The LED industry has been on a rollercoaster ride this week. Starting off with the bad news, U.S. MOCVD manufacturer GTAT dropped a bomb on the financial market, with its abrupt bankruptcy announcement on Monday. Investors were scrambling to retain any value in their investments as stock prices tumbled more than 92% to a sad US $0.8 per share. Recent reports that the company CEO Thomas Gutierrez sold out a majority of stocks prior to the launch of the iPhone 6, has put the company in a bad light of susceptible insider trading.