Volume Spike Investor » GT Solar

After-Hours Surge: GT SOLAR (SOLR)

247admin — Thu, 06 Nov 2008 22:07:08 +0000

GT Solar International, Inc. (NASDAQ: SOLR) has posted some strong earnings and mixed guidance, but shares are rallying sharply as the valuations here are dirt cheap. This closed down 14% in regular trading at $4.48, but the stock is back up 10% at $4.96 in after hours coverage on more than 32,000 shares as of 5:10 PM EST. Here are the full earnings comments.

Jon C. Ogg
November 6, 2008

GT Solar Shows Strong Gains (SOLR)

247admin — Tue, 26 Aug 2008 21:09:23 +0000

Maybe things aren’t all that bad over at GT Solar International Inc. (NASDAQ: SOLR). It posted net income of $5.1 million and earnings of $0.03 on revenues of $57.1 million. These compare to a net loss of $5.0 million for the same quarter last year and a loss of -$0.04 EPS. This was also a 272% revenue rise from the year before. The newly public solar player also guided Fiscal March-2009 revenues $600 to $650 million and $0.70 to $0.75 EPS. SEE FULL NOTES

As of 5:10 PM EST, we have seen a 6.6% gain to %15.00 on more than 470,000 shares traded since the 4:00 PM closing bell.

JON OGG

August 26, 2008

Post-IPO Volume Tanker: GT Solar (SOLR)

247admin — Fri, 25 Jul 2008 13:43:49 +0000

This alternative energy player GT Solar International Inc. (NASDAQ: SOLR) came public just yesterday and was already given a poor reception on its debut day. But that is looking like chicken feed compared to today’s trading in the stock.

At 9:48 AM EST we have already seen over 5 million shares trade hands and stock is down almost 30% at $10.30. It traded as low as $9.30 this morning, after pricing at $16.50 yesterday. Ouch.

Jon Ogg
July 25, 2008