Not participating in today's gains enjoyed by at least some solar players is GT Advanced...

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jjjorgen Comments (251)
 
Absolutely ridiculous valuation currently. Amazing what a large short position and hedge funds can manipulate a stock in such a fashion!
17 May 2012, 04:29 PM Reply Like

Atlanta1 Comments (5)
 
I'd advise listening to the playback of this morning's earnings call.

The dip this afternoon is one helluva buying opportunity - it is a knee-jerk reaction to the Dept. of Commerce tariff announcement. GTAT addressed this in the call and expected an over-reaction, but they claim that the impact will be minimal.

GTAT supplies a lot of the Far East manufacturers with capital equipment, but they have been aggressively diversifying away from the solar market.

This is a classic over-reaction, and somebody is going to make a lot of money from it.

GTAT is cash rich and profitable.

the baby is being thrown out with the bathwater here.
17 May 2012, 04:36 PM Reply Like

jjjorgen Comments (251)
 
I listened to every word this morning, and strongly agree!
17 May 2012, 04:45 PM Reply Like

ALincoln Comments (5)
 
Hope you're right. I own a lot of GTAT and am losing my shirt on it.
17 May 2012, 05:53 PM Reply Like

Bill Swiggart Comments (90)
 
You've not lost a thing unless you sell it.
18 May 2012, 10:21 AM Reply Like

vireoman Comments (619)
 
Keep in mind that volume was 460% of normal. Interesting to see that only 25% of sales in fiscal 2012 were from solar, versus 100% in 2011. In that light, the plummet today looks way overdone. I'll be looking to buy more after the dust settles.
17 May 2012, 09:50 PM Reply Like