GTT Communications, Inc. (GTT)  – Removing From GeoBargain List

The GeoTeam closed out its long position and removed GTT from the GeoBargain list. Shares have increased slightly over 200% since we announced our long position and coded GTT as a GeoBargain on 7/31/2013.  The stock has easily surpassed our initial price targets and is approaching our high end aggressive price target of $13.50 we mentioned in our bullish thesis, “Global Telecom (GTT): Near Term Catalysts Should Close Relative Valuation Gap”.