I will attend the GTT stockholder meeting today to find out if I can make any money speculating GTT at (2.2-2.4). If GTT management will get rid of its real estate bombs, and focusing their efforts in the transportation business,it can be a very profitable business

GTT has been a dangerous falling knife just as I had predicted 2 months ago!!! The fools must have used too much margin to push it to 15,400, and margin calls are sending these bigger fools to hell.
If margin calls are not the only factor, insider tradings/traders with insider knowledge (without proper public notice) is the other possible factor because of a very bad 1st quarter 2014 report.

I have just read the GTT 2013 financial report on Vietstock that its sale was down 43% comparing to last year and it lost 96 billions but "other income" of 98 billions had prevented another loosing year. The unexplained "other income" probably were from selling equipments, vehicles, real estates....
If its is legal, I would short GTT at 15.000 and start to cover after it come down to 6.000-7.000.
I had given GTT share holders the April Fool award, but they deserved the Bigger Fool award, and they should kick themselves for their loss.

I have read the GTT shareholders meeting reports, and I still do not know why GTT price could be inflated over 300% in 3 months (Oct. 2012-Jan 2013). GTT is a bad company earning 17 VND/share (source: stockbiz)for 2012; therefore, no divident! I do not believe GTT promise to pay 10-12% divident for 2013 because of its large debt.
A big shareholder was happy that GTT share price is still more than double its low, but he/she will need a couple months and average about 5.000 per share to sell her million shares!!!!
I am giving the april fool awards to all GTT shareholders.

There is no one buying GTT today after nearly an hour since the opening of the market!!! The sharks and fools that still have GTT should know that margin calls will come if there is not enough trading volume.
If they want to suck me in (just my lunch money), the floor price has to be less than 10.000 so I can have a 60% odd of making some $$$ 3 days later ASSUMING that they will defend the 10.000 marker!!!! (Assume: making an ass out of you and me!!!!!)

I have a good laugh today because my gamble in GTT using the lunch money 3 days ago had paid off. I noticed that sharks and fools have spent lot of money trying to prevent GTT from dropping below 11.000, but they were lazy and did not put any buy order at the opening of the market a few days ago so I was able to buy some GTT at the floor (10.9) and sold them (11.500) at the opening today.
I think those sharks and fools are low on cash so I will not speculate again (even using just my lunch money !!!!)until GTT drop below 10.000. I will do some real SPECULATION when GTT is back to its fair value (5.000). Buying any stock that does not pay a cash divident is usually speculation because the only way that I can make some money is some greater fools will pay a higher price for it.

It looks like every investor has finally realized that GTT is a deflating ballon so no one buying today. I thought that I can gamble with my lunch money so I tried to buy 10 GTT at its floor (11.000) for more than 1 hour but the market was up so no one sell.
The sharks and fools that still have GTT will have to spend more money buying their own shares to creat the needed volume; otherwise, margin calls will send them all to hell.

Iflated am surprised that the GTT balloon was not deflated as fast as it shoud probably it was not margined as much as I thought. Some investors are spending real money to keep GTT around 12.000 because the flood of margin call will come at 11.000 or 10.000 to send both sharks and fools that still have GTT to hell.
I do not believe that a M&A is going on because GTT book value is only 10.328 (source Vietstock) and GTT only made 17 VND/share (source Stockbiz) which was not enough to give a small year-end bonus to its employees. I advice all investor to sale GTT now (at 12.000) while some greater fools still have money to slow down the flood of margin calls

The GTT baloon is being deflated even that the market has been raising yesterday and this morning. The odds are my 3rd explanation is correct. The SHARKS are bailing out leaving other GREATER FOOLS holding the GTT baloon. If GTT will drop to 12.000, margin calls will forced it back to its fair value(5-7,000) within a few weeks.
I am expecting a few thank you notes from whom were able to bail out early
(14,600).

There are some important news about GTT that have caused the stock to go up more than 300% since Nov. 2012, BUT I DO NOT KNOW WHY !!!
In Oct. 2012, GTT went down with the market and stabilized around 4.400-4.600. I was happy playing GTT making nickle and dime (buying at 4.400-4.500 and selling at 4.600-4.800)for the last few months; suddently GTT was forced downn to as low as 3.800, and I loaded up on GTT because I thought its fair value was 4.400. When GTT recovered in Dec. 2012, I started selling high while buying low until GTT went pass 5.000 when I sold all GTT because I did not believe that GTT could have a profitable 4th quarter thus zero divident for 2012!!!
After I reviewed GTT 4th quarter report and GTT did lost a few more billions, I still do not know why GTT can get to the current price (14,600). There are only 3 possible explanations:
1. A take-over is going on (insider trading)
2. GTT will be liquidated like CSG (insider trading).
3. Some SHARKS had bought most of GTT free floating shares so they can push GTT to any price they want sucking domestic and foreign investors along for the ride (they can margin the inflated GTT to get money to buy more GTT or other stocks).
Because of the special nature of GTT business, it may have a profitable 1st quarter (most income will be from the Tet holidays), but GTT will not make more than 10 billions because of the bad economy.
In April, 2013 (at the stock holder meeting), investors will find out which of the above reasons is the truth. If I still has any GTT, I will cash out now before it is too late.