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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (2042)10/9/2014 8:06:18 AM
From: Fintas  Respond to of 26744
 
JEROME..SEEMS to me you just like to diss.

That's ok you are entitled.

And self congratulating, monday morning quarterbacking.

SERIOUSLY..

I give KIRK KUDOS and you want to turn it on me?

How long have you been doing this?

If you seriously don't think someone knew then OK.

Next thing you will tell me no one knew SEAGATE was going private.

Have a good one.

Fintas



To: Jerome who wrote (2042)10/9/2014 10:20:14 AM
From: Kirk ©2 Recommendations

Recommended By
berniel
toccodolce

  Read Replies (1) | Respond to of 26744
 
It is hard to believe Apple didn't know that the amount of money they were waving around to GTAT would not significantly affect their business when it was slashed. If I were the SEC, I'd sure take a good look at who was short and what info they had access to.

Also, this "risk" should have been disclosed in the filings. Did you read the SEC filings (10K I believe) that discusses significant risks to the business? I've seen some "one trick pony" companies I've owned disclose that they could cease to be an ongoing concern if their top customer drops them. IF GTAT said the same, then they warned everyone.