or put in a bottom. At these levels, this stock becomes interesting.

Sorry for the typo, it's supposed to be 'to live or die'
Then the next iphone comes out saying it will have sapphire screen covers, and the hype starts all over! That is if the company can stay afloat long enough.
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It is too early to buy again, first let's see a bottom.
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Buna Ziua Vlad,
by the way, some stock can go to -ve value, any idea how it can be traded?
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vlad.adrian jangseohee
what is -ve value?
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jangseohee vlad.adrian
like -0.50, -2.0 ...
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vlad.adrian jangseohee
I have never heard about that, sorry. I did not know that a stock can be worth less than nothing
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jangseohee vlad.adrian
Ok, nvr mind
DJIA struggling at 17000....
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H&S then kaboom!
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vlad.adrian jangseohee
The signals were there before the H&S. Obviously, I didn't expect it to go down so fast and so heavily
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jangseohee vlad.adrian
True, stop loss is useless because the slippage is too fast!
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