Insider Selling At GT Advanced Technologies Inc As Participants Request Privacy

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Mark Melin
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Updated on

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…

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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.

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