Cree

Here's my opinion, for what it is worth, which isn't much. The chart looks like chit. Get the phuck out and stay out. I lost $300 on the pull back to $70 in December, so maybe my view is a bit biased. Notwithstanding, in a bull market, a stock should not be acting like this. This is a better candidate for a short position, rather than long.

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Cree still loooks like a good bet in some ways, but LED lighting a technology that will most likely have very heavy competition.

LEDs are not like integrated circuits, the tech barriers for entry are much lower much like solar cells. I see some asian company stealing know-how, then overtaking them due to manufacturing advantages.

It's sad, but that's the world we live in
 
Yeah, it is always a factor in the chip segment, getting preempted by the competition. These guys have been around for some time. But the stock could still go back to the 20's, if fundamentals turn ugly. It has been a good trade lately, though.
 
Quote from Larson:

Thanks to GG1972, Roark, and mav88 for your input. Much appreciated.
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Yr welcome-the above trigger never went thru-more likely the market rolls over but just in case I d watch that above trigger tommorow "if" market is showing some life-if market is down tommorow i d ignore it.
 
I unloaded a couple of days ago (Thurs am) at 53.30. I bought back in today 1/4 position at 51.48. just to keep the interest up. We'll see if the 50's hold per your post above. thanks.
 
Quote from GG1972:

buy today abover 51.60 with stop 50.80 current price 51.40-51.45
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went thru today will unload 1/2 at 52.40 for approx +.80 and it ll become a free trade after that for other 1/2 current price 52.14 high so far 52.34 :confused: :mad: :D
 
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