Does anyone think that we all got bagged when that
Metz character posted that bogus article on
moneytalks.com about Cree and then 3 days later
we get that bullshit Vinik trade. Something
smells bad here.
The 1st shoulder was in oct , the head nov , right shoulder dec.
next was a decline and the inverted H+S - shoulder in jan , head in late jan , left shoulder late feb.
Like art, it's all in the eye of the beholder.
I love a good head and shoulders, but was the first shoulder in Q3 or Q4 last year? If Q3, then we might just be looking at the second right now, with
further down to go. Think that's possible?
Following Info from Ameritrade
As of 2/20/98
SHARE RELATED INFORMATION
Market Cap (Mil) $ 208.78
Shares Outstanding (Mil)13.05
Float (Mil) 9.90
3 Month Avg Daily Vol (MIL) 0.17
10 Day Avg Daily Vol (Mil) 0.13
# of Institutions 44
3 Month Purchases (Mil) 0.94
3 Month Sales (Mil) 1.22
3 Month Net Purchases (Mil) -0.28
% Shares Outstanding Owned 30.6
3 Month Sales > 3 Month Purchases.....Hmmmm
Have a nice weekend to all.
I'm so happy to see the bears arriving and in such
Does anyone here that knows TA see anything strange
in the CREE daily charts ? ( Mind you, TA doesn't result
in consistant reliable trading results , but does give
backup hints to one's fundamental analysis.)
Have you ever seen a Head and shoulders top followed by
a head and shoulders bottom?
bears love bottoms like moths love flames - they get burnt .
good luck to all.
i believe that cthr will pass cree in price over the short term. they are having a conference call today. however, if cthr does well then cree will do well. does anyone know if the $500.00 mplus diamond kits being sold by cthr are selling? SEEMS TO ME EVERY DIAMOND STORE would have to have one. they could not leave home without one.
I would love to hear some news, I mean any kind of news from this company. I own both CREE and CTHR. But I haven't heard anything from CTHR. I would love to hear any kind of info. Heck they are just down the road from here, I guess I could drive over there and ask someone for myself.