Insider Selling At GT Advanced Technologies Inc As Participants Request Privacy

Mark Melin

Published onOctober 14, 2014

Updated on May 13, 2021

The GT Advanced Technologies Inc (NASDAQ:GTAT) mystery is being pealed back like an onion and it is starting to reek of insider trading.

The stock price of GT Advanced experienced with heavy selling volume around September 9, the day Apple Inc. (NASDAQ:AAPL) announced that it was not using the company as a supplier in their new iPhone 6 product. Selling then exploded as the bankruptcy was publicly announced and the stock price cratered on October 6.

What caused selling in GT Advanced Technologies stock before bankruptcy

We now have more concrete clues as to what may have caused that selling before the bankruptcy announcement – and it appears...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Insider Selling At GT Advanced Technologies Inc As Participants Request Privacy

What caused selling in GT Advanced Technologies stock before bankruptcy

Login required to continue reading.

Get Your Business News