short CREE TO 21.50

N

NY_HOOD

MAYBE EVEN LOWER. THIS IS A SCALP GIRLS ! CREE will be bought out by IBM; LOL gimme a break. IBM ai'nt buying CREE,its a false rumor.
 
Quote from retaildaytrader:

How high will Cree go? This thing seems to have no ceiling.
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Yes, just like SYNA, MYGN, STEC, SQNM were all strong buys at their tops...

Trees don't grow to the sky.
 
I can understand your perspective, but you are just presenting one side of the story. There are many stocks that have kept climbing for quite a while after they broke out sometimes doubling or tripling.

I can imagine things going either way, but I would not be so negatively minded as you are. Usually a mindset like that sets you up to lose money.

Honestly, can you not see it going either way? Why cant CREE double or triple from here? JDSU climbed to over 1000 during the late 90s before coming back down.

Why cant CREE go to 100 or 200 like PCLN?

Quote from NoDoji:

Yes, just like SYNA, MYGN, STEC, SQNM were all strong buys at their tops...

Trees don't grow to the sky.
More...
 
Quote from retaildaytrader:

I can understand your perspective, but you are just presenting one side of the story. There are many stocks that have kept climbing for quite a while after they broke out sometimes doubling or tripling.

I can imagine things going either way, but I would not be so negatively minded as you are. Usually a mindset like that sets you up to lose money.

Honestly, can you not see it going either way? Why cant CREE double or triple from here? JDSU climbed to over 1000 during the late 90s before coming back down.

Why cant CREE go to 100 or 200 like PCLN?
More...

I was just throwing some examples out there.

I haven't even looked at a chart of CREE for a few weeks; however I believe that CREE can very easily double or triple from where it was last time I saw it in the 30's.

I learned my lesson the hard way last spring with HOTT about how far beyond "reason" a stock price can go. :cool:

Add: CREE is a reasonable gainer; HOTT was not!
 
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