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jjjorgen

jjjorgen
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  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    So I listened to every word of the conference call this morning. Was very impressed with GTAT's research and development into new winning endeavors. Understandable with everything I'm reading. So now that I'm pretty heavily invested, not sure where to head on this one? One new little piece of news just out:

    NASHUA, N.H., May 17, 2012 (BUSINESS WIRE) -- GT Advanced Technologies Inc.,
    (NASDAQ: GTAT), today announced that it has received two orders totaling $8
    million from Taiwan-based wafer manufacturer UTECH Solar. One order is for its
    new DSS(TM) 450 MonoCast(TM) silicon growth technology
    and the other order is for additional GT DSS(TM)450HP casting
    furnaces. UTECH will upgrade a portion of their current GT DSS450 casting
    furnaces to begin producing MonoCast(TM) wafers, which will
    strengthen its competitive position as a wafer supplier to meet the expected
    demand for higher efficiency solar cells. In addition, UTECH is also increasing
    its total wafer production capacity with additional GT DSS450HP multicrystalline
    casting furnaces to meet the demand from its key customers.

    "This is the first commercial order for our new DSS
    MonoCast technology, and we are pleased to be working with our long-time PV
    customer UTECH Solar," said Tom Gutierrez,
    GT's president and CEO. "We
    expect that the PV industry will begin to transition a portion of its
    traditional multicrystalline wafer production capacity to new crystalline growth
    technology such as our DSS MonoCast systems that offer wafer producers
    additional revenue opportunities by selling higher value wafers because of their
    inherently better material quality."

    "We are seeing a growing interest from our solar cell
    customers for higher quality wafers capable of producing higher efficiency
    cells," said Ben Pan, executive administrator, Utech
    Solar Corporation. "GT's
    DSS 450 MonoCast technology will give us this capability and the additional
    DSS450HP systems will add to our overall production capacity allowing us to
    increase our competitiveness as the PV industry begins to recover in the coming
    years."

    The DSS450 MonoCast system delivers high mono volume yields. The system features
    advanced hardware and an industry first automatic seed retention feature that
    eliminates dipping and operator intervention between the melt and growth cycles
    helping to automate the process and enabling the production worthiness of the
    DSS450 MonoCast system. Customers currently operating DSS furnaces can migrate
    to the new DSS450 MonoCast system through a field upgrade.
    May 17, 2012. 05:55 PM | Likes Like |Link to Comment
  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    There will be threatening back and forth, but the final decision comes in October. I can't blame the U.S. for trying to protect U.S. interests, as we are always bending over to the cheap labor. What would you have them do instead, I'm just curious?
    May 17, 2012. 05:16 PM | Likes Like |Link to Comment
  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    This must be what you are referring to:
    The tariffs on Suntech and Trina were lower than the more than 100 percent tariffs sought by SolarWorld USA and six other companies that had complained to the U.S. government about Chinese imports.

    Shares of U.S.-based solar companies rose on the news, with First Solar Inc up 4.1 percent and Sunpower Corp gaining 11 percent. Sunpower Corp was already rallying after Apple Inc said it would use the company's solar panels for its solar farm.

    U.S.-listed shares of Chinese solar companies dipped, particularly Yingli Green Energy, which was off 10.6 percent.

    I'll need to study the potential Polysilicon impact, but 31% was better than 100%. We'll see what additional impact GT says may be forthcoming.
    May 17, 2012. 04:59 PM | Likes Like |Link to Comment
  • Not participating in today's gains enjoyed by at least some solar players is GT Advanced Technologies (GTAT -16%), which turned in FQ4 results well below Street expectations as its photovoltaic equipment business suffered under a global slowdown in solar product demand.  [View news story]
    I listened to every word this morning, and strongly agree!
    May 17, 2012. 04:45 PM | Likes Like |Link to Comment
  • Not participating in today's gains enjoyed by at least some solar players is GT Advanced Technologies (GTAT -16%), which turned in FQ4 results well below Street expectations as its photovoltaic equipment business suffered under a global slowdown in solar product demand.  [View news story]
    Absolutely ridiculous valuation currently. Amazing what a large short position and hedge funds can manipulate a stock in such a fashion!
    May 17, 2012. 04:29 PM | Likes Like |Link to Comment
  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    Furbo, couldn't resist. Bought another 8400 shares @ $4.46. Ridiculous. Took a slight loss on what I sold to make this transaction, but I will be rewarded. Shorts and poor market conditions brought us down, but I guarantee, this will correct! I've got time!
    May 17, 2012. 03:56 PM | Likes Like |Link to Comment
  • Biotech Takeovers: Who's Next On The Block? [View article]
    Personally, it's time for AEZS to be put up for sale! Do some dd, and see why.
    May 17, 2012. 02:59 PM | Likes Like |Link to Comment
  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    Nice, Furbo!
    May 17, 2012. 07:43 AM | Likes Like |Link to Comment
  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    Shorting at $5.40/shr?? I think your nuts!
    May 16, 2012. 11:01 PM | Likes Like |Link to Comment
  • GT Advanced Technologies (GTAT): FQ4 EPS of $0.69 misses by $0.02. Revenue of $354M (+30.3% Y/Y) misses by $39M. (PR)  [View news story]
    Agreed. It was as good as we could expect, if not better. Love the backlog, good till middle CY 2013. No huge negative surprise, like shorts were expecting. BUT, I'm sure they will beat their drums and tell people GTAT is going out of business. Conference call tomorrow morning will be interesting.
    May 16, 2012. 04:47 PM | 1 Like Like |Link to Comment
  • These Oversold Stocks Have Earnings Next Week Starting May 14th [View article]
    Well Folks, it is our day of reckoning. Everyone believes there will be a poor earnings and projections announcement, so I won't argue. I'm just betting it is not as bad as people think, and we will see a "little" positive momentum after today. Best of Luck Longs!
    May 16, 2012. 09:12 AM | Likes Like |Link to Comment
  • Cell Therapeutics Has Huge Potential To Double Or Triple Soon [View article]
    Pixuvri approved, I buy, and now we sit at $1.01/shr. Any positive momentum left in this stock, or is it just hated too much by everyone?
    What kind of actual earnings potential per year for Pixuvri?
    May 15, 2012. 12:23 PM | Likes Like |Link to Comment
  • These Oversold Stocks Have Earnings Next Week Starting May 14th [View article]
    I am going to disclose I am now up to 10,000 shares of GTAT, cost avg of $5.55/shr. I am sure hoping for the earnings beat tomorrow.
    May 15, 2012. 10:48 AM | Likes Like |Link to Comment
  • 7 Reasons To Buy This Stock With A 7 Handle [View article]
    Hope I did the right thing here. Accumulated 10,000 shares of GTAT at an average price of $5.55/shr. Good luck to all with earnings report tomorrow!
    May 15, 2012. 10:10 AM | Likes Like |Link to Comment
  • 6 Small Cap Technology Stocks With Sound Earnings, Buy Ratings [View article]
    It's in my retirement IRA. It can stay awhile, with no loss of sleep from me. Can't imagine this not doubling over the next couple years.
    May 12, 2012. 09:38 AM | 1 Like Like |Link to Comment
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